AI network Bittensor token drops 15% as possible hack leads to chain halt

The incident underscores the vulnerability of decentralized AI networks to security breaches, potentially undermining trust and stability in such systems. The post AI network Bittensor token drops 15% as possible hack leads to chain halt appeared first on Crypto Briefing.

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CoinStats suspends app after security breach compromises 1,590 wallets

CoinStats, the crypto portfolio app, has temporarily shut down its application to address a security incident. The company stated the breach was limited to 1,590 wallets or 1. 3% of all CoinStats Wallets.

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Kraken recovers $3M from CertiK, ending contentious bug bounty incident

Kraken has recovered nearly $3 million from blockchain security firm CertiK, concluding a controversial bug bounty incident. The post Kraken recovers $3M from CertiK, ending contentious bug bounty incident appeared first on Crypto Briefing.

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Kraken’s $3 million bug exploit leads to criminal investigation

Crypto exchange Kraken reported that a rogue security research company has unilaterally held on to $3 million in digital assets they exploited from a bug on its platform. Kraken’s Chief Security Officer Nick Percoco detailed the incident on X, revealing that on June 9, the company received an anonymous tip from a “security researcher” about […] The post Kraken’s $3 million bug exploit leads to criminal investigation appeared first on CryptoSlate.

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Kraken faces extortion after $3 million crypto bug exploit

Cryptocurrency exchange Kraken recently revealed that a security vulnerability led to the loss of $3 million worth of digital assets. This incident involved a self-proclaimed security researcher who identified a critical bug, subsequently exploited by related accounts to siphon funds.

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Frax Finance CEO suspects inside job at X in socials hack

Frax Finance CEO suspects insider involvement in X account hack, passwords not tampered with. Incident highlights security challenges on social media platforms. The post Frax Finance CEO suspects inside job at X in socials hack appeared first on Crypto Briefing.

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Caitlyn Jenner falls victim to cryptocurrency exit scam

Prominent media personality Caitlyn Jenner was allegedly socially engineered to promote a scam coin, called JENNER, which experienced a significant drop in value shortly after its launch.  The incident triggered multiple reactions from crypto proponents, with speculation that the former…

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Solana meme coins surge up to 210% despite Pump.fun incident

Despite a security breach at Pump.fun, Solana's meme coins saw a robust surge, with DogeBoy leading at a 210% increase. The post Solana meme coins surge up to 210% despite Pump.fun incident appeared first on Crypto Briefing.

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Binance develops algorithm to combat address poisoning scams

After the harrowing incident where a trader lost roughly $71 million in Wrapped Bitcoin, Binance researchers have developed an algorithm to fight against address poisoning attacks. The post Binance develops algorithm to combat address poisoning scams appeared first on Crypto Briefing.

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Near Protocol ‘darkness’ and ‘sovereignty’ X posts raise hack suspicion

The unusual messages, including a Morse code video and gothic-font tweets, left the crypto community puzzled. Near Protocol has not yet commented on the incident.

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Over $20M in bridged Ether returned to ZKasino wallet

Over $20M in bridged Ether returned to ZKasino wallet weeks after alleged exit scam, renewing hope for victims as authorities investigate the incident. The post Over $20M in bridged Ether returned to ZKasino wallet appeared first on Crypto Briefing.

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Investor Falls Victim To $71 Million Address Poisoning Scam

In a concerning turn of events, an anonymous crypto trader has lost approximately $71 million worth of assets in an address poisoning scam. This incident has roused much tension in the crypto ecosystem, underlining the need for improved safety measures.

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How One Crypto Trader Lost $71 Million in Bitcoin Due to a Phishing Attack

In a shocking incident reported by on-chain data analysis firm LookOnChain, an anonymous cryptocurrency trader fell victim to a devious phishing scam, resulting in the loss of 1,155 Wrapped Bitcoin (WBTC) tokens, valued at $71 million at the time of the incident.

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Bald developer destroys 60% of BALD token supply after rug pull incident

Coinbase’s Base has seen increased popularity amid memecoin rallies. One of its earliest projects, the Bald meme token, dominated Tuesday’s crypto market trends after burning 60% of the token supply.

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HTX, Bitget to donate trading fees to Slerf community after $10m incident

HTX, Bitget, and BingX have pledged to donate trading fees to support the Slerf community after the anonymous meme coin developer accidentally burned $10 million in presale funds. Crypto exchanges HTX (formerly Huobi), Bitget, and BingX have announced their commitment…

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Bitbot gains momentum as latest rug pull jolts market

Crypto project Bitbot is gaining momentum in its presale, so far raising more than $715k. This comes as the world’s first non-custodial Telegram trading bot moves towards its official launch. The upcoming debut is getting more attention across crypto trading, particularly after the latest rug pull incident.

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Aussie crypto exchange seeks to reclaim $328k after major fat-finger crediting mistake

An Australian crypto exchange is reportedly making efforts to retrieve nearly $328,000 from a user after mistakenly crediting their account due to a substantial fat-finger error. The incident involved Rhino Trading, the parent company of the crypto exchange OTCPro, which…

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Axie Infinity co-founder loses nearly $10m from crypto wallet hack

Jeff Zirlin, co-founder of blockchain gaming platform Axie Infinity, suffered a loss of close to $10 million after two of his personal wallet addresses were compromised.  Zirlin took to X to announce the unfortunate incident, stating that the hack did…

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The FTX Hack: The Unsolved SIM Swap Mystery

New rules from the SEC and FCC, and the former’s own SIM swap incident, are likely to raise scrutiny on crypto firms to clamp down on a scourge of identity-hacks, says Andrew Adams, partner at Steptoe.

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Ethereum Outperforms as Crypto Markets Navigate Volatile Waters

Ethereum's price increased by more than 5% following the SEC's fake Bitcoin ETF news incident, closing in on a 21-month high of $2,400, while Bitcoin's price fell by 1.6%. The post Ethereum Outperforms as Crypto Markets Navigate Volatile Waters appeared first on BeInCrypto.

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Ledger Declares Users are ‘Safe’ to Use Connect Kit, Following Malicious Attack

Stay informed about the recent crypto theft incident involving Ledger and the subsequent assurance of safety from the development team. The post Ledger Declares Users are ‘Safe’ to Use Connect Kit, Following Malicious Attack appeared first on BeInCrypto.

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KyberSwap suffers multichain exploit, resulting in $45m loss

The Kyber Network team has confirmed the incident, urging users to promptly withdraw their funds. Decentralized exchange protocol KyberSwap has allegedly suffered a hacker attack as more than $45 million worth of crypto has been drained from the project across…

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Kronos Research halts trading following API key hack

Crypto trading and market making platform Kronos Research announced on November 19 that it had paused all trading activity after a hack incident involving compromised API keys. The crypto platform said halting trading was “in the interest of transparency” amid an investigation around the unauthorised access.

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Kronos Research Halts Operations After Losing $26 Million In Security Breach

Kronos Research, a Taipei-based market maker, trading firm, and venture capital fund, witnessed the withdrawal of significant amounts of crypto assets due to a breach of its security system.   Kronos Breach: Investigation Underway On Sunday, November 19, Kronos Research disclosed – via a post on X (formerly Twitter) – a security incident that involved unauthorized access to its API keys.

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Crypto losses soar to $173m in November, driven by Poloniex hack

November sees a dramatic spike in cryptocurrency losses, totaling $173 million, with major hacks at Poloniex and a phishing incident leading the surge.

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Bankrupt Bitcoin ATM Firm Coin Cloud Suffers Data Breach: 300,000 Customers’ Sensitive Info Stolen

The crypto world is facing a new security challenge as Coin Cloud, a prominent Bitcoin ATM operator, recently became the target of a significant data breach. This incident comes at a challenging time for the company, which filed for bankruptcy earlier this year amid the crypto market downturn and the fallout from the FTX collapse. […]

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Binance CEO freezes millions in stolen crypto after this incident - More here

Workers from a client company of Binance were kidnapped. CZ responded quickly, and made a public announcement on X. Binance's [BNB] CEO CZ shared that executives from a client company they The post Binance CEO freezes millions in stolen crypto after this incident - More here appeared first on AMBCrypto.

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Poloniex hit by $100 million theft, hacker boosts Tron’s TRX

Crypto entrepreneur Justin Sun has offered the Poloniex hacker a 5% bounty to return the stolen funds within the next seven days. The hack Earlier today, Sun said Poloniex was investigating a hacking incident without providing additional information.

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Bitfinex suffers phishing attack, says there is ‘no loss of funds’

Сrypto exchange Bitfinex resolved a security incident and contacted all customers affected by a phishing attack. However, no funds have been lost. Crypto exchange Bitfinex said in a blog post it had suffered “a minor information security incident,” affecting customer…

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Bitfinex Suffers Minor Security Incident Following Customer Support Hack

Cryptocurrency exchange Bitfinex experienced a minor security incident earlier this week through a phishing attack on one of its customer support representatives.   Although the issue has now been resolved, such attacks only underline the constant attacks of bad actors on major key crypto infrastructures such as trading exchanges.

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Stake.com’s $41M hack: Implications and lessons in crypto security

Stake. com was recently hacked for $41 million. What happened during the incident? How did the crypto casino giant respond to the attack? The implications and lessons for crypto. The security breach that saw online crypto casino Stake.

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Fake news on Bitcoin ETF approval: How rumors can sway the crypto market

The crypto community stirred as news of a Bitcoin ETF approval sent BTC prices to almost $30,000. However, this was debunked, resulting in a drop to around $28,000. This incident highlights crucial aspects within the crypto sphere.

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MetaMask Wallet Returns To Apple App Store Following Temporary Removal – Details

Popular DeFi wallet MetaMask, with 21 million monthly users, was pulled off the Apple App Store for a few hours on Saturday. Although the crypto wallet app has now been restored, there has been no official explanation of the reason behind this incident.

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Flits (FLS) token up 20% despite $1.68M rug pull incident – details

Updates on Flits (FLS) rug pull dominated the crypto market on October 11 after the altcoin faced a $1. 68 million exit scam. The development caught the market’s attention as the BNB Chain-based coin faced the heist within a day of launching.

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Crypto exchange Upbit blocked 159k hacks in H1 2023: Report

Dunamu, the firm behind Upbit, emphasized that since that incident, they have implemented various measures to prevent recurrence. South Korea's virtual asset market continued to thrive in the fThe post Crypto exchange Upbit blocked 159k hacks in H1 2023: Report appeared first on AMBCrypto.

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Ordswap loses control of its website, urges users to recover keys

Ordswap has experienced a security breach that has led to phishing risks for users’ private keys and assets. An online tool has been introduced for MetaMask users to recover private keys. The incident underscores security concerns in crypto.

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Inside Job Suspected As Huobi Wallet Falls Victim To $263,000 Exploit

According to multiple reports, iToken, formerly known as Huobi Wallet, fell victim to a crypto heist in the last week, leading to the loss of $263,000 worth of users’ assets. The incident draws much attention following recent police investigations into some of Huobi’s former staff.

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Huobi Hacked For $8 Million Worth Of ETH, Offers Hacker 5% Bounty

According to Arkham Intel, the Huobi crypto exchange platform (HTX) fell victim to a hacking incident resulting in the theft of 5000 ETH, valued at approximately $8 million. The hacker reportedly moved 1,000 ETH to a separate wallet, 0x799, shortly after compromising the platform and has since remained silent.

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Mixin Network halts deposits and withdrawals following $200M hack

On 25 September, crypto platform Mixin Network announced that hackers attacked its cloud service provider, leading to an approximately $200 million loss. The company revealed that the 23 September incident has forced it to (temporarily) suspend deposits and withdrawals.

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Nansen third-party vendor suffers security breach, user data affected

The crypto analytics provider says a security breach of a third-party vendor has affected nearly 7% of users in the system who were promptly informed of the incident.

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Nansen Warns Of Potential Phishing Attacks Following Vendor Security Incident Exposing Customer Data

Crypto analytics platform Nansen has revealed that a bad actor accessed its admin system to provision customer accounts. On Sept. 20, a security breach by one of Nansen’s third-party vendors led to compromised customer access, underscoring the ever-present digital risk, particularly in the continually evolving arena of blockchain technology and cryptocurrency.

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Binance US CEO Brian Shroder exits as exchange cuts one-third of workforce

Binance US CEO Brian Shroder has left his role at the embattled crypto exchange amid a significant workforce reduction, which saw around one-third of its employees laid off, too. A Binance US spokesperson confirmed the incident, adding that the action gives the platform more than seven years of financial runway to continue operating as a […] The post Binance US CEO Brian Shroder exits as exchange cuts one-third of workforce appeared first on CryptoSlate.

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CoinEx hot wallets drained of $27.8m worth of crypto in ‘security incident’

CoinEx has become a subject of what it called a 'security incident,' with multiple suspicious transactions stemming from the platform's Ethereum hot wallet.

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Crypto exchange CoinEx reportedly hacked as ETH, Polygon wallets lose millions

A reported hack has resulted in CoinEx losing millions in ETH, MATIC, and TRON The crypto exchange has not made an official announcement on the incident but has gone under wallet maintenance The post Crypto exchange CoinEx reportedly hacked as ETH, Polygon wallets lose millions appeared first on AMBCrypto.

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This Bitcoiner Just Paid a Whopping $500,000 In Transaction Fees for A 0.074 BTC Transfer

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Crypto betting platform Stake silent on reported $41M fund drain

Several blockchain security firms, including Peckshield, have reported the suspicious movements of significant funds on crypto-based sports betting platform Stake. Cyvers platform first reported the incident, noting that about $16 million of stablecoins were converted into Ethereum (ETH).

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World’s Largest Crypto Casino Stake.com Suffers $41.3 Million Hack

Stake. com, the world’s largest cryptocurrency casino, has reportedly fallen victim to a cyber-attack, resulting in a big loss of $41. 3 million. This incident raises serious questions about the security of online crypto platforms, even as it casts a shadow over the burgeoning crypto gambling industry.

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Crypto Influencer Loses All His Funds After Accidentally Exposing Seed Phrase on Live Stream

Popular Portuguese crypto-influencer Ivan Bianco inadvertently revealed his seed phrase while live-streaming about his DeFi (Decentralized Finance) earnings. This incident underscores the paramount importance of safeguarding sensitive information related to one’s digital assets.

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US drug regulator mistakenly sent $55k to scammer

US Drug Enforcement Administration (DEA) mistakenly transferred $55,000 to a crypto scammer, exposing vulnerabilities even amidst high-security operations. The scam was uncovered when the US Marshals Service detected the incident.

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