Browsing: Security & Hacks

Security & Hacks documents exploit activity, operational failures, phishing campaigns, and post-incident recovery efforts.
Coverage emphasizes measurable impact, affected systems, and practical risk takeaways for market participants.
Related Hubs: Exchange News | Market Analysis | DeFi & Stablecoins

FAQ

Do you cover only confirmed incidents?

Yes. Reports are focused on verifiable incidents and materially relevant updates.

Are wallet and phishing risks included?

Yes. User-side security threats are included when they show systemic patterns or major losses.

Where can I monitor market spillover?

Use Market Analysis and Exchange News to evaluate broader market consequences.

Related Hubs: Exchange News | Market Analysis | DeFi & Stablecoins

Upbit Asset Freeze: $1.77 Million in Damaged Funds

In a significant move for blockchain security, Upbit has recently frozen approximately $1.77 million in damaged assets to safeguard digital assets and maintain trust within the crypto community.The asset freeze, reported by Odaily Planet Daily, follows the detection of suspicious fund movements, prompting the platform’s operator, Dunamu, to employ a sophisticated on-chain tracking system for further investigation.

Cryptocurrency Theft: $27 Million Stolen from User Babur

Cryptocurrency theft has become a pervasive issue in today’s digital landscape, with hackers increasingly targeting vulnerable assets.A recent incident involving the user Babur shed light on this alarming trend, as he lost a staggering $27 million in crypto assets due to theft.

Cryptocurrency Fraud Network Dismantled by Europol

Cryptocurrency fraud has become a pervasive issue within the digital finance landscape, as evidenced by a recent international operation that dismantled a massive money laundering network.This elaborate scheme converted over €700 million (approximately $815 million) into illicit gains through fake investment platforms, marking a significant instance of cryptocurrency scams at play.

Yearn yETH Pool Attack: Understanding the Vulnerability

The Yearn yETH pool attack on December 1st highlighted critical issues in crypto security, demonstrating how even established platforms like Yearn Finance can fall victim to DeFi vulnerabilities.This incident resulted in a staggering loss of nearly 9 million dollars, showcasing the severe impact of smart contract flaws.

Lemon Cash Data Breach: Users' Info Leaked in Hacking

On December 4, the Lemon Cash data breach made headlines when the Argentine cryptocurrency platform revealed that some users’ names and email addresses were exposed due to a hacking incident involving its analytics partner, Mixpanel, on November 9.While this data leak raised concerns among users, Lemon Cash assured its clientele that sensitive information such as private keys and account balances remained secure and unaffected.

Scamming a Scammer: How AI Helped Catch a Fraudster

Scamming a scammer is becoming an intriguing form of vigilante justice in the digital age, where the tables turn on those who prey on the unsuspecting.With the rise of cybersecurity threats, technologies like AI scam prevention and ChatGPT scam baiting have emerged as powerful tools for those who wish to take back control.

Bitget Wallet Login: Access Without Seed Phrase

Bitget Wallet login is revolutionizing how users access their cryptocurrency with a seamless approach that eliminates the need for traditional seed phrases.By integrating social login options such as Google, Apple ID, and email, Bitget Wallet enables individuals to create and manage self-custody wallets effortlessly.

Burma Crypto Scam: DOJ Takes Action Against Fraudulent Sites

The recent emergence of the Burma crypto scam has sparked serious concern among investors and authorities alike.This network, involving a series of fraudulent trading sites, has been identified as a major player in the realm of cryptocurrency fraud, leading to extensive losses for unsuspecting victims.