Browsing: crypto security

In a shocking turn of events in the crypto world, Upbit deposit withdrawal suspended following the theft of approximately 54 billion Korean won, equivalent to around $36.8 million.This alarming incident, which involved Solana network assets getting transferred to an unknown external wallet, has caused significant concern among users of the popular Upbit exchange.

The recent rise of the Monad mainnet scam has sent shockwaves through the crypto community, highlighting the perils of engaging with new ERC20 transfers.Only 48 hours post-launch, reports flooded in about fraudulent notifications of token transfers that misled thousands of users, with over 76,000 wallets participating in a high-stakes airdrop.

Harry Donnelly, CEO of Circuit, stresses the importance of prevention in crypto security rather than relying on recovery efforts, which…

In the ever-evolving world of cryptocurrency, security remains a top concern for investors and users alike. Recognizing this critical need,…