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China-based DeFi Protocol DForce Suffered Devastating $25Mln Hack

DForce – the China-based decentralized finance protocol – has reportedly suffered a hack, which caused $24.95 million of financial damage, and consequently shut down its Lendf.Me lending...

Natalie Wu | Apr 20, 2020 15:27

Etherscan Released Tool For Illegal Acts-associated Wallets Flagging

Well-known Ethereum (ETH) block exploring platform Etherscan has reportedly introduced a machine learning-based surveillance tool, which helps identify ETH and wallets having connections with illegal...

Warren Hayes | Apr 16, 2020 15:35

French Digital Entrepreneur Indicted For Stealing 1 Mln Euros Worth Of BTC From Ex-coworker

A tech entrepreneur from France has reportedly been brought into custody, over charges against illegally acquiring more than 1 million euros in Bitcoin (BTC), from his former coworker. Specifically,...

Natalie Wu | Jan 02, 2020 03:42

South Korean Cryptocurrency Exchanges to be Held Accountable for User Losses

Bithumb and four other major cryptocurrency exchanges in South Korea have reportedly changed their terms of services to state that they will be held accountable for user losses after a cyber attack or...

Shannon Wilson | Jun 19, 2019 04:11

Cryptocurrency Wallet Service GateHub Loses Over $9M in XRP To Hackers In Security Breach: Report

Cryptocurrency wallet service GateHub reportedly lost around 23,200,000 XRP (more than $9 million) in a recent hack. In a preliminary report dated June 06, GateHub estimated the incident to have...

Shannon Wilson | Jun 11, 2019 04:15

New Site Distributing Mining and Clipboard Hijacking Crypto Malware Discovered

Fumik0 – a Twitter account specialised in malware researching – has reportedly uncovered a web page which distributes cryptocurrency malware. Reported by Bleeping Computer on June 5th, a...

Natalie Wu | Jun 08, 2019 04:34

Blockchain Startups Accused of Conning Investors $8 Million with Exit Scams

On May 16th, RepuX and JoyToken – 2 blockchain-based tech startups – have been accused of performing initial coin offering (ICO) exit scams to con investors. Specifically, the 2 blockchain...

Natalie Wu | May 20, 2019 04:53

Cybercriminals to Exploit Confluence Vulnerability With Rootkit

Security intelligence firm Trend Micro Inc. has released a report about CVE-2019-3396 exploitation, a critical vulnerability involving Confluence, with its latest update providing a new rootkit...

Natalie Wu | May 10, 2019 03:26

Hackers Attack Crypto Exchange Bithumb, Caused $19 Mil Lost

On March 30 tweet, the crypto exchange Bithumb announced a temporary pause of its cryptocurrency withdrawals and deposits system. On the tweet, the Bithumb revealed that at 10:15 (time zone unknown)...

Natalie Wu | Mar 31, 2019 09:07

Bithumb Looks For Further Expansion into The UAE

South Korean crypto exchange Bithumb is setting out its business in Middle East, the United Arab Emirates (UAE) in particular. The exchange confirmed that it had signed a memorandum of understanding...

Natalie Wu | Feb 15, 2019 04:00