Latest OKX Crypto Theft As SMS Notification Security Fails
The reported OKX crypto Theft is under investigation, and the affected users have been contacted. The exchange has pledged to take accountability. The number of crypto larceny incidents has increased as hackers have utilized innovative methods to siphon off user funds. A significant theft was reported by users of the crypto exchange OKX in the […]
OKX Admits Testing ‘Collection Program’ as Bitcoin Fees Skyrocket
After OKX acknowledged testing a new application on the Bitcoin network, the average transaction fee rose to approximately $50. The average transaction cost on the Bitcoin network increased to $52 on Friday, according to data from mempool.space. This means that in order to create a single block on the network, miners must be paid over […]
Coinbase Proposes New Metric to Combat Airdrop-Related Distortions
A new metric called the h-index has been introduced by crypto exchange Coinbase to counter biases in tracking on-chain adoption brought about by airdrop-related activity. The publicly traded U.S. cryptocurrency exchange Coinbase, best known for creating Base, a layer-2 Ethereum solution, has unveiled a new metric that it claims would give a more precise indication […]
Crypto Hacks Rise in 2024, Smart Contracts Not at Fault
Crypto hacks surge by 42% in early 2024, with $542.7M stolen as hackers adapt tactics. In 2024, cryptocurrency hackers and exploiters may be on the brink of a more prosperous year, potentially surpassing their accomplishments from 2023. Hackers stole digital assets valued at $542.7 million in the first quarter of 2024, a 42% increase from […]
Investors File First Civil Suit Against JPEX Exchange
Two individuals have initiated a civil lawsuit against JPEX, a cryptocurrency trading corporation, and other defendants. This is the first lawsuit in the case, and additional lawsuits are expected. In Hong Kong district court, Herbert Lam Sung-him and Chan Wing-yan are each seeking $236,500, according to the South China Morning Post. The pair submitted three […]