Another DeFi Hack: DEGO Finance loses over $10M to Attack
With the newest breach on Dego Finance, the incidence of DeFi assaults is becoming more concerning. On February 10, Dego Finance was hacked. Soon after, it partnered with well-known cryptocurrency exchanges including Binance, Kucoin, and Gate.io to close deposits for DEGO, its native governance and equity token. The protocol also advised Uniswap, Poloniex, PancakeSwap, WazirX, and other exchanges to follow suit in order to reduce losses. Dego Urges users to […]
The US Department of Justice arrests couple in connection with the 2016 Bitfinex hack and recovers $3.6B in crypto
Years after hackers stole 119,756 Bitcoin (BTC) from the Bitfinex exchange, the US authorities have arrested a couple linked to the crime while also recovering $3.6 billion in Bitcoin. The US Department of Justice announced on Tuesday that Ilya Lichtenstein and his wife Heather Morgan had been arrested for allegedly plotting to launder cryptocurrency linked […]
Hack Attack: $4.4M Reportedly Stolen From Blockchain Infrastructure Firm Meter
The hack attack on Meter resulted in the loss of about 1391 ETH ($4.3 million) and 2.74 BTC ($115,000), according to blockchain analytics firm PeckShield. Meter, a blockchain infrastructure company, said $4.4 million was taken during a hack on the network on Saturday morning about 9 a.m. ET. The company claims to provide an architecture […]
Trezor Wallet Containing $2M Worth of Crypto Cracked by Renowned Computer Engineer
New Yorker Dan Reich recently retrieved over $2 million in crypto from a Trezor wallet with the help of legendary computer expert and hardware hacker Joe Grand. The Portland-based hacker known by his nickname “Kingpin” offered a detailed account of how he cracked the wallet and recovered the “lost” crypto funds in a recent YouTube […]
Crypto info outlet Coin Bureau’s Youtube channel gets hacked
In the past few days, there have been some attacks targeting prominent crypto YouTubers, Coin Bureau is the latest YouTube channel to be affected despite its implementation of the Two-Factor Authentication or 2FA. On Monday, Coin Bureau , a major cryptocurrency news source with over 600,000 Twitter followers, faced a security compromise on its Youtube […]