XT.com Exchange Suspends Withdrawals Amid Hack Report
After a suspected $1.7 million breach, XT.com, a cryptocurrency exchange with a reported daily trading volume of $3.4 billion, has suspended withdrawals. Citing “wallet upgrade and maintenance,” the exchange suspended disbursements on November 28. The statement was released approximately one hour before a report by blockchain security firm PeckShield indicated that XT.com had been “hacked” […]
US Government Recovers $19.3M After Alleged Hack
A government wallet that was drained of US$20 million on Thursday had most of its assets recovered on Friday. A hacker stole $20 million from a U.S. government wallet on Thursday, though most of the funds were unexpectedly returned on Friday, raising speculation about the incident. The activity, which Twitter flagged as one of the […]
US HC3 Warns Against Crypto Trinity Ransomware
The United States Health Sector Cybersecurity Coordination Center (HC3) issued a warning regarding Trinity ransomware, renowned for extorting cryptocurrency from its victims. The US Health Sector Cybersecurity Coordination Center (HC3) released a profile of Trinity ransomware on October 4, a threat actor targeting sensitive data. To fool victims into installing the ransomware on their computers, […]
Telegram Bot Banana Gun to Absorb $3M Hack Loss
The breach on Banana Gun reported on September 19 forced the company to suspend its Ethereum Virtual Machine (EVM) and Solana bots. In response to a recent breach that was carried out by eleven individuals, the cryptocurrency trading bot known as Banana Gun, which is based on Telegram has announced that it will reimburse consumers […]
BingX Hack Loss Grows to $52M
Singapore-based exchange BingX’s suspected hack loss has risen to over $52 million, up from initial reports of $26 million. The estimated loss of BingX, a cryptocurrency exchange situated in Singapore, has surpassed $52 million due to a suspected hack on September 20. This figure is double the previously reported $26 million. In previous reports, the […]