BingX Hack Sees $43 Million in USDT, USDC Stolen

BingX Hack Sees $43 Million in USDT, USDC Stolen

BingX’s head confirmed the incident and stated that the technical team had detected unusual activity leading to the compromise of hot wallets. In the most recent news on cryptocurrency hacks, the BingX exchange suffered a massive theft that resulted in the loss of more than 43 million dollars. This theft has caused investors to lose […]

WazirX Blames External Forces for Restructuring Delays

WazirX Blames External Forces for Restructuring Delays

WazirX plans to resume Indian rupee withdrawals on August 26 and cut withdrawal fees by 60%. WazirX, an Indian cryptocurrency exchange, has voiced its disapproval of external forces that it asserts are intentionally impeding its efforts to retrieve its holdings. The exchange introduced the criticism immediately after a thorough restructuring plan, intended to restore financial […]

WazirX To Restore Wallets Amid Fraud Claims

WazirX to Restore Wallets Amid Fraud Claims

WazirX plans to resume trading and withdrawals shortly while addressing user concerns. On Thursday, WazirX, a troubled cryptocurrency exchange, announced its decision to restore wallet balances and nullify any conducted trades. The decision to take this action came after customers expressed dissatisfaction with the previous plans of the cryptocurrency exchange based in India, and following […]

Nexera Burns 32.5M Stolen NXRA Tokens After Hack

Nexera Burns 32.5M Stolen NXRA Tokens After Hack

Nexera burned 32.5 million stolen NXRA tokens to enhance security after a recent hack, permanently removing them from circulation. As part of its efforts to resolve the incident and improve security, Nexera, a decentralized finance (DeFi) protocol, has burned 32.5 million NXRA tokens that were involved in a recent hack. These 32.5 million NXRA tokens […]

Pancake Bunny Hacker Moves $2.9M in Ether After 3 Years

Pancake Bunny Hacker Moves $2.9M in Ether After 3 Years

After three years of inactivity, stolen funds worth $2.9M ETH associated with the Pancake Bunny hack were transferred through the privacy protocol Tornado Cash. Pancake Bunny experienced a flash loan attack in May 2021, losing approximately 697,000 BUNNY tokens and 114,000 BNB. This event significantly impacted the value of the BUNNY token, which plummeted by […]