Cross-Chain Bridge Qubit loses $80 Million to hackers
According to a report from CertiK, cross-chain bridge Qubit has been hacked with losses spanning over $80M in assets. The recent compromise made the incident the largest DeFi exploit of 2022. According to CertiK’s blockchain security specialists, a decentralized finance (DeFi) vulnerability linked to Qubit Finance’s Binance smart chain – Ethereum bridge resulted in an […]
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 […]
400 user accounts were compromised – Crypto.com CEO
Kris Marszalek CEO of Crypto.com confirmed on Bloomberg TV on Wednesday that 400 accounts were hacked earlier this week after several layers of the firm’s security were breached. Crypto.com announced on Thursday that “4,836.26 ETH, 443.93 BTC, and about US$66,200 in other currencies” had been taken without permission from clients’ accounts. According to the current […]
Users attack Multichain over security vulnerability leading to losses of over $3M
Cross-chain router protocol (CRP) Multichain, on January 17th first discovered a security breach on its network. However, hackers have continued to take advantage of the weakness in the chain with users having lost over $3M. Multichain asked users to rescind permissions for six tokens earlier this week to protect their funds from fraudulent persons . […]
Bent Finance faces exploitation by hackers
Another cryptocurrency platform called Bent Finance has been hacked, investors were asked to take their money out until the exploit is fixed with new updates. Bent Finance first found out about the hack on Monday, around 8:55 PM EST. At that time, the company said there had been no money lost. However, the community thought […]