HECO Chain Bridge Loses Over $86.6M Due to Suspected Hack
PeckShield, a blockchain security platform, has disclosed that digital assets worth over $86.6 million were transmitted from the HECO Chain bridge to addresses that appear to be suspicious. The security firm hypothesizes that an ongoing exploit has compromised the bridge. Tron founder Justin Sun issued the following statement in response to the incident: HTX will […]
Poloniex Exchange Resumes Withdrawals Following Hack
Following a $100M hack on Nov. 10, Poloniex cryptocurrency exchange is preparing to resume operations. Poloniex, a cryptocurrency exchange founded by Justin Sun, is preparing to recommence operations after a significant breach in mid-November. The company officially disclosed this information in an announcement published on November 15. The platform’s restoration efforts following the $100 million […]
Friend.Tech Theft Sparks Decentralization Concerns
Several users reported falling victim to SIM swap attacks and suffering losses due to hackers exploiting their Friend. tech accounts. Some users have reported recently that their Friend.tech accounts have been hacked and their assets seized. While Friend. Tech has promoted itself as a decentralized social platform based on the Coinbase Base platform; recent events […]
What Caused Ripple’s $15M Crypto Hack at Fortress Trust?
Fortress Trust had $15 million stolen from it as a consequence of the Google Authenticator breach, which was disclosed by Retool recently. Retool has disclosed vital details regarding a recent malware incident that compromised 27 cryptocurrency accounts. In this incident, a staggering $15 million worth of cryptocurrency was stolen from Fortress Trust after an attacker […]
Remitano Reportedly Hacked For $2.7M; Tether Freezes $1.4M
Over $2.7 million was withdrawn from the Remitano exchange’s wallet by a single account, resulting in suspicious transactions. On September 14, the cryptocurrency exchange Remitano encountered large withdrawals under suspicious circumstances, leading some blockchain analysts to conclude that it may have been compromised. Cryptocurrency worth $2,7 million has been withdrawn via suspicious transactions. Tether has […]