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Fantom DeFi Project Loses $30M to a Security Breach


Fantom-based Grim Finance recently faced a security breach, losing 30 million dollars to a hacker. The unidentified hacker exploited a reentrancy bug in Grim Finance’s smart contracts. As soon as the news of the attack came out, the network’s TVL dipped to 4.2 million dollars from 98.9...

Vulcan Forged Platform Suffers Security Breach, 96 Wallets Compromised


Vulcan Forged, a gaming and NFT platform, suffered a security breach that allowed attackers to gain control of some cryptocurrency wallets of the service. The hackers got hold of 96 user wallets and managed to steal more than 4.5 million PYR, the native token of the project, among other assets....

Ascendex Hacked — Exchange Loses $77 Million in ERC20, BSC, Polygon Tokens


Ascendex, a cryptocurrency exchange, suffered a security breach that allowed hackers to take control of some of the wallets of the exchange. The attack focused on hot wallets, where funds are kept as a buffer to tend to customers’ withdrawals. The company announced that it would reimburse...

BitMart Loses $196M to Security Breach


The crypto market recently witnessed a shocking incident as the well-known exchange, BitMart lost 196 million dollars to a security breach. A report by Coindesk stated that the crypto exchange lost $196m, which was originally said to be 150 million dollars. According to the report, the intruder...

Exploit Allows Hackers to Siphon $120 Million From Defi Protocol Badgerdao


The decentralized autonomous organization (DAO) called Badgerdao has disclosed that it has “received reports of unauthorized withdrawals of user funds.” The analytics team Peckshield estimates that over $120 million was siphoned in the Badgerdao breach. Badgerdao Suffers $120 Million...

Cardano (ADA) Takes Support to Breach the $2.40 Resistance Level


Despite holding on to the fourth position, Cardano faces stiff competition from Tether and Solana, which are trading with a market capitalization of $73 billion compared to that of ADA of $74 billion. Comparing the price over the last two months, ADA is certainly in a bad spot with 12% negative...

Cardano Stuck in a Negative Zone; ADA Could Breach Its $2 Support


Despite losing over 30% of its value from its all-time high of $3.05, Cardano is still holding on to its fourth position amongst the leading cryptocurrencies. This could plainly indicate a decreasing buying sentiment across all cryptocurrencies, except BTC, ETH, and BNB. At present, the market...

Binance Coin (BNB) Follows Bitcoin to Breach September High!


After days of trailing behind Cardano in terms of market capitalization, a recent up move has helped Binance Coin get back its third position. This time BNB has created a difference of close to 15% between its and ADA’s market capitalization. One might wonder why BNB. Well, Binance is...

Dogecoin Fails to Breach the 200 DMA Resistance!


Dogecoin has marked a quick progression from being an underrated cryptocurrency with the meme theme of a dog to becoming an inspiration for other meme cryptocurrencies. DOGE holds a market capitalization of over $32 billion and currently places at the 9th position. Consistent profit booking...

AT&T Sued by Customer After Security Breach Led to Theft of Cryptocurrency


An AT&T customer filed a lawsuit against the company last week accusing it of failing to provide “reasonable and appropriate security to prevent unauthorized access to its customer wireless accounts.” This has led to the theft of cryptocurrency from the plaintiff’s crypto...

Crypto Exchange Liquid Hacked, Loses Millions in Various Currencies


Japanese cryptocurrency exchange Liquid is suspending deposits and withdrawals after a security breach resulting in the loss of around an estimated $80 million in digital assets. The platform published the suspected hacker’s addresses and said it’s moving funds to cold storage. Hacker...

Elrond En-route to Breach its Long-Term Resistance Zone


The name Elrond mustn’t necessarily ring a bell, but it’s among one of the leading Dapps supporting blockchain platforms. The fact that it tends to bring together two of the most astonishing components of the modern age, blockchain and the internet, together provides a better insight about...

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