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Heco Bridge Breach Drains $86 Million — Justin Sun’s HTX-Linked Venture Faces Major Security Setback
22.11.2023
Numerous sources have reported that the Heco Bridge, a cross-chain conduit linking Ethereum with the Heco blockchain, has suffered a security breach, resulting in a loss of $86 million. Subsequent to the heist, the stolen funds were redirected to various decentralized exchange (dex) platforms....
Suspicious Wallet Activity Indicates $110 Million Drain from HECO Bridge and HTX Exchange – What’s Going On?
22.11.2023
Blockchain security firms detect suspicious activity on HECO bridge and HTX with initial losses estimated at $110 million weeks after $100 million was drained from Poloniex. According to data from Cyver Alerts, a suspicious address has received $12 million from HTX cryptocurrency exchange followed...
Mastercard and Feedzai Collaborate to Increase Crypto Fraud Protection for 900 Million Consumers Globally
22.11.2023
Mastercard is collaborating with Feedzai to “increase crypto fraud protection for hundreds of millions of consumers.” In pairing the technologies offered by the two companies, “Feedzai’s customers, who collectively protect over 900 million consumers globally, will now be able...
Security Firm dWallet Labs Uncovers Vulnerability with $1 Billion of Crypto At Risk
21.11.2023
Source: Pixabay Blockchain security firm dWallet Labs recently unveiled a vulnerability that it asserts has the potential to impact approximately $1 billion worth of crypto. The security firm published a Medium blog post on Tuesday saying that it had discovered a potential vulnerability...
Today in Crypto: 11 Former Revolut, Spotify, and Coinbase Leaders Unveil Zeal Wallet, Ondo Finance Launches Tokenized US Treasury Product on Injective
21.11.2023
Source: AdobeStock / trekandphoto Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. __________ Wallet news The team consisting of 11 former Product and Engineering leaders from Revolut, Spotify, and Coinbase...
Fantom Awards $1.7 Million to Security Researcher for Spotting A Massive Vulnerability
21.11.2023
Source: Adobe Stock / sunilpurushe The Fantom Foundation has awarded a $1.7 million bounty to a blockchain security researcher who identified a potential breach that could result in $170 million losses. The non-profit organization that partakes in the blockchain’s development says it has eliminated...
Security firm dWallet Labs flags validator vulnerability that could affect $1B in crypto
21.11.2023
Validator service provider InfStones disagreed and told Cointelegraph that “nothing close to $1 billion in assets would be at risk,” even in the worst-case scenario
Poloniex Crypto Exchange Reveals Hacker’s Identity, Offers $10 Million Bounty
20.11.2023
Source: AdobeStock / Tomasz Bidermann Digital asset exchange, Poloniex has uncovered the identity of the hacker who stole over $100 million from its wallet offering a $10 million bounty for a smooth recovery process. Blockchain security firm PeckShield revealed that Poloniex has made progress...
Japanese exchange plans to start digital securities trading on Dec. 25
20.11.2023
Ichigo Inc., based in Tokyo, plans to offer over $20 million worth of digital securities backed by real estate on Osaka Digital Exchange (ODX)
Report: Crypto Mining Equipment Found in Poland’s Supreme Court
20.11.2023
Prosecutors in Poland’s capital Warsaw recently launched a probe into how cryptocurrency mining equipment was installed in a building housing the country’s Supreme Administrative Court. The chairman of the court’s information department insisted the crypto-mining equipment posed...
Osaka Digital Exchange to Launch Trading of Japan’s First Digital Securities on December 25
20.11.2023
Source: Jezael Melgoza/Unsplash Osaka Digital Exchange Co. is set to revolutionize Japan’s financial landscape by introducing the country’s first-ever digital securities trading. On November 16, Osaka Digital Exchange (ODX) announced plans to launch Japan’s first-ever digital...
Osaka Digital Exchange to Start Security Token Trading Platform
20.11.2023
The platform, Start, will begin operating on Dec. 25 with a $20 million real-estate securities issue
WOO X Crypto Exchange Reopens Trading with Enhanced Security After Market Maker Breach
20.11.2023
Source: iStock/JuSun Crypto trading platform WOO X has resumed operations after one of its market markers saw a significant amount of crypto assets withdrawn due to a breach of its security system. “It is business as usual for WOO X, as WOO reassures users that all client assets remain secure...
Hacker Steals $25 Million from Kronos Research Through Compromised API Keys
20.11.2023
Trading firm Kronos Research fell victim to a hack, resulting in a theft of $25 million by an unauthorized entity that accessed its compromised API keys. On November 19, Kronos Research disclosed via a post on X (formerly Twitter) about a security incident that involved unauthorized access to...
Kronos Research Loses $26 Million in Unauthorized API Access Incident
20.11.2023
According to Kronos Research, the crypto trading firm lost assets worth $26 million on Nov. 18 after an unknown party illegally accessed its application programming interface (API). Kronos Research claimed the losses associated with the unauthorized API access do not constitute “a...
Report: Jump Trading Cuts Ties With Wormhole Amid Staff Reductions
19.11.2023
Based on a recent report, Jump Trading Group, known for its focus on algorithmic and high-frequency trading techniques, has reportedly severed ties with the Wormhole crypto initiative, known for its cross-chain communication services. Last year saw Wormhole suffer a significant loss of 120,000...
Canada flags concern on AI-generated deepfake disinformation campaigns
17.11.2023
The Canadian agency also noted privacy violations, social manipulation and bias among the concerns that AI raises
BlackRock files S1 form for spot Ether ETF with SEC
16.11.2023
The world's largest asset manager filed the S1 form with the US SEC a week after registering iShares Ethereum Trust with the Delaware Department of State Division of Corporations
Solana hoses down ‘inaccurate’ CertiK report on Saga phone security flaws
16.11.2023
CertiK claims Solana’s Saga smartphone contains a critical “bootloader vulnerability” — Solana Labs says the claims are entirely inaccurate
Ledger and FVCKRENDER Launch Limited-Edition Nano X, More Collabs Coming
15.11.2023
Source: Ledger and FVCKRENDER Hardware wallet giant Ledger has joined hands with the popular tech-digital artist FVCKRENDER to launch a limited-edition bundle. The bundle, says the press release, “redefines the intersection of premium style and security in the realm of digital assets.” We made...