• security

Crypto Platform Coin Zx Associates Arrested in Mumbai for Cheating Investors

Mumbai police investigate Coin ZX for a $23 million scam involving false cryptocurrency investments, disrupting victims nationwide and linking to broader issues of crypto fraud in India.

• security

Bybit hack raises fear of criminal prosecution for negligent crypto leaders

Bybit's $1.4 billion hack reveals ongoing struggles in crypto security, leading services to combat money laundering and compliance with regulations amid allegations of hacker association with North Korea.

• security

Bybit attack shows ‘fundamental’ need for institutional-grade security: Ledger

Bybit's significant hack raises concerns about security measures in the cryptocurrency industry, urging a shift toward enterprise-grade security solutions to combat evolving threats from attackers.

• security

Payments Card Issuer Infini Offers Reward for Return of Funds After $49 Million Exploit

Infini suffered a $49.5 million hack due to retained admin rights in its smart contract, offering the hacker a 20% reward for returning funds while promising to cover losses personally.

• security

Bybit hacker swaps $3.64M to DAI via decentralized exchanges

• security

Bybit Hacker Uses THORChain to Move Stolen Funds and Evade Crypto Freezing Efforts

The Bybit hacker refines laundering methods using THORChain and OKX DEX, converting stolen assets into non-freezable DAI while exploiting decentralized platforms, posing challenges for security teams.

• security

What we know about the $49.5 million Infini exploit so far

Infini neobank suffered a $49.5 million hack exploiting smart contract vulnerabilities, highlighting security issues in DeFi and leading to promises of full compensation from the founder.

• security

Ex-Binance CEO CZ Shares 3 Key Steps to Securing Your Crypto

CZ shares updated crypto security tips emphasizing the importance of preventing theft, avoiding personal loss, and ensuring access for loved ones, amidst recent high-profile hacks.

• security

As the Market is Rocked by the Bybit Incident, Justin Sun Invites Users Holding Large Amounts of USDT to the Network! Here's Why

Justin Sun advocates for using Tron's cold multi-sig solution for secure USDT storage, highlighting advantages over Ethereum in transparency, security, and risk mitigation.

• security

Bybit Applauds as Pump.fun Blocks Sketchy Memecoins Tied to Hackers

Bybit praises Lily Liu and Pump.fun for blocking funds linked to hackers, highlights industry's support in overcoming theft, and details steps taken towards financial recovery.