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Tag: CertiK

April 2025 Crypto Security Issues

Research suggests April 2025 saw over $364 million lost to crypto exploits, hacks, and scams, per CertiK. Net losses were around $345 million, with $18.2 million recovered, mainly by whitehat hackers. Major incidents like KiloEx ($7.5M), Loopscale ($5.8M), zkSync ($5M), and a $330M phishing attack. The crypto industry faces ongoing security challenges, highlighting the need for better measures and user education. April...

CertiK, Cryptocurrencies, Front page, KiloEx, Loopscale, News, zkSync

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Blockchain Security Firm CertiK Returns $3 Million to Kraken After Exploiting Vulnerability

CertiK exploited a critical vulnerability in Kraken’s system, withdrawing nearly $3 million in digital assets. Kraken accused CertiK of extortion for withholding the return of the funds until Kraken agreed to a payment. CertiK claimed Kraken threatened their employees and failed to provide repayment addresses. The incident highlights the importance of responsible disclosure practices in the crypto security sector. ...

CertiK, Cryptocurrencies, Front page, Kraken, News

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