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Tag: Hacks

BingX Exchange Hack: $43 Million Cybersecurity Breach

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BingX loses $43 million in a significant security breach. Hackers target hot wallets, converting assets to Ethereum and BNB. BingX promises full user compensation from its own capital reserves. The hack is part of a trend of increasing attacks on crypto platforms this week. The Incident Unveiled BingX, a Singapore-based cryptocurrency exchange known for its global user base exceeding 10 million, fell victim to a sophisticated...

BingX, Blockchain, Crypto Hacks, Front page, Hacks, News

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Major Crypto Hacks in 2023

Major Crypto Hacks in 2023

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The popularity of cryptocurrencies has led to an increase in hacking incidents. Major crypto hacks in 2023 have resulted in significant losses. Common vulnerabilities in crypto systems are often exploited by hackers. Preventive measures can help protect crypto assets from hacks. Regulatory efforts and industry responses are crucial in addressing these issues. The growing popularity of cryptocurrencies has brought with it...

Cryptocurrencies, Featured, Front page, Hacks, Main

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Keanu Reeves

Keanu Reeves: “The principles and ideas behind an independent currency are amazing”

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Keanu Reeves is not just an accomplished actor but also an advocate of cryptocurrency. In a recent interview, the Hollywood star talked about how much he liked the ideas and principles behind an independent currency and how important it was to improve its ways of keeping people safe. The Value of Crypto Reeves’ interest in cryptocurrencies goes beyond their market value. He thinks that crypto is an alternative to the traditional...

Bitcoin, Crypto adoption, Crypto regulation, Cryptocurrencies, Hacks, People in crypto

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hackers

BNB Cross-Chain Bridge Hacked

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After a short downtime Thursday night due to reports of an exploit, which proved out to be genuine, Binance’s BNB Smart Chain (BSC) went back up early Friday morning. Binance said that on Thursday, additional BNB were created on the exchange’s cross-chain bridge, BSC Token Hub, leading to a theft of at least $70 million (Cointelegraph). With a market worth of almost $46 billion, BNB is the fourth biggest digital asset. The...

$BNB, Binance, Front page, Hacks, News

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acala

Another depeg: Acala reveals 3 billion aUSD incorrectly minted

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After a setup issue in a recently created liquidity pool, Acala still tracks incorrectly generated coins as the dust settles from another decentralized financial hack. The 16 wallet addresses linked to the exploit were the subject of continuing trace reports, according to the developers. The network’s native stablecoin, Acala Dollar ($aUSD), lost its peg to the dollar on Saturday when a fault prompted the network to...

$aUSD, Front page, Hacks, News, Polkadot

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