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Tag: Hacks

Truebit Protocol Hit by .6M Exploit, TRU Token Crashes 99.9%

Truebit Protocol Hit by $26.6M Exploit, TRU Token Crashes 99.9%

Truebit exploit drains $26.6 million in ETH: An attacker exploited a flaw in a five-year-old smart contract to mint and sell TRU tokens, extracting funds from reserves. TRU token value obliterated: The native token fell from approximately $0.16 to near zero, losing 99.9% of its value amid liquidity evaporation. Protocol response underway: Truebit is coordinating with law enforcement and has warned users against interacting with the...

Cryptocurrencies, Front page, Hacks, News

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Trust Wallet Chrome Extension compromised in Major Breach

Trust Wallet Chrome Extension Compromised in Major Breach, Leading to $7M in User Losses

Security Breach Confirmed: Trust Wallet identified a vulnerability in its Chrome browser extension v2.68, affecting desktop users and resulting in approximately $7 million in stolen funds. Reimbursements Promised: The company has committed to fully refunding all impacted users, prioritizing support and security enhancements. Update Urged: Users are advised to disable the affected version and update to v2.69 via the official Chrome...

Cryptocurrencies, Front page, Hacks, News

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BingX Exchange Hack: $43 Million Cybersecurity Breach

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...

Blockchain, Front page, Hacks, News

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Major Crypto Hacks in 2023

Major Crypto Hacks in 2023

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”

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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