Hack

In an X post on Feb. 26, on-chain detective ZachXBT alarmed the crypto community about suspicious activity with the Hong Kong-based crypto exchange BitForex. According to the investigator, three BitForex hot wallets saw outflows of around $56.5 million on Feb. 23. Following that anomalous withdrawal, the company suspended withdrawals without giving a reason, ZachXBT added. […]

Somesing, a blockchain-based social karaoke platform in South Korea, fell victim to a cyberattack on Jan. 27. The platform disclosed a loss of 730 million units of its native token, equivalent to $11.58 million. The compromised amount included 504 million undistributed SSX tokens, which were planned for circulation by the end of 2025, and 226 […]

The decentralized exchange KyberSwap has offered a 10% bounty to the hacker who stole $46 million on November 22. This move comes in response to a message left on the blockchain by the hacker. KyberSwap alerted users on Nov. 23 that its liquidity solution, KyberSwap Elastic, was compromised and urged them to withdraw funds. The […]

KyberSwap, a decentralized exchange (DEX), has fallen victim to a significant exploit, resulting in the loss of approximately $46 million in various crypto assets. The incident, which raised concerns among users about the security of their assets, was reported by Kyber Network on Nov. 23. The team said the attack targeted KyberSwap Elastic, its auto […]

HTX, previously known as Huobi Global, face­d a guessed loss of $13.6 million. This was part of a massive $86.6 million e­xploit against the HECO Chain bridge. This situation impacted the large HTX, Tron, and BitTorrent systems. As stated by blockchain security experts Cyvers, the harm was caused by three breached hot wallets holding user and […]

Creditors of Mt. Gox, a now-defunct crypto exchange that ceased operations after losing 850,000 BTC in a 2014 hack, have reportedly received an email hinting at soon-to-come repayments. On November 21, Nobuaki Kobayashi – the trustee overseeing Mt. Gox’s bankruptcy proceedings – started sending out emails to rehabilitation creditors about the commencement of repayments, as […]

On Sept. 25, the lightning-fast decentralized exchange (DEX) Mixin Network revealed that hackers attacked its cloud service provider’s database on Sept. 23, causing a loss of approximately $200 million.  [Announcement] In the early morning of September 23, 2023 Hong Kong time, the database of Mixin Network's cloud service provider was attacked by hackers, resulting in […]

The New York couple, charged with attempting to launder $4.5B in stolen BTC in the 2016 Bitfinex hack, have agreed to enter a plea deal with agencies. Heather Morgan, also known as “Razzlekhan” in the hip-hop world, and her husband Ilya Lichtenstein, got arrested earlier in February 2022. The couple is accused of working together […]