August sees 215% rise in crypto phishing, $55M lost in single attack
The majority of the stolen funds is accounted for a major phishing incident that cost an unfortunate user $55 million.
Auto Added by WPeMatico
The majority of the stolen funds is accounted for a major phishing incident that cost an unfortunate user $55 million.
The crypto security team is preparing to launch a battleground for hackers and crypto protocols at the DeFi Security Summit at Devcon in November.
Cryptocurrency hackers have been returning to their roots to targeting centralized exchanges amid a spike in the Bitcoin price in 2024.
The crypto industry could gain significant mainstream attention following Trump’s eldest son’s plans to launch a bank-rivalling DeFi platform.
The scam starts with a small payment of Tether (USDT) to the user.
WazirX, one of the largest crypto exchanges in India, lost $235 million to a multisig wallet security breach in July 2024.
Nexera’s token contract has been paused and the team advises crypto investors to stop trading the NXRA token.
If the exploit occurred due to a white hat hacker, the funds could soon be returned to the blockchain.
Hackers exploit the market crash, using stolen funds from the 2022 Nomad bridge hack to purchase 16,892 ETH at a significant discount.
Heather Morgan, aka Razzlekhan, has been spotted in several Bitcoin events, the latest at the Bitcoin Conference 2024.
