Cryptocurrency Hacks in February 2023
Cybersecurity experts from PeckShield have reported that a whopping $35.5 million worth of cryptocurrencies were stolen in February. The largest number of successful hacks, a total of 141, occurred on February 11th. As per the analysis, the biggest amount that hackers could steal from one project ...
Ex-Technical Director of Bankrupt FTX Pleads Guilty to Criminal Offenses and Will Cooperate with Investigation
"Former FTX Technical Director Pleads Guilty to Criminal Charges and Agrees to Cooperate with Authorities" Nishad Singh, an ex-technical director of the bankrupt cryptocurrency exchange FTX, has officially pleaded guilt ...
Binance Responds to Forbes Article on Misappropriation of Customer Collateral
Binance has issued a response to an article published by Forbes, which alleged that the exchange had misappropriated $1.8 billion of customer collateral. “When you are the world’s largest crypto exchange in a virtually unregulated market, you can change the rules of the game as you see ...
Technical Analysis Predicts a Bullish Breakout for STEPN (GMT) Token
The current market situation of the STEPN (GMT) rate is being analyzed as it is trading within a short-term channel. The market analysts are predicting a positive move in the price as it is expected to break out of the current pattern in a bullish manner. In the last year, the STEPN (GMT) applica ...
MyAlgo Wallet Urges Users to Withdraw Funds After $9.2 Million Hack
The creators of the MyAlgo cryptocurrency wallet on the Algorand network have urged their users to withdraw all of their funds following a possible security breach. It was reported that hackers were able to steal assets worth a staggering $9.2 million, and despite efforts to identify and eliminat ...
Crypto Market Forecast for March 2023: Ripple’s Volatility, Ethereum’s Pressure on BTC, and Stacks’ Rapid Growth Trend
In March, the crypto market may experience volatility with Ripple's (XRP) rate, while Ethereum (ETH) may strengthen against Bitcoin. Additionally, Stacks (STX) are predicted to continue their rapid growth trend. The crypto market had a bullish February 2023, and the upcoming month of March may fo ...
French Police Arrest Two Suspects Connected to Platypus Protocol Hack
French law enforcement officials have reported the apprehension of two suspects in relation to the Platypus protocol hack. The detainees were found in possession of approximately 210,000 euros worth of crypto assets. It is believed that the hackers siphoned off approximately 9 million euros from ...
Investor robbed and forced to transfer $284k in BTC on Bali island
Yuri Boytsov, an investor who has been residing on Bali island for several months, has reported a harrowing incident of robbery at his villa. Boytsov was held up by four assailants, one of whom was dressed as a police officer, while the other two were Caucasian men and the fourth was wearing a balac ...
Oasis Recovers $140 Million Stolen in Wormhole Attack with Help of White Hat Hackers
Oasis, a decentralized platform, announced that it had successfully retrieved a substantial amount of funds that were stolen by hackers during the Wormhole gateway breach, thanks to the efforts of white hat hackers. The Wormhole Bridge served as a crucial link between Solana network and other popula ...
Phoenix Community Capital Faces Backlash for Failing to Return Money to Investors
Phoenix Community Capital, a renowned cryptocurrency investment venture associated with prominent personalities in politics and media in the UK, has recently ceased returning investments to its clients. The project's market capitalization was valued at approximately $800 million when it was intro ...
