BigONE Hack Drains $27M—Raises Fresh Concerns Over Exchange Security
The cryptocurrency industry is grappling with yet another high-profile hack after BigONE confirmed a $27 million exploit on Wednesday.
Lawsuit Alleges TaskUs Mishandled Coinbase Customer Data
A May 27 lawsuit in Manhattan accuses outsourcing firm TaskUs of failing to secure Coinbase customer data after an employee allegedly leaked sensitive information to hackers.
Coinbase Stock Falls Following Cyberattack
Coinbase’s stock fell 7% on Thursday after two developments cast doubt on the company’s controls and regulatory challenges.
Ledger Regains Control of its Discord Server
Late Saturday night, Ledger users noticed a suspicious announcement on the company’s Discord server. Shortly after, Ledger confirmed it had regained control following an account compromise.
New Crocodilus Malware Targets Android Crypto Users
A newly discovered Android malware, named Crocodilus, deceives users into revealing their cryptocurrency wallet seed phrase by displaying a warning to back up the key to avoid losing access.
Hackers Stole $29M in Crypto Last Month: Report
Scams, exploits, and hacks targeting the crypto industry declined in the last months of 2021, with December seeing the lowest amount of funds stolen.
Trading Platform XT.com Loses $1.7M in Hacker Attack
XT.com, a cryptocurrency exchange with a daily trading volume of $3.4 billion, has temporarily halted withdrawals due to a suspected hack resulting in a loss of $1.7 million.
