Damage from Crypto Hacks Fell to $51M Last Month: Report
The crypto industry experienced losses of $51.61 million in October due to 23 security incidents. This represents a decrease of 85.6% compared to the previous month.
The crypto industry experienced losses of $51.61 million in October due to 23 security incidents. This represents a decrease of 85.6% compared to the previous month.
According to cybersecurity firm Hacken’s research, hackers were able to steal more than $720 million in digital currencies in the third quarter of 2023.
An employee of the company lost at least $7 million in cryptocurrency due to an exploit today.
Social token platform Stars Arena has been the victim of a security breach where all the funds in its smart contract have been exploited.
According to analysts at 21.co, North Korean hackers belonging to the Lazarus Group have a combined total of at least $47 million worth of various cryptocurrencies.
One of Mark Cuban’s cryptocurrency wallet was emptied of over $860,000 worth of tokens and NFTs after a successful phishing attack, as reported by blockchain data outlet DL News.
A US judge based in San Francisco is forcing a hacker to surrender his cryptocurrency and give up his sports car after accusing him of stealing funds from tech companies in Silicon Valley.
"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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