Crypto Hacks Surged in August, Over $313M Lost in Multiple Attacks
The two largest incidents, both involving phishing attacks and unauthorized transfers, accounted for a staggering 93.5% of the total stolen funds, totaling $293.4 million.
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Crypto Crime Dips in 2024, But Centralized Exchanges Face Rising Thefts and Ransomware: Report
After a period of focusing on DeFi protocols, crypto criminals are targeting centralized exchanges. These exchanges, which handle significant Bitcoin transactions, are proving to be attractive targets.
WazirX Takes Legal Action, Reports $234.9M Hack to FIU and CERT-In
“We're reaching out to 500+ exchanges to block the identified addresses. Many exchanges are cooperating with us, and we are actively working with them on additional resources to aid our recovery efforts,” said WazirX.
Indian Crypto Exchange Wazirx Falls Victim to a North Korea-Linked ₹1900 Crore Hack
As per Web3 security firm Cyvers, a total of $234.9M (which is over ₹1900 crore) of WazirX’s funds have been moved to a new address. Each transaction's caller is funded by Tornado Cash.
Defi Protocol LI.FI Exploited, Over $8 Million Lost to Attack
QUICK BITE Decentralized finance (DeFi) platform LI.FI protocol has suffered an exploit leading to a series of suspicious withdrawals. Cyvers Alerts reports that over $8 million in user funds have
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