Hacks

Update on Ripple Hack: The Fate of Stolen XRP Tokens Revealed

Cino GaperiFeb 2, 20242 min read

Binance Freezes Stolen Funds In a recent tweet, Binance announced that it successfully froze $4.2 million worth of XRP tokens, aiding in the recovery effort following…

2023 Crypto Hacking Dynamics Raise Concerns as Losses Approach $2 Billion, Warns Hacken

Noah RyptonFeb 1, 20243 min read

The Alarming Reality of Crypto Hacks in 2023 According to a report by Hacken, almost half of the crypto hacks in 2023 occurred due to access…

Crypto Draining Kits Raise Concerns Among Singapore Authorities

Wyatt NewsonFeb 1, 20242 min read

Singapore Authorities Warn of Cryptocurrency Draining Kits Singapore police authority and the Cyber Security Agency of Singapore have expressed concerns about the increasing use of cryptocurrency…

Protecting Users from Hacks: The Bitcoin DeFi Exchange That Offers Security Measures

Demian CrypterJan 31, 20243 min read

A Bitcoin-Based Decentralized Exchange (DEX) Aims to Solve Bridge Vulnerabilities A San Francisco-based startup called Portal has recently secured $34 million in seed funding to support…

Ripple Co-founder Loses More Than $112 Million Worth of XRP in Hacking Incident

Wyatt NewsonJan 31, 20242 min read

Larsen’s Personal XRP Accounts Hacked Ripple executive chairman and co-founder Chris Larsen took to social media to address reports of the payment protocol being hacked. He…

Ripple’s Co-Founder Affirms $113 Million Theft, XRP Experiences 5% Decline

Noah RyptonJan 31, 20243 min read

XRP Tokens Worth $112.5 Million Moved to Exchanges in Possible Ripple Hack On-chain sleuth ZachXBT discovered that approximately 213 million XRP tokens, valued at around $112.5…

Quantstamp Reports $38.9 Million Loss to Malicious Entities in Web3’s Initial Month of 2024

Wyatt NewsonJan 31, 20242 min read

Bad Actors Steal $38.9 Million from Web3 Projects in January 2024 A recent report from Quantstamp reveals that bad actors have managed to steal $38.9 million…

Unauthorized Access to Personal XRP Accounts Reported by Ripple Co-Founder

Theon BarrettJan 31, 20242 min read

XRP Accounts Compromised in Unauthorized Access Recent reports suggest that several personal XRP accounts, not affiliated with Ripple, were subject to unauthorized access. Ripple co-founder Chris…

Crypto News: Web3 Suffers $127 Million Loss to Hackers in January 2024

Wyatt NewsonJan 31, 20243 min read

Web3 Lost $127M to Hackers in January 2024; Up 5.9x YoY In January 2024, hackers and fraudsters managed to steal $126,782,617 across 19 incidents in the…

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