Hacks

CoinsPaid Experiences Second Security Breach within Six Months, Uncovering Unauthorized Transactions Worth $7.5 Million

Wyatt NewsonJan 8, 20243 min read

CoinsPaid Suffers Second Security Breach The Estonian payment processor for digital assets, CoinsPaid, has experienced its second security breach in the past six months. According to…

Tron’s USDT Dominance Surges Amid DeFi Renaissance, Reveals Report

Owen PatterJan 8, 20242 min read

Stablecoin TVL on Tron Blockchain Reaches Record Highs The total value locked (TVL) of stablecoins on the Tron blockchain experienced a slight decline in the early…

Weekly Recap: Orbit Bridge Suffers $82 Million Loss in Cyberattack, Leading to Bitcoin Slump and Closure of Spot ETF Approval Opportunity

Noah RyptonJan 7, 20243 min read

Orbit Bridge Exploited, Losing $82 Million An exploit was discovered on the Orbit blockchain network’s bridge protocol, resulting in the loss of $81.5 million in various…

Detecting Scam Sniffers: $295 Million Stolen from 324,000 Crypto Users in ‘Wallet Drainers’ Scheme

Owen PatterJan 7, 20243 min read

The Rise of Wallet Drainers As phishing scams become more sophisticated, a new type of malware called “Wallet Drainers” has emerged in the crypto industry. Scam…

Weekly Crypto Roundup: Spot ETF Approval and Other Market Updates Anticipated

Cyrus DaileyJan 7, 20242 min read

Bitcoin ETFs Await SEC Decision The crypto industry is eagerly awaiting the SEC’s decision on Bitcoin ETFs. VanEck has pledged to donate 5% of its spot…

CertiK Reveals 51% Decline in Crypto Hacking Losses in 2023: The Complete Breakdown

Owen PatterJan 6, 20243 min read

Crypto Security Incidents Decline in 2023 CertiK’s latest report reveals a significant decrease in cryptocurrency security incidents in 2023. Total losses dropped to $1.84 billion across…

Blockchain Analytics Firm Reports North Korean Hackers’ Theft of $600 Million Worth of Crypto in 2023

Daisy HodleyJan 6, 20242 min read

New Report Reveals North Korean Hackers Stole $600 Million in Crypto in 2023 A recent study conducted by blockchain intelligence firm TRM Labs has uncovered that…

CEO of Polychain Capital Experiences Hacked Account, Endorses Fraudulent Airdrop

Noah RyptonJan 6, 20242 min read

Polychain Capital CEO’s Account Hacked Polychain Capital, a cryptocurrency investment firm, has confirmed that the personal Twitter account of its founder and CEO, Olaf Carlson-Wee, has…

CoinsPaid experiences another security breach resulting in the disappearance of over $7 million

Noah RyptonJan 6, 20243 min read

CoinsPaid Falls Victim to Cyberattack, Losing $7.5 Million in Cryptocurrency CoinsPaid, a crypto-payments service provider based in Estonia, experienced a cyberattack on January 5, resulting in…

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