Tagged: hack

September 10, 2025 @ 12:18 am By Omar Faridi  |  

In the fast-paced industry of software development, artificial intelligence has become a key part of the process, aiming to improve coding processes and boost productivity. However, a newly uncovered security flaw is becoming a serious concern, particularly for cryptocurrency platforms like Coinbase. Cybersecurity professionals at… Read More

September 9, 2025 @ 1:17 pm By Omar Faridi  |  

The Seoul Metropolitan Police Agency recently dismantled an international hacking ring responsible for stealing millions in cryptocurrency, leveraging advanced blockchain analytics from Chainalysis. This operation marks a critical step in combating the escalating wave of crypto-related crimes, which have surged globally in 2025, driven by… Read More

September 9, 2025 @ 9:32 am By Omar Faridi  |  

On September 8, 2025, SwissBorg, a Switzerland-based cryptocurrency wealth management platform, announced a significant security breach that resulted in the theft of approximately 193,000 Solana (SOL) tokens, valued at around $41 million. The incident, which targeted the platform’s SOL Earn program, was caused by a… Read More

September 4, 2025 @ 9:44 am By JD Alois  |  

Cloudflare, a company that operates in just about every country, serving many Fortune 500 Companies as well as many smaller firms, suffered a security breach last month, causing the tech firm to caution its customers about the potential for nefarious intrusions after the hack stole… Read More

September 3, 2025 @ 6:14 pm By Omar Faridi  |  

In a recent cyberattack, hackers recently infiltrated the systems of Sinqia S.A., the Brazilian subsidiary of fintech Evertec, in an audacious attempt to siphon off $130 million. The breach, which has sent shockwaves through the financial technology sector, underscores the growing threat of cyberattacks on… Read More

September 2, 2025 @ 7:52 pm By JD Alois  |  

Cloudflare (NYSE:NET), a leading internet infrastructure provider used by numerous prominent firms, including financial services companies, has issued a notice indicating a hack of their platform occurred between August 12 and August 17, resulting in access to customer information, including user tokens. The company said… Read More

August 29, 2025 @ 3:18 pm By Omar Faridi  |  

In a new cybersecurity incident, TransUnion (NYSE: TRU), one of the three major credit bureaus in the United States, has revealed a data breach compromising the personal information of more than 4.4 million consumers. The breach, disclosed on August 28, 2025, underscores the growing vulnerabilities in… Read More

July 19, 2025 @ 5:49 pm By Omar Faridi  |  

On July 19, 2025, CoinDCX, one of India’s cryptocurrency exchanges, suffered a significant security breach, resulting in a loss of approximately $44 million. The incident, which occurred exactly one year after a devastating $235 million hack of rival exchange WazirX, has reignited concerns about the… Read More

June 23, 2025 @ 5:11 am By Omar Faridi  |  

On June 18, 2025, Nobitex, Iran’s largest cryptocurrency exchange, fell victim to a devastating cyberattack that resulted in the loss of approximately $90 million in digital assets, with some estimates suggesting losses as high as $100 million. The breach, which targeted the exchange’s hot wallets,… Read More

May 20, 2025 @ 6:52 pm By JD Alois  |  

The US Department of Justice is investigating the recent insider hack of Coinbase (NASDAQ:COIN), according to Bloomberg. Coinbase is said to have brought the breach to the authorities’ attention, but the company itself is not under investigation. Paul Grewal, Coinbase’s Chief Legal Officer, highlighted this fact… Read More

May 16, 2025 @ 5:50 pm By Tony Zerucha  |  

Read below to see how Web3 reacted to this week’s revelation of the Coinbase (NASDAQ:COIN) hack. “The Coinbase attack proves why centralized systems keep failing – they offer no resilience against increasingly sophisticated hackers. Cybercriminals know this and are becoming more and more adept at exploiting these… Read More

May 15, 2025 @ 9:51 am By JD Alois  |  

Coinbase (NASDAQ:COIN), the only publicly traded crypto exchange in the US, is reporting it was the target of a cyber attack that saw criminals attempt to extort $20 million from the firm to make it all go away. According to a blog post, bad actors… Read More

May 12, 2025 @ 10:08 am By JD Alois  |  

The crypto sphere is lamenting another hack today, as reports are all over X that Mobius Token has been the target of a hack. Apparently, $MBU on BNB Chain was utilized to steal approximately $2.1 million as tokens were minted and quickly sold. Blockaid, a… Read More

April 21, 2025 @ 11:11 am By Omar Faridi  |  

In a recent update shared via X, Bybit CEO Ben Zhou revealed that approximately 27.59% of the $1.4 billion in cryptocurrency stolen from the exchange has become untraceable, marking a significant development in one of the largest hacks ever to hit a centralized crypto exchange…. Read More

April 20, 2025 @ 8:01 pm By Omar Faridi  |  

The Supreme Court of India dismissed a petition filed by 54 victims of the WazirX hack on April 16, 2025, seeking action against the crypto exchange and its associates. The decision underscores the persistent regulatory ambiguity surrounding cryptocurrencies in India, leaving victims of the $235… Read More

March 14, 2025 @ 9:20 am By Tony Zerucha  |  

The recent $1.4 billion Bybit hack by Lazarus Group has crypto industry figures weighing in on lessons that should be learned moving forward. SMARDEX co-founder Jean Rausis said the industry should review its hiring practices and closely consider crypto’s “remote nature.” “Most of us work… Read More

March 3, 2025 @ 10:27 am By JD Alois  |  

D24 Fintech Group Chief Technology Officer Osama Bari has outlined how crypto firms may improve security to prevent breaches on a similar scale as the ByBit hack. D24 is based in Singapore and it provides various services for financial platforms. The ByBit breach is the… Read More

February 27, 2025 @ 10:04 pm By Omar Faridi  |  

OKX and SlowMist noted in a report that on February 14, 2025, multiple users reported unauthorized access to their wallet assets. On-chain data analysis indicated that the incidents “exhibited characteristics of mnemonic phrase/private key leakage.” Further follow-ups with affected users revealed “that most of them… Read More

February 26, 2025 @ 9:20 am By Omar Faridi  |  

On Friday, February 21, 2025, the cryptocurrency ecosystem was rocked by one of the largest hacks in its history: a meticulously executed theft of nearly $1.5 billion worth of Ethereum tokens (and some other cryptocurrencies) from Bybit, a prominent crypto exchange. Although many of these… Read More

February 25, 2025 @ 7:37 am By Omar Faridi  |  

Copper noted that on Friday, 21 February 2025, the digital assets industry witnessed one of the largest centralized exchange security breaches in history, affecting Bybit. As the situation developed, Copper’s Security and Financial Risk teams closely monitored events and “took necessary precautions to protect client assets and minimize… Read More