Search Results for "Hack"

Crypto, News

Web3 Projects Face Substantial $2.02 Billion Losses In 2023 Due To Security Breaches

The escalating risks to the security of web3 have become significant concerns for the future of this decentralized internet paradigm. Beyond the financial implications, the losses incurred from hacking attempts on web3 and smart contracts have cast doubts on the dependability of this emerging technology.  Globally, the perception of web3 […]

Press Releases

Is it Too Late to Invest in Avalanche (AVAX) and THORChain (RUNE)? Could This Token be Ideal for Your Portfolio?

TLDR Avalanche surges 9% in a week, and experts believe its uptrend will continue. THORChain spikes 7% in a week, with more growth coming before year’s end. Rebel Satoshi sees an influx of investors after promising colossal presale gains. The bullish momentum in the crypto market has seen top crypto […]

Crypto, News

Kyberswap Faces Major Setback As Security Breach Drains $46 Million In Crypto Assets

Kyberswap, a decentralized exchange operating within the Kyber Network, fell victim to a substantial security breach on November 23. The aftermath saw the loss of around $46 million in various crypto assets, impacting multiple networks, including Orbitrum, Ethereum, and Polygon. 🚨Urgent🚨 Dear KyberSwap Elastic Users,We regret to inform you that […]

Crypto, News

Everything You Need To Know About Atomic Swaps In The Cryptocurrency World

In the rapidly evolving world of cryptocurrency, a groundbreaking innovation has emerged and is bringing the entire space together as one. Atomic swaps represent a technological marvel completely changing the way in which digital assets are exchanged across different blockchain networks. Unlike traditional exchanges that require intermediaries, atomic swaps enable […]

Crypto, News

Mt. Gox Trustee Extends Repayment Deadline Amidst Ongoing Saga But There’s A Catch

The trustee responsible for handling the bankruptcy of Mt. Gox, Nobuaki Kobayashi, has recently announced a significant extension of the repayment deadline for creditors of the now-defunct cryptocurrency exchange. This move, approved by the Tokyo District Court, pushes the deadline from October 31, 2023, to October 31, 2024. Twofold Rationale […]

Crypto, News

Smart Crypto Whale’s Massive $40 Million ETH Withdrawals From Binance: What Does It Mean?

Recently, a smart whale made waves in the crypto community by withdrawing a staggering 24,548 Ethereum (ETH) tokens from the popular exchange, Binance. These withdrawals, totaling $40 million in value at the time of the transactions, have left many wondering about the implications of such substantial movements in the market. […]