Cryptocurrency News
It is evident that the Defi industry remains in the very early stages of development. Following a recent attack affecting dForce, the overall sentiment toward this industry may not necessarily change. There are many different options to explore in the world of decentralized finance, or DeFi. Latest DeFi Hack Raises […]
The IOTA network remains in an awkward state after the recent security incident. Despite seemingly finding the flaw, the network still hasn’t moved all that much. It is important to nip any security threat in the bud as quickly as possible. The IOTA Network Issues Remain in Place In the […]
Centralized cryptocurrency exchanges are a growing problem in the industry. Especially when they either disappear for a while without warning or suspend withdrawals out of the blue. In the case of ACX, an Australian exchange, customers are genuinely concerned. ACX Is Auditing Internal Funds That is only normal, as no […]
Data breaches are almost a daily occurrence in this modern day and age. Even the UN falls victims to such hacks, albeit they don’t always inform the victims right away. During the summer of 2019, the UN fell victim to a large-scale hacking attempt. Major UN Hack Raises Numerous Questions […]
Data breaches have become a very common occurrence. The latest development in this space exposes personal information of over 30,000 cannabis users across the US. It is only the latest data breach in a growing list. A Serious Problem for American Cannabis Users Customers from multiple US marijuana dispensaries are […]
Over the past 11 years, numerous cryptocurrency exchanges have been hacked. The total amount of funds stolen because of these incidents has become astronomical. Even in 2019, that trend is not slowing down. VinDAX, a Vietnamese trading platform, has fallen victim to a cyber attack. VinDAX Confirms the Theft of […]
Any cryptocurrency network and its underpinning code are subject to malicious intervention. This is especially true when it comes to smart contracts. Numerous projects offer this functionality, which exposes all of them to potential hacks and theft. For one EOS-based gambling dApp, a recent exploit cost them over 30,000 EOS […]
For quite some time now, there have been persistent rumors regarding Tor being deanonymized. Although it is a known fact the NSA is capable of doing so, albeit it remains to be seen if they will explore that option. Russia’s FSB, however, is effectively working on such a project with […]
The year 2019 will not go down in the cryptocurrency history books as the most secure year for trading platforms. Numerous companies have already been hacked this year, and it now seems BitPoint can be added to this growing list. The Japanese trading platform has been compromised and funds have […]
While the cryptocurrency prices are swinging in all directions these days, some things will never change in this industry. Exchanges are still being targeted by hackers and criminals, with some efforts being more successful than others. Bitrue, the trading platform, has lost several million in ADA and XRP this week. […]
There is never a shortage of controversy in the cryptocurrency world. Following its hack earlier this year, there have been a lot of questions regarding Cryptopia and how things would move on from there. So far, it seems little to no real progress has been made, and things are even […]
After confirming a hack back in January where the New Zealand based exchange lost over 9% of its holdings, Cryptopia has once again shut down its services after an 8 hour downtime this time for good. Visiting the official Cryptopia website, users are greeted with the following message: “David Ruscoe […]
Even though the year 2019 has been off to a good start price-wise, there have already been numerous incidents casting a dark shadow over this industry. The number of exchange hacks is quite worrisome already and it seems unlikely there won’t be further incidents. The following trading platforms have all […]
It appears a major breakthrough has occurred regarding one of the most recent cryptocurrency-related hacks. A Japanese teenager has been arrested for stealing over $1250,000 in cryptocurrency. During his attack, he exploited the Monappy social media network and the web-based Monacoin wallet in 2018. It is good to see this […]
The cryptocurrency industry is still reeling from the recent Cryptopia debacle. When the exchanges confirmed someone stole funds, there was a lot of public outrage. Several weeks later, the investigation is still ongoing and customers are waiting to access their funds. A recent update allegedly shared by the team offers […]
helphelphlpA lot of cryptocurrency users were taken aback by the recent Cryptopia hack news. Although this exchange has always been the subject of some conspiracy theories regarding mismanagement and potential issues, there is no reason to think the team pulled an exit scam. In fact, it seems the Mandala exchange […]
While top cryptocurrency exchanges and financial behemoths are racing to provide wholly compliant full service platforms, the wild west of shady exchanges continues to wreak havoc. Users of MapleChange caught the brunt of the chaos today, as all signs point to a complete loss of funds. Earlier today, MapleChange tweeted […]
2018 has been quite interesting for cryptocurrency exchanges. A lot of companies saw a new influx of additional customers, whereas other platforms fell victim to severe hacks. Zaif, the most recently hacked major trading platform, is now suspending the registration of new user accounts. Zaif Shuts the Door on New […]