Category: Hacks
CryptoCurrency Hacks
India-Based Crypto Exchange Suffers $235M Hack Attack
WazirX is a cryptocurrency exchange operating out of India however the platform recently underwent a hack attack. The hackers targeted a multisig wallet associated with…
FTC Warns Crypto Investors of Increasing Crypto Romance Scams
FTC has issued a warning to inform cryptocurrency investors about the sudden rise in romance scams. The notification posited that cryptocurrency investors should learn about…
What is a Crypto Exit Scam and How Does It Work?
What is an Exit Scam? An exit scam is a type of financial fraud where a project or firm opts to steal the money collected…
What is a Crypto Malware and How Does It Work?
What is a Crypto Malware? Malware is a type of computer virus that can affect the performance of an operating system in different ways. Cryptocurrency…
What are Sniper Bots and How to Avoid Token Sniping Scams?
What are Sniper Bots? Sniper bots are programs that have the ability to perform specified functions at regular intervals in an automated manner. These functions…
All You Need To Know About Ransomware
What is Ransomware? Ransomware is a type of computer virus or malicious software that hijacks the personal information of a user. This virus breaches an…
Atomic Wallet’s Shibarium Layer-2 Integration Sparks Dispute: Here’s Why
Outrage Over Atomic Wallet’s Shibarium L2 Integration Integrating Shiba Inu’s Layer-2 solution, Shibarium, into Atomic Wallet has triggered outrage among victims of the $35 million…
What is Two Factor Authentication (2FA) and How Does It Work?
Introduction to Two Factor Authentication (2FA) In the 90s, the most screen time people could spend was in front of their televisions or personal computers….
Binance CEO Deploys Security Team To Help Recover Stolen HTX Assets
A few weeks after the crypto exchange Huobi’s rebranding to HTX, the platform was hacked, resulting in a loss of $8 million. Reacting to the…
What is a Crypto Phishing Attack and How to Avoid It?
Introduction Cryptocurrencies have eliminated the risk of physical robbery. However, crypto exists in the digital realm where it is exposed to various types of cyber…
Hackers Return Over 70% Of Stolen Curve Finance Funds
There are new developments regarding Curve Finance’s hacker exploits. Reports indicate that the hackers had returned approximately 73% of the stolen Curve Finance tokens, about…
What is Market Manipulation and How Does It Work in Crypto Markets?
Introduction Crypto trading requires practical experience much like any other investment market. Even professionally trained investors take their time to take up the practical experience…
Australia’s Treasury Department Fears Crypto Debanking Could Cripple Industry
The Australian crypto ecosystem has been in the news in recent weeks following the growing trend of traditional banks cutting their services to the industry….
Understanding Crypto Asset Segregation And Management
Crypto asset management is managing and enhancing investments involving crypto assets. This practice employs various innovative techniques to boost profits while mitigating potential risks. At…
Dormant Ethereum Wallet Becomes Active After 8 Years
After lying dormant for eight long years, an Ether wallet that remained inactive since 2015 has surprisingly sprung to life. In a whirlwind of activity,…
US Department Of Justice Double Down On DeFi Attackers – Report
The crypto cop at the United States Department of Justice (DoJ) is intensifying efforts to combat hackers and exploiters within the Decentralized Finance (DeFi) space….
What is Double Spending and How to Prevent It?
Do you know what “double spending” means when it comes to crypto? Have you pondered how it works and the means of protection against it?…
Centralized And Decentralized Crypto Exchanges: What Are They?
While several cryptocurrency exchanges exist, centralized exchanges are the most popular among regular users. This is because they are the primary platform for purchasing cryptocurrencies,…
What is a 51% Attack? A Beginner’s Guide
Anyone who has been involved with cryptocurrency for any length of time has probably been worried about the safety of their holdings. This guide will…
KuCoin Plans to Refund Victims of $22000 Twitter Exploit
On April 24, bad actors launched a fake activity on the crypto exchange KuCoin Twitter account. The KuCoin management reported that the hacking activity took…
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