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Bitfinex CTO: Keeping Crypto Safe with State-of-the-Art Cyber Security

Bitfinex CTO: Keeping Crypto Safe with State-of-the-Art Cyber Security

Paolo Ardoino, the CTO of Bitfinex and Tether tells us why safety and security should always be a top priority for crypto exchanges.

$46 million in ill-gotten crypto on the move again

$46 million in ill-gotten crypto on the move again

The Wormhole hacker transferred another $46 million to MakerDAO to take advantage of arbitrage profits.

Hackers exploit Raydium protocol, sending $2.7 million

Hackers exploit Raydium protocol, sending $2.7 million

Tornado Cash received 1,774.5 Ether (ETH) from the Raydium protocol exploiter. The Solana-based DeFi protocol was attacked on December 16, 2022. Hackers are being fought by exchange security personnel.

OneKey Addresses Vulnerability That Allowed Hardware Wallet to be Hacked

OneKey Addresses Vulnerability That Allowed Hardware Wallet to be Hacked

White hat hackers identified weaknesses in crypto wallet OneKey's software earlier this year that allowed them to hack a hardware wallet in one second, however OneKey corrected the problem and no one was affected.

Oasis.app and Jump Crypto Retrieve $225 Million in Crypto

Oasis.app and Jump Crypto Retrieve $225 Million in Crypto

The hacker's vaults show that Oasis sent 120,695 wstETH and 3,213 rETH to Jump Crypto on February 21.

Crypto Hacks and Scams on the Rise

Crypto Hacks and Scams on the Rise

Over $103 million was lost to crypto exploits, scams, and hacks in April, with the total loss for the year reaching $429.7 million. Major hacks included Bitrue exchange and South Korean GDAC exchange, and flash loan attacks took around $20 million. Exit scams saw a loss of $9.4 million.

Jump Crypto Recovers $140 Million Worth of Tokens from Wormhole Hack

Jump Crypto Recovers $140 Million Worth of Tokens from Wormhole Hack

Jump Crypto and Oasis recover $140m from Wormhole hack, showcasing importance of collaboration and innovation in fighting crypto hacks.

FBI seizes $100,000 in cryptocurrency and NFTs

FBI seizes $100,000 in cryptocurrency and NFTs

The FBI confiscated the property in October 2022 for violating "federal law," with the NFTs valued over $100,000.

MetaMask Warns Investors Against Phishing Attempts by Scammers

MetaMask Warns Investors Against Phishing Attempts by Scammers

MetaMask informed customers that it never emails account data or collects KYC information.

Crypto Industry Continues to Experience Hacks and Exploits: Can Increased Security Measures Help?

Crypto Industry Continues to Experience Hacks and Exploits: Can Increased Security Measures Help?

Despite recent recoveries, $4bn was lost to hacks, fraud, and scams in 2022. Increased security measures, such as DeFi and multi-signature wallets, can help.

Hackers exploit Raydium protocol, send $2.7 million

Hackers exploit Raydium protocol, send $2.7 million

The Raydium protocol exploiter transmitted 1,774.5 ETH to Tornado Cash, a sanctioned cryptocurrency mixer. On December 16, 2022, the Solana-based DeFi protocol was attacked. Exchange security staff are fighting hackers.

The January figures are 92.7% lower than the $121.4 million

The January figures are 92.7% lower than the $121.4 million

In January, crypto attacks cost PeckShield $8.8 million, compared to $121 million last year.

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