hot wallet
Upbit Exchange Hacked For 50 Million Dollars in Ethereum
CEO of Upbit, wrote a report explaining the reasons why deposits and withdrawals were not functional on the exchange at the moment, noting that a shocking total of 342,000 ETH were stolen from the Upbit Ethereum Hot Wallet.
Alphapo Hot Wallets Drained of Over $23M in BTC, ETH and TRON
Alphapo, a payment processor for various gambling services, reported a breach of their hot wallets today, July 23, 2023. The breach resulted in a loss of over $23 million in Ethereum (ETH), TRON (TRX), and Bitcoin (BTC) cryptocurrencies.
At Least $150M Stolen by Hackers: BitMart CEO Confirms; While Security Firm Estimates More
BitMart experienced a large-scale security breach in which hackers were able to withdraw assets valued at up to approximately $150m, according to the cryptocurrency trading platform's CEO.
Hacking Attempts on Upbit Surge to 159,061 in First Half of 2023
Hacking attempts on South Korea's largest cryptocurrency exchange, Upbit, have surged to 159,061 in the first half of 2023, according to data submitted to the National Assembly. The figure represents a 2.17-fold increase compared to the same period last year. Lawmaker Park Sung-jung criticizes the ambiguous role of the Ministry of Science and Technology in regulating the exchange.
Losing Access to your Crypto Wallet: Dangers and How to Not Lose your Funds?
Dmytro Volkov is the CTO at CEX.IO. He optimized the technology and processes at the exchange, as well as the trading and analytics systems and integrations with external systems. Created the CEX.IO Broker platform to trade derivatives. Also, he has over 15 years’ work experience in IT, including over 10 years in the financial market, and is an author of trainings on financial and tech topics.
Hacked Crypto Exchange KuCoin Back In Business With Crypto Deposit and Withdrawals
Following the hack of its platform resulting in a reported loss of over $150 million, KuCoin exchange is back in business after completing some wallet upgrades
FunFair’s New Crypto Wallet Intended for Blockchain Mass Adoption
FunFair, a decentralized gaming platform has developed a new non-custodial crypto wallet, intended for propelling blockchain mass adoption.
IOTA’s Next Generation Wallet—Firefly: What New Features to Expect
Firefly, the new wallet comes with a range of improvements that will transform IOTA into an enterprise-ready protocol.
Cryptocurrency wallet Lumi launches new payment method Apple Pay
Multi-currency crypto wallet Lumi, which enables the purchase, exchange & storing of digital assets, has added Apple Pay as an available payment method.
Maiar Wallet Makes Sending Money as Easy as Sending a Text
Maiar Wallet, a decentralized, non-custodial, low fee, multi-currency digital wallet built on the Elrond blockchain to empower everyday users.
Traditional Financial Giant Lloyd's of London Introduces Cryptocurrency Insurance for Hot Wallets
Insurance giant Lloyd’s has launched a new insurance product to protect digital asset holders against the rising threat of cybercrime in the crypto market.
Binance Freezes Withdrawals and Suspends Core Services As Crypto Market Runs Hot
As the cryptocurrency market reaches all time high retail interest, exchange giant Binance has announced a temporary suspension of services for maintenance on its platform.
Congress Members “Express Concern” Over Treasury’s Potential Crypto Wallet Regulations
Four members of Congress have expressed concerns in a letter to the US Treasury Secretary Steven Mnuchin, over their rumored self-hosted crypto wallet regulation ban.
Malaysian Authorities to Extend Crypto Regulations to Wallet Providers
The Malaysian Securities Commission plans to extend crypto regulations to wallet providers in the country owing to their importance in the cryptocurrency ecosystem.
LINE Messaging App Launches Digital Asset Wallet and Blockchain Platform to Run Dapps and Tokens
LINE communications app recently launched a new blockchain digital wallet that can be used to manage various crypto assets.