Blockchain security firms SlowMist and CertiK also believe the crypto wallet drainer, Angel Drainer, was involved in the estimated $238,000 exploit.
A computer hacker is any skilled computer expert that uses their technical knowledge to overcome a problem. While "hacker" technically has a neutral connotation, the term was changed by popular culture, which defines a hacker as someone with technical knowledge who uses bugs or exploits to break into computer systems.
The recent outburst of interest in cryptocurrencies triggered some hackers to begin looking through different crypto exchange services. The latest news on hackers show that no one is protected from their interventions. There were already several cases of exchanges hacks. For example, in January 2018 cryptocurrency exchange service Coincheck was hacked and approximately 500 million NEM tokens were removed from exchange, amounting about $385 million stolen. Although Coincheck was capable to compensate all users with its own capital, there is no confidence that bigger incidents won’t take place.
CoinEx has rebuilt its wallet system following a $70 million hack and is set to resume deposits and withdrawals for select cryptocurrencies.2382
The platform notified its community on Sept. 19 at 11:49 pm UTC, urging users not to interact with the Balancer protocol until further notice.4663
CoinEx confirms that compromised private keys gave hackers access to hot wallets, leading to a $70 million hack.4577
The Lazarus Group has mastered the art of stealing crypto investors’ assets. Here are a few tips on how investors can protect their portfolios.12261
Mark Cuban confirmed that he was hacked but doesn’t know precisely how.65599
Crypto bad actors from the Democratic People’s Republic of Korea have stolen $340.4 million in 2023, down from $1.7 billion from the prior year, but that’s no reason to feel at ease.3343
The Remitano exchange experienced suspicious transactions, as over $2.7 million was drained from its wallet by a single account.4618
Google will allow NFT game advertisements that do not have any gambling or gambling services included within the games.10889
A multimillion-dollar security breach involving a third-party vendor hastened Ripple’s acquisition of Fortress Trust on Sept. 8.2215
Security firm SlowMist estimated that at least $55 million in digital assets were taken by the CoinEx hackers.3348
A CoinEx hot wallet transferred $27 million of various tokens to a wallet with no previous history in what the exchange’s team has referred to as “anomalous withdrawals."9112
A total of $4.8 million in funds have now been moved by the hacker to Bitcoin and now Avalanche.5223
The “fake deposit” attack enables bad actors to execute a transfer where the requested value is larger than what the user actually owns.7986
Following the breach of Ethereum co-founder Vitalik Buterin’s X (formerly Twitter) account, victims allegedly suffered losses exceeding $691,000 due to a malicious link falsely promoting a free NFT.29638