Hack
A Crypto Project's Weird Marketing 'Hack' Riffed on Infamous 1987 Chicago TV Hijacking
Remember the Max Headroom incident? NEAR seems to.
Crypto Saw Lowest Monthly Losses to Hacks in August YTD: Immunefi
Data from Immunefi shows there was a total loss of $15 million due to hacks last month, marking the lowest monthly losses year-to-date. In total, there was a loss of more than $1.2 billion to hacks and frauds this year, representing a 16% increase when compared to the same period last year. These losses were primarily driven by over $358 million lost in May and $274 million lost in July. CoinDesk's Jennifer Sanasie presents the "Chart of the Day."
Trump Family Members Hacked to Promote Apparent Crypto Scam
The incident comes hours after CoinDesk revealed details of the crypto project the Trump family has recently touted.
DeFi Protocol Penpie Exploited for $27M of Crypto Assets; PNP Token Craters 40%
Crypto users lost some $2 billion due to hacks, scams and exploits throughout 2023, one report said.
Extremely Unlikely WazirX Customers Will Be Made Whole in Crypto Terms: Legal Advisers
WazirX co-founder Nischal Shetty said the numbers are as of today and the objective is to reduce the gap through various efforts.
WazirX Asks Singapore Court for 6 Months to Restructure Liabilities as CoinSwitch Weighs Legal Action
Indian rival CoinSwitch said it is likely to sue the hacked crypto exchange, where $9.6 million worth of deposits were held.
80% of Tokens Suffer Losses for at Least 6 Months After a Hack: Immunefi
According to Immunefi, 80% of token prices suffer negative price impact for at least 6 months after a hack. In its latest report, the team reviewed a sample of 176 hacking incidents between 2021 and 2023 and discovered that the market impact of a hack persists and intensifies over time, continuing for at least 6 months after the incident. CoinDesk's Jennifer Sanasie presents the "Chart of the Day."
Wallet Linked to Nomad Bridge Hack Transfers $36M of Ether to Tornado Cash
The address was funded on Monday, three days before the transfers were made.
Blockchain Protocol Nexera Suffers $1.8M Exploit, NXRA Tumbles 40%
The hacker is linked to a string of recent exploits.
Post WazirX Hack, India's CoinDCX Starts Investor Protection Fund With $6M
The decision comes in the wake of the $230 million hack on crypto exchange WazirX last month.
