Infini Suffers $49M Exploit in Stablecoin Heist.
CertiK detected the Infini hack, revealing a rogue ex-developer used Tornado Cash for funding before exploiting retained admin rights. Stablecoin Bank Infini has suffered a security breach that resulted in…
Russia’s Power Grid Hit by Unauthorized Crypto Mining, Losing Over 1.3 Billion Rubles.
Rosseti’s North Caucasus grid lost over 600 million rubles to illegal crypto mining. Rosseti Group, Russia’s power grid company, reported losses exceeding 1.3 billion rubles – which is worth around…
Over $5.5 Billion Stolen in Pig Butchering Scams.
A Cyvers study reveals that Pig Butchering scams now target younger victims, with those aged 30-49 making up most cases. A disturbing trend emerges in the demographic profile of pig…
Ethereum Bounces Back as Bybit ‘Closes Gap’ on Hack Losses.
Ethereum prices have shown signs of recovering as Bybit buys back enough ETH to cover its losses. Ethereum prices displayed resilience over the weekend, rapidly bouncing back from a slump…
Bitcoin Holds Near $96K as Key Indicators Signal Potential Volatility.
Bitcoin (BTC) is currently trading at $95,895, down 0.93% in 24 hours.U.S. states like South Dakota and Utah show increasing Bitcoin adoption. Bitcoin (BTC) is currently trading at $95,895.79, marking…
Beware of this latest PayPal Scam Perpetuated By Scammers.
A sophisticated phishing campaign targeting PayPal users has emerged, leveraging the platform’s own email system to bypass conventional security measures. Unlike traditional scams reliant on forged sender addresses or poorly…
Payroll Fraud at Bybit: Employee Siphoned $5.7M Using Fake Transactions.
A payroll staffer at WeChain Fintech stole $5.7 million from Bybit by faking salary payments and transferring cryptocurrency into personal wallets. Ho Kai Xin, a former payroll processing staff member…
Explained: Track Bybit Ethereum Tokens Movement Post Hack Here
Recently, hackers allegedly stole more than 0.4 million Ethereum (ETH) tokens amounting to a massive $1.5 Billion from one of the cold wallets of Bybit, a popular cryptocurrency exchange. Despite…
Kanye West Says, “Time to Launch My Own Blockchain”
Kanye West is making waves again, this time focusing on cryptocurrency. The rap icon and entrepreneur has announced plans to launch his blockchain, signaling his ambition to build a digital…
Will the Bybit Hack Trigger Uncertainty in Ethereum Price Movement?
The Bybit hack, now the largest crypto breach in history, has sent shockwaves through the market. As the stolen ETH’s are moved and liquidated, Ethereum’s price has tumbled by more…