Bitfinex and Tether Freeze $33M USDT from KuCoin Hack 14
Quick take: Bitfinex CTO, Paolo Ardoino, has notified crypto twitter of the freezing of $33M Tether related to the KuCoin hack Bitfinex has frozen $13 Million Tether (USDT) on EOS Tether has frozen $20 Million USDT on Ethereum Binance has pledged its support in the recovery efforts of funds from...
BNB Chain Resumes Operations Following The Massive $100M Exploit 16
BNB Smart Chain was recently exploited by hackers  According to Binance CEO Changpeng Zhao, hackers were able to get away with $100 million worth of funds. BNB chain has become the latest victim of an online exploit that resulted in hackers draining $100 million worth of funds. The chain has...
Bored Ape Yacht Club's Discord Encounters An Online Phishing Attack 17
The bored Ape Yacht Club NFTs Discord was briefly compromised earlier today.  The BAYC team reported that the hackers stole MAYC NFT #8662. The stolen NFT reportedly belonged to the famous Taiwanese pop star Jay Chou.  The famous Bored Ape Yacht Club NFT’s Discord was briefly compromised earlier today. The...
Coinbase Discloses Password Vulnerability Affecting 3,420 Users 18
Despite the ridicule that modern tech companies face at potentially storing passwords in plain text, despite better intentions, company-side mistakes can still lead to security vulnerabilities. On August 16th, a blog post from Coinbase detailed a bug in their internal server logs, leaving the potential to have user passwords harvested...
Crypto Giant Binance Debunks KYC FUD, Asserts it Was Not Hacked 20
Binance Not Hacked, Don’t Worry Earlier today, the crypto industry erupted into a clamor. Users on Twitter and some on Telegram were claiming that Binance, one of the world’s most powerful companies dealing with Bitcoin, was hacked for a swath of know-your-customer (KYC) data. As a result, thousands of individuals...
EtherDelta
Chinese authorities are reportedly investigating the activities of ERC-20 token exchange platform, EtherDelta. Police officials suspect that the crypto trading platform might be involved in an exit scam.  Scam Allegedly Involves Sale of EtherDelta Token The alleged scam might involve the sale of the exchange’s native crypto asset, called EtherDelta...