FTC Settles in Trial Against Promoters of Crypto Pyramid Schemes 15
The hype surrounding crypto just keeps on growing. But as always, with increasing public attention, those looking to capitalize on the ignorant are following close behind.  Not to fear, however: government agencies are close behind. With the US and Canada’s joint Operation Cryptosweep targeting unregistered ICOs, the crypto community is...
Hacker Steals $100M From Harmony’s Horizon Bridge 17
Harmony Protocol’s Horizon Bridge has been hacked, with about $100 million stolen. The team has contacted authorities and shut down the bridge. This is not the first time that a bridge has been hacked this year, with Ronin and Wormhole both suffering very expensive hacks. Harmony Protocol’s Horizon bridge has...
Hackers
Crypto-related companies in China are being targeted by an espionage operator during various government-backed campaigns, according to a recently published FireEye Threat Intelligence report. The intelligence firm has determined with “high confidence” that a group of hackers known as APT41 is working cooperatively with the Chinese government. Previously, APT41 members...
Hacktivist Group Anonymous Pledges To Expose Do Kwon 19
Anonymous has uploaded a new video that targets Terra Form labs founder Do Kwon Anonymous group has pledged to expose Do Kwon’s crimes and bring him to justice as soon as possible.  Popular hacktivist group Anonymous is back again and has uploaded a new video that pledges to expose Do...
KuCoin CEO: We've Identified Suspects of the Hack, $204M Recovered 22
In summary: KuCoin CEO, Johnny Lyu, has informed the crypto-verse that they’ve identified suspects behind the recent hack He explained that KuCoin is working with authorities to apprehend the suspects Another additional $64 Million in digital assets is out of the control of the hackers This brings the total to...
Hackers
Quick take: KuCoin’s risk management system detected unusual crypto withdrawal activity beginning today, 2:51 am (UTC +8) The exchange soon confirmed it was a hack KuCoin CEO, Johnny Lyu, confirmed KuCoin has an insurance fund to cover all losses $150 Million in Bitcoin, Ethereum and other ERC20 tokens was taken...
Kyber Network Exploited for $265,000 23
Kyber Network identified and fixed a vulnerability in the front-end. The attacker managed to steal $265,000 through malicious code that was discreetly inserted into the Google Tag Manager. The Kyber Network team has promised to reimburse victims. Kyber Network has revealed that it has been the victim of an exploit...