[ad_2][ad_1] With billions of dollars at stake, it’s no surprise that the decentralized finance (DeFi) space has been filled with hacks and exploits on innocent contracts. To name one of the many recent exploits of DeFi contracts, Harvest Finance was hacked for $ 25-33 million in stablecoins due to a …
Read More »New Ripple Scam Targeting Ledger Wallet Users Drained Over 1,150,000 XRP ($ 297,000)
[ad_2][ad_1] Phishing scams targeting cryptocurrency users appear to be far from over according to an update from XRP Forensics, which claims that nearly 1,150,000 XRP tokens have been stolen in a new scam. This one specifically targeted Ledger wallet users and went to length of sending security update emails to …
Read More »187,000 BTC Drained: Over $ 2 billion in Bitcoin has left major exchanges since June
[ad_2][ad_1] The cryptocurrency reserves held on digital asset exchanges have fallen to new lows, as some of the major exchanges have seen significant drops in the balance of bitcoin reserves. A few months ago, trading platforms had far more reserves of bitcoin on hand, and data on the chain shows …
Read More »Over $ 150 million drained into KuCoin Crypto Exchange Hack
[ad_2][ad_1] About $ 281 million worth of funds from an Asian cryptocurrency exchange were compromised due to a security breach. Singapore-based digital asset exchange KuCoin said in a statement that it detected large withdrawals of bitcoin (BTC) and ethereum (ETH) tokens on an unknown wallet as of 19:05 UTC on …
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