Security breach Financial News

11.03 / 15:21

defi security breach Unizen Pledges Reimbursements After $2.1M Loss in Platform Breach

Decentralized finance (DeFi) protocol Unizen has taken swift action in response to a recent security breach that resulted in the loss of approximately $2.1 million in user funds.

30.07 / 05:32

WazirX Cryptocurrency exchanges security breach Customers WazirX's controversial solution to security hack: $230 million loss to be distributed among all customers

cryptocurrency exchanges, recently faced a significant security breach, resulting in a loss of over $230 million. In response, WazirX announced on Saturday a controversial solution: distributing the loss among all customers. Following the cyberattack, which resulted in the theft of approximately $230 million, equivalent to 45% of user funds, WazirX is implementing a «socialized loss» strategy.

13.07 / 07:30

Platform security security breach reports Investigations International Internal Probe Reveals Ex-Contractor Behind $14.4 Million Holograph Hack

Holograph, a blockchain tokenization platform, announced on July 2 the successful completion of the post-mortem report for the security breach that occurred on June 13.

30.05 / 22:09

Platform security Pool community Bitcoin security breach Alex Labs Reveals Roadmap to Restart Operations After Breach

Alex Labs, a Bitcoin layer-2 (L2) developer, announced a detailed recovery roadmap and enhanced security measures on May 29 in response to a recent breach.

21.05 / 14:35

security breach Gala Games Crypto Exploit Gala Games Hit by $23 Million Token Exploit Due to ‘Messed Up’ Internal Controls

Gala Games, a prominent blockchain gaming platform, experienced a significant security breach that resulted in the unauthorized sale of 600 million GALA tokens, valued at $23 million. CEO Eric Schiermeyer confirmed that the incident was attributed to inadequate internal controls.

20.05 / 20:01

Action security Bitcoin security breach prevention Investigations XLink Partners with Kaamel Technology to Investigate $10M Security Breach

XLink announced a partnership with cybersecurity firm Kaamel Technology on May 20. The collaboration will thoroughly investigate the ‘root cause’ of a data breach on May 15 that involved nearly $10 million of user funds.

15.03 / 19:31

Binance security breach Binance-Backed Nfprompt Platform Hit by Crypto Security Breach, User Funds Lost

NFPrompt, a content generation platform incubated by Binance Labs, disclosed a crypto security breach resulting in the loss of user and platform funds.

04.01 / 20:54

Ethereum blockchain security breach strategies Gamma Strategies Identifies Root Cause of Exploit Attack, Attempts Negotiation for Fund Return

The protocol managing liquidity on the Ethereum blockchain, Gamma Strategies, has initiated a bounty negotiation with the attacker responsible for stealing $3.4 million worth of digital assets.

04.01 / 11:12

hacks Certik security breach $1.8 Billion Cryptos Lost Across 751 Security Breaches in 2023: CertiK report

2023 saw a 51% decline in the digital assets lost to hacks, scams and exploits than that of 2022. However, a staggering $1.84 billion in cryptocurrencies were lost across 751 security breaches in 2023, blockchain security firm CertiK reveals.

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