Hacking

FTX hit by hack rumor meanwhile Korea updates crypto death note

Scams and fake news have long dogged the crypto world. This week saw two major blockchain companies and a global retailer get swept up by hack rumors or hoaxes.

C.R.E.A.M. Finance suffered a flash loan exploit that was much larger than earlier estimates

Korea’s love for crypto continues while Crypto exchange Bilaxy hacked

The 20th hijack this month, after Poly Network, Solend and Liquid.

Money laundering token tracer developed using AMLBot application programming interface was suspended within eight hours of public exposure.

India crypto bill awaits approval while Poly Network hack saga continues

The hackers claim that trust issues with the Poly Network team are slowing down the complete handover of stolen assets.

Poly Network recovers assets meanwhile Rario launches cricket NFT platform

Poly Network assets returned also OKEx lists Baby Doge

Impact of one of the biggest heists in the industry looks set to be mitigated as hackers agree to return funds.

DeFi’s explosive growth may be the cryptocurrency world’s biggest story in 2020. But is the industry ignoring risks and cybersecurity gaps?

Just in time for Halloween, gather ’round for this blood-curdling crypto news flashback that will have you HODLing a blanket. Beware the death grip on Bitcoin wallets!

Ethereum Classic Labs CEO Terry Culver calls the hash rental market shady “like under a rock somewhere…. They’re basically money laundering operations.”

ETC’s recent hacks may be an occupational hazard of ‘proof-of-work’ blockchains, including BTC and ETH. Is going ‘proof of stake’ the answer?

Could blockchain technology and decentralized ID verification have prevented all those VIP Twitter accounts from being commandeered for a bitcoin scam?

Other top news: Teen accused of masterminding Twitter VIP hack heads to court. Huobi launches DeFi lab. Fintech VC in Singapore and Indonesia.

Social media platforms like Twitter need more advanced technology, like blockchain, to protect user accounts from attacks, says Voice CEO Salah Zalatimo.

Twitter blames “social engineering” for attacks on the accounts of Joe Biden, Elon Musk, Bill Gates and Barack Obama. What really happened?

Other top news: Courier giant YTO forms blockchain logistics lab. 224 more blockchain firms get official thumbs up. VC in Singapore, UK and US.

As increasingly useful and potentially destructive data migrates onto the internet, more and more countries will deploy cyber weapons. Could blockchain provide a defense against future incursions?