–> The hacker responsible for last year’s Poloniex hack has transferred 1,100 ETH, valued at around $3.4 million, to the U.S.-sanctioned cryptocurrency mixer Tornado Cash in an attempt to launder the stolen funds, according to on-chain data from security firm PeckShield. Poloniex was drained of $100 million during an attack …
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The hacker sent 11 batches of 100 ether to Tornado Cash over a two-hour period. The wallet also sent $32 million worth of bitcoin to an unlabelled wallet last week. Running With Crypto: 5 Questions With TRM Labs’ Ari Redbord Hacks Involving North Korea Are ‘Even Greater Problem’: Legal Experts …
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Story Highlights The live price of Cosmos is $ 11.01941729. Cosmos price could reach a potential high of $25.06 by the end of 2024. ATOM price could reach a potential high of $89.05 by the year 2030. Vivid evolution across the blockchain arena has quickly gained the attention of the mainstream …
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The UK regulator has taken action against 450 crypto ads for violating its strict new rules. UK Regulator Scrutinizes Crypto Ads In a recent statement, the Financial Conduct Authority (FCA) reported issuing 450 consumer warnings against crypto firms violating laws through their advertisements during the last three months of 2023. …
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International watchdogs believe that the cyber heists are part of a bigger plan to support the isolated nation’s nuclear and missile programs. North Korea Conducted 58 Attacks on Crypto Firms The Democratic People’s Republic of Korea (DPRK) has reportedly engaged in 58 cyberattacks targeting crypto firms from 2017 to 2023. …
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PeckShield’s 2023 Crypto Security Report: Hacks Down, Recovery Efforts Up
by Martin Youngby Martin YoungOn January 29, blockchain security firm PeckShield reported that crypto hacks and scams were down 27.8% in 2023 from 2022. Crypto Hacks & Scams Down The firm noted that 2023 saw more than 600 major hacks in the crypto space, resulting in around $2.61 billion in losses, Furthermore, $1.51 was …
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Crypto-related hacks and scams saw a 27.78% year-over-year decline in 2023 as the industry has become more vigilant. Blockchain security firm PeckShield published the data on Jan. 29 in a detailed report on hacks and scams that took place throughout the year. Hacks and recoveries According to PeckShield’s recent report, …
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Crypto exchange HTX was again targeted by malicious actors on Friday – this time through a Distributed Denial of Service (DDoS) attack. Despite a short-lived outage, crypto billionaire Justin Sun has reassured followers that the exchange’s website has been restored, and all user’s funds are “SAFU.” Sun, who acts as …
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Stablecoin TrueUSD () dropped to a point of around $0.9708 on Thursday morning in Asia. TUSD has since slightly recovered, trading at around $0.9723 at 11:15 a.m. in Hong Kong, according to The Block’s price data. The stablecoin dropped below its U.S. dollar peg on Jan. 15 with reports of …
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On January 15, TrueUSD (TUSD), the USD-pegged stablecoin, experienced a deviation from its $1 parity that saw its price decline to $0.985. This comes amidst speculations that TrueUSD holders are exchanging hundreds of millions of tokens for the competing stablecoin Tether (USDT). TrueUSD Depeg Sparks Trading Frenzy on Binance Based …