Crypto Scams Remain Persistent: Exit Scams And Hacks Cost Crypto Sector $160 Million In February

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The crypto industry is perpetually vulnerable to malicious activities, with hackers seemingly relentless in their pursuits. It’s been only two months into 2024 and crypto scams are already making their appearance. According to blockchain auditor CertiK, crypto hacks and scams led to over $160 million in losses in February alone.  Although this figure saw a […]

US Senators Demand Investigation Into Hack Of SEC’s X Account – Details

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US Senator and Chairman of the Senate Finance Committee, Ron Wyden, has requested an official investigation into the recent hack of the X account of the US Securities and Exchange Commission (SEC). The letter is co-written by prominent crypto advocate Cynthia Lummis and will also seek to begin a probe into the SEC’s failure to […]

BlackRock Slashes Bitcoin ETF Fees To 0.25%, Titan Heats Up Competition |

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As the U.S. Securities and Exchange Commission (SEC) nears its decision on the approval of spot bitcoin exchange-traded funds (ETFs), asset managers, including industry giants like BlackRock, Ark Investments, and 21Shares, are on high alert, according to Reuters. Financial Titans Unshaken By Bitcoin ETF False Report As Bitcoinist reported yesterday, the US Securities and Exchange […]

Nigerian Politician In Custody For Crypto Exchange Breach

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A Nigerian politician, Ambassador Wilfred Bonse, has been apprehended by the Nigeria Police Force (NPF) in connection to a security breach suffered by crypto exchange Patricia Technologies Limited. This development comes as Patricia defaults on its debt repayment schedule to customers following a $2 million exploit in 2022. Former Nigerian Gubernatorial Candidate Implicated In Theft, […]

BREAKING NEWS: Poloniex Exchange Has Been Hacked, Move Your Crypto ASAP |

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Reports reaching us at Bitcoinist are that the Justin Sun-led Poloniex crypto exchange has been hacked and the attackers are currently siphoning funds away from the exchange at an alarming rate. So far, over $60 million in crypto is suspected to be already stolen spanning digital assets such as Tron (TRX), Pepe (PEPE), and Magic […]

Bitfinex Suffers Minor Security Incident Following Customer Support Hack

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Cryptocurrency exchange Bitfinex experienced a minor security incident earlier this week through a phishing attack on one of its customer support representatives.  Although the issue has now been resolved, such attacks only underline the constant attacks of bad actors on major key crypto infrastructures such as trading exchanges. User Data Remains Intact And Safe, Bitfinex […]

LastPass Hack Drains $4.4 Million From Users, Urgent Asset Migration Advised

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Users of the LastPass password manager application have now lost $4.4 million worth of crypto assets in a single day. This development comes a year after LastPass shared that hackers had gained access to its cloud storage keys and dual storage container decryption keys. LastPass Users Urged To Move Crypto Assets As 25 Fall Victim […]

Shiba Inu Team Member Shares Critical Message Following Hack

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A prominent Shiba Inu team member has taken to social media to quell the anxieties of community members after being exposed to a dangerous hack attack by cybercriminals who hijacked the community’s telegram account and used it for scam purposes.  Community Admin Recovers Telegram Account  On Wednesday, October 4, the SHIB community fell victim to […]