Allbridge offered a hacker who pilfered $573,000 from its platform a chance to come forward as a white hat and forgo any legal ramifications.
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Allbridge offered a hacker who pilfered $573,000 from its platform a chance to come forward as a white hat and forgo any legal ramifications.
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Kokomo Finance’s social media presence and websites are offline, while the price of the KOKO token fell more than 95% within a matter of minutes.
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While members of the crypto community are doubtful the lawsuit against Coinbase will be successful, it has sparked a conversation about the issues with SMS 2FA.
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The scammer behind the crypto wallet draining kit even recommended an alternative and gave advice to budding cybercriminals.
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The industry is likely to see “further attempts from hackers targeting bridges in 2023,” while users are urged to be warier of their private keys.
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The month of December had the smallest figure for cryptocurrencies stolen in 2022 with around 23 major incidents according to CertiK.
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“Merry Christmas guys. We got a lump of coal from Santa Claus,” wrote one user in response to the allegations and the incident.
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