M2 Exchange recovered from a $13.7 million security breach within 16 minutes. A security firm said the incident highlights the growing vulnerability of crypto exchanges. Normal Service Restored The United Arab Emirates-based cryptocurrency exchange, M2 Exchange, said it swiftly resolved a security incident on Oct. 31 that involved $13.7 million. The exchange said customer funds […]
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So far, at least 36 victims suffered losses amounting to nearly $2 million worth of Ether.
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According to Cyvers, Delta Prime, the decentralized finance (defi) platform, lost just over $5.9 million after a hacker took control of a private key on Sept. 16. Detailing the incident, Meir Dolev, the CTO of Cyvers, said the hacker initiated the attack by taking control of a wallet that is the admin of Delta Prime […]
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Evolve Bank & Trust has recently confirmed a cybersecurity incident. The cybercrime group Lockbit 3.0 reportedly released customers’ personal identification data on the dark web. The bank, known for its fintech partnerships and facilitation of customer accounts for firms with significant crypto user bases, is now under scrutiny. The incident has raised concerns about the […]
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The mailing list provider used by the Ethereum Foundation for updates was compromised, resulting in a phishing email. Hackers are now using addresses from the breach to send fake emails. These fraudulent emails claim a collaboration between Ethereum and LIDO, promising a high annual percentage yield (APY) for staked assets. Recipients are urged to avoid […]
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A new study has found that crimes enabled by artificial intelligence in the cryptocurrency ecosystem are still in their nascent stages. Stakeholders can prevent these activities from becoming widespread through timely and measured responses. Data from the same study indicate a surge in tokens featuring AI-related keywords such as GPT, Openai and Bard. Approximately 4,500 […]
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On May 26, the trader known as GCR was allegedly hacked, possibly by the team behind the Solana-based meme coin CAT, as suggested by onchain sleuth Zachxbt. Prior to the hack, an address linked to CAT’s team used funds from a manipulated token launch to open long positions in ORDI and ETHFI, accumulating over $30,000 […]
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A breach of your Apple ID can leave you all but helpless to prevent attackers from poring over and stealing the contents of your life.
]]>A major setback has hit the cryptocurrency exchange FixedFloat, known for its fully automatic operations and lightning network integration. The exchange fell victim to a security breach, resulting in the loss of approximately 1,728 Ethereum and 409 Bitcoin, with a combined value of $25.85 million. The majority of the stolen Ethereum has already been transferred by the perpetrator to eXch on the Ethereum network, resulting in total losses amounting to $26 million. 
@FixedFloat was exploited for ~$26.1M (409 $BTC and 1,728 $ETH). On Ethereum, the attacker 0x85c4fF99bF0eCb24e02921b0D4b5d336523Fa085 sent the stolen 1,728 $ETH to multiple addresses, then to Exch exchange. The
The post Cryptocurrency Exchange FixedFloat Compromised: Millions Lost In Ethereum And Bitcoin appeared first on The Merkle News.
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The North Korean hacking collective has at least $47 million in cryptocurrency, including Bitcoin, Ether, Binance Coin and various stablecoins, including Binance USD.
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