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A new report unveiled a growing trend of efforts from cybercriminals hiding their stolen cryptocurrencies through different transaction flows. Crystal Blockchain pointed out that since 2019, the volume of stolen bitcoin grew significantly. Only 8% of the Funds Were Transferred to Exchanges With Verification Procedures in 2020 Per the findings, in 2020, the firm said … Read more
Spanish cryptocurrency exchange 2gether has announced that it won’t compensate users for the full amount of bitcoin (BTC) and ether (ETH) stolen in August 2020. The exchange said that almost 5,000 of its customers won’t receive their cryptos under the compensation plan. Company Asks 9% of Its Users for More Time to Gather the Remaining … Read more
Another $800,000 worth of bitcoin from the Bitfinex hack of four years ago has been moved to an unknown wallet. Whale Alert reports that hackers transferred 77.64 bitcoin (BTC) on Tuesday, which amounts to $797,000 at the time the alert was issued. The thieves last moved about $255,000 or 28.4 BTC on May 22, in … Read more
New Zealand cryptocurrency exchange Cryptopia has published a series of tweets detailing the extent of the losses it suffered during an attack by hackers in January. It said: “We have calculated that worst case 9.4 percent of our total holdings was stolen.” Also read: 125-Year Old Swiss Bank Julius Baer Enters Cryptocurrency Market ‘Securing Individual … Read more
Ever since the Cryptopia trading platform got hacked, users have been wondering when things will improve. That question is very difficult to answer right now. The investigation is still ongoing. Even so, it seems some of the stolen funds were drained a slate as the day prior to the investigation. Additionally, some money went missing in … Read more
Bithumb is one of the largest cryptocurrency exchanges in the world. Its status has attracted a lot of unwanted attention from criminals, culminating in a $31 million hack earlier this month. The company has been working on recovering the money and scored some initial success in this regard. The Bithumb Recovery Process For most cryptocurrency … Read more
