Category: Hacks

Token Projects Are Not Happy With KuCoin’s Handling of $280M Hack

November 13, 2020

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Nov 13, 2020 at 6:30 p.m. UTC Token Projects Are Not Happy With KuCoin’s Handling of $280M Hack The latest face-saving communique from Seychelles-domiciled crypto exchange KuCoin – hacked almost two months ago for over $280 million – is that 84% of the affected assets have been recovered. Some victims will be glad the situation seems […]

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KuCoin recovered 84% of stolen crypto after $280M hack, says co-founder

November 11, 2020

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KuCoin has resumed full services for 176 out of the total 230 tradable assets to date. 7057 Total views 31 Total shares KuCoin cryptocurrency exchange has recovered the majority of funds lost in a $280 million hacking incident in September, a senior executive has said. Johnny Lyu, co-founder and CEO of KuCoin, announced on Nov. […]

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Report: Crypto crimes declined in 2020, but DeFi hacks are on the rise

November 10, 2020

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The recent surge in DeFi makes the industry is an attractive target for hackers. 2657 Total views 33 Total shares Cryptocurrency-related crimes have slowed down in 2020, but some sectors within the crypto industry have become a new hotbed for criminal activity, a new report says. Citing major crypto analytics firm CipherTrace, Reuters reported on Nov. […]

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Report: Blockchain-related hacks have declined in 2020

November 2, 2020

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Analysts state that blockchain hacks should remain on the decline. 2531 Total views 40 Total shares The amount of cryptocurrency and blockchain-related hacks has been decreasing over the course of 2020, a new report claims. According to data analyzed by VPN provider Atlas VPN, the number of hacks in the first half of 2020 dropped […]

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The unluckiest DeFi protocol? A personal take on bZX’s tumultuous year

October 24, 2020

Crypto Nanobot 0

Decentralized finance platform bZX has frequently been in the spotlight this year, only not for the right reasons. Most DeFi platforms popular today, including bZX, began their journey around 2018, at the tail-end of the initial coin offering boom. In 2019, DeFi started gaining traction, though it was still a somewhat ignored sector of the […]

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