Relying on one person for private key access creates significant organizational risks and can lead to catastrophic losses.
What was the BigONE $27 million hack? The Seychelles-based cryptocurrency exchange BigONE confirmed that on July 16, 2025, it suffered a crypto supply chain attack that allowed cybercriminals to drain ...
Losses from crypto scams, hacks and exploits increased by approximately 21% year-over-year in 2024, and threat actors paid particular attention to centralized services and private keys, according to ...
Crypto-related losses from hacks and cybersecurity exploits fell sharply in December, dropping 60% month-on-month to about ...
The Flow blockchain is set to resume operations following a key decision by its validators to revert the network’s transaction ledger to a state before a major security breach late Friday, which ...
Cyber-thieves feasted on a staggering $2.3 billion worth of cryptocurrency in 2023. What Happened: From manipulated smart contracts to pilfered private keys, no protocol was entirely safe this year.
Earlier this month, crypto exchange Poloniex was hacked. At the time of the hack, there was not enough information available to determine the real extent of the damage caused by the security breach.
North Korean hacking groups have stolen an estimated $3 billion worth of various tokens since 2017, as per a UN Security Council report earlier this month. Meanwhile, several crypto developers and ...
On January 9, PeckShieldAlert, a blockchain security and forensic platform, revealed that crypto hacks and scams cost $3.01 billion in 2024. This represents a substantial 15% increase compared to the ...
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Crypto hack losses drop 60% in December to $76M
Crypto losses fell to $76 million in December, a 60% decrease from November, but major hacks, such as a $50 million address-poisoning scam, still occurred.
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