In the dynamic and often unpredictable world of cryptocurrency, the closure of Bittrex Global in 2023 stands out as a landmark event. This development followed the earlier shutdown of Bittrex's U.S. operations, Bittrex.US, and marked a significant shift in the landscape of digital asset exchanges. T...
A new type of attack called Randstorm could potentially steal 1.5 million bitcoins, especially those made between 2011 and 2015. The Randstorm flaw is a result of bugs, bad design choices, and API changes that make the quality of random numbers generated by the web worse. Around 1.4 million bitcoins...
Poloniex, a cryptocurrency exchange, has offered a $10 million reward to a hacker who stole $114 million from the exchange. The attacker can choose between a reward and being prosecuted worldwide. The Poloniex team has successfully found the hacker, who was sent a message through a blockchain transa...
The cryptocurrency industry, despite its rapid growth and innovation, has been plagued by security concerns and regulatory challenges. In 2023, we witnessed a significant crackdown on cryptocurrency exchanges by regulatory authorities worldwide. Several exchanges faced seizure and legal actions due...
Hackers, who were part of a collective, claim to have access to the data of the insolvent cryptocurrency ATM company. Coin Cloud, which managed a network of over 4,000 Bitcoin ATMs across the US and Brazil, filed for bankruptcy in February 2023. The attackers claim to have personal information and...
The addition of a new feature to the Ethereum Create2 blockchain led to the theft of a large amount of money, $60 million. People who were involved in fraud used Create2 to get around the Ethereum platform's security measures, which let them find another way to make money. By using the Create2 fun...