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2024 sees nearly $1.4 billion in crypto thefts so far

2024 sees nearly $1.4 billion in crypto thefts so far

Web3 security company Cyvers has reported that $1.38 billion has been stolen in crypto so far in 2024. This is way higher than last year’s, which w...
White-Hat Hackers Refuse to Return $3M Stolen From Kraken’s Treasury

White-Hat Hackers Refuse to Return $3M Stolen From Kraken’s Treasury

The white-hat hackers found a bug that allowed users to artificially inflate their balance on Kraken.
Binance Labs-backed MobileCoin plunges on delisting news

Binance Labs-backed MobileCoin plunges on delisting news

Binance cryptocurrency exchange, has announced the impending delisting of MobileCoin (MOB), among two other tokens, DREP (DREP) and pNetwork (PNT),...
Crypto hacks and rug pulls increase rapidly in Q1 2024

Crypto hacks and rug pulls increase rapidly in Q1 2024

In 2024, the cryptocurrency market has seen a significant increase in losses due to hacks and rug pulls, amounting to over $200 million across 32 i...
SBF’s Conviction, SEC’s Legal Defeats Against Ripple, Binance’s New CEO: Major Crypto Events That Dominated 2023

SBF’s Conviction, SEC’s Legal Defeats Against Ripple, Binance’s New CEO: Major Crypto Events That Dominated 2023

With 2023 alrealdy mere hours to winding down, the industry is hopeful that 2024 turns out well for the overall market.
DeFi 2024: Optimism abounds despite 2023’s challenges

DeFi 2024: Optimism abounds despite 2023’s challenges

The year 2023 witnessed a staggering $1.83 billion loss within the Web3 ecosystem, as reported by blockchain security platform Immunefi. Despite a ...
Web3 hackers and scammers siphon $1.8B in 2023

Web3 hackers and scammers siphon $1.8B in 2023

Blockchain security platform Immunefi has revealed alarming statistics in its December 28 report, showcasing that the year 2023 bore witness to a s...
Web3 Industry Faces $1.7 Billion in Losses, Salus Reveals Trends and Vulnerabilities

Web3 Industry Faces $1.7 Billion in Losses, Salus Reveals Trends and Vulnerabilities

Salus' report reveals that the Web3 industry experienced losses of over $1.7 billion in 2023, accompanied by approximately 453 reported cyberattack...
Canadian Crypto Exchange Catalyx Pauses Withdrawal And Deposit Services After Token Hack

Canadian Crypto Exchange Catalyx Pauses Withdrawal And Deposit Services After Token Hack

Canadian crypto exchange Catalyx has stopped accepting withdrawals and halted all trading activities on its platform after a security issue resulte...
Web3 lost $2 billion to frauds and hacks this year

Web3 lost $2 billion to frauds and hacks this year

In a year that was expected to usher in a new era of decentralized finance, 2023 brought a stark reality check to the Web3 community. A recent repo...