News

Mixin Network hack drains $200M from mainnet assets

Decentralized peer-to-peer network Mixin Network has lost approximately $200 million in a hack involving the compromise of the database of a third-party cloud service provider. On Sept. 25, Mixin Network confirmed that a hack conducted two days ago — on Sept. 23 — drained approximately $200 million worth of crypto assets from its mainnet. An immediate suspension of all deposit…

Continue Reading

Vitalik wallet sends 400 ETH worth $600K to Coinbase
News

Vitalik wallet sends 400 ETH worth $600K to Coinbase

Blockchain sleuths have flagged a number of ETH transactions from a wallet associated to Ethereum co-founder Vitalik Buterin in September 2023 totalling over $3.9 million. Seperate blockchain monitoring profiles shared details of a 400 ETH transaction worth an estimated $632,000 from Vitalik’s wallet to Coinbase on Sept. 25. @VitalikButerin deposited 400 $ETH to #Coinbase at $1,579 ($632K) 2hrs ago. Notably,…

Continue Reading

Chainlink downplays worries after users notice quiet change to multisig
News

Chainlink downplays worries after users notice quiet change to multisig

Decentralized oracle network Chainlink has downplayed a recent change in the number of signers required on its multisig wallet — a move that garnered backlash on social media from vocal critics. Crypto researcher Chris Blec was among a number of users on X (formerly known as Twitter) who called out Chainlink for quietly reducing the number of signatures required on…

Continue Reading

North Korean Lazarus Group amasses over $40M in Bitcoin, data reveals
News

North Korean Lazarus Group amasses over $40M in Bitcoin, data reveals

North Korean hacking collective Lazarus Group holds a whopping $47 million in cryptocurrency, most of which is in Bitcoin (BTC), new data shows.  According to data collated on Dune Analytics from 21.co — the parent company of 21Shares — wallets associated with the Lazarus Group currently hold around $47 million worth of digital assets, including $42.5 million in Bitcoin, $1.9…

Continue Reading

HK regulator vows to intensify crackdown on unregistered crypto platforms
News

HK regulator vows to intensify crackdown on unregistered crypto platforms

Hong Kong’s financial regulator, the Securities and Futures Commission (SFC) has vowed to step up its efforts to combat unregulated cryptocurrency trading platforms in its jurisdiction According to a Sept. 25 announcement, the SFC said it will publish a list of all licensed, deemed licensed, closing down and application-pending virtual asset trading platforms (VATPs) to better help members of the…

Continue Reading