A private key belonging to Chorus Key was compromised, and a governance vote is underway to switch oracle providers.
The Frankfurt Prosecutor’s Office announced the seizure of the crypto platform eXch by law enforcement. Authorities confiscated €34 million and the platform’s infrastructure. eXch is under suspicion for providing money laundering services related to several high-profile crypto hacks, including the Bybit hack, multisig vulnerabilities, the FixedFloat exploit, and the $243 million Genesis Creditor theft. This …
Germany has dealt a severe blow to the dark side of crypto, shutting down the notorious eXch crypto swapping service. Authorities, including the Frankfurt Public Prosecutor’s Office (ZIT) and the Federal Criminal Police Office (BKA), seized €34 million in digital assets and eight terabytes of data, marking the country’s third-largest crypto seizure. Why Was €34 …
On May 2, 2025, at 9:25 AM PST, the TRON DAO X account was compromised following a social engineering attack on a team member. The attacker posted a contract address, sent direct messages, and followed various accounts. This breach emphasizes the dangers of social engineering, as it allowed the unauthorized party to manipulate the account. …
The cryptocurrency market has recorded a troublesome number of failed projects in recent years. According to data from CoinGecko, over 50% of all cryptocurrencies ever listed have now become inactive. Since 2021, nearly 7 million crypto coins have been listed on the platform. Out of these, about 3.7 million projects have stopped trading and are …
Monero rose by 45% after a flurry of spot buys, but open interest increased by 107%.
The U.S. Department of Justice is pushing for a 20-year prison sentence for Celsius founder Alex Mashinsky. Prosecutors allege that Mashinsky orchestrated a deliberate fraud that led to $4.7 billion in user losses. The DOJ claims he misled investors about the safety and profitability of Celsius’s operations, contributing to one of the crypto industry’s biggest …
Even after FTX collapse, the exchange isn’t stepping out of the spotlight. In the latest FTX News update, the bankrupt crypto exchange has launched a legal offensive to recover assets in a fresh effort to speed up FTX repayments. According to a new press release on PR Newswire, FTX has filed lawsuits against NFT Stars …
The crypto world was jolted overnight as Monero (XMR) prices surged by more than 50%, sending shockwaves through the market. While such sudden spikes often raise eyebrows, this particular surge is linked to a massive Bitcoin theft worth around $330 million. The Bitcoin Heist Uncovered Renowned on-chain detective ZachXBT revealed that roughly 3,520 Bitcoins, valued …
The SEC has yet again cracked down on crypto fraud. The agency has charged the man behind PGI Global, Ramil Palafox, for running a massive $198 million scam through his company, PGI Global, which falsely claimed to be a crypto and forex trading platform. As per the SEC’s press release, from January 2020 through October …
The exchange has wrapped up all prep work for the hearing, where the court will decide on approving WazirX’s restructuring and user compensation plan.
Two months after the biggest crypto hack in history, a fresh update from Bybit CEO Ben Zhou has brought a ray of hope. Out of the $1.4 billion in stolen ETH, 68.57% of the funds remain traceable, while 3.84% have been frozen. However, 27.59% have gone dark—likely laundered through mixers and bridges. Bybit Hack: What …
The untraceable funds primarily flowed into mixers then through bridges to P2P and OTC platforms, Zhou said.
Sam Bankman-Fried, founder of the collapsed cryptocurrency exchange FTX, was transferred on April 18, 2025, to the Federal Correctional Institution (FCI) Terminal Island in Los Angeles. This low-security prison, known for housing notorious figures like cult leader Charles Manson, crime boss Al Capone, and former Theranos executive Ramesh “Sunny” Balwani, is now the latest chapter …
The firm will be awarding a 10% bounty to white hat hackers involved in the resolution of the exploit.
The ZK token is down by 13.7% in the past 24 hours.
KiloEx has suspended operations and is collaborating with partners to trace the stolen funds and blacklist the attacker's wallet.
Yet another hack story shook investors’ faith in Defi. The DeFi world is once again in the spotlight after a newly launched perpetual trading platform, KiloEx, backed by YZi Labs (previously known as Binance Labs), fell victim to a multi-chain exploit that drained approximately $7 million. The attack has exposed fresh concerns about the security …
A local court in China recently sentenced nine Chinese fraudsters to prison terms over defrauding Indians of about $6 million through USDT fraud. Notably, the scheme involved using translation and chat software to befriend foreigners, gain their trust and trick them into investment by defrauding their money. Over 66,000 Indians Fell To the Scam The …
The Federal Bureau of Prison has moved Sam Bankman Fried, the former FTX CEO to a Southern-California prison which is known for brutalism and violence. Sam Bankman Held at Victorville According to a BOP inmate locator, he is now being held at a medium security facility in Victorville, as of Wednesday. Before the transfer, Fried …
The scheme would trigger an initial payout within 10 business days, followed by phased resumptions of withdrawals and trading, subject to regulatory compliance.
The Delhi High Court has stepped in as WazirX faces backlash for allegedly restructuring user crypto assets without consent. Petitioners claim that the platform is making changes without user consent, affecting even those assets not hit by a past cyberattack. The court issued a notice on March 28, 2025, in response to a petition filed …
WazirX has gained major support for its restructuring plan, with 94.6% of voting creditors (by claim value) saying “yes.” A total of 141,476 creditors voted, representing over $195.6M in approved claims. Of them, 93.1% voted in favor by count. The approval far exceeds the required threshold under Singapore law. With strong backing in hand, Zettai …
The figure marks a 303% increase on the previous quarter.
The report reveals that one such worker juggled 12 fake personas across the U.S. and Europe and sought employment by fabricating references
The first quarter of 2025 was a rollercoaster for the crypto world. Governments pushed for stronger regulations – like the US Strategic Cryptocurrency Reserve and the SEC’s Crypto Task Force – while the EU tightened its grip with new MiCA rules. The goal? To make crypto safer and more transparent. But despite these efforts, hackers …
The hacker behind the $9.6 million exploit of the decentralized lending platform zkLend in February has revealed they fell victim to a phishing website. The scam site, posing as a front-end for Tornado Cash, tricked the hacker into losing 2,930 Ether from the stolen funds. This incident adds a surprising twist to the ongoing zkLend …
The National Consumer Disputes Redressal Commission (NCDRC) has declined to hear a case from a group of WazirX investors who suffered losses due to the $234 million crypto hack. Investors To Approach Supreme Court Next The commission stated that since crypto transactions aren’t fully regulated in India, it cannot investigate the matter. The NCDRC stated …
FTX, the once-prominent cryptocurrency firm, is ready to start paying back its major creditors by the end of May. After gathering a massive $11.4 billion since its collapse, the cryptocurrency firm is ready to begin making significant payouts as per a latest report from Bloomberg. While smaller creditors with “convenience claims” have already received payments, …
The National Consumer Disputes Redressal Commission (NCDRC) has dismissed a lawsuit filed against WazirX over a ₹2000 crore hack. The court ruled that there is no established legal framework for cryptocurrency-related issues in India. As a result, the case against the crypto exchange was thrown out, highlighting the regulatory gap surrounding cryptocurrency in the country. …