online resources

Hotbit crypto exchange shuts down for maintenance after attempted hack

The Chinese crypto exchange says funds are “SAFU” and that the emergency maintenance could take up to two weeks. Cryptocurrency exchange platform Hotbit has shut down all of its services after an attempted cyberattack on Thursday. “Hotbit just suffered a serious cyber-attack starting around 08:00 PM UTC, April 29, 2021, which led to the paralyzation of a number of some basic services,” a notice on the platform’s website reads. The hackers were reportedly unsuccessful in gaining access to Hotbit’s wallets but did manage to compromise the platform’s user database. Thus, the Hotbit team has advised customers to disregard any communication…

Continue Reading Hotbit crypto exchange shuts down for maintenance after attempted hack

Recent KuCoin Hack Could Be The 3rd Biggest In Crypto History: Report

The recent KuCoin hack could be the third largest in the crypto history as the latest reports show that the stolen amount is worth $280 million instead of the initial $150 million so let’s find out more in the crypto news today. The newly gathered data suggests that the hackers that recently compromised the hot wallets of the KuCoin exchange could have taken more than the initial estimation of $150 million. Considering the updated numbers, the recent KuCoin hack could be the third largest in history with about $280 million stolen. As reported recently, an unknown group of hackers exploited…

Continue Reading Recent KuCoin Hack Could Be The 3rd Biggest In Crypto History: Report

Crypto Projects Froze 65% Of Funds From The Recent KuCoin Hack

Crypto projects froze about 65% of the funds from the recent KuCoin hack attack where more than $200 million was lost according to the data from the exchange. The true damage, however, could be greater as we are reading further in our crypto news today. KuCoin, the popular crypto exchange got hacked on Friday and recently they disclosed additional suspicious addresses to which the hacker sent around $10.7 million worth of BTC but the total addresses with transferred funds according to the Singapore-exchange, reaches an amount lost of $203 million. At the same time, however, the crypto exchanges and crypto…

Continue Reading Crypto Projects Froze 65% Of Funds From The Recent KuCoin Hack

Cryptopia Hack Victim Prepares To Sue Liquidator Grant Thornton

A Cryptopia hack victim is preparing to sue the liquidator in question Grant Thornton as the tale’s extended liquidation is posed to see new legal action from the major token issuer as we are reading more in the latest crypto news today. Legal representation for GNY, the company that is focused on artificial intelligence and the issuer of LML, filed a notice to the liquidators’ failure to comply with the duties. Grant Thornton was accused of botching their handling of hacked and defunct cryptocurrency exchange Cryptopia. This notice is the final step before a lawsuit which will only add more…

Continue Reading Cryptopia Hack Victim Prepares To Sue Liquidator Grant Thornton

End of content

No more pages to load