UXLINK Hacker Loses $48M to Phishing
A hacker who exploited UXLINK lost $48M to a phishing scam by another criminal, highlighting a rare “hacker-on-hacker” crime in the crypto space. #Breaking #Security
Crypto Security
Articles focusing on security measures, security breaches, preventive technologies, and best practices for safeguarding crypto assets.
Bitcoin Scam Ring Busted $15M Seized
Thai authorities dismantled a $15M scam targeting 870 South Koreans, involving crypto fraud and laundering. Key figures await extradition. #Breaking #Legal
Ethereum Wallet Breach Stolen Funds Relocated
UXLINK’s multi-signature wallet was breached, with stolen funds moved to exchanges. Authorities are involved in asset recovery. Multi-signature wallets remain vulnerable to exploitation. #Breaking #Security
Venus Protocol Recovers Funds After Phishing Attack
@VenusProtocol resumes operations after a phishing attack that resulted in a $13.5 million loss, now fully recovered. Security measures protected user assets. Market response remains mildly positive. #Update #Crypto $BNB
Bitcoin Services Banned in Fiji Amid Risks
Fiji’s National Anti-Money Laundering Council reaffirms its ban on Virtual Asset Service Providers, citing security risks and vulnerability to criminal misuse. #Update #Legal
Bitcoin Seizure Sparks Outrage Over User Theft
@RCMP seized over 56 million CAD ($40.6 million) from TradeOgre, marking Canada’s largest crypto seizure, citing non-compliance with regulations and alleged money laundering activities #Breaking #Legal $BTC
SEC Grills Congress on Sana-Trump Market Risks
U.S. lawmakers have formally questioned the SEC about Justin Sun’s investments in crypto projects linked to Donald Trump, raising concerns over market risks and potential conflicts of interest for retail investors. #Update #Crypto $TRX
Ethereum Whale Loses $6M in Phishing Attack
A crypto whale lost over $6 million in staked $ETH and Aave-wrapped Bitcoin due to a phishing scheme involving malicious Permit signatures, highlighting rising phishing losses in the sector. #Update #Crypto $ETH
Ethereum Selloff Risks as Whales Profit Surge
Ethereum faces selloff risks as whales book profits, with unrealized profits reaching 2021 highs. Spot Ethereum ETFs saw $1.89M in outflows, indicating institutional selling pressure. #Update #Crypto $ETH
Ethereum Launches $2M Security Contest for Upgrade
The Ethereum Foundation has launched a $2 million security contest for its Fusaka upgrade, running from Sept. 15 to Oct. 13, with rewards for identifying vulnerabilities. #Update #Crypto $ETH
Crypto Payments Expand as MoonPay Acquires Meso
@MoonPay has acquired payments startup Meso to enhance its global crypto payments network. Meso’s co-founders will join MoonPay as executives. No financial details were disclosed. #Update #Crypto
Ethereum Risks Profit-Taking Despite $638M ETF
Ethereum ($ETH) sees $638M ETF inflows, led by @Fidelity’s $381M, pushing total ETF assets above $13.3B amid profit-taking risks and mixed market signals. #Update #Crypto $ETH
Bitcoin Law Delay India Cites Risks
India delays comprehensive cryptocurrency law, citing systemic risks and concerns about legitimizing digital assets, according to a government document reviewed by Reuters. #Update #Crypto
Chainlink Integrates with Polymarket to Enhance Security
@Polymarket integrates with @Chainlink to automate settlement of asset-price-related markets, reducing tampering risks. Initial focus on crypto prices; expansion to subjective markets planned. #Update #Crypto $LINK