CryptoSecurityIncident
9,826 views
8 Posts
Hot
Latest
The Biggest Hacks in Crypto for 2024!
This year has been rough for some major crypto platforms as hackers continue to exploit vulnerabilities. Here's a quick breakdown of the largest hacks and exploits that shook the space in 2024:
DMM Bitcoin leads the list with a jaw-dropping $305M lost, a massive blow to the exchange and its users.WazirX, one of the biggest Indian exchanges, follows with $235M stolen, further amplifying concerns about security.Munchables saw $62.5M drained, adding to the list of large-scale attacks.BtcTurk fell victim to a $54M hack, while decentralized platform Hedgey lost $44.7M.BingX, another big player, was hit for $43.3M, highlighting how even high-profile platforms aren't immune.Lesser-known, but no less damaging, Penpie suffered a $27M exploit, while FixedFloat lost $26.1M.ALEX had a loss of $23.9M, Gala saw $22M vanish, and Indodax was taken for $20.5M.Lastly, lending protocol UwU Lend closes the list with a $20M hack.
From hot wallet breaches to phishing scams on multi-sig wallets, 2024 has shown us that even the most prominent platforms need to ramp up security measures. Stay vigilant, and always prioritize safe practices!
#CryptoSecurityIncident #HackAlert #DMMBitcoin #BingX
DMM Bitcoin leads the list with a jaw-dropping $305M lost, a massive blow to the exchange and its users.WazirX, one of the biggest Indian exchanges, follows with $235M stolen, further amplifying concerns about security.Munchables saw $62.5M drained, adding to the list of large-scale attacks.BtcTurk fell victim to a $54M hack, while decentralized platform Hedgey lost $44.7M.BingX, another big player, was hit for $43.3M, highlighting how even high-profile platforms aren't immune.Lesser-known, but no less damaging, Penpie suffered a $27M exploit, while FixedFloat lost $26.1M.ALEX had a loss of $23.9M, Gala saw $22M vanish, and Indodax was taken for $20.5M.Lastly, lending protocol UwU Lend closes the list with a $20M hack.
From hot wallet breaches to phishing scams on multi-sig wallets, 2024 has shown us that even the most prominent platforms need to ramp up security measures. Stay vigilant, and always prioritize safe practices!
#CryptoSecurityIncident #HackAlert #DMMBitcoin #BingX
Hamster Kombat ($HMSTR) Listing Alert: Scams and Fake News on the Rise
As Hamster Kombat prepares to list on Binance on September 26th, a surge in fake news and scams has been reported.
Investors are warned to beware of:
Fake Allocation Points calculation methods
Misleading announcements and screenshots
Unverified information from unknown sources
To ensure your safety:
Verify information through official Hamster Kombat channels
Check for official announcements and updates
Be cautious of unsourced or unconfirmed news
Report suspicious activity
Hamster Kombat's Binance listing promises exciting opportunities, but stay vigilant to avoid falling prey to scams.
Stay informed, stay safe.
#HamsterKombat #BinanceLaunchpoolHMSTR #hmstronbybit #CryptoSecurityIncident #CPI_BTC_Watch t
Investors are warned to beware of:
Fake Allocation Points calculation methods
Misleading announcements and screenshots
Unverified information from unknown sources
To ensure your safety:
Verify information through official Hamster Kombat channels
Check for official announcements and updates
Be cautious of unsourced or unconfirmed news
Report suspicious activity
Hamster Kombat's Binance listing promises exciting opportunities, but stay vigilant to avoid falling prey to scams.
Stay informed, stay safe.
#HamsterKombat #BinanceLaunchpoolHMSTR #hmstronbybit #CryptoSecurityIncident #CPI_BTC_Watch t
Alzebra (ALGB), a DEX liquidity engine, confirms the security incident involving a theft of approximately 211.9 ETH (approximately $469,000), clarifying that Gamma Strategies, the DeFi liquidity project, is not linked to their code. Gamma Strategies reaffirms its continuity amid the incident. đĄïžđŒ #CryptoSecurityIncident
đ° Bloomberg Reports: Following a $30 million hacking incident, HTX (formerly Huobi) experienced a net outflow of $258 million post-resumed withdrawals, with significant shifts in cryptocurrency balances, as BTC proportion slightly decreased to 32.9%, while HT surged to 31.8%; hackers are reportedly still holding the stolen funds, per Blocksec security company. đ°đ #CryptoSecurityIncident
đĄïž CertiK reports that the DeFi liquidity project Gamma has fallen victim to a flash loan attack, resulting in approximately $3.43 million in damages. A significant amount of 1,535 ETH was stolen and transferred to the Ethereum network. Gamma is actively monitoring the situation and implementing security measures, with withdrawal functions within the platform still operational. đđŒ #CryptoSecurityIncident
đš Chronos, the Arbitrum AMM protocol, advises canceling relevant contracts following an attack on a centralized liquidity pool. Other V2 liquidity pools remain secure. Chronos states they are collaborating to address the security incident and will provide updates on progress, as per their official statement. Certik previously reported a flash loan attack on Gamma Strategy's Arbitrum contract, resulting in $3.43 million in damages. đđ #CryptoSecurityIncident
đš Major Crypto Scam Alert! đš
The crypto world offers incredible opportunities, but it's also a hotspot for scams. Here are some of the most infamous schemes to watch out for:
- FTX: Crashed in November 2022 after mishandling billions. Founder Sam Bankman-Fried now faces a 25-year prison sentence for fraud.
- Luna & TerraUSD: Lost $60 billion in May 2022. Founder Do Kwon was arrested in March 2023.
- QuadrigaCX: After founder Gerald Cottenâs mysterious death in 2018, $215 million vanished, revealing a Ponzi scheme.
- Africrypt: 70,000 BTC stolen in 2021. Founders are under investigation for money laundering.
- SafeMoon, Proodeum, Pincoin: Additional schemes that tricked many investors.
- Celsius Network: Filed for bankruptcy in 2022 with $4.7 billion in liabilities.
đ Protect Yourself! Always research, verify teams, and be cautious. If it sounds too good to be true, it probably is. Stay vigilant and safeguard your investments!
#ScamWarning #CryptoSafety #BinanceProtects #CryptoSecurityIncident #Write2Earn! $FTT
The crypto world offers incredible opportunities, but it's also a hotspot for scams. Here are some of the most infamous schemes to watch out for:
- FTX: Crashed in November 2022 after mishandling billions. Founder Sam Bankman-Fried now faces a 25-year prison sentence for fraud.
- Luna & TerraUSD: Lost $60 billion in May 2022. Founder Do Kwon was arrested in March 2023.
- QuadrigaCX: After founder Gerald Cottenâs mysterious death in 2018, $215 million vanished, revealing a Ponzi scheme.
- Africrypt: 70,000 BTC stolen in 2021. Founders are under investigation for money laundering.
- SafeMoon, Proodeum, Pincoin: Additional schemes that tricked many investors.
- Celsius Network: Filed for bankruptcy in 2022 with $4.7 billion in liabilities.
đ Protect Yourself! Always research, verify teams, and be cautious. If it sounds too good to be true, it probably is. Stay vigilant and safeguard your investments!
#ScamWarning #CryptoSafety #BinanceProtects #CryptoSecurityIncident #Write2Earn! $FTT
