The decentralized finance (DeFi) sector faces another critical challenge. Reports confirm a significant Bunni DEX hack, resulting in an estimated loss of $2.3 million. This incident spanned both the UniChain and Ethereum networks. Such events underscore the ongoing vulnerabilities within the rapidly evolving crypto landscape. Consequently, the entire community is now looking for answers and […]
Rumors about Coinbase acquiring CoinDCX have been making headlines, but the Indian cryptocurrency exchange has firmly denied these claims. Amid a 54.5% valuation drop and a $44 million security breach, CoinDCX remains focused on its domestic growth strategy. What does this mean for the future of cryptocurrency exchanges in India? CoinDCX Denies Coinbase Acquisition Rumors […]
In a shocking turn of events, Indian cryptocurrency exchange CoinDCX has denied rumors of a $1 billion acquisition by Coinbase while grappling with a $44.2 million security breach. What does this mean for India’s crypto future? CoinDCX Denies Coinbase Acquisition Rumors CoinDCX founder and CEO Sumit Gupta took to social media to firmly deny reports […]
In a surprising twist, CoinDCX CEO Sumit Gupta has firmly denied rumors of a $900 million acquisition by Coinbase, even as speculation swirls around a recent $44 million security breach. What does this mean for India’s booming crypto market? Let’s dive in. CoinDCX Denies Acquisition by Coinbase CoinDCX CEO Sumit Gupta took to X (formerly […]
The cryptocurrency world was rocked this week as Indian exchange CoinDCX suffered a devastating $44 million loss in what appears to be an insider attack. This alarming breach raises serious questions about exchange security and the growing threat of internal vulnerabilities in the crypto space. What Happened in the CoinDCX Hack? According to reports, the […]
In a shocking turn of events, a CoinDCX software engineer has been arrested in connection with a $44 million cryptocurrency theft. The breach, which occurred in mid-July, has sent ripples through the crypto community. How did this happen, and what does it mean for the security of crypto exchanges? Let’s dive in. How Did the […]
News of a significant security breach at Iran’s largest cryptocurrency exchange, Nobitex, has sent ripples through the regional market. The company confirmed an estimated $81.7 million Nobitex hack on June 18, affecting internal systems and hot wallets. This event highlights the persistent security challenges faced by digital asset platforms globally and the critical need for […]
Reports are circulating about a potential significant security incident involving BitoPro, a prominent Taiwan crypto exchange. On-chain analysis suggests the exchange may have experienced a substantial crypto asset loss, potentially totaling around $11.5 million, stemming from a suspected BitoPro exchange breach that allegedly occurred last month. What Happened During the Suspected BitoPro Exchange Breach? The […]
In a surprising turn of events in the fast-paced world of decentralized finance (DeFi), the exploiter behind the recent $7 million breach of perpetual decentralized exchange KiloEx (KILO) has begun to return a portion of the stolen funds. According to blockchain security firm PeckShield, approximately $1.4 million in USDT has been sent back to the […]
Hold onto your hats, crypto enthusiasts! The decentralized exchange (DEX) world has just been hit with another curveball. KiloEx, a perpetual DEX platform, has announced a temporary platform suspension following a concerning Vault exploit. If you’re invested in DeFi or closely watching the crypto space, this news is definitely something to pay attention to. Let’s […]
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