Blockchain News

Urgent Alert: KiloEx DEX Hit by $7M Hack – Recovery and Compensation Plan Revealed

In a shocking turn of events for the decentralized finance (DeFi) space, KiloEx (KILO), a perpetual decentralized exchange, has reported a significant security breach. The platform confirmed a $7 million hack, prompting immediate action from the KiloEx team. For users of decentralized exchanges and the broader crypto community, this incident serves as a critical reminder […]

Blockchain News

Aergo’s **Secure** Leap: BitGo Chosen for **Revolutionary** Crypto Custody

In a move signaling enhanced security and trust within its ecosystem, Aergo, the enterprise-focused hybrid blockchain platform, has officially announced its partnership with BitGo, a leading digital asset custodian. This strategic alliance aims to bring a new level of transparency and accountability to the management of AERGO tokens, reinforcing Aergo’s commitment to a secure and […]

Bitcoin News

Urgent Challenge: Project Eleven Offers 1 BTC to Expose Bitcoin’s Encryption Vulnerability

Hold onto your crypto keys! A fascinating, and slightly alarming, challenge has emerged from the quantum computing realm. Project Eleven, a firm specializing in quantum technology, has thrown down the gauntlet, offering a hefty 1 Bitcoin prize. Their mission? To crack Bitcoin’s vaunted elliptic curve cryptography using the immense power of a quantum computer within […]

Blockchain News

Shocking Crypto Exploit: MEV Bot ‘Yoink’ Steals $200K in ETH from Wayfinder Airdrop

In a startling turn of events in the crypto world, a sophisticated MEV (Maximal Extractable Value) bot, ironically named “Yoink,” has successfully executed a heist, making off with approximately 119 ETH, equivalent to a staggering $200,000. This audacious act targeted Wayfinder’s PROMPT token airdrop, exposing a critical vulnerability in the distribution process. The incident, first […]

Blockchain News

KuCoin Secures SOC 2 Type II Certification: Elevating Crypto Exchange Security Standards

In the fast-evolving world of cryptocurrency, security and trust are paramount. For crypto enthusiasts and traders, knowing that their chosen platform adheres to the highest security standards is not just reassuring – it’s essential. Exciting news for KuCoin users: the popular crypto exchange has officially achieved SOC 2 Type II certification, a significant milestone that […]

Blockchain News

Safeguarding Crypto: Upbit & Bithumb Establish Powerful User Protection Reserves in South Korea

In a move designed to bolster user confidence and security within the volatile cryptocurrency market, South Korean giants Upbit and Bithumb are taking proactive steps. These leading crypto exchanges have announced the establishment of significant reserves specifically earmarked for user protection. This development comes as South Korea strengthens its regulatory framework for virtual assets, aiming […]