Harpie Shuts Down: Unsustainable Business Model Leads to Crypto Security Firm’s Closure and Asset Transfer Plans Harpie, the crypto security firm dedicated to preventing wallet theft and hacks, has announced its closure, marking a significant moment in the crypto security landscape. Despite backing from industry giants, the firm struggled to maintain a sustainable financial model. […]
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ZachXBT Calls for Sweeping Government Regulations After Bybit Hack: Crypto Security in Crisis The recent Bybit hack, where North Korea’s Lazarus Group reportedly stole 401,000 ETH coins valued at $1.4 billion, has led prominent on-chain analyst ZachXBT to voice a stark warning about the state of crypto security. After tirelessly working to freeze the stolen […]
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Bybit Hit by Massive $1.5 Billion Ethereum Hack: A Wake-Up Call for Crypto Security Bybit, a leading cryptocurrency exchange, has suffered a massive security breach, with nearly $1.5 billion in Ethereum stolen from one of its cold wallets—a secure, offline storage method for digital assets. The incident, one of the largest digital heists in history, […]
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Jupiter Regains Control After MEOW Scam: A Closer Look at Crypto Security Jupiter, a prominent Solana-based decentralized exchange (DEX) aggregator, faced a significant security breach when its official X account was hijacked to promote the fraudulent MEOW meme coin. The scam led to substantial losses for traders, while also sparking a broader discussion on the […]
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Crypto Wallet Security Needs a Rethink Consider this: a crypto enthusiast loses their entire savings because someone managed to snatch their seed phrase at a coffee shop. This isn’t a rare occurrence—this is the reality of the flawed security system that we’ve been relying on for too long. Seed phrases pose a significant vulnerability. Recent […]
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WazirX’s Plan to Repay 80% of Stolen Funds Faces Community Skepticism The Singapore High Court has approved WazirX’s plan to repay 75% to 80% of the funds lost in a $234 million hack, but the crypto community remains skeptical of the lengthy three-month voting process. Singapore High Court approves WazirX repayment plan Community skeptical of […]
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Legendary Hacker Jokes That None of Your Crypto Assets Are ‘Safe’ Imagine waking up to a tweet from notorious hacker George Hotz, claiming your crypto assets are at risk. That’s exactly what happened when Hotz, known for his audacious exploits, playfully warned that no crypto assets are safe following OpenAI’s release of the o3 model. […]
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Ledger: A Decade of Championing Crypto Security Since its inception in 2014, Ledger has been a cornerstone in the cryptocurrency world, celebrating its 10th anniversary in 2024. With over 6 million customers globally, Ledger has solidified its position as a leader in hardware wallet solutions, continually pushing the boundaries of security and privacy in the […]
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Bison Enhances Crypto Security Through Partnership with Deutsche Bank Bison, the crypto trading platform operated by Boerse Stuttgart Group, has partnered with Deutsche Bank to safeguard user euro deposits. This move does not alter fees, limits, or transaction speeds for Bison users, and reflects a growing trend of traditional banks embracing the crypto sector. Bison […]
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CoinSwitch Promises Recovery Through Rewards for WazirX Hack Victims In July 2024, WazirX, a prominent Indian cryptocurrency exchange, fell victim to a cyberattack, resulting in hackers stealing over $230 million in digital assets. In response, CoinSwitch, another major player in the Indian crypto market, launched the ‘CoinSwitch Cares‘ program, offering a lifeline to affected users […]
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