Security

Singapore-based crypto exchange BingX suffered a ‘minor’ asset loss after hackers targeted one of its hot wallets.

Decentraland's official X account was hacked, which allowed the attackers to distribute a phishing link masquerading as a MANA token airdrop.

Scammers are taking advantage of Solana's "Permanent Delegate" feature to burn users' tokens shortly after purchase.

Throughout the month of August, more than 10 cyber attacks hit the crypto industry, and resulted in losses worth more than $313 million.

The crypto community was left reeling after the official Discord servers of Polygon, Avalanche and ZKsync were hacked to spread malicious links.

Scammers stole $700K in Solana after hacking into the Instagram account of McDonald’s and promoting a fraudulent token named GRIMACE.

ASIC also pointed out that investors are in danger because of the growing threat of AI and deepfake technology.

Chainalysis reported that the overall illegal crypto transactions declined by over 19% year-to-date, but there has been a concerning increase in losses due to hacks and ransomware.

Bitrace shared that at least 27 wallet holders lost more than $120K in USDT to the scam between July 11 and July 17.