Mixin Network falls victim to $200 Million hack
A major security breach took place on a Sunday Night in Mixin Network, a decentralized cryptocurrency network, which resulted in a confirmed theft of $200 million. The hack has raised concerns within the crypto community regarding the security of decentralized systems. Further details are yet to emerge about the nature and extent of the breach. […]
Mark Cuban hit by hot wallet hack, loses $870,000 worth of crypto
Billionaire investor and Dallas Mavericks owner Mark Cuban fell victim to a hot wallet hack, losing approximately $870,000 worth of cryptocurrency. The hack was first identified by blockchain investigator Wazz, who noticed suspicious activity in one of Cuban’s wallets that hadn’t been used for several months. Within a ten-minute period, various assets, including USD Coin […]
Teen hacker faces DOJ’s $5.2 million Bitcoin demand and sports car seizure
The U.S. Department of Justice is pursuing the return of $5.2 million in Bitcoin and a sports car from a teenage hacker who stole the funds from crypto executives four years ago. Ahmad Wagaafe Hared, along with two accomplices, engaged in a SIM-swapping scheme between 2016 and 2018, where they deceived cell phone carriers to […]
U.S. Government takes control of $2.46 billion Bitcoin- what’s next?
The U.S. Government is believed to have control over the 5th largest Bitcoin wallet, which holds 94,643 BTC worth approximately $2.46 billion. This wallet is linked to the 2016 Bitfinex hack. It was recently discovered that on February 1st, 2022, around 567.5 BTC, valued at approximately $21.88 million, was transferred from the wallet known as […]