What we know about the Binance hack: Binance says the estimated total impact is around $6.3 billion and the verified total value of crypto frozen is $3 billion. This could increase as investigators trace …
Tag:
Losses
- Bitcoin & Ethereum
Binance Suffers $6.3 Billion Hack, Pledges to Cover All User Losses
by adminby adminBinance confirmed the incident but reassured that user funds will be covered in full. The world’s largest cryptocurrency exchange, by means of both users and trading volume across the board, has been hacked. Not …
Ledger has said it is working with authorities after users last week reported losing funds and one received a tampered device. But the company reassured customers that the number of impacted products was “limited.” …
Smaller Bitcoin transfers have reached levels not seen since the collapse of cryptocurrency exchange FTX amid an ongoing suspected Coldcard hack. Bitcoin transfers below 1 BTC climbed to their highest daily level since November …
- NFT & Metaverse
Minnesota Crypto ATM Ban Goes into Effect After Reported $1M Losses
by adminby adminCointelegraph is committed to providing independent, high-quality journalism across the crypto, blockchain, AI, and fintech industries. All news, reviews, and analyses are produced with full journalistic independence and integrity. For more details on our …
Dave Portnoy, founder of Barstool Sports, appeared on Fox Business’s Varney & Co. on July 5 to confirm he bought Bitcoin at approximately $100,000 and is currently sitting on millions of dollars in unrealized …
BitMine Immersion Technologies, the Ether treasury company backed by Fundstrat’s Tom Lee, has expanded its ETH holdings for the second time in as many weeks, even as large unrealized losses underscore the strategy’s risks. …
DeFi Market
Ledger investigates wallet drains involving CryptoBilis buyers; estimate tops $86 million in losses
by admin
by admin
Ledger said it is investigating reports of fund losses from users in Southeast Asia who bought its products from reseller CryptoBilis.
Altcoin Highlights
Hedera Network Reportedly Hit by Exploit With Losses Climbing Past $5 Million
by admin
by admin
Hedera (HBAR) has reportedly suffered an exploit, which caused losses of more than $5 million. Blockchain researcher Specter first flagged the incident on Saturday. The attacker moved stolen assets off Hedera and converted them …
NFT & Metaverse
IoTeX bridge exploit raises debate over losses and recovery prospects as CEO offers 10% bounty
by admin
by admin
IoTeX, a blockchain project focused on Internet-of-Things devices, offered a 10% white-hat bounty to the hacker or hackers who exploited a private key on its cross-chain bridge ioTube, siphoning millions of dollars, in exchange …
