All by tag: Cybercrime

BJ Kang will oversee all aspects of the crypto exchange’s user protection activities

The Singapore unit will help member countries prevent illegal activities related to digital assets

The project team suspended the operation of the platform and started an investigation into the incident

According to cybersecurity company PeckShield, the service had already been used at least three times by attackers after the restrictions were imposed

In this, the user agreed to the community’s offer to return part of the withdrawn funds

How hackers withdraw billions of dollars in cryptocurrency from decentralized protocols

The management of the project noted that they will not initiate a criminal investigation after the return of part of the tokens

The attackers used the FTX crypto exchange’s hot wallet address to sponsor the attack

The governance token, MNGO, reacted with a 40% drop

The October 7 exploit resulted in a loss of more than $100 million

The suspected company offered investors returns of up to 20% per month on investments in digital assets

Questions will be raised about freezing stolen assets on hackers’ accounts and burning part of BNB tokens to cover the damage