WazirX has suffered a major security breach on one of its multisig wallets, resulting in losing $230 million in customer funds. The crypto exchange disclosed the incident in the early hours of Thursday, July 18, and noted that its...
The Washington State Department of Financial Institutions (DFI) has issued a critical warning about an emerging cryptocurrency scam that preys on unsuspecting victims through the guise of educational institutions. This sophisticated fraud operation involves scammers posing as business "professors"...
The Australian Transaction Reports and Analysis Centre (AUSTRAC) has highlighted the uptick in the use of cryptocurrencies and related services for criminal activities in a recent report on money laundering trends. The 2024 AUSTRAC Money Laundering National Risk Assessment...
John Bigatton, a promoter of the crypto platform BitConnect, was convicted by a district court in one of Australia's biggest cities, Sydney, for providing unlicensed financial advice. Though found guilty of violating section 911B(1) of the Corporations Act 2001,...
Dough Finance has become the latest victim in a series of exploits targeting the crypto world. Blockchain analytics platform Certik Alert reported that the DeFi protocol suffered a loss of nearly $1.8 million worth of USDC, with subsequent attacks...
A security vulnerability affecting Squarespace domains has exposed numerous DeFi protocols to phishing attacks, prompting industry experts to issue warnings and advice to users. On July 11, blockchain investigator ZachXBT alerted the community via Telegram about Compound Finance's website...
DeFi protocol Compound Finance has acknowledged a breach of its website, confirming an ongoing cyber attack. The incident was reported by blockchain security firm PeckShield Alert on Thursday, July 11, via an X post. PeckShield urged users to avoid...
