coinbit

Coinbit Seizure: Why New Cryptocurrency Exchanges Conduct Wash Trading  

On Aug. 26, the South Korean newspaper Seoul Shinmun published a report stating that 99% of transaction volume was faked through wash trading on Coinbit, one of the largest cryptocurrency exchanges in ...
Security Boulevard
Hackers Steal $150 Million from Asian Cryptocurrency Exchange

Hackers Steal $150 Million from Asian Cryptocurrency Exchange

KuCoin, a Singapore-based cryptocurrency exchange, has disclosed a security incident that resulted in the unauthorized transfer of roughly $150 million in digital assets. In a notice published last week, KuCoin notified clients that it ...
U.S. Treasury Sanctions Russian Hackers for Stealing $17 Million in Crypto Cash

U.S. Treasury Sanctions Russian Hackers for Stealing $17 Million in Crypto Cash

This week, U.S. authorities sanctioned two Russian nationals for defrauding several cryptocurrency exchanges of a combined $17 million. The duo, who had several other accomplices, used phishing schemes to meet their goals, ...
Cryptocurrency Exchange Eterbase Loses $5.4 Million to Hackers Overnight

Cryptocurrency Exchange Eterbase Loses $5.4 Million to Hackers Overnight

A group of hackers on Monday night compromised cryptocurrency exchange Eterbase and raided six hot wallets to steal $5.4 million in Bitcoin, Ethereum, XRP, Tezos, Algorand, and TRON. The criminals transferred the ...
Coincheck cryptocurrency exchange targeted by hackers, customer emails exposed

Coincheck cryptocurrency exchange targeted by hackers, customer emails exposed

Japanese cryptocurrency exchange Coincheck has announced that earlier this week hackers managed to access some emails sent to the firm by its customers. Reading (with a little help from Google Translate) press ...
Bad actor steals $250,000 from Bisq users after faulty security patch

Bad actor steals $250,000 from Bisq users after faulty security patch

Bisq, a decentralized crypto exchange network, was forced to disable trading on Tuesday after the discovery of a critical security vulnerability. The open source peer-to-peer application allows Bitcoin aficionados to buy or ...
Hackers steal $32 million from Japanese cryptocurrency exchange Bitpoint

Hackers steal $32 million from Japanese cryptocurrency exchange Bitpoint

Trading crypto currency may land you a fortune overnight, but there are plenty of risks involved. Like forgetting the password to your wallet. Or someone hacking your computer to steal your funds ...
$40 million worth of Bitcoin stolen from Binance cryptocurrency exchange

$40 million worth of Bitcoin stolen from Binance cryptocurrency exchange

Binance, one of the world’s biggest cryptocurrency exchanges by trading volume, says that it has suffered a security breach that saw hackers steal more than $40 million worth of Bitcoin. A statement ...
Bitcoin drops 10% after hack of South Korean exchange service

Bitcoin drops 10% after hack of South Korean exchange service

CoinRail, a small cryptocurrency exchange service based in South Korea, reported on Sunday that it fell victim to a cyberattack and publicly confirmed it on Twitter. As a result, bitcoin prices collapsed ...