Tag: Coinex

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Fake Crypto Recovery Service Operator Arrested and Charged

The Homeland Security Investigations New York has charged Michael Lauchlan for running a fraudulent cryptocurrency recovery service, Coin Dispute Network (CDN), that scammed customers out of their ethereum. Lauchlan convinced clients he could recover lost cryptocurrencies but pocketed the fees and took additional ethereum. He was arrested in Las Vegas. Fraudulent Cryptocurrency Recovery Business Operator…
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‘Epic Satoshi’ From Bitcoin’s 4th Halving Fetches Over $2.13 Million at Coinex Auction

The renowned ‘epic satoshi’ from the fourth halving block, also known as Sat # 1,968,750,000,000,000, fetched a price of 33.3 bitcoins, valued at just over $2.13 million on Thursday afternoon Eastern Standard Time. This satoshi, the smallest denomination of BTC, was sold for an astonishing 338 billion percent more than the typical value of a…
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Exclusive ‘Epic Satoshi’ Auction Launches, Bids Already Double to 2 BTC

Coinex has launched the auction for the ‘epic satoshi’ from the fourth halving, originally mined by the mining pool Viabtc. This event, marking Sat # 1,968,750,000,000,000, commenced with a starting bid of 1 bitcoin. Following ten subsequent bids, the highest offer has reached 2 bitcoins ($132,298). This heightened interest in the rare satoshi is tied…
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Crypto Exchange Coinex Set to Auction ‘Epic Satoshi’ From Halving Block for 1 BTC Minimum

At 8:09 p.m. ET on April 19, 2024, the mining pool Viabtc successfully excavated block 840,000. This block notably encompassed 37.625 bitcoins from transaction fees, alongside a 3.125 bitcoin reward. This significant block also included a rare bitcoin element known as the “epic sat,” which some estimations value highly. On Monday, Viabtc Group’s exchange Coinex…
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Lazarus used ‘KANDYKORN’ malware in attempt to compromise exchange —Elastic

Lazarus members posed as engineers and fooled exchange employees into downloading difficult-to-detect malware. Lazarus Group used a new form of malware in an attempt to compromise a crypto exchange, according to an October 31 report from Elastic Security Labs. Elastic has named the new malware “KANDYKORN” and the loader program that loads it into memory…
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CoinEx to Resume Withdrawals of Certain Cryptos Following Security Breach

Cryptocurrency exchange CoinEx, that fell victim to a hack last week, is set to start its deposit and withdrawal services for major cryptocurrencies including Bitcoin (BTC), Ether (ETH), Tether (USDT) and USD Coin (USDC), from September 21. Per an official update on Wednesday, CoinEx said that it is working to complete the reconstruction and deployment…
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3 steps crypto investors can take to avoid hacks by the Lazarus Group

The Lazarus Group has mastered the art of stealing crypto investors’ assets. Here are a few tips on how investors can protect their portfolios. Cryptocurrency users frequently fall prey to online hacks with Mark Cuban being just the latest high-profile example how nearly a million dollars can leave your digital wallet. It is possible to substantially…
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Lazarus Group Suspected in $54M Coinex Hack Following Recent Stake.com Breach

The North Korean hacking syndicate Lazarus Group was likely behind the recent Coinex hack on Tuesday, according to onchain analyst Zachxbt. He revealed that the hackers inadvertently connected the funds to the recent Stake.com breach. North Korean Hackers Potentially Net $95M in a Week On Tuesday, Coinex was hacked, losing about $54 million, which included…
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By The Numbers: How Much Crypto Has Been Lost In The CoinEx Hack So Far

On Tuesday, September 12, centralized crypto exchange CoinEx became the latest victim of a hack. At the time of the reports, over $27 million in crypto had already been carted away by the attackers. However, almost 24 hours later, the reports rolling in suggest that the exchange may have lost double the amounts that were…
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CoinEx Crypto Exchange Hit by $28 Million Exploit, Four Hot Wallets Drained

On September 12, CoinEx, a cryptocurrency exchange, experienced a suspected attack following a substantial outflow from four of its hot wallets, which was promptly detected and reported by the blockchain security firm Cyvers. According to Cyvers Alert, the breach resulted in losses exceeding $27 million across the hot wallets. … Read More: CoinEx Crypto Exchange Hit…
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