Singapore-based crypto exchange Bitrue has lost millions of U.S. dollars’ worth of ether and other coins in a hack. The trading platform suspended withdrawals until early next week to conduct additional security checks and promised to compensate the affected users. Bitrue Exchange Loses Crypto Assets Due to Hot Wallet Exploit Cryptocurrency exchange Bitrue announced Friday…
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Authorities in Vietnam have caught and sentenced a hacker who stole money and data from a local cryptocurrency exchange. The man, who was arrested and charged for extorting the trading platform’s owner, has been ordered to return the money he misappropriated.
Vietnamese Court Jails Hacker for Attacking Crypto Exchange Website
A resident of Ho…
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The official Youtube channel of the South Korean government has been hacked on Saturday and those who did it, broadcasted a cryptocurrency-related clip. The video also featured billionaire and crypto enthusiast Elon Musk, local media reported quoting sources in Seoul. Hackers Air Interview With Musk via Korean Government’s Youtube Account The official Youtube channel of…
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Cryptocurrency exchanges have improved their security, though they’re still prone to hacking attacks. How can exchange operators handle such threats? Crypto investors have come to rely on crypto exchanges because they provide liquidity, a wide range of trading pairs and convenience. Given the great benefits offered by crypto exchanges, direct peer-to-peer transactions are still less…
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