Alphapo payment provider hack now estimated at over $60M — ZachXBT

The alleged Alphapo payments provider hack of July 23 is now estimated to have caused losses exceeding $60 million, according to a July 25 report from on-chain sleuth ZachXBT. The loss was previously reported at roughly $31 million. Hack update: An additional $37M stolen on TRON & BTC from this hack has been located. This [...]

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Alphapo Hot Wallets Drained of Over $23M in BTC, ETH and TRON

Alphapo, a payment processor for various gambling services, reported a breach of their hot wallets today, July 23, 2023. The breach resulted in a loss of over $23 million in Ethereum (ETH), TRON (TRX), and Bitcoin (BTC) cryptocurrencies. (Read More)

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Metamask addresses privacy concerns with new features for enhanced control

The new features allow a user to manage which servers are able to receive their IP address.

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Huobi Reveals its Holdings to be $3.5B in Hot and Cold Wallets

Huobi has joined other exchanges in releasing its Proof-of-Reserve (Read More)

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World’s Biggest Options Exchange, Deribit, Loses $28 Million In Hot Wallet Hack, Pauses Withdrawals

Deribit, the largest cryptocurrency options exchange, has paused all withdrawals to third-party custodians after losing $28 million worth of crypto in a hot wallet hack.

Continue reading World’s Biggest Options Exchange, Deribit, Loses $28 Million In Hot Wallet Hack, Pauses Withdrawals at DailyCoin.com.

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Solana-hacked crypto could be claimed as a tax loss: Experts

Australian, Canadian & U.K. crypto investors may potentially claim hacked crypto as a tax loss, but U.S. investors will miss out, according to tax experts.

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First-Class Bitcoin Self-Sovereignty Using SeedSigner

How an open-source Bitcoin signing device can change lives. SeedSigner provides an alternative for people to use bitcoin in economically oppressed countries.

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Defiance Capital Founder Arthur Falls Victim to a Hot Wallet Hack Losing More Than $1.6M

Arthur Cheong, the founder of DeFiance Capital, was recently the target of a hot wallet assault. A total of $1.6 million in crypto and NFTs was lost due to the breach. The crypto community has rallied to Arthur’s aid, supporting him in recovering his funds. The community also asked that the hacker’s wallet be blocked. […]

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Days After Alleged $33M Hack, Crypto.com Is Still Silent

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At Least $150M Stolen by Hackers: BitMart CEO Confirms; While Security Firm Estimates More

BitMart experienced a large-scale security breach in which hackers were able to withdraw assets valued at up to approximately $150m, according to the cryptocurrency trading platform's CEO. (Read More)

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Coldcard: The Most Hardcore Bitcoin Hardware Wallet?

The Coldcard Wallet is a cold storage hardware Bitcoin-only wallet. But, is it hardcore enough for you?  Covered: What Is Coldcard Wallet? Coinkite, The Company Behind The Wallet Coldcard: Bitcoin-Only Wallet Coldcard Software What Is Coldcard Wallet? Where to store your precious digital gold is an important decision. Most bitcoiners opt for cold storage hardware […]

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How to Secure your Crypto with a Ledger Cold Wallet

Storing your Crypto securely can be the most important thing you ever do in the space. The first thing you must understand is the difference between a hot wallet and a cold wallet. A hot wallet is one that is connected to the internet, such as Metamask. When leaving your crypto treasure in a hot […]

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Bitcoin ATM maker shuts cloud service after user hot wallets compromised

Bitcoin ATM manufacturer General Bytes has shuttered its cloud services after discovering a “security vulnerability” that allowed an attacker to access users’ hot wallets and gain sensitive information, such as passwords and private keys. The company is a Bitcoin (BTC) ATM manufacturer based in Prague, and according to its website, has sold over 15,000 ATMs [...]

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Bitrue Exchange’s Hot Wallets Breached; Estimated Loss Over $22M

Crypto exchange Bitrue came under a brief exploit that targeted one of its hot wallets on 07:18 [UTC], 14 April 2023. During the onslaught, the unknown attackers made off with assets valued at around 23 million USD in the following currencies: ETH, QNT, GALA, SHIB, HOT, and MATIC. According to leading blockchain expert PeckShield, Bitrue […]

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Crypto exchange Bitrue suffers $23M hack due to hot wallet exploit

Bitrue executives promised to fully compensate all the identified users affected by the hot wallet hack that accounted for 5% of all funds on the exchange.

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Crypto exchange Bitrue suffers $23M hack due to hot wallet eploit

Bitrue cryptocurrency exchange has suffered a hot wallet exploit that allowed the attackers to withdraw various crypto assets worth nearly $23 million. Announcing the news on April 14, Bitrue said that it had to temporarily suspend all withdrawals due to a “brief exploit” of its hot wallet. The firm expects to reopen withdrawals on April [...]

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