Earlier this month, crypto exchange Poloniex was hacked. At the time of the hack, there was not enough information available to determine the real extent of the damage caused by the security breach.

Private key compromises led crypto hack losses over the past decade as recent DeFi exploits show attackers moving beyond smart contract bugs. Private key compromises are emerging as one of crypto’s ...

GK8’s report shows that cybercriminals now use a professionalized ecosystem of malware, automated seed-phrase parsers, and darknet tools to steal and monetize private keys at scale. Hackers no longer ...

Smart contracts are no longer the biggest concern, as hackers are vying for easier targets, such as private key leaks. Cryptocurrency hackers and exploiters might be poised for a more successful year ...

On 18 November 2023, Kronos Research announced, via social media platform X, that unauthorized access to their API resulted in “a loss of approximately $26 million.” As noted in an update shared by ...

Japanese cryptocurrency exchange DMM Bitcoin is preparing to wind down its operations following a massive $320 million loss in Bitcoin due to a private key hack in May. The breach left the company ...

Decentralized exchange Clipper has revealed that a vulnerability in its withdrawal function enabled a $450,000 hack on its platform, refuting claims of a private key leak as alleged by external ...

Changpeng Zhao, better known as CZ and famed founder of Binance, laid down what he described as a “non‑negotiable” security principle for hardware wallets. He cautions that the private key must never ...