The team also announced it was working on a voluntary compensation plan to reimburse 100% of funds to users affected by the exploit.
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Indian Crypto Exchange Wazirx Updates on Major Multisig Wallet Hack
Indian cryptocurrency exchange Wazirx has provided an update on the over $230 million security breach in its multisig wallet, which involved Liminal’s custody services. The
Read moreMissing words in a seed phrase: How many are recoverable?
Remembering and deliberately missing a few words from a seed phrase backup is not a good idea, as one can hack up to four words.
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Man Pleads Guilty in Meijer Loyalty Program Fraud Case, Forfeits Crypto
Nicholas Mui, 22, from Grand Haven, Michigan, has pleaded guilty in the 17th Circuit Court in Kent County to conducting a criminal enterprise, involving the
Read moreHong Kong flags 7 unregulated crypto exchanges for noncompliance
The Hong Kong Securities and Futures Commission added seven crypto trading platforms to its alert list for operating without licenses, raising concerns over investor safety.
Read moreCrypto exploits near $1.4B this year as hackers target CeFi — report
According to data from cybersecurity firm Cyvers, stolen funds on centralized exchanges increased 900% year over year in the second quarter.
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