Crypto Security Incidents

This category covers significant security events, breaches, and scams in the cryptocurrency and blockchain world. It includes reports on major exchange hacks, fraud schemes targeting crypto investors, and security warnings from industry leaders. Articles here keep readers informed about the latest threats in the crypto space, helping them stay vigilant and make informed decisions about their digital assets.

Ronin Network Bridge Exploit: A $12 Million Lesson in Blockchain and Smart Contract Security

On August 6th, 2024, the cryptocurrency world witnessed another significant security breach as the Ronin Network Bridge fell victim to a sophisticated exploit. This incident resulted in the loss of $12 million, comprising $2 million in USDC and 4,000 ETH. The attack, executed by an MEV-bot, exploited a vulnerability

BlackRock Issues Warning on Increasing Crypto Scams Targeting Bitcoin and Ether ETF Investors

Asset management giant BlackRock has recently issued a stark warning to investors about a surge in crypto scams targeting holders of its iShares spot Bitcoin and Ether ETFs. This caution comes amid the growing popularity of these ETFs, which have garnered significant investment since their launch. The incident highlights the

WazirX Cryptocurrency Exchange Loses $230 Million in Major Security Breach

Indian cryptocurrency exchange WazirX has confirmed a significant security breach resulting in the theft of $230 million in cryptocurrency assets. The breach highlights ongoing vulnerabilities in the crypto sector and raises questions about the security of digital asset custody solutions and the importance of smart contract audits. Details of the