Latest Crypto Security News

Multichain asks users to revoke approvals amid ‘critical vulnerability’

Multichain is asking users to revoke approvals to protect their assets amid a vulnerability that is currently being exploited.

Crypto.com Suffers Hack for At Least $15M in Ethereum

The crypto exchange has reportedly lost at least $15 million in Ethereum, and security experts believe the true losses could be mu...

Crypto.com (CRO) Restricts Withdrawals For All Users After Succumbing To Hack

Crypto.com has fallen victim to a hack. The crypto exchange announced this in the early hours of Monday after users complained of...

Sports NFT Marketplace Lympo Suffers An $18.7 Million Hack

The latest in the industry is the hacking of Lympo, a sports NFT platform and a subsidiary of Animoca Brands. Through hot wallet h...

Web3 Is Not a Scam, But It Can Feel Like One

My test drive of NFT metaverse game Axie Infinity shows Web3 has a long, long way to go.

North Korean Hackers Stole $400 Million in Cryptocurrency Last Year — Ether Accounts for 58% of Stolen Funds

North Korean hackers stole cryptocurrency worth about $400 million last year in at least seven major attacks on crypto platforms....

Volcanos, Bitcoin and remittances: A Tongan lord plans for financial security

A former lawmaker from the island nation wants to use Bitcoin to secure his country’s financial security.

‘Being a Currency and a Security Are Not Contradictory,’ Crypto Can Be Both: Monetary Historian

Franklin Noll, an academic and monetary historian, has asserted that crypto can be both a security and a currency. Pointing to the...

US Federal Trade Commission Warns Consumers About Falling for Crypto ATM Scam

The U.S. Federal Trade Commission (FTC) has warned consumers about scams involving cryptocurrency ATMs. “There’s a new spin on sca...

SEC Chair Gensler Discusses How Securities Laws Apply to Crypto Tokens — Won’t Say if Ethereum Is a Security

The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has explained how securities laws apply to crypto...

FTC issues public warning about new crypto ATM scam

The FTC has alerted everyone to stay vigilant of a new payment scam involving impersonators and crypto ATMs.

Animoca Brands’ Lympo NFT platform hacked for $18.7 million

The sports NFT minting platform suffered a hot wallet security breach across several project wallets, losing $18 million worth of...

SEC Chair Gensler Sidesteps Question About Ethereum's Status as a 'Security'

So is it "sufficiently decentralized" or not?

Is Ethereum a Security? Gensler Stutters Over Question Again

Animoca Brands-Owned Lympo Hacked, LMT & LYM Tokens Go on Wild Ride

Lympo, a developer of a sports non-fungible tokens (NFTs) ecosystem, confirmed that hackers stole LMT 165.2m (worth around USD 16....

Electric Car Owner Says His Hacked Tesla Model 3 Mined up to $800 a Month Mining Ethereum

According to the 2018 Tesla Model 3 owner, Siraj Raval, he mined up to $800 a month in crypto assets with his hacked-out electric...

Uppsala Security launches 2.0 version of its on-premise crypto threat management system

Uppsala Security, a provider of advanced tools and services for crypto AML, KYC, transaction tracking, and regulatory compliance a...

LCX Loses USD 8M in a Hot Wallet Hack

Crypto exchange LCX fell victim to a hack over the weekend that drained it of nearly USD 8m worth of digital assets. The hacker ma...