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 managed to compromise one of the exchange's hot wallets over the Ethereum (ETH) blockchain,...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Crypto exchange LCX fell victim to a hack over the weekend that drained it of nearly USD 8m worth of digital assets.
The hacker managed to compromise one of the exchange's hot wallets over the Ethereum (ETH) blockchain, stealing high amounts of ETH, USD coin (USDC), EURe, and SAND Token....
Read More: LCX Loses USD 8M in a Hot Wallet Hack
Why this matters
This security story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptonewsRelated market context
Binance’s Reserve Page Shows 1.06 Billion More USDT Than Customer Balances After Hack Refill
Binance said on Nov. 12 it has finished covering all assets hit in its Oct. 29 hack, though customers can’t yet check that for the...
U.S. Targets $1.2 Billion From Binance Hack—Where Is the Rest?
The Binance hack recovery has reached a significant milestone: U.S. authorities say more than $1.2 billion in stolen cryptocurrenc...
US seizes $1.2 billion frozen after North Korean Binance hack
The US Department of Justice (DoJ) yesterday announced the seizure of $1.2 billion in cryptocurrency stolen from Binance last mont...
Binance Puts New Reserve Snapshot Under Scrutiny After $6.3B Crypto Hack
Key Takeaways: Binance states that assets affected by the hack of $6.3B are covered. There is now a new Proof of Reserves snapshot...
Visa Taps Anchorage Digital to Bring Western Union’s USDPT Into Stablecoin Settlement
Key Takeaways: Visa will provide its USDPT as an option for the settlement of stablecoins. USDPT is issued by Anchorage Digital Ba...
Bitget Hacker Moves $78.6M in Bitcoin, Sends $63.4M Through 66 CoinJoin Transactions
Key Takeaways: In six days, Arkham recorded a loss of 1,052.34 BTC valued at $78.61 million from wallets that were identified as b...