The UK-based Lykke crypto exchange suffered an exploit that saw more than $23.6 million stolen from the platform. The platform shut down trading two days later, and some customers reported seeing balances of 0 in their accounts.The theft was first noticed by outside researchers, who saw the suspicious outflows and accused the platform...

The defi lending protocol UwU Lend was hacked for around $20 million. After various blockchain security firms observed suspicious outflows of funds, the protocol acknowledged there had been a "situation" on their Twitter account, and wrote that they had paused the protocol while they were investigating.UwU Lend was founded by Michael...

Although Loopring markets its wallet application as "Ethereum's most secure wallet", that's evidently a pretty low bar. They disclosed that they had suffered a breach in their wallet recovery service, which allows individuals to designate trusted entities to recover assets or freeze compromised accounts. An attacker was able to "recover"...

A blockchain developer posted on Twitter that he had lost almost $50,000 after his cryptocurrency wallet was drained. He explained that he had been working on a software project on Github in a private repository that contained his wallet's private key. In order to apply for a funding grant from the Optimism project, he had to make...

The New York Attorney General’s office has sued Cynthia and Eddy Petion over two allegedly fraudulent cryptocurrency pyramid schemes called AWS Mining and NovaTech. They particularly targeted victims of Haitian descent, promoting their schemes in Creole, leveraging their victims’ religion, and promising them “financial freedom” and...

Widong "Bill" Guan, Chief Financial Officer of the far-right Epoch Times media company, has been indicted on money laundering conspiracy and bank fraud charges for his alleged involvement in a cryptocurrency scam and money laundering operation. According to the Justice Department, Guan used cryptocurrency to purchase prepaid debit...