Tag: #CryptoTheft
WazirX, a leading cryptocurrency exchange, has approached its former partner Binance for assistance following a devastating $230-million cyberattack. Industry sources reveal that Binance holds significant control over WazirX’s revenue and WRX tokens, which has complicated WazirX’s ability to reimburse affected customers. As of July 18, the date of the hack, Binance held WRX tokens worth […]
Security flaw exploited, ethical hacking debate reignited. Popular cryptocurrency exchange Kraken fell victim to a $3 million theft in June 2024. The culprit? An individual claiming to be a security researcher who exploited a critical vulnerability for personal gain. The Exploit The attacker identified a flaw in Major Crypto Exchange Kraken’s system that allowed them […]