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As BingX Recovers from $43M Hack, Industry Rethinks Hot Wallet Risks and Cold Storage Solutions

Hot vs. Cold Wallets: BingX Hack Reignites Debate Over Crypto Security Strategies

Following the $43M BingX hack, the crypto industry is once again debating the security risks of hot wallets versus the safer but less convenient cold storage options. Experts urge exchanges and traders to reconsider asset management strategies as cyber threats become more sophisticated.

Paradex Users Affected After Mithril Trading Bot Compromise

Paradex users were affected after a security incident involving the Mithril trading bot exposed API keys used for automated trading. The exchange says its core systems were not breached and the issue was limited to a third-party tool.
Lykke Exchange Hack reported today

Lykke Exchange Hack: A Wake-Up Call for Cryptocurrency Security

The recent cyberattack on Lykke Exchange, resulting in a loss of over $22 million, highlights the ongoing threat of security breaches in the cryptocurrency industry. This incident underscores the urgent need for enhanced security measures and transparent communication to safeguard investor assets and maintain trust in digital asset exchanges.

Russian water supply company was hacked by Ukrainian attack team

Rosvodokanal, one of the biggest private water supply companies in Russia, was hacked by an Ukrainian attack team. According to the team's channel, they...

Crypto Shockwave: $26M Vanishes from FixedFloat Exchange!

In a shocking turn of events, few hour ago, the decentralized crypto exchange FixedFloat has confirmed a massive exploit, resulting in a loss of...
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