Insider trading is the buying or selling of securities by an individual who has access to material, non-public information about a company. This type of trading is illegal because it undermines the integrity of the financial markets and gives an unfair advantage…
Introduction Just like any other financial market, DeFi is also susceptible to scams and fraud. Rather than turning away from the benefits of crypto trading out of fear of these frauds, it is best to learn about them. This article is going…
Platypus is one of the most famous decentralized platforms. But most recently Platypus has suffered a loss of $8.5 million due to the flash-loan attack. But the top leadership of Platypus was able to locate the hackers and successfully recovered the funds,…
On Monday, Reuters saw a confidential United Nations report, which said that more crypto assets were stolen by North Korea in the previous year than any other. The report also disclosed that the North Korean hackers had targeted the networks of foreign…
The Gemini exchange has recently become a hot topic among cryptocurrency users due to the data breach it faced. While the exchange claims that the data breach occurred earlier this month, the cryptocurrency users have their own claims to make. The users…
Reports from a local source revealed that a sum of $438k worth of crypto and FT was recently stolen from unsuspecting victims in a fake raffle scam. The perpetrator was said to have hacked into a famous NFT artist, Mike Winkelmann’s twitter…
Following several hacker exploits, the hugely expected launch of TheShifters NFT collection has been postponed. TheShifters.io had announced that it would launch a new project featuring a new series of NFT collections at the beginning of this year. However, the launch will…
Mintable, an NFT market,has retrieved three NFTs that were stolen in last week’s OpenSea hack and restored them to their actual owners. According to the company, Azuki #4176, #1180, and #1178 were purchased for around 13.35 ETH apiece and restored to their…
The cross-chain bridge was able to retrieve about half of the entire funds stolen and has developed a compensation scheme for affected users. Multichain, formerly Anyswap, is a cross-chain router technology that allows users to swap cryptocurrency between chains while lowering fees…
DeFi exploit dominated 2021, and 2022 is already following in its footsteps. This year has recorded a number of crypto hacks already, and the latest platform to be exploited is cross-chain protocol Wormhole. Yesterday, Wormhole tweeted about a potential crypto hack in…
