Posts

Showing posts with the label coinexchange

CoinEX, Mark Cuban latest hack victims, BinanceUS faces workforce challenges, adoption skyrockets | Weekly Recap

This week, CoinEX and investor Mark Cuban were counting losses as hacks persisted. Despite these setbacks, Deutsche Bank, PayPal, and Franklin stepped into the crypto limelight.  A slew of hacks Much like the previous weeks, crypto-related hacks dominated the scene this week. Vitalik Buterin, co-founder of Ethereum, faced a cybersecurity breach on his X account.  Sadly, this breach resulted in significant financial losses, totaling $691,000 for unsuspecting users who fell victim to a phishing scam spread by the hackers using Buterin’s account. Shortly after the attack on Buterin’s X account, reports revealed that Seychelles-based crypto exchange Remitano had fallen victim to a hack, leading to up to $2.7 million in losses. The attack occurred on Sept. 14 and involved the movement of tokens such as USDT and USDC across three chains. Furthermore, hackers leveraged a flaw in GALA’s contract following the project’s recent upgrade which resulted in the cre...