Cryptosecurity news and trends

North Korea Hack Nets $625M on Heels of Crypto Developer Sentencing

April 14, 2022
Hackers Attack Elephant Money DeFi Platform, Steal Over $11M
Cryptocurrency // April 13, 2022

Elephant Money, the DeFi protocol behind the ELEPHANT token, has said hackers have stolen $11.2 million worth of Binance Coin, a report said. The company was reportedly facing an “automated attack” on its treasury. In a Medium post, the company founder said they’re addressing the...

Cryptocurrency Is Opportunity for Scammers, Bank of England Governor Declares
Cryptocurrency // April 04, 2022

Bank of England Governor Andrew Bailey says cryptocurrencies are the top of the list for criminal scams regulators are fighting back against, Bloomberg wrote Monday (April 4). Bailey was speaking at a “Stop Scams” conference organized by the central bank, and he said the technology...

Quick Reads
Hackers Attack Elephant Money DeFi Platform, Steal Over $11M

April 13, 2022
Elephant Money, the DeFi protocol behind the ELEPHANT token, has said hackers have stolen $11.2 million worth of Binance Coin, a report said. The company was reportedly facing an “automated attack” on its treasury. In a Medium post, the company founder said they’re addressing the issue in partnership with CertiK, a blockchain security company, and […]

Cryptocurrency Is Opportunity for Scammers, Bank of England Governor Declares

April 04, 2022
Bank of England Governor Andrew Bailey says cryptocurrencies are the top of the list for criminal scams regulators are fighting back against, Bloomberg wrote Monday (April 4). Bailey was speaking...