5 matches found
Email crypto phishing scams: stealing from hot and cold crypto wallets
The higher the global popularity of cryptocurrencies and the more new ways of storing them, the wider the arsenal of tools used by malicious actors who are after digital money. Scammers tailor the complexity of technology they use and the thoroughness of their efforts to imitate legitimate websit...
Cold wallet, hot wallet, or empty wallet? What is the safest way to store cryptocurrency?
In August of 2021, a thief stole about $600 million in cryptocurrencies from The Poly Network. They ended up giving it back, but not because they were forced to. Slightly more than one week later, Japanese cryptocurrency exchange Liquid was hacked and lost $97 million worth of digital coins. Thes...
Cryptocurrency Firm Loses $145 Million After CEO Dies With Only Password
QuadrigaCX, the largest bitcoin exchange in Canada, has claimed to have lost CAD 190 million nearly USD 145 million worth of cryptocurrency after the exchange lost access to its cold offline storage wallets. Reason? Unfortunately, the only person with access to the company's offline wallet, found...
Cryptocurrency Firm Loses $145 Million After CEO Dies With Only Password
QuadrigaCX, the largest bitcoin exchange in Canada, has claimed to have lost CAD 190 million nearly USD 145 million worth of cryptocurrency after the exchange lost access to its cold offline storage wallets. Reason? Unfortunately, the only person with access to the company's offline wallet, found...
$1.75 Million in Bitcoin Stolen from Chinese BTER Bitcoin Exchange
The most popular Chinese Bitcoin exchange BTER announced that it has been hacked on Valentine’s Day and lost more than £1.1 Million-worth $1.75 Million; one BTC is about $270 of the digital currency. The Bitcoin Exchange hasn't revealed more details about suspects behind the breach or how the col...