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Singapore Crypto Exchange BingX Suffers Hot Wallet Exploit, Over $52M Reportedly Stolen

BingX, a Singapore-based crypto exchange, has suffered a hack targeting its hot wallets. The attack affected several blockchains, with Cyvers Alerts estimating a total loss of over $52 million. BingX Confirms Hot Wallet Hack The incident was initially detected by blockchain security firm PeckShield, which reported a “suspicious significant fund outflow” from the exchange totaling…

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Hackers Steal $243 Million In Bitcoin Scam

Blockchain detective ZachXBT has exposed another set of hackers who used a social engineering scam to steal over $240 million in Bitcoin from a wealthy victim. The investigator said that both his efforts and the criminals’ own blunders have already led to “multiple arrests and millions frozen.” Scammed For 4000 BTC In mid-August, the scammers…

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Indonesia’s Largest Centralized Exchange Suffers $18 Million Exploit: Report

Indodax, Indonesia’s largest centralized cryptocurrency exchange, has reportedly suffered an exploit resulting in a total loss of $18.2 million. Following the incident, the team acknowledged the security breach and temporarily suspended operations for maintenance, reassuring users that their funds remained safe. $18.2 Million Exploit On September 11, Cyvers Alerts took to X to notify the…

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This is How N. Korea is ‘Aggressively’ Attacking the Crypto Industry, According to the FBI

The United States Federal Bureau of Investigation (FBI) has issued a paper alerting the public of “aggressive” attacks from North Korean hackers against the crypto industry and companies associated with digital asset investment products. According to the report, these attacks consist primarily of sophisticated social engineering tactics that even crypto employees and market participants well-versed…

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Hackers Hijack Kylian Mbappe’s X Account to Promote Crypto Scam: Report

The X account of French football star Kylian Mbappe was reportedly hacked on August 29, with the attackers posting multiple messages promoting a suspicious cryptocurrency named ‘$MBAPPE.’  The posts, which also included opinions on contentious topics such as the Israel-Palestine conflict, caught the attention of many, leading to significant financial losses for some. Investor Loses…

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McDonald’s Instagram Hacked to Promote Solana-Based Scam Meme Coin ‘Grimace’

McDonald’s Instagram page was reportedly hacked on August 21, leading to a significant scam involving a Solana-based meme coin. The perpetrators exploited the fast-food chain’s social media account to promote a fraudulent token named “Grimace,” referencing one of McDonald’s fictional characters featured in its advertisements. Bubblemaps’ findings reveal that the hacker acquired 75% of the…

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