IoTeX was hacked after attackers compromised a private key. Millions in crypto were moved as the team works to contain the incident.
Crypto hackers had a busy year in 2024, and cybersecurity experts warn that continued advances in artificial intelligence could bring new attack vectors in 2025. Losses from crypto scams, hacks and ...
IoTeX got compromised as the private key tied to a token safe associated with it gave an attacker unauthorized access. This led to a multi-million dollar drain across several assets, according to ...
Japanese cryptocurrency exchange DMM Bitcoin is preparing to wind down its operations following a massive $320 million loss in Bitcoin due to a private key hack in May. The breach left the company ...
Relying on one person for private key access creates significant organizational risks and can lead to catastrophic losses. Using unverified tools puts cryptocurrency assets at risk of exploitation and ...