hack

Crypto Market Faces Turbulence Amid Nobitex Hack and Regulatory Developments

Crypto Market Faces Turbulence Amid Nobitex Hack and Regulatory Developments

The crypto market is still fighting an ascetic regulatory environment. This new industry faces considerable headwinds posed by intensified geopolitical tensions, tightening regulatory environment, and a recent cyberattack on Iranian crypto exchange Nobitex. This confluence of factors has led to heightened market volatility, with Bitcoin continuing to show strength as...

Ripple Hack: A $80M DeFi Wake-Up Call on Trust and Human Error

Ripple Hack: A $80M DeFi Wake-Up Call on Trust and Human Error

$80 million is at risk. Not merely hypothetical numbers on a screen, but actual, real world people’s investments locked up in XRP Ledger’s DeFi applications. We discuss blockchain, smart contracts, and decentralization as if they were the unbreakable walls of a castle. This Ripple hack? This should be a shocking...

Crypto Exchanges on High Alert After Bybit Hack Raises Security Concerns

Crypto Exchanges on High Alert After Bybit Hack Raises Security Concerns

The cryptocurrency community is still reeling after a $1.5 million security breach at Bybit. Hackers have absconded with an astounding $1.5 billion in stolen Ethereum. In the aftermath, this incident has rocked the industry to its core. It’s ignited immediate demands for better security standards, with serious implications regarding the...

Bybit's $1.5B Hack: Crypto's Wild West Needs a Sheriff

Bybit's $1.5B Hack: Crypto's Wild West Needs a Sheriff

The recent news of Bybit getting whacked for $1.5 billion in Ethereum would seem like a surreal fiction headline. Despite its reputation as a crypto wild west, this scenario is somewhere between a stagecoach robbery in daylight and embarrassing highway robbery. While the internet remains a revolutionary, enormous, democratizing force—akin...

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