Signature Bank Suffers $4.27 Billion Crypto Deposit Outflows

Signature Bank, a New York-based commercial bank, published Wednesday its trading update for the mid-Q3 quarter of this year. The bank reported that deposit withdrawals from the bank totalled $4.27 bi...

Avalanche DeFi Staking Platform Suffers Flash Loan Attack

Avalanche-based DeFi staking platform – Nereus Finance – suffered a flash loan arbitrage attack. Decentralized exchange (DEX) Trader Joe and DeFi platform Curve Finance are also believed to have been ...

ZachXBT Suffers Burnout, but Heroic Sleuth Has No Plans to Quit Just Yet

Crypto sleuth ZachXBT is unsure how much longer he can continue to investigate crooks and con artists, telling his Twitter followers, “It has taken a toll on other aspects of my life.” The cryptocurre...

Signature Bank suffers $4.27B deposit outflows as crypto uncertainty takes hold

Signature Bank has released its mid-Q3 update showing a decrease in spot deposit balances attributed to crypto outflows totaling $4.27 billion. “Digital deposit outflows are driven by the recent “cryp...

Reality Bites: Cathie Wood’s Flagship Suffers Outflow

Ark Innovation ETF  (ARKK) , the flagship fund of renowned investor Cathie Wood’s Ark Investment Management, is finally starting to pay a price for its underperformance. Ark funds have tumbled in rece...

DeFi Exchange KyberSwap Suffers $265,000 Frontend Exploit

After the Curve Finance exploit last month, the decentralized exchange (DEX) KyberSwap joins the list of DeFi projects to suffer a front-end exploit. On Friday, the Kyber Network, the liquidity protoc...

DEX Protocol KyberSwap Suffers $265k Loss in Frontend Attack

KyberSwap, a decentralized exchange (DEX) aggregator and liquidity protocol, recently suffered a frontend exploit, losing $265,000 in the process. How Did It Happen? The KyberSwap team noticed that th...

DeFi protocol Kyber Network suffers frontend hack, loses $265K

Multi-chain DeFi protocol Kyber Network (KNC) revealed that it suffered an exploit on its frontend on Sept. 1, leading to a loss of $265,000 from two whale wallets. 1/ ❗️Notice of Exploit of KyberSwap...

DeFi Liquidity Hub Suffers Frontend Exploit

Kyber Network, the multi-chain DeFi liquidity hub has suffered an exploit, the team has announced.  According to the announcement, Kyber Network noticed a suspicious element on their front end and has...

BYD Chief Suffers $2 Billion Wealth Drop After Warren Buffett’s Berkshire Hathaway Cuts Stake

Wang Chuanfu, cofounder and chairman of BYD, attends a news conference in Hong Kong, China, on March 28, 2018. Billy H.C. Kwok/Bloomberg Wang Chuanfu, the cofounder and chief executive of BYD, saw his...

Rug Pull Almost Wipes out GameFi Project; DeFi Protocol Suffers Hack

A popular play-to-earn (P2E) GameFi project has seen its value plunge by 99% following a rug pull, while another decentralized finance (DeFi) platform has lost millions of dollars in a hack. According...

Sui blockchain creator Mysten Labs suffers Discord hack

The Discord server of Sui blockchain creators Mysten Labs has been hacked, according to a post on Saturday from the company. It is warning people not to click any links posted on the server in the eig...

China Suffers Another Dismal Month Of Steel Production

BEIJING, CHINA – OCTOBER 24: Chinese President Xi Jinping vote at the closing of the 19th Communist … [+] Party Congress at the Great Hall of the People on October 24, 2017 in Beijing, Chi...

3M stock suffers worst day since 2019 after judge denies protection from earplug lawsuits

3M Co. stock tumbled 9.5% on Friday, pacing the Dow Jones Industrial Average’s steep decline after reports indicated that a bankruptcy judge blocked a request from 3M that would have shielded the comp...

NFT exchange SudoRare suffers $800,000 ‘rug pull’ six hours after launch

SudoRare, a decentralized non-fungible token (NFT) exchange, has gone offline on Tuesday — six hours after it launched — with tokens worth over $800,000 removed from the platform’s wallet address. Dat...

BendDAO’s NFT-Collateralized Crypto Loan Platform Suffers a Bank Run, Prompting a Move to Avoid Another Liquidity Crisis

BendDAO – from a distance – looks like an old-school bank: Some customers deposit money into the decentralized finance (DeFi) platform, which loans the money out, giving depositors a cut of the intere...

Silicon Valley Tech Worker Suffers Loss Worth Over $1 Million to Crypto Scam

A new crypto scam that preyed on Silicon Valley investors that resulted in the loss of millions of dollars is busted in Bay Area, United States.  The crypto scam ‘Pig Butchering’ targets the vict...

“DeFi Hub of Polkadot” Suffers Major Hack

Alex Dovbnya The decentralized hub of the Polkadot network has suffered a security breach, which resulted in the de-pegging of the AUSD stablecoin Acala, the decentralized hub of the Polkadot network,...

BTC Price Suffers a Setback as It Faces Rejection at $24.2K

Bitcoin Is Repelled Thrice as It Faces Rejection at $24.2K – August 8, 2022 Bitcoin has revisited the $24,000 overhead resistance as it faces rejection at $24.2K. This will be the third time, the bull...

Fuel cell-powered truck maker Hyzon’s stock suffers record plunge after accounting questions raise delisting fears

Shares of Hyzon Motors Inc. were suffering a record plunge toward a record low Friday, after the maker of fuel cell-powered trucks disclosed a “myriad of issues,” including accounting regularities tha...

ZB.com Suffers Possible Hack, $4.8M Drained From Hot Wallet

Key Takeaways A possible hack has resulted in almost $5 million being drained from the ZB.com exchange’s hot wallet. The funds were siphoned in the form of more than 20 cryptocurrencies that were subs...

Solana Suffers Exploit — Close to 8,000 SOL-Based Wallets Have Been Compromised – Altcoins Bitcoin News

The Solana smart contract project is suffering from issues once again after it was discovered that close to 8,000 Solana-based wallets have been compromised. Solana is asking victimized wallet owners ...

Michael Saylor Ditches CEO Position As MicroStrategy Suffers $1 Billion Loss

Michael Saylor is vacating his position as MicroStrategy’s chief executive to become Executive Chairman, focusing on the company’s bitcoin strategy, according to a statement posted by MicroStrategy, T...

Nomad Bridge Suffers $190M+ Raid

Cross-chain bridge Nomad Bridge became the main target of hackers and…looters, and goodness knows what else… Nomad Bridge, a protocol that enables interactions between different blockchains, was hacke...

Solana suffers >8% as ongoing attack drains over 8k+ wallets

Imagine experiencing a robbery without knowing the culprit. Yes, quite an unfortunate scenario. Now, multiply this robbery by a multi-million dollar, think about the situation then. No wonder, you wil...

Solana Suffers Minor Service Outage as Thousands of Wallets Get Drained

Alex Dovbnya Solana is experiencing more technical issues after massive hack that affected thousands of wallets Solana, one of the key Ethereum competitors, started experiencing a minor service outage...

Nomad cross-chain crypto bridge suffers $190 million exploit

A possible exploit of the Nomad cross-blockchain bridge has resulted in the outflow of millions of dollars worth of crypto. The still-developing situation appears to have begun just after 5:30 EDT. In...

Nomad Bridge Suffers $190M Loss in Chaotic Copy-Paste Attack

In the early hours of August 2, Nomad bridge posted an alert that it was aware of an ongoing exploit. In the following hours, the entire protocol’s funds of more than $190 million were drained. Crypto...

Nomad Bridge Suffers ~$200M Exploit

Bridge exploits continue to prove to be a top concern across DeFi and crypto at large, as bridges time and time again have proven to be a major point of vulnerability. Enter once again another prime e...

Celsius Suffers Data Breach, Creates Window for Escalating Phishing Risks

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Celsius suffers Third-Party Data Breach as Phishing risks escalate

Celsius users should be alert for phishing scams after the Corporation disclosed that some of its client data had been compromised by a third party. Celsius customers were notified via email on July 2...

Katy Perry-Backed Spotify Competitor Suffers Hack

Alex Dovbnya The blockchain startup, which is backed by some industry heavy hitters, has suffered a governance attack Audius, a San Francisco-based audio streaming startup, has been exploited for 18.5...