A jaw dropping $90 million disappeared from Nobitex, Iran’s biggest crypto marketplace, and the crypto confetti is still raining down. Heck, even the blame-shifting has begun, with suggestions of Israeli complicity and the shadowy group as “Predatory Sparrow” taking credit. The true tale is more than just who done it—it’s...
The announcement that KiloEx has indeed managed to recover all $7 million stolen in a recent hack would be welcome news under any circumstances. KILO token surged. White hats are getting paid. A happy ending, right? Wrong. Though the recovery has been successfully accomplished, heralding it as a glorious triumph...
The world of cryptocurrency is no stranger to security breaches, but the recent hack of ZKsync has sent ripples throughout the market. BlockTraderHub.com takes a look at what transpired and why it’s important. We further unpack what this bodes for the future of this popular scaling solution. This article goes...
The ZKsync hack. It might be tempting to chalk it up as merely another crypto debacle, another technical crack in the matrix. That’s letting them off the hook. Looting over 111 million ZK tokens ($5 million) is a stark abdication of responsibility. As a reminder, this incidence is based on...
It’s been a very trippy week in the world of cryptocurrency. With some tokens experiencing double-digit percentage drops in price, a leading centralized exchange getting hacked, and new regulatory actions shaking the scene in the United States, digital assets ranging from EOS to Near Protocol (NEAR) took a major beating....
