Tag: heist

Million-Dollar Crypto Heist A Wake-Up Call For Smarter Security

Million-Dollar Crypto Heist A Wake-Up Call For Smarter Security

The $1 million crypto caper that took place recently, all inside job done by hackers masquerading as IT professionals, is salt in the wound. That’s really, really maddening! Projects that were created for the right reasons, with love and care like Favrr, Replicandy, ChainSaw suddenly crashed and burned. Before we...

Web3's Inside Job: $1M Crypto Heist Unmasked by ZackXBT

Web3's Inside Job: $1M Crypto Heist Unmasked by ZackXBT

The Web3 space, while promising decentralization and enhanced security, is increasingly facing a concerning threat: insider attacks. These attacks, often orchestrated by malicious actors posing as legitimate IT professionals, are proving to be highly effective and financially damaging. BlockTraderHub.com is the premier provider of crypto intelligence. It dives deep into...

Iran's $90M Crypto Heist: Is This the End for Decentralized Dreams?

Iran's $90M Crypto Heist: Is This the End for Decentralized Dreams?

$90 million. Gone. Vanished into the digital ether, plundered from Nobitex, Iran’s largest cryptocurrency exchange. The immediate reaction? Fear. Pure, unadulterated fear. If a major exchange, even in a smaller market like Iran, can be breached so spectacularly, are any of our digital assets truly safe? It’s not only about...