Page 4 - Crypto Hack News Today

"We ask for your understanding that it is difficult to confirm the resumption point of deposit and withdrawal as the investigation is currently underway," South Korea-based cryptocurrency exchange

FTX's new CEO John J. Ray III also said his first 48 hours in charge of FTX were "pure hell," according to court testimony reported by Coindesk.

Attackers did not access customer data in the August breach, but some source code and technical info were reportedly stolen and used to carry out the recent attack.

Fears of an FTX contagion continue to spread through the crypto sector, hitting major tokens like ether and bitcoin and sparking sell-offs.

Administrators claim that the cryptocurrency exchange FTX has been hacked and that hundreds of millions of dollars have been transferred out of the wallets.

More than a $1 million drained from San Diego man's crypto account; More than 11,000 transactions were executed in a 5-hour period.

More than a $1 million drained from San Diego man's crypto account; More than 11,000 transactions were executed in a 5-hour period.

A report by Chainalysis estimates crypto hackers have gotten away with $1.9 billion from January to July of this year.

Cybercriminals have stolen around $1.4 billion crypto funds so far this year by attacking cross-chain bridges.

"The threat landscape right now is as bad as I think it has ever been when it comes to financial theft," a cybersecurity analyst said.