Binance to Build a $1 Billion Insurance Fund to Counter Hacks: Report
Binance on January 29 also restricted 281 personal Nigerian accounts, with approximately 38% of these at the request of international law enforcement.
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Binance on January 29 also restricted 281 personal Nigerian accounts, with approximately 38% of these at the request of international law enforcement.
The platform, that connects lenders and borrowers, offers hackers $2 million to return the loot.
Crypto.com was breached by hackers, leading to major loss of funds stored in Ether. While an investigation has been initiated in the case, CEO Kris Marszalek claims to have hardened its security infrastructure following the hack attack. Details on the type of hack remains unknown.
A loophole in the protocol’s user interface is being doubted as the entry point for the attackers. Internal as well as external investigations in the case are going on.
Hackers have stolen nearly $120 million from multiple cryptocurrency wallets connected to the decentralised finance platform BadgerDAO.