As the market soared in July, crypto hacks also saw a significant increase from the previous month, with crypto exchanges losing over $100 million in the past 30 days. This follows a concerning trend that has been developing this year, which suggests that theft from digital asset services could reach a new milestone by the…
The team behind the DeFi protocol CrediX is suspected of an exit scam following a recent $4.5 million security breach. The team has reportedly “vanished” from the project’s official channels despite promising refunds, leaving customers empty-handed. Related Reading DeFi Protocol Suffers $4.5 Million Exploit On Friday, security firm CertiK reported that the DeFi lender CrediX’s…
As we approach the final day of a massive year for the crypto industry, a recent report revealed that the sector has lost nearly $3 billion amid the emergence of new trends from malicious actors and growing security complexities. Related Reading 2025 Crypto Losses Increase By 45% On Tuesday, blockchain security firm SlowMist shared its…