CRYPTOCURRENCY
cryptocurrency
KyberSwap's Response to $48.8 Million Hack: Workforce Halved and Victim Reimbursement Plans
KyberSwap, after a $48.8M hack, has halved its workforce and launched a reimbursement plan for affected users, showcasing the resilience of DeFi.
cryptocurrency
DeFi Platform Raft Compromised, Loses $3.3 Million in Ether
Raft DeFi platform hacked, loses $3.3M in ETH. Attacker burns most stolen ETH, faces net loss.
cryptocurrency
KuCoin Twitter Hack Leads to Loss of Funds
KuCoin's official Twitter account was hacked, leading to users losing their funds in a fake giveaway event. The exchange pledged to reimburse the victims and improve security measures to prevent similar incidents. This incident highlights the growing trend of hackers taking over official Twitter accounts of crypto exchanges and NFT projects to promote scams.