crypto hacks 2024

‘Mischief Makers’ Evolving With Crypto Industry, Single-Week Losses Hit $250M

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‘Mischief Makers’ Evolving With Crypto Industry, Single-Week Losses Hit 0M

KEY POINTS The industry lost over $251 million last week, including the ETHTrustFund DAO rug pull Last week’s losses prove that many protocols aren’t doing enough: Chimp Exchange’s Akshay Nassa In the first half of 2024 alone, more than $920 million was lost to hackers and fraudsters Security has been a key talking point in … Read more

Notorious Pink Drainer Retires After Helping Exploiters Wipe $75M From Crypto Industry

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Notorious Pink Drainer Retires After Helping Exploiters Wipe M From Crypto Industry

KEY POINTS Pink Drainer said it will ‘securely’ destroy all stored information The wallet drainer’s developer previously said western victims only got ‘caught in the crossfire’ Pink Drainer was used in thefts of some $53 million from 9,000 victims last year Pink Drainer, a digital wallet draining service that gained notoriety in the cryptocurrency sector … Read more