Showing 2 Result(s)

Twitch co-founder’s Fractal NFT project gets hijacked — $154,000 stolen

Quick Take Ahead of the project’s launch, a bot used for its Discord channel was hacked. The perpetrator put a link to a fake NFT site, which sucked money from unsuspecting users. Usually when an NFT project drops, the one safe space is the announcements channel — it’s the only place (except perhaps the FAQ) to look for the official website to mint the NFTs. Only in this case, it was a false friend. Ahead of the launch of the …

Crypto exchange AscendEX hacked for $78 million in latest swindle

Quick Take Crypto exchange AscendEX has said that its hot wallet was breached. Security researchers PeckShield estimate the losses at $77.7 million. Crypto exchange AscendEX — formerly known as BitMax — has been hacked for an estimated $77.7 million. That’s according to the exchange, which acknowledged the hack, and security researchers PeckShield who have estimated its losses. “We have detected a number of ERC-20, BSC, and Polygon tokens transferred from our hot wallet. Cold Wallet is NOT affected. Investigation underway. …