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Tag Archives: hack

Binance Hack Brings Back Talks of Decentralized Exchanges

May 10, 2019

Olusegun Ogundeji

Topical talks about decentralized exchanges (DEXs) have resurfaced yet again following the recent hack on the world’s top crypto exchange. Malta-based Binance was hacked on Tuesday May 7 with about $40mln worth of Bitcoin stolen from its vault. Everything has since been back to b...

Hacks’ Little ‘Good’ in Crypto Space

Dec 28, 2018

Olusegun Ogundeji

To many, there are no two ways to the role hackers play in the crypto ecosystem. Most hacks tend to be negative in their approach. They are carried out without any legal obligation and victims are usually caught unaware. Until, and unless, the awakening call the perpetration of these acts are ma...

Exclusive: BTC38 hot wallet got hacked and lost 1.5 million

Dec 22, 2016

Red Li

All transactions were halted on btc38 21st Dec, the Winter Solstice, around 15PM in the afternoon. Then a public notice in the official qq group of BTC38 was released to assure traders that the temporary shutdown was due to “server failure” and their funds were safe. The site was expect...