Exit Scams and Exploits Led to 0M Losses in Crypto Sector in February

Exit Scams and Exploits Led to $160M Losses in Crypto Sector in February

In February, the crypto industry saw losses totaling approximately $160 million due to exploits, hacks, and scams. The figures represented a slight dip from January despite an increase in prices. According to the…

Traditional finance fears drive digital asset investment inflows to 0M

Traditional finance fears drive digital asset investment inflows to $160M

On March 27, European cryptocurrency investment firm CoinShares published its latest “Digital Asset Fund Flows Report,” revealing that digital assets continue to attract investors’ attention as concerns over the stability of traditional finance continue…

BlockFi to sell 0M in Bitcoin miner-backed loans: Report

BlockFi to sell $160M in Bitcoin miner-backed loans: Report

Bankrupt crypto lending firm BlockFi has plans to sell off $160 million in loans backed by around 68,000 Bitcoin mining machines as part of bankruptcy proceedings, according to reports. In a Bloomberg report…

0M Wintermute Hack Becomes Fifth Largest DeFi Exploit of 2022

$160M Wintermute Hack Becomes Fifth Largest DeFi Exploit of 2022

Wintermute CEO, Evgeny Gaevoy has confirmed that the multi-million-dollar Wintermute hack may has been linked to a critical bug in the Ethereum vanity address-generating tool called Profanity. Wintermute, a crypto asset algorithmic market…

Crypto Market Maker Wintermute Hackers Drain 0M, Profanity Bug Suspected

Crypto Market Maker Wintermute Hackers Drain $160M, Profanity Bug Suspected

UK-based crypto market maker Wintermute suffered a loss of approximately $160 million. In a series of tweets, the company’s founder and chief executive, Evgeny Gaevoy, revealed that the decentralized finance operations had been…

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