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Category Cyvers

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UPCX Official loses $70M in UPC tokens after unauthorized smart contract access

UPCX Official loses $70M in UPC tokens after unauthorized smart contract access

The UPCX decentralized payment project was hacked for $70M in UPC tokens. The hacker transferred over 18.4M tokens, surpassing the current circulat...
Apr, 01, 2025
3 min read
by CryptoPolitan
Pig butchering scams rob investors of  $5.5B, possibly the biggest threat to retail investors

Pig butchering scams rob investors of $5.5B, possibly the biggest threat to retail investors

Onchain security firm Cyvers revealed that pig butchering scams were one of the most pervasive threats to crypto investors, with losses reaching $5...
Feb, 20, 2025
4 min read
by CryptoPolitan
Bitcoin analyst moves BTC holdings to ETF, sparks community reaction

Bitcoin analyst moves BTC holdings to ETF, sparks community reaction

The Bitcoin analyst, PlanB, mentioned that the aim of the move is to manage Bitcoin more traditionally, the same way stocks and bonds are managed.
Feb, 16, 2025
4 min read
by CryptoPolitan
Rising crypto scams lead to $2.3 billion in total losses in 2024

Rising crypto scams lead to $2.3 billion in total losses in 2024

Cybersecurity company Kaspersky revealed that malicious actors have devised a new scam involving seed phrases to target unsuspecting crypto users, ...
Dec, 24, 2024
2 min read
by CryptoSlate
BingX fully restores its services after the hot wallet incident, ramping up security with ShieldX

BingX fully restores its services after the hot wallet incident, ramping up security with ShieldX

BingX announced on October 24 that all its services had returned to full scale after the hot wallet incident on September 20. The centralized excha...
Oct, 24, 2024
3 min read
by CryptoPolitan