OKEx suspends withdrawals amid security investigation
The digital currency exchange said one of its private key holders was cooperating with authorities on an investigation and had been out of touch.
The digital currency exchange said one of its private key holders was cooperating with authorities on an investigation and had been out of touch.
The New York financial regulator has criticized the lack of leadership at Twitter which made it easier for the hackers to infiltrate the platform.
The Ethereum Classic blockchain has implemented a defense mechanism, "MESS," to reduce the chance of a 51% attack taking place on the network
The exchange has also taken steps to recover some of the stolen coins in partnership with some of the digital currency projects.
The attack was carried out by a sophisticated team of hackers that may have been state-sponsored, according to local media reports.
As much as $1 billion worth of Ethereum tokens are at risk from attack because they are missing a software standard released back in 2017.
The digital currency tax reporting service suffered a breach, resulting in 13,000 rows of data and 1,082 customer email addresses stolen.
The team of hackers is reportedly controlled by Bureau 121, the division with responsibility for cyber warfare in the rogue state.
Security breaches might be due to an exchange’s embrace of open-source libraries that reduce the time and effort needed to launch their platforms.
The move from CYBAVO is expected to provide its clients with Bitcoin SV infrastructure across the full range of their product offering.
The disclosure comes shortly after it was discovered that Ledger suffered a breach in which 1 million customer data was compromised.
There has been a total of six DeFi exploits that have happened so far in 2020, resulting in tens of millions of dollars worth of digital currency lost.