Crypto hack losses equal 57 cents per $1 earned onchain: Ark’s Valente
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South Korea to permit crypto withdrawal freezes during hacking threats
The move follows recent security incidents involving South Korean crypto exchanges, including GOPAX’s precautionary suspension of services and a $70,000 hot-wallet breach at Prabang.
Fed, OCC check US banks after Binance hack as experts flag security risks
US regulators reportedly contacted banks following last week’s $6.3 billion Binance security hack, while experts raised concerns about transaction security and crypto risks.
Binance hack may be ‘temporary setback’ for crypto, Grayscale’s Pandl says
Zach Pandl highlighted institutional custody safeguards as crypto markets recovered some losses following the record $6.3 billion Binance hack.
Morning Minute: Binance’s $6.4B Hack Overshadows Hyperliquid’s Biggest Day
Just as Hyperliquid opened the door to a fully regulated perps offering inside the U.S., Binance suffered the biggest hack in crypto history.
Gnosis Pay breach exposes card details, personal data and crypto wallet information
The crypto debit card provider said customer funds remained safe despite the exposure of sensitive financial and personal information.
Asian crypto exchanges bunker down as hacks surge: Asia Express
Asian crypto exchanges are scrambling to tighten security on fears of a wave of potentially AI-assisted hacks, even as regional governments embrace tokenization and stablecoins.