On the 21st of February 2025, cryptocurrency exchange Bybit experienced the largest single cryptocurrency hack ever recorded.
Relying on one person for private key access creates significant organizational risks and can lead to catastrophic losses.
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Crypto whale loses $27.3M in suspected hack
A crypto whale lost over $27 million after attackers exploited a flawed multisig wallet and laundered funds through Tornado ...
The Flow blockchain is set to resume operations following a key decision by its validators to revert the network's ...
A $27M multisig wallet hack shows how private key leaks can bypass advanced security and threaten DeFi whales and lending ...
What was the BigONE $27 million hack? The Seychelles-based cryptocurrency exchange BigONE confirmed that on July 16, 2025, it suffered a crypto supply chain attack that allowed cybercriminals to drain ...
A private key leak led to a $2.3M USDT theft, with funds swapped to ETH and laundered via Tornado Cash, raising security ...
More than 70% of the crypto lost to North Korea-linked hacks since 2020 was stolen via private key exploits, according to Magazine’s analysis of data from the United Nations Security Council (UNSC) ...
Earlier this month, crypto exchange Poloniex was hacked. At the time of the hack, there was not enough information available to determine the real extent of the damage caused by the security breach.
Audits crucial, but compromised keys, unrelated to code, were top threat, says Quantstamp CEO. Web3 needs security mindset with pre-deployment checks, team training, and robust monitoring. Get access ...
North Korean hacking groups have stolen an estimated $3 billion worth of various tokens since 2017, as per a UN Security Council report earlier this month. Meanwhile, several crypto developers and ...
A private key, also known as a secret key, is a cryptographic key that is used to decrypt or digitally sign data. It is a crucial component in asymmetric encryption algorithms like RSA and ECC ...
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