Blockchain data suggests that hackers stole $15 million from Crypto.com users. The cryptocurrency exchange admitted it was hacked but insists that “no customer funds were lost.” Judging by the comments made, Crypto.com plans to reimburse users who were robbed during the security breach.
Read moreWhere is AscendEX based?
AscendEX is based in Singapore and closed a $50 million Series B funding round in November, with investments from Polychain Capital, Jump Capital, Alameda Research, and others. The company was founded in 2018 under the name “Bitmax” before switching to AscendEX.15 Ara 2021
Read moreHas Coinbase ever been hacked?
$24K stolen from couple’s Coinbase account . A Central Florida couple just had thousands of dollars ripped from their account and they want to make sure that no one else falls victim. They used a popular new way to invest their money, but hackers went after them.
Read moreHow hard is it to hack a blockchain?
On one hand, bitcoin itself is very difficult to hack, and that is largely due to the blockchain technology which supports it. As blockchain is constantly being reviewed by bitcoin users, hacks are unlikely .
Read moreHow does blockchain get hacked?
Thieves steal money in blockchain by exploiting every detail of the design, implementation and execution of these networks . Blockchains are distributed records (chains) of transactions (blocks). Members of the network are incentived to validate, record and announce the records.
Read moreHas Bitcoin blockchain been hacked?
Security Concerns of Bitcoin Bitcoin’s blockchain has never been hacked , and zero counterfeit currency has ever been uttered on the network.
Read moreIs blockchain completely secure?
Blockchain technology is secure as it is decentralised and distributed . There is no single point of failure, which makes it much harder to corrupt. Hacking into one part of the system cannot affect other parts.
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