Latest News and Articles about Stolen Funds

Phemex Exchange Suffers $37M Hack: Security Flaws Exposed

27 January 2025 Daily Feed Cryptocurrency Security, Hot Wallets, Phemex Hack, Stolen Funds

Phemex Exchange Hacked for at Least $37 Million: A Deep Dive into the Breach In a brazen digital heist, hackers swiped at least $37 million from Phemex, a prominent Singapore-based crypto exchange. This incident casts a sharp light on the persistent security risks that continue to haunt the cryptocurrency world. Phemex hack confirmed At least […]

DeFi Hacks Surge in 2024: $1.27 Billion Stolen Amid Security Crisis

30 December 2024 Daily Feed Crypto Security, DeFi Hacks, Private Keys, Stolen Funds

DeFi Hacks of 2024: A Year of Significant Losses and Lessons In 2024, the decentralized finance (DeFi) sector was rocked by a series of high-profile security breaches, resulting in a staggering $1.27 billion in stolen funds. This year’s hacks, from private key compromises to smart contract exploits, have laid bare the vulnerabilities within the crypto […]