A crypto user has suffered a devastating $908,551 loss in an advanced phishing attack more than 15 months after unwittingly signing a malicious ERC-20 token approval. This security lapse, which allowed scammers to siphon funds in a single transaction, underlines the critical importance of routinely managing wallet permissions for anyone active in DeFi and Web3….
In a shocking revelation, Arkham Intelligence has unveiled what is now confirmed as the largest cryptocurrency hack in history a 2020 breach that resulted in the theft of 127,426 Bitcoin (BTC), worth roughly $3.5 billion at the time and a staggering $14.5 billion at current market prices. The unprecedented digital heist targeted China-based mining pool…
Leading investment manager ARK Invest, under the guidance of Cathie Wood, capitalized on the latest stock market volatility by significantly increasing its positions in top crypto sector equities Coinbase (COIN) and BitMine Immersion Technologies (BMNR). The high-profile buys, totaling $47 million, demonstrate ARK Invest’s continued confidence in the digital asset ecosystem, even as broader market…
