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KickICO Experiences a Hack and Loses $7.7 Million
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KickICO experiences a hack and loses $7.7 Million

KICKICO, an initial coin offering (ICO) project launched on top of the Ethereum blockchain protocol, was hacked on July 27 and lost more than 70 million KICK worth $7.7 million. The security breach of KICKICO was unique and dissimilar to most cryptocurrency, blockchain network, and token hacking attempts. In case...
The Scheme of Russian Hackers was Dependent on Bitcoin (BTC)
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The Scheme of Russian Hackers was Dependent on Bitcoin (BTC)

As per the indictment, the 12 Russian hackers indicted by the special counsel Robert Mueller utilized bitcoin to facilitate their scheme. The bitcoin transactions played a major role and contributed to the hackers getting caught. The indictments against the 12 Russian intelligence officials allege that they operated a hacking scheme...
South Korean Crypto Exchange Coinrail Hacked on Sunday
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South Korean Crypto Exchange Coinrail Hacked on Sunday

The South Korean crypto exchange, Coinrail platform was hacked on Sunday and sources revealed a figure of around $40 million valued in cryptocurrencies were lost in the attack. According to the exchange's website, the services by the exchange are temporarily suspended. A range of ERC-20 based tokens was stolen in the attack. Coinrail just...
Ian Balina Loses 2 Million USD
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Ian Balina Loses 2 Million USD

Ian Balina, the famous cryptocurrency YouTuber has reportedly lost 2 million USD during a livestream. Famous for doing sponsored ICO reviews, the YouTuber was reviewing yet another ICO on his channel when a viewer notified him that "someone" had moved all of his tokens out of his wallet. One of...
Coinsecure Not Secure?
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Coinsecure Not Secure?

Days after RBI's virtual ban on cryptocurrencies, Coinsecure recently issued a notice confirming yesterday's rumors about their offline Bitcoin wallets being hacked. The hackers have siphoned off with an astounding 438 BTC (worth more than 3 million USD). While they claim that it wasn't a hack, the latest updates from...
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