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Overview

A timeline recording only some of the many disasters happening in crypto, decentralized finance, NFTs, and other blockchain-based projects.

News

Blog 2 months ago
Triple-A hacked for $11.8 million
Singapore-based stablecoin payments company Triple-A confirmed that an attacker stole $11.8 million in company funds from its treasury wallets. The company briefly took some services offline while they investigated the hack.Triple-A did not say how much w
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Blog 2 months ago
Two arrested after Flare Network staking site scammed users out of 3.4 million XRP ($8.5 million)
South Korean police say scammers running a fake staking website under the name of the real Flare Network took 3.4 million XRP ($8.5 million) from 71 investors. It's possible the scammers stole closer to $19 million. Victims were promised guaranteed return
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Blog 2 months ago
Poolin bitcoin mining pool operator files for bankruptcy
Poolin Technology, once among the largest bitcoin mining pools in the world, has filed for bankruptcy, listing more than $100 million in debts against less than $10 million in assets.The largest liability by far is the $163.7 million owed to roughly 11,70
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Blog 2 months ago
MVMT Labs files for bankruptcy
MVMT Labs, the company behind the Movement blockchain, has filed for bankruptcy, reporting assets of between $100,001 and $500,000 against liabilities of between $1 million and $10 million. The largest unsecured claim, at more than $1.6 million, belongs t
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Blog 2 months ago
Proof of Attendance Protocol (POAP) shuts down
Proof of Attendance Protocol, or POAP, was a darling of the web3 hype cycle and supposed proof of the utility of NFTs. "Using blockchain technology, POAP tokenizes your memories, so they can last forever and be truly yours," the website gushes, presenting
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Blog 2 months ago
Step App "move-to-earn" project shuts down
Step App, one of the last surviving "move-to-earn" projects from the 2022 crypto fitness fad, announced it will shut down all services on August 21. The project advertised itself as a "fitness app that pays you", and was essentially a step counter that pa
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Blog 2 months ago
Coinsbuy exploited for $8 milllion
The Coinsbuy crypto platform was exploited for around $8 million across both the Ethereum and Tron blockchains. The attacker was able to steal the funds from eight wallets belonging to the exchange. The wallets were later replenished by Coinsbuy, suggesti
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Blog 2 months ago
Coldcard hardware wallet flaw sees more than 2,000 BTC ($130 million) drained across thousands of wallets
Thousands of users of a hardware wallet called Coldcard, a physical device developed by the Canadian Coinkite firm to allow bitcoin holders to store their bitcoin on a device that's not connected to the internet, have suffered at least 2,055 BTC ($130 mil
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News The Chosun Daily 3 months ago
12.3 Billion Won Crypto Scam Group Arrested
12.3 Billion Won Crypto Scam Group Arrested Police apprehend suspects who promised fixed monthly returns, embezzling funds through fake investment sit
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Blog 3 months ago
Wanchain bridge on Cardano exploited for more than $9 million
An attacker exploited the Wanchain bridge, stealing 515 million NIGHT tokens that had been bridged from Cardano to BNB. The NIGHT token belongs to Midnight, a privacy-focused blockchain linked to Cardano. The stolen tokens were priced at $9 million to $10
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