Recovers

Bitcoin Recovers Above $60K, Polkadot (DOT) Eyes $6 (Market Watch)

Bitcoin Recovers Above $60K, Polkadot (DOT) Eyes $6 (Market Watch)

The cryptocurrency market went on a rollercoaster throughout the past 24 hours. The total capitalization currently stands at around $2.36 trillion, which is more or less what it was this time yesterday. Bitcoin’s price went through major volatility, as well as most of the altcoins, so let’s dive in. Bitcoin bears were determined to push […]

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Victim Recovers Funds After $71 Million ‘Address Poisoning’ Attack – Here’s What Happened

Victim Recovers Funds After $71 Million ‘Address Poisoning’ Attack – Here’s What Happened

Last updated: May 12, 2024 04:00 EDT | 2 min read A victim who fell prey to a sophisticated ‘address poisoning’ attack has successfully recovered almost all of the stolen funds, amounting to a staggering $71 million.  The incident involved the victim mistakenly sending wrapped Bitcoin tokens (WBTC) to an attacker who cleverly mimicked their

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Binance Recovers $4.4 Billion in Digital Assets for Users Amid Deposit Errors

Binance Recovers $4.4 Billion in Digital Assets for Users Amid Deposit Errors

Binance has successfully retrieved $4.4 billion worth of digital assets for its users who made errors in their deposits over the past two years. Various reasons, such as inputting incorrect wallet addresses, depositing tokens that are not compatible, and issues arising from blockchain updates, can lead to mishandling of funds. Mishandled Deposits Recovered In 2022

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Seneca Recovers 80% of Funds After $6.4M Exploit

Seneca Recovers 80% of Funds After $6.4M Exploit

The Seneca Protocol hacker has given back $5.3 million worth of Ether tokens after draining $6.4 million on Ethereum and Arbitrum networks. Initial investigations suggested that an approval mechanism bug in the protocol’s smart contract was exploited. The stablecoin protocol had recently confirmed roping in with law enforcement but offered leniency, stating the team wouldn’t

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Binance Recovers Market Share Two Months After DOJ Settlement

Binance Recovers Market Share Two Months After DOJ Settlement

The market share of the world’s largest cryptocurrency exchange Binance has recovered significantly after plunging in the second half of 2023 due to several factors, including a massive settlement with U.S. regulators two months ago. According to a tweet from crypto market data provider Kaiko, the market share of the leading trading platform has risen

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