The cryptocurrency exchange CoinEx has fallen victim to a massive hack, resulting in the loss of an estimated $53 million worth of Ethereum (ETH), TRON (TRX), and Polygon (MATIC). This cyber heist has left the exchange and its users reeling
Controversial crypto investor Sifu of the Wonderland infamy, has reportedly lost $3.3 million after a hack of the SushiSwap token approval system. Sifu was ousted as treasury manager of the DeFi protocol following his identification in 2022 as Michael Patryn,
Uphold Head of Research Martin Hiesboeck says that centralized crypto exchanges (CEXs) remain a good bet in spite of the recent market collapse. The rampant hacking in DeFi makes mass adoption of decentralized finance an “impossibility,” he argued. Hiesboeck spoke
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