Bridges are crypto’s next FTX waiting to happen
Cross-chain bridges concentrate risk and centralize trust, creating vulnerabilities that could trigger a systemic crypto crisis under stressed market conditions.
Security Measures
Bank Teller Steals $150,450 From Cash Drawer, Drains Elderly Customers’ Accounts To Conceal Theft: DOJ
A North Carolina bank teller stole $150,450 from her employer and elderly customers, exposing vulnerabilities in traditional banking systems. Learn how this case underscores the need for enhanced security measures.
Alleged Crypto Scam Kingpin Arrested in Cambodia After $12 Billion Bitcoin Seizure
An alleged crypto scam kingpin was arrested in Cambodia, leading to the seizure of $12 billion worth of Bitcoin. This significant arrest highlights the growing efforts to combat crypto-related crimes and the need for better security measures in the industry.
Trust Wallet’s $7M hack shows where crypto-friendly SMEs may be vulnerable
The $7-million Trust Wallet hack highlights the vulnerabilities of crypto-friendly SMEs, emphasizing weaknesses in verification, browser extensions, and internal controls, and underscores the need for enhanced security measures.
Wallet Drainer Phishing Losses Fall to $84M in 2025, Down 83%
Crypto phishing attacks linked to wallet drainers saw a significant reduction in 2025, with losses dropping to $83.85 million, down 83% from previous years. Improved security measures and increased user awareness are credited for the decline.
Crypto phishing losses fell 83% in 2025, but drainer ecosystem ‘remains active’
Crypto phishing losses fell 83% in 2025, but the drainer ecosystem remains active, with activity rising during market rallies and new attack vectors emerging. Stay informed and vigilant to protect your assets.
Losses from crypto hacks down 60% in December: PeckShield
Despite a 60% reduction in losses from crypto hacks in December, users still face significant financial risks from common cybersecurity exploits like address poisoning scams.
CZ proposes fix to address poisoning after investor loses $50M
CZ, the CEO of Binance, proposes new security measures to address address poisoning after an investor loses $50 million. The industry is urged to adopt a scam address blacklist and enhanced security features.
Bank Insider Drains $140,000 From US Government Using Illegally Obtained Customer Information
A former bank executive has pleaded guilty to wire fraud for draining over $140,000 from two US government programs using illegally obtained customer information.
Whale Multisig Breached After Private Key Compromise Drains $27M
A crypto whale loses $27.3M after a private key compromise allows an attacker to drain its multisig wallet, highlighting the importance of robust private key management and security measures.