It is reported that investigators identified the individuals by tracing the crypto exchange accounts used to launder the funds.

Josh Fraser, the co-founder of Origin Protocol, said that he hopes the compensation plan will build trust among users as the project progresses.

Since 2014, investors in the defunct Bitcoin exchange have been trying to recover at least some of their losses.

Cybercriminals stole nearly $3.8 billion worth of different cryptocurrencies in 122 attacks in 2020, but the total number of attacks is declining.

Nexus Mutual, the DeFi coverage protocol, expanded the list of centralized exchanges eligible for incident protection.

According to an announcement, Cover Protocol is exploring rolling out a new COVER token via a snapshot following its current one was abused in a minting attack by a "white hat" hacker on Monday morning.

Following Ledger customers' personal details were leaked and published on a public forum, they become the target for Bitcoin ransoms.

As a UK-registered cryptocurrency exchange with offices in London, Moscow, and Kyiv, EXMO has suffered a cyberattack from bad actors, leading to a nearly 5% loss of its assets held on hot wallets, as what the platform noted.

The exchange's pilfered funds are on the move once again.

According to a report released on Tuesday, Japanese Gaming Giant Capcom, the creator of popular games such as Resident Evil and Street Fighter, fell victim to ransomware in early November. The attackers allegedly demanded $11 million in Bitcoin in exchange for not divulging illegally obtained confidential information to the public.