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Crypto Hacks

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Stew Peters JProof Token - A Racist Conman’s Crypto Scam
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Stew Peters JProof Token – A Racist Conman’s Crypto Scam

Stew Peters, launches a crypto called JProof, a token that promotes antisemitic themes, lacks transparency, and is a channel for financial misconduct. JProof token doesn’t follow basic crypto project standards, hinting at fraud. JProof JProof is a new cryptocurrency under scrutiny not only for its questionable financial setup but also for its founder, Stew Peters.

Bradley NelsonUpdated 3 min read

South Korea Accuses North Korean Hackers of Stealing $50M in Crypto From Upbit
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South Korea Accuses North Korean Hackers of Stealing $50M in Crypto From Upbit

South Korean authorities have accused North Korean hackers of attacking the Upbit crypto exchange in 2019 and making away with $50 million in crypto. According to the National Office of Investigation (NOI), notorious hacker organizations Andariel and Lazaraus were behind the hack, in which about 342,000 ETH were stolen. Stolen Crypto Value Exceeds $1 Billion

Andrew Richard2 min read

CoinDCX Unveils $6M Investors Protection Funds to Compensate Hack Victims
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CoinDCX Unveils $6M Investors Protection Funds to Compensate Hack Victims

CoinDCX has launched a $6 million investor protection fund to safeguard users from financial losses. Days after the Indian crypto exchange WazirX suffered a multimillion-dollar hack, CoinDCX launched a crypto investors protection fund (CIPF). The funding will assist virtual asset service providers (VASPs) to enhance security measures to protect Indian investors from malicious attacks. CoinDCX

Kimberly Crain3 min read