Saturday, January 11

Tag: Crypto wallets

Oct92024 by adminNo Comments
Telegram crypto bot Banana Gun verifies $3M loss, states it will reimburse users

Telegram crypto bot Banana Gun verifies $3M loss, states it will reimburse users

Business
Banana Gun verified a $3 million loss from a hack targeting knowledgeable traders All impacted users will get complete refunds without offering any tokens The business has actually carried out improved security procedures to avoid future attacks Banana Gun, a Telegram-based cryptocurrency trading bot, has actually validated a $3 million loss due to a hacking occurrence that targeted its skilled user base. The attack, which made use of a vulnerability within its trading system, has actually triggered Banana Gun to take instant action to secure its users and bring back trust. The business revealed that all impacted users would get complete refunds, showing its dedication to consumer assistance and security. Information of the Banana Gun hack On Se...
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Dec282023 by adminNo Comments
Kyber Network cuts 50% of its personnel following $48 million make use of

Kyber Network cuts 50% of its personnel following $48 million make use of

Business
The DeFi company promised to repay users after declining the hacker's needs to get complete control over the business. On December 24, Victor Tran, CEO and co-founder of Kyber Network, revealed a 50% labor force decrease following an enormous security breach in November. The choice belongs to the business's continuous efforts to restore its operation post-exploit.In addition to the tough action of scaling down, Kyber momentarily stopped its liquidity procedure efforts and KyberAI to guarantee sustainability. The business's core aggregator and limitation order functions stay completely functional. Tran stressed that the Kyber Network will continue to exist and establish regardless of current obstacles. In the previous month, KyberSwap has actually dealt with unmatched difficulties due t...
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