YouTube Restores Access After Crypto Scammers Hijack Ranveer Allahbadia’s Channel to Trick Viewers

YouTube Restores Access After Crypto Scammers Hijack Ranveer Allahbadia’s Channel to Trick Viewers

ByNews Polite

Two YouTube channels of content creator Ranveer Allahbadia (also known as BeerBiceps) were hacked by crypto fraud-promoting miscreants. Allahbadia hosts interactive sessions with Indian celebrities, spiritual leaders, and politicians, with a collective subscriber base of over 12 million.  Following the account breach, both of his channels were inaccessible to him,…

Indodax Crypto Exchange Suspends Services After Alleged Million Hack

Indodax Crypto Exchange Suspends Services After Alleged $22 Million Hack

ByNews Polite

Days after the FBI warned crypto investors about a rise in crypto-related attacks, an Indonesian exchange has reportedly been hacked. Ten-year old crypto exchange Indodax, headquartered in Bali, was breached by hackers on Wednesday. Blockchain security firm SlowMist estimates that around $22 million (roughly Rs. 184 crore) has been stolen…

WazirX’s Singapore-Based Stakeholder Zettai Applies for Moratorium to Restructure Funds

WazirX’s Singapore-Based Stakeholder Zettai Applies for Moratorium to Restructure Funds

ByNews Polite

Zettai Pte Ltd, the Singapore-based majority stakeholder in WazirX, has sought a moratorium in order to restructure its finances. A moratorium can be explained as a legal authorisation to debtors to postpone payments. Zettai’s application, filed in a Singapore court, is part of the firm’s attempt to buy some time…

Cyber Criminals Have New Tool ‘Drainer’ to Rob Crypto Holders, Beware of Web3 Ads on Google, X

Cyber Criminals Have New Tool ‘Drainer’ to Rob Crypto Holders, Beware of Web3 Ads on Google, X

ByNews Polite

The crypto sector, which currently holds a market cap of $1.66 trillion (roughly Rs. 138,06,635 crore, is no new hotspot for cyber criminals to lurk around. With new tools and applications, notorious cyber actors often find their way into crypto protocols only to steal these digital assets. One such latest…

Deribit Cryptocurrency Derivatives Exchange Hot Wallets Hacked for Million, Withdrawals Halted: Details

Deribit Cryptocurrency Derivatives Exchange Hot Wallets Hacked for $28 Million, Withdrawals Halted: Details

ByNews Polite

Crypto derivatives platform Deribit was hacked for $28 million (roughly Rs. 231.7 crore) late on November 1, according to an announcement posted on Twitter. The trading platform says that its clients’ funds are safe, adding that the losses have been covered by its own reserves, meaning that Deribit’s insurance fund…