Relying on one person for private key access creates significant organizational risks and can lead to catastrophic losses.
Earlier this month, crypto exchange Poloniex was hacked. At the time of the hack, there was not enough information available to determine the real extent of the damage caused by the security breach.
Decentralized exchange Clipper has revealed that a vulnerability in its withdrawal function enabled a $450,000 hack on its platform, refuting claims of a private key leak as alleged by external ...
More than 70% of the crypto lost to North Korea-linked hacks since 2020 was stolen via private key exploits, according to Magazine’s analysis of data from the United Nations Security Council (UNSC) ...
On 18 November 2023, Kronos Research announced, via social media platform X, that unauthorized access to their API resulted in “a loss of approximately $26 million.” As noted in an update shared by ...
Key takeawaysThe December 2025 Trust Wallet hack shows that vulnerabilities in crypto tools can affect crypto-friendly SMEs, even when attacks target individual users rather than ...