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Cybercrime

Livecoin announces its closure after the Hack; claims for refunds will be accepted until March 17, 2021

Unable to recover from the attack of last December, Livecoin announced its closure earlier this month and will accept refund claims in the next 2 months. Key takeaways: In late Dec, the attacker controlled Livecoin servers to increase the platform’s exchange rates and cashed out the funds. Livecoin announced its »

Scorechain’s new feature can trace Kucoin hacker’s funds transfer via DEX

Last Friday the Singapore based crypto-exchange, Kucoin, was hacked with an estimated loss of around $150 million, including BTC along with BSV, LTC, XLM, Omni and EOS based tether (USDT), ether and ERC20 tokens, and XRP. During the early morning of last Sunday, the hacker started to launder a part »