financial loss

Loopscale's $5.8M Hack: Did We Forget the Human Cost of DeFi?

Loopscale's $5.8M Hack: Did We Forget the Human Cost of DeFi?

The flash of news alerts: "$5.8 Million Hacked from Loopscale." Another day, another DeFi exploit. We've become almost numb to these headlines, scrolling past them as if they're just another market correction. Behind that every stolen million and every paused lending market are real folks. These are the 7k lenders...
Coinbase CISO: $300M Lost! Can YOU Beat Crypto Scams?

Coinbase CISO: $300M Lost! Can YOU Beat Crypto Scams?

The world of cryptocurrency, though filled with amazing opportunity, is unfortunately also filled with scammers. Recently, the Chief Information Security Officer (CISO) of Coinbase revealed a staggering statistic: a loss of $300 million due to crypto scams. This revelation serves as a stark reminder of the pervasive threat landscape and...
Pig Butchering and Crypto's Heartbreak $9.3 Billion Gone

Pig Butchering and Crypto's Heartbreak $9.3 Billion Gone

Meet Sarah, a 45-year-old nurse, newly divorced, socially disconnected and suffering from recent loss. Then “Mark” appeared on Instagram, a dashing, successful entrepreneur (or so he alleged). Weeks became months of chats, dreams, frequent flirty exchanges, and the kind of online love story forming over text. Just because Mark has...
ZKsync Investigates $5 Million Exploit After Unauthorized Token Minting

ZKsync Investigates $5 Million Exploit After Unauthorized Token Minting

On April 15, 2025, ZKsync had an enormous security exploit. This event led to the unauthorized minting of 111 million ZK tokens (at the time, valued at approximately $5 million). The event raised emergency flags all across the incident, users of the entire cryptocurrency community, but particularly interested ZKsync users...