Relying on one person for private key access creates significant organizational risks and can lead to catastrophic losses.

What was the BigONE $27 million hack? The Seychelles-based cryptocurrency exchange BigONE confirmed that on July 16, 2025, it suffered a crypto supply chain attack that allowed cybercriminals to drain ...

The total losses from hacks and cybersecurity exploits in the crypto industry amounted to about $76 million in December, a 60 ...

Cyber-thieves feasted on a staggering $2.3 billion worth of cryptocurrency in 2023. What Happened: From manipulated smart contracts to pilfered private keys, no protocol was entirely safe this year.

Losses from crypto scams, hacks and exploits increased by approximately 21% year-over-year in 2024, and threat actors paid particular attention to centralized services and private keys, according to ...

Crypto losses fell to $76 million in December, a 60% decrease from November, but major hacks, such as a $50 million ...

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.

North Korean hacking groups have stolen an estimated $3 billion worth of various tokens since 2017, as per a UN Security Council report earlier this month. Meanwhile, several crypto developers and ...

Crypto exchange Upbit recently claimed that it had identified and fixed a major codebase vulnerability found in its internal digital wallet system and platform while carrying out an urgent probe into ...

On January 9, PeckShieldAlert, a blockchain security and forensic platform, revealed that crypto hacks and scams cost $3.01 billion in 2024. This represents a substantial 15% increase compared to the ...

A private key, also known as a secret key, is a cryptographic key that is used to decrypt or digitally sign data. It is a crucial component in asymmetric encryption algorithms like RSA and ECC ...