losses - Claimpayback

UK citizen pleads guilty to cybercrime with over $794k in losses

0xMain
May 11, 2023

794kin, citizen, cybercrime, guilty, Hacking, losses, pleads

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied UK citizen Joseph James O’Connor will spend many years behind bars after pleading guilty to orchestrating SIM swapping and other cyber attacks that defrauded victims of $794,000 in crypto....

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Sentiment DeFi platform losses $1m to hacker on Arbitrum

0xMain
April 6, 2023

Arbitrum, DeFi, hacker, Hacking, losses, platform, sentiment

Sentiment, a decentralized finance (DeFi) platform offering lending and borrowing services on the Arbitrum layer-2 network, was hit by a malicious exploit on April 4, resulting in a nearly $1 million loss. The attacker used a reentrancy bug in Balancer, a liquidity protocol...

Saudi National Bank chair resigns following Credit Suisse crisis, major losses

0xMain
March 27, 2023

Bank, chair, Credit, crisis, Hacking, losses, major, National, resigns, Saudi, Suisse

Saudi National Bank’s chairman, Ammar Al Khudairy, has resigned from his post following the banking crisis that has hit Credit Suisse Group AG. This move comes shortly after declining to provide further assistance to Credit Suisse, despite the bank being the largest shareholder....

President Biden assures taxpayers SVB and Signature Bank losses contained

0xMain
March 13, 2023

assures, Bank, Biden, contained, Hacking, losses, president, Signature, SVB, taxpayers

President Biden has assured the senate banking committee that taxpayers will not bear the brunt of any potential losses incurred by SVB Financial Group and Signature Bank, in response to concerns about their financial soundness. According to president Biden, U.S. taxpayers will not...