# Security Related Articles

HTX News Center provides the latest articles and in-depth analysis on "Security", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

Crypto Hack Losses Fell 60% In December, New Data Shows

According to PeckShield, losses from crypto hacks dropped by approximately 60% in December, falling to around $76 million from $194 million in November. This decline was attributed to fewer large-scale exploits, though significant incidents still occurred. The month saw roughly 26 major attacks, with the largest being a $50 million address poisoning scam. Other notable losses included a $27 million multi-signature wallet breach due to a private key leak, a $7 million Trust Wallet exploit, and a $3.9 million issue involving the Flow protocol. Despite the overall reduction, experts caution that threats like scams and technical vulnerabilities persist, with human error remaining a major risk factor.

bitcoinist01/03 02:36

Crypto Hack Losses Fell 60% In December, New Data Shows

bitcoinist01/03 02:36

Investors Look for Safety as Market Fluctuates — Ozak AI Becomes the Top Destination With $5.12M Already Locked In

Amidst rising cryptocurrency market volatility, investors are seeking stable projects with strong utility. Ozak AI has emerged as a leading destination, successfully raising $5.12 million in its ongoing presale. Currently in Phase 7, its native token $OZ is priced at $0.014. Early investors have seen significant returns, with Phase 1 participants up 14x. The project distinguishes itself through its AI-driven ecosystem, which offers real-time analytics, market forecasting, data-vault services, and automated smart-contract execution via the Ozak Streaming Network (OSN). Furthermore, $OZ tokens can be staked for rewards and access to premium AI tools. To ensure security and transparency, Ozak AI's smart contracts have been audited by CertiK and Sherlock. Strategic partnerships with networks like Meganet and Openledger provide live data and enhance predictive capabilities. Positioned as a utility-focused, lower-risk alternative, Ozak AI presents a compelling option for safety-conscious investors in the current market.

TheNewsCrypto01/02 15:18

Investors Look for Safety as Market Fluctuates — Ozak AI Becomes the Top Destination With $5.12M Already Locked In

TheNewsCrypto01/02 15:18

Hundreds of Wallets Drained on EVM Chains With No Root Cause, ZachXBT Warns — $107K Lost So Far and Counting

Blockchain investigator ZachXBT warns of a coordinated attack draining hundreds of crypto wallets across multiple Ethereum Virtual Machine (EVM)-compatible chains, with no confirmed root cause yet identified. The incident has resulted in approximately $107,000 in losses so far, with the total continuing to rise. Each affected wallet lost relatively small amounts, typically under $2,000, suggesting a broad but low-value attack designed to avoid detection. ZachXBT flagged a suspicious address potentially linked to the activity. This follows a separate security incident over the Christmas holiday involving unauthorized withdrawals from self-custody wallets, which Trust Wallet later confirmed was related to its Browser Extension version 2.68. These incidents highlight ongoing security risks in the EVM ecosystem, despite long-term efforts to strengthen network resilience, such as the Ethereum Foundation's "Lean Ethereum" initiative aimed at improving security and scalability.

ccn.com01/02 13:25

Hundreds of Wallets Drained on EVM Chains With No Root Cause, ZachXBT Warns — $107K Lost So Far and Counting

ccn.com01/02 13:25

US Banks’ Push To Ban Stablecoin Rewards Could Hand Global Advantage To China, Execs Warn

Crypto industry leaders warn that U.S. banks' efforts to ban interest payments on stablecoins could undermine the competitiveness of the U.S. dollar and hand a strategic advantage to global rivals like China. This follows China's announcement that it will pay interest on its Digital Yuan (e-CNY) starting in 2026, granting it similar status to bank deposits. Coinbase’s Chief Policy Officer, Faryar Shirzad, cautioned that such a prohibition could weaken the impact of the recently passed GENIUS Act, which aims to solidify the dominance of U.S. dollar stablecoins. Other executives, including Coinbase CEO Brian Armstrong and Variant CLO Jake Chervinsky, echoed that this is not just a regulatory issue but a matter of national security, arguing that limiting stablecoin rewards could diminish the global role of the dollar and strengthen China's position in the digital currency landscape.

bitcoinist01/01 11:34

US Banks’ Push To Ban Stablecoin Rewards Could Hand Global Advantage To China, Execs Warn

bitcoinist01/01 11:34

Binance CEO Year-End Letter: Crossing the Mountains, Hand in Hand with the Sea of People

Binance Co-CEOs Yi He and Richard Teng reflect on 2025 as a pivotal year, marked by reaching 300 million users—meaning one in every 27 people globally now uses Binance. Despite challenges like AI market volatility, trade wars, and regulatory uncertainty, the industry demonstrated strong resilience. Key regulatory milestones, such as the GENIUS Act, provided clarity and protection, ending the "wild west" era of crypto. The year saw a fusion of centralized and decentralized finance, with retail trading surging 125% and institutional adoption growing—30% of large investors already hold digital assets. Nearly half of all BTC and ETH trades occurred on Binance, with over 60% of on-chain transactions via Binance Wallet. The Alpha 2.0 platform facilitated $1 trillion in volume, $780M in airdrops, and attracted 17M users. Traditional finance embraced crypto, with significant ETF inflows and major institutions tokenizing bonds. Trust remains paramount: Binance safeguards $162.8B in user assets, proven via PoR. The platform enhanced security, reducing major illegal risks by 96%, blocking $6.69B in fraudulent transactions, and recovering $11.7M for users. Compliance efforts expanded with 29 certifications and a 1,280-person team. Looking to 2026, Binance anticipates growth driven by global economic stability, tech advances, and clearer regulations like the RFIA/CLARITY Act. The focus remains on "Freedom of Money," through security, compliance, and education initiatives like Binance Junior and Binance Charity ($43.55M donated to date). The co-CEOs thank the community and invite others to join in building an open financial future.

marsbit12/31 15:43

Binance CEO Year-End Letter: Crossing the Mountains, Hand in Hand with the Sea of People

marsbit12/31 15:43

Pi Network Temporarily Halts Wallet Payment Requests Amid Rising Scams

Pi Network has temporarily disabled its wallet payment request feature due to widespread scams. Scammers were impersonating official accounts and targeting high-balance wallets, tricking users into approving fraudulent requests, resulting in irreversible losses. Over a million PI tokens have been stolen this year, with one wallet receiving more than 838,000 tokens. The Pi Core Team clarified that the issue stems from user approval, not a system vulnerability, and emphasized that this is a common risk across crypto wallets. The token’s value dropped 10% following the incident but has since shown slight recovery. Recent updates include standardized KYC and testnet DEX improvements to enhance security and liquidity.

TheNewsCrypto12/31 12:56

Pi Network Temporarily Halts Wallet Payment Requests Amid Rising Scams

TheNewsCrypto12/31 12:56

Crypto Hack Losses Jump 46% in 2025: SlowMist Report

In 2025, crypto hack losses surged by 46% to $2.935 billion compared to $2.013 billion in 2024, despite a significant drop in the number of incidents from 410 to 200. The DeFi sector remained the most targeted, with 126 security incidents resulting in $649 million in losses. A major hack on centralized exchange Bybit alone accounted for $1.46 billion of the total $1.809 billion lost in CEX breaches. Phishing attacks became more sophisticated and harder to detect. Notably, $387 million of the stolen funds were recovered or frozen across 18 incidents.

TheNewsCrypto12/31 09:24

Crypto Hack Losses Jump 46% in 2025: SlowMist Report

TheNewsCrypto12/31 09:24

KuCoin 2025 Annual Review Highlights Trust, Compliance, and Security-First Growth

KuCoin's 2025 Annual Review, titled "A Renewed Brand. A Year Built on Trust," highlights a transformative year focused on compliance, security, and sustainable growth. The exchange strengthened its commitment to regulatory alignment and user protection, achieving key milestones including a $2 billion Trust Project and four major security certifications (SOC 2 Type II, ISO 27001, ISO 27701, CCSS). Operational performance remained strong, with average futures trading volume reaching $6.47 billion daily (up 30% YoY) and spot volume at $4.76 billion (up 55% YoY), ranking KuCoin among the top global exchanges. The platform also maintained 36 consecutive months of Proof of Reserves verification. Regulatory progress included AUSTRAC registration in Australia, a MiCA license in Europe via KuCoin EU, and an application to Turkey’s Capital Markets Board. Product innovations featured AI-driven tools like KuCoin Feed and KIA, alongside user experience upgrades such as KuCoin App 4.0. CEO BC Wong emphasized that compliance and security are foundational to KuCoin’s long-term strategy.

TheNewsCrypto12/31 08:29

KuCoin 2025 Annual Review Highlights Trust, Compliance, and Security-First Growth

TheNewsCrypto12/31 08:29

Vitalik May Not Realize That Ethereum's Transition to PoS Actually Buried a Financial 'Hidden Bomb'

After transitioning from Proof-of-Work (PoW) to Proof-of-Stake (PoS), Ethereum introduced staking rewards for ETH, creating a "maturity mismatch" arbitrage opportunity with Liquid Staking Tokens (LSTs) and Liquid Restaking Tokens (LRTs). This led to leveraged lending, recursive borrowing, and yield arbitrage on platforms like Aave, becoming a major DeFi use case—similar to traditional finance’s reliance on arbitrage. However, this arbitrage does not generate additional liquidity or value for the Ethereum ecosystem. Instead, it creates persistent selling pressure, as institutions cash out their staking rewards. This dynamic forms a delicate balance between sell pressure, ETH buy demand, and deflationary mechanisms. Unlike traditional banking, where maturity mismatch helps transform savings into productive capital (e.g., long-term loans funding economic growth), DeFi’s version is purely speculative. Institutions engage in recursive staking—staking ETH via Lido to get stETH, using it as collateral on Aave to borrow more ETH, and repeating the process—amplifying staking yields without contributing to real economic activity or dApp development. This套利套利behavior essentially exploits Ethereum’s security budget. With over 34 million ETH staked—far exceeding the estimated 15 million needed to resist state-level attacks—the network experiences "excess security." Post-Dencun upgrade, with reduced gas fees and renewed ETH inflation, the selling pressure from staking rewards structurally suppresses ETH’s price. ETH’s staking yield, currently around 2.5%, trails behind U.S. Treasury yields, making ETH a less attractive asset institutionally. The rise of Real-World Assets (RWA) on-chain could create external demand, potentially boosting ETH’s value, but for now, the PoS shift has turned ETH into a perpetual bond with negative yield spread versus Treasuries, posing a financial risk rather than fostering organic growth.

marsbit12/31 04:23

Vitalik May Not Realize That Ethereum's Transition to PoS Actually Buried a Financial 'Hidden Bomb'

marsbit12/31 04:23

Shiba Inu’s $4M exploit sparks ‘Shib Owes You’ recovery plan – Details

Shiba Inu's lead developers have launched the "Shib Owes You" (SOU) recovery plan following a $4 million bridge exploit in September. This initiative converts verified user losses into dynamic, tradable NFTs on the Ethereum blockchain, providing victims with cryptographic proof of their claims. These debt NFTs update in real-time as revenue enters the restitution pool and can be traded on a secondary market. The plan enforces strict austerity measures, directing all SHIB-related revenue to the SOU pool. While the portal is not yet live and security risks remain, the community and institutional buyers have shown resilience, supporting SHIB's price despite recent volatility.

ambcrypto12/30 17:07

Shiba Inu’s $4M exploit sparks ‘Shib Owes You’ recovery plan – Details