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#cybersecurity breach

3 Stories Found
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Mercado Bitcoin to Absorb Hack Losses, Assures Customer Funds Are Safe
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Mercado Bitcoin to Absorb Hack Losses, Assures Customer Funds Are Safe

Key Highlights: Major Latin American cryptocurrency exchange Mercado Bitcoin paused transfers and initiated an active investigation following a security exploit, pledging to fully absorb user losses. Blockchain analytics and security firms report losses exceeding $40 million to $46 million across multiple networks, while Tether intervened to freeze over 4.5 million USDT connected to the attack. ...

Polymarket to Refund $3.9 Million Following Third-Party Script Compromise
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Polymarket to Refund $3.9 Million Following Third-Party Script Compromise

Key Highlights: Polymarket confirmed an October 29 security incident stemmed from a compromised third-party performance-monitoring script that hijacked active user sessions. Total refunds reached $3.9 million, encompassing $2.7 million in direct attack losses and $1.2 million incurred from the subsequent trading pause. The platform stated that 95% of impacted user wallets were refunded in full ...

Hackers Compromise Irish Police X Accounts to Promote Fake XRP Airdrop Scam
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Hackers Compromise Irish Police X Accounts to Promote Fake XRP Airdrop Scam

Key Highlights: Irish national police service An Garda SΓ­ochΓ‘na suffered an unauthorized breach of its official X accounts on October 14 to peddle fraudulent $XRP airdrops. Scammers directed users to fake promotional links tied to Xaman (formerly Xumm), which confirmed the cryptocurrency offers were completely illegitimate. Internal Garda networks and sensitive data remained unaffected, with ...