In Brief A Coinbase user lost $11.5 million to a social engineering scam on Base, the exchange’s layer-2 network. ZachXBT revealed that at least $150 million has been stolen from Coinbase users through similar scams. These incidents mount concerns over the US-based crypto exchange security measures. A Coinbase user has reportedly lost 110 cbBTC, valued…
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In Brief Blockchain investigator ZachXBT revealed the theft of $29 million worth of SUI tokens from a major holder on December 12, 2024. The attackers transferred the stolen tokens from Sui to Ethereum using bridging tools and laundered them through Tornado Cash. This incident highlights growing security risks in the blockchain space, particularly as the…
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