交易所安全

Is cryptocurrency becoming a political weapon? Iranian exchange suffers a bloodbath!

#交易所安全

My goodness! Iran's largest exchange Nobitex has been taken down by the pro-Israel hacker group "Gonjeshke Darande," with 81 million dollars evaporating in an instant! This is not just ordinary theft; it is clearly a digital blitzkrieg using blockchain as the battlefield!

The hackers used a wallet address with the insulting label "Terrorist NoBiTEX" to precisely target hot wallets, making 49 million dollars disappear just like that.

Even more astonishing is that they openly declared: this is a slap in the face to the Iranian regime for using cryptocurrency to evade sanctions! They even threatened to release the source code within 24 hours. This move is simply a political game engraved on the blockchain for all to see.

The exchange, however, remained defiant, claiming that cold wallets are secure and that the insurance fund will cover losses.
But if Tether is a moment too slow, 55 million USDT could easily turn into dead money.
The remaining loot has long been dispersed into destruction addresses; unless global regulators join forces to freeze it, it will disappear forever into the digital black hole.

Who could watch this scene without saying it's surreal?
When cryptocurrency becomes a pawn in geopolitical games, the transparent ledger of blockchain ironically turns into the bloodiest battlefield.
In the future, securing digital assets will not only require protection from hackers but also from political hurricanes!

If you want to learn more about the cryptocurrency world and get firsthand cutting-edge information, follow me, and you won't get lost in the crypto space!

📊LA Contract "Pinning" Controversy: Gate.io Data Source Anomaly, Liquidated Users Left to Bear Losses?

📅 Recently, Gate.io has been embroiled in controversy due to the $LA/USDT contract anomaly "pinning." Multiple users have accused Gate.io of manipulation during the severe price fluctuations of the contract, leading to many users experiencing abnormal liquidations, even to the point of negative balances, resulting in heavy losses.

Although Gate.io has responded regarding the cause of the incident and the compensation plan, community users seem unconvinced. ChainCatcher sought further responses from Gate.io regarding user concerns, but the reply from Gate.io regarding the key incident causes and compensation plans was essentially the same as the announcement, with no new details provided.

Why is Gate.io's response not convincing to users?

On June 4th at 8 PM (UTC+8), Gate.io launched the $LA/USDT perpetual contract. Approximately 4 minutes after opening, the price of $LA skyrocketed from around 0.36 USDT to 27 USDT in a matter of seconds, then plummeted back to around 0.2 USDT. During this time, the spot price of LA on other exchanges trading the same asset and the on-chain price mostly remained around 1 USDT.

This deviation from normal fluctuations, known as "pinning," caused a large number of users to be liquidated in a short period, with some accounts even experiencing negative balances. Crypto KOL @Elizabethofyou reported a loss of 20,000 USDT in this incident, while @BTC_Alert_ stated a loss of 100,000 USDT and an additional debt of 120,000 USDT owed to the platform, during which they were unable to increase or close positions.

Gate.io subsequently delisted the contract and announced around 9:28 PM that night that they would compensate for the negative balance portion.

‼️Trust Crisis Following Frequent CEX Contract Incidents

Contracts are the core profit business of CEX. However, from the Bitget VOXEL contract controversy to the disputes triggered by the Gate.io LA contract anomaly, it reflects the technical and risk control challenges faced by CEX in high-leverage, high-risk contract trading. Additionally, CEX's handling of crises is marked by a lack of transparency and insufficient user rights protection, further leading to a trust crisis among users.
#币安Alpha上新 #爆仓数据 #交易所安全

The garbage TT recharge for bnb hasn't arrived in half a day, and there is no online customer service. I suggest Binance should stop cooperating with such garbage platforms. Initially, I saw there was bnb, so I tried to recharge, but I didn't expect that such platforms only undermine the credibility and efficiency of decentralization #交易所安全

🔥1.44 billion US dollars vanished into thin air! Bybit's "perfect theft" ripped open the emperor's new clothes of DeFi

The price of ETH was still fluctuating slightly in the early morning, and a silent nuclear explosion had destroyed half of the pledge empire - 400,000 ETH and 90,000 stETH were stolen, and 1.44 billion US dollars of funds evaporated! What's more ironic is that this disaster happened on the Bybit exchange, which claims to be "top security".

💔Behind the bloody numbers
- 400,000 ETH≈a niche protocol ranked 27th in Bitcoin market value;
- 90,000 stETH≈1.2% of the volume of Lido's pledge pool;
- More than 67 million US dollars of derivatives were instantly cleared on the DeFi chain.

🤔A terrifying loophole
The hacker bypassed the two-factor authentication and directly stole the private key of the hot wallet! This accident completely exposed the fatal weakness of centralized exchanges: we can never control our own money.

🚨Take action now
1️⃣ Check all exchange account authorization permissions;
2️⃣ Enable hardware wallet secondary verification;
3️⃣ Stay as far away from DeFi staking products as possible.

💬The blood on the chain has not dried yet, who will be the next prey?
Write your anti-fraud experience in the comment area
#交易所安全
#ETH被盗
#DeFi危机
#币安热点
$ETH

AWS outage causes Binance user order service interruption, exposing cloud dependency risks in the cryptocurrency industry

This morning, Binance, the world's largest cryptocurrency exchange, experienced a sudden service interruption due to a failure at Amazon's AWS data center, resulting in abnormal execution of trades and forcing the exchange to temporarily suspend withdrawal and other functions.

Reportedly, the affected exchanges are not limited to Binance; several cryptocurrency service platforms, including KuCoin, Rabby, and DeBank, have also reported similar technical issues, reigniting public discussion about the vulnerabilities of centralized exchange infrastructures.

This is not the first time the cryptocurrency industry has been paralyzed due to cloud service failures. As early as 2021, a global outage at AWS caused service interruptions for several mainstream trading platforms, including Coinbase. As an infrastructure giant that carries over 30% of global cloud workloads, the stability of AWS is crucial for cryptocurrency exchanges that rely on its services.

Notably, after the incident, Binance officially reported the actual situation through social media X in a timely manner. They also initiated a $1 billion User Security Asset Fund (SAFU) plan, which received some positive feedback from users.

The incident has sparked widespread discussion in the crypto community, with long-time users like trader Daniel Nita expressing trust in Binance's handling capabilities, while decentralized cloud projects seizing this opportunity to call for a shift towards distributed computing solutions.

Meanwhile, this interruption occurred during a sensitive period of increased Bitcoin price volatility, but the market response has been relatively stable, with Bitcoin prices remaining around $85,500.

As of the time of writing, Binance has gradually restored services, although some functions still experience delays. However, this incident once again highlights the reality that while the cryptocurrency industry pursues the ideal of decentralization, it must also recognize the high dependence of exchanges on centralized cloud service infrastructures.

How do you think exchanges should reasonably avoid similar outage risks? Can decentralized exchanges (DEX) completely avoid such issues? Which should be prioritized: user asset security or stable system operation?

#币安宕机 #AWS故障 #交易所安全 #云服务风险

The Most Expensive Lesson in the Crypto World: 90% of Losses Start with 'I Can Make an Exception'

Last year, an experiment made my spine tingle:

I recommended the five major exchanges to 100 newcomers simultaneously, and after three months, I followed up —

87 people switched to a smaller exchange ranked in the 'top 28' on 'Non-Small Number', for reasons including but not limited to:

"A friend said there are insider information coins here" (resulting in being continuously harvested)

"Leverage can be opened up to 200 times" (now in a rights protection group)

"The first issue has a new profit rate of 300%" (went to zero in just 18 hours)

"Transaction fee rebate of 80%" (various price manipulation)

This confirms the most paradoxical cognitive loop in the crypto world:

The more of a rookie you are, the more you believe you can crack the dealer's code; the more you are a 'leek', the more you indulge in the thrill of gambling against probabilities.
#币安投票下币 #币安投票 #交易所安全 $BTC
$ETH
$SOL