cryptohacks

📅 July 24, 2025 | Hong Kong
A new blow shakes the crypto ecosystem: Woo X, one of the fastest growing centralized exchanges in Asia, confirmed that he is investigating a “content” security incident that resulted in an estimated loss of $ 14 million, according to The Block.
Although the platform said the attack is controlled and does not affect general operability, thousands of users keep their eyes on possible data leaks and larger losses. This event adds to a long list of recent hacks that remember how fragile that is still centralized in crypto.
What happened exactly?
According to Woo X, an exploit affected a part of the trading infrastructure linked to high liquidity accounts. The team detected irregular movements and blocked transfers immediately, containing the incident before he climbed.
🔍 The key points:
Financial impact: Total estimated loss of $ 14 million in digital assets. Active Research: Cybersecurity experts and Forensic Blockchain work to track the directions involved. Immediate measures: trading and deposits continue operations, but additional audits are evaluated to strengthen vulnerable nodes.
A spokesman declared:
"The incident was quickly contained. No retail user fund is committed so far. We will take all the legal and technical actions necessary to recover the assets."
Context: Woo x under pressure
This Exchange gained popularity for offering depth of institutional liquidity, low commissions and direct connection with suppliers such as Kronos Research. However, this is not his first headache: in 2023 they already faced security problems after an attack on his market Maker.
This new setback could damage confidence at a time when centralized exchanges struggle to differentiate themselves from DEX and attract institutional liquidity without exposing vulnerabilities.
What risks do you leave on the table?
This incident relives classic fears:
🔒 Centralized custody is always easy for sophisticated exploits.
⚡ Users run the risk of losing blocked funds if the scale gap.
🛡️ Woo X reputation is under the magnifying glass just when it competes against giants such as Binance and OKX.
📊 Key figures that size the blow
Estimated loss: $ 14 million (still under audit). Woo X daily volume: $ 400+ million, according to Coingcko.Tokens involved: still without total confirmation, but there is talk of ETH and Stablecoins peers.
Topic Opinion:
"Not Your Keys, Not Your Coins." As more innovative as exchanges, centralized custody will always be a weak point against increasingly creative attackers.
Woo X acted fast, that's positive. But the damage to trust is real. In a market that advances towards self -ustody and the protocols defi without intermediaries, this Hack is a brutal reminder of why many users prefer to control their private keys.
💬 Do you prefer to move your capital to Dex and cold wallets?
Dam your comment ...
#cryptohacks #Cex #defi #blockchain #CryptoNews $ETH

Криптобіржа WOO X тимчасово припинила операції після масштабного зламу, унаслідок якого було втрачено $14 млн. Інцидент, що стався 24 липня 2025 року, торкнувся дев’яти користувацьких акаунтів, з яких зловмисники здійснили несанкціоновані виведення активів, зокрема $BTC , $ETH, $BNB та $ARB . За заявами платформи, хакери скористалися фішинговою атакою, скомпрометувавши пристрій одного з членів команди.
WOO X оперативно зупинила виведення коштів, локалізувала проблему та залучла експертів Seal911 і Hypernative для розслідування. Біржа запевнила, що резерви платформи не постраждали, а втрати користувачів будуть повністю компенсовані. Наразі триває аналіз інциденту, і виведення залишиться призупиненим до завершення перевірки.
Цей випадок став частиною хвилі атак на криптобіржі в липні, включно зі зломами BigONE ($27 млн) та CoinDCX ($44 млн). Експерти наголошують на необхідності посилення безпеки, зокрема захисту від фішингу. Хоча WOO X демонструє готовність відшкодувати збитки, інцидент підкреслює вразливість централізованих платформ. Слідкуйте за новинами крипторинку з #MiningUpdates
#WOOX #cryptohacks #CyberSecurity #cryptocurrency #blockchain #CryptoNews #MiningUpdates

India’s largest crypto exchange, CoinDCX, has reportedly fallen victim to a massive hack, causing an estimated $45 million in damages. This shocking breach has sent ripples across the global crypto community, raising serious questions about the security of digital assets.
While CoinDCX is known for its robust infrastructure and user-friendly platform, this incident highlights how even major exchanges can become targets of sophisticated cyberattacks. The details of how the hack took place are still under investigation, but the losses are already shaking investor confidence.
The crypto world is no stranger to hacks, yet each major breach reminds us of one hard truth: your assets are only as safe as the platform you trust. Experts suggest moving funds to cold wallets and enabling two-factor authentication (2FA) to reduce risk.
What’s next for CoinDCX?
The company has yet to release a full recovery plan, but with $45 million gone, the road ahead may involve tighter security protocols and possible compensation plans for users.
The incident is a harsh wake-up call for both investors and platforms: Cybersecurity is no longer optional it’s survival.
#CoinDCXHack #cryptohacks #CryptoSecurity

In a shocking turn of events CoinDCX one of India’s largest and most trusted cryptocurrency exchanges has reportedly fallen victim to a major security breach. According to sources close to the matter, hackers infiltrated the platform and managed to steal approximately $45 million worth of digital assets.
What Happened?
$BTC
The attack appears to have been a targeted exploit, possibly through a compromised private key or vulnerability in CoinDCX's hot wallet infrastructure. While official details are still emerging, blockchain analysts and on chain tracking firms have already identified suspicious outflows that align with the reported amount lost.
The breach has sparked concern across the Indian crypto community, with many users rushing to withdraw funds or seek clarity from the exchange’s support channels.
CoinDCX's Response
CoinDCX has confirmed the incident and stated that its team is working closely with law enforcement agencies and cybersecurity experts to investigate the breach. In a statement, the exchange said:
“We are actively assessing the situation and taking steps to secure our platform. User funds in cold storage remain safe, and we are committed to full transparency as we work through this.
So far, there has been no official confirmation of whether affected users will be compensated for the losses, though community pressure is mounting.
Industry Reactions
This hack comes at a time when the Indian crypto sector is striving for legitimacy and regulatory clarity. Security lapses of this scale not only shake investor confidence but also provide ammunition for critics of the decentralized finance ecosystem.
Experts are calling for improved security standards across all Indian exchanges, especially as crypto adoption continues to grow. Several security firms have also urged platforms to audit smart contracts and wallet systems more frequently.
Lessons for Crypto Users
Events like this serve as a stark reminder that
Not your keys not your coins.
Always use hardware wallets for long term holdings.
Choose exchanges with proven security track records and insurance policies.
Final Thoughts
As investigations continue, the CoinDCX hack is likely to spark intense debate over crypto security and regulation in India. Meanwhile, users are advised to stay vigilant, monitor official updates, and exercise caution when interacting with centralized platforms
#CoinDCX
#cryptohacks
#CryptoNews
#IndiaCrypto
#CryptoSecurity

On Monday, July 15, decentralized platform Arcadia Finance suffered a serious cyberattack resulting in the loss of approximately $2.5 million. The hackers targeted the platform’s rebalancer on the Base network, a crucial component for liquidity management, siphoning off hundreds of ETH tokens.
Following the attack, the Arcadia team immediately took to X (formerly Twitter) to warn users and urge them to revoke asset manager permissions and deactivate any active rebalancers to prevent further losses.

What happened and how did the hack unfold?
According to analysts from blockchain security firm PeckShield, around 840 ETH (worth approximately $2.5 million at current prices) was stolen. The attackers bridged the stolen assets from Base to Ethereum and used the well-known crypto mixer Tornado Cash to obscure their tracks.
This isn’t the first time Arcadia has suffered a breach — back in July 2023, the platform lost $455,000 due to a code vulnerability exploited by hackers.

Who is behind Arcadia and how are they responding?
Arcadia Finance is backed by Coinbase Ventures and recently joined the Circle Alliance. According to the platform’s website, USDC accounts for over one-third of Arcadia’s total value locked (TVL).
All smart contracts on the platform have been suspended indefinitely, with no timeline given for resumption. In a statement, Arcadia said it is cooperating with security experts, law enforcement, and the wider crypto community, emphasizing that “recovering funds for Arcadia protocol users remains our top priority.”

2025: A Record-Breaking Year for Crypto Hacks
The Arcadia hack adds to a growing list of crypto breaches in 2025, with more than $2.1 billion stolen across over 75 incidents — nearly matching the total annual losses seen in 2024.
While Arcadia’s losses may seem modest, the attack highlights persistent vulnerabilities in the DeFi space, especially involving bridges and smart contracts.
Reports suggest that over 80% of stolen funds this year came from infrastructure exploits, where hackers accessed deeper blockchain systems, rather than exploiting individual contract bugs.

Biggest 2025 Attack: $1.5 Billion Stolen from Bybit
The most devastating hack so far this year was February’s attack on Bybit, where $1.5 billion was drained. The breach is attributed to the North Korea-linked Lazarus Group, and it has nearly doubled the average hack size compared to 2024.
Other notable hacks include:
🔹 Cetus Protocol – $225.6 million lost

🔹 Nobitex (Iran) – $89.1 million stolen, linked to Israeli group Gonjeshke Darande

#cryptohacks , #CryptoScamAlert , #TornadoCash , #defi , #CyberSecurity

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