Monday, February 6, 2023
  • Advertise With Us
  • Write For Us
  • Contact Us
  • About Us
  • Editorial Calendar
Download Latest Issue - Free!
The Cyber Express
Ransomware Report
  • Magazine
  • Firewall Daily
    • All
    • Dark Web News
    • Data Breach News
    • Hacks
    • Ransomware
    • Vulnerabilities
    Hacking depiction in hollywood

    Hollywood and its Quest with Nailing Hacking Depictions

    Internet Censorship and Freedom of Speech

    Internet Censorship and Freedom of Speech

    Voice Networks

    Voice Networks are Under Attack – is Anybody Listening?

    Anonymous Sudan Declares War on American Corporate Giants with Devastating DDoS Onslaughts

    Dominic Alvieri

    After Hive, Will More Ransomware Groups be Taken Down in 2023?

    McEwan Fraser Legal

    ALPHV Ransomware Hits UK Realty Firm McEwan Fraser Legal, 300GB Data On The Line

    Kewal Kiran

    Indian Apparel Manufacturer Kewal Kiran Clothing’s Data Out For Sale

    BATLoader

    Stealthy BATLoader Lurks Under PowerShell Script to Evade Detection and Launch Malware

    Guardian Analytics Data Leak

    Guardian Analytics Data Leak: Ransomware Groups Daixin Team and Lockbit List Firm as Victim

  • Essentials
    • All
    • Compliance
    • Governance
    • Policy Updates
    • Regulations
    TRAI

    TRAI Asked to Involve MoD in Drafting Big Data Regulations & Policies

    cybersecurity

    Cybersecurity incidents may soon be ‘uninsurable’

    Australia

    Australia Ropes in Tech Veterans to Set Up Cyber Action Plan

    Active Directory

    Prevent Ransomware: Save the Active Directory

    Privacy Penalty Bill

    Privacy Penalty Bill: Australian Parliament Approves Heavy Fines

    Zero Trust Strategy

    US Department of Defense to Embrace Zero Trust Strategy

    browser hijackers

    Researchers Find Browser Hijackers on Google Chrome Web Store

    DORA proposal

    DORA Proposal for Cybersecurity Awaits Full Approval by Council and ESAs

    Privacy penalty bill

    Australia Privacy Penalty Bill 2022: Pay a $50 Million Fine for Data Breaches

    • Regulations
    • Compliance
    • Governance
    • Policy Updates
  • Features
    • Cyber Warfare
    • Espionage
    • Workforce
      • Learning & Development
  • Business News
    • Startups
    • Mergers & Aquisitions
    • Partnerships
    • Appointments
    • Budgets
    • Research
      • Whitepapers
      • Sponsored Content
      • Market Reports
    • Interviews
      • Podcast
  • Events
    • Webinars
    • World CyberCon Middle East 2023
    • Endorsed Events
  • Advertise
No Result
View All Result
The Cyber Express
  • Magazine
  • Firewall Daily
    • All
    • Dark Web News
    • Data Breach News
    • Hacks
    • Ransomware
    • Vulnerabilities
    Hacking depiction in hollywood

    Hollywood and its Quest with Nailing Hacking Depictions

    Internet Censorship and Freedom of Speech

    Internet Censorship and Freedom of Speech

    Voice Networks

    Voice Networks are Under Attack – is Anybody Listening?

    Anonymous Sudan Declares War on American Corporate Giants with Devastating DDoS Onslaughts

    Dominic Alvieri

    After Hive, Will More Ransomware Groups be Taken Down in 2023?

    McEwan Fraser Legal

    ALPHV Ransomware Hits UK Realty Firm McEwan Fraser Legal, 300GB Data On The Line

    Kewal Kiran

    Indian Apparel Manufacturer Kewal Kiran Clothing’s Data Out For Sale

    BATLoader

    Stealthy BATLoader Lurks Under PowerShell Script to Evade Detection and Launch Malware

    Guardian Analytics Data Leak

    Guardian Analytics Data Leak: Ransomware Groups Daixin Team and Lockbit List Firm as Victim

  • Essentials
    • All
    • Compliance
    • Governance
    • Policy Updates
    • Regulations
    TRAI

    TRAI Asked to Involve MoD in Drafting Big Data Regulations & Policies

    cybersecurity

    Cybersecurity incidents may soon be ‘uninsurable’

    Australia

    Australia Ropes in Tech Veterans to Set Up Cyber Action Plan

    Active Directory

    Prevent Ransomware: Save the Active Directory

    Privacy Penalty Bill

    Privacy Penalty Bill: Australian Parliament Approves Heavy Fines

    Zero Trust Strategy

    US Department of Defense to Embrace Zero Trust Strategy

    browser hijackers

    Researchers Find Browser Hijackers on Google Chrome Web Store

    DORA proposal

    DORA Proposal for Cybersecurity Awaits Full Approval by Council and ESAs

    Privacy penalty bill

    Australia Privacy Penalty Bill 2022: Pay a $50 Million Fine for Data Breaches

    • Regulations
    • Compliance
    • Governance
    • Policy Updates
  • Features
    • Cyber Warfare
    • Espionage
    • Workforce
      • Learning & Development
  • Business News
    • Startups
    • Mergers & Aquisitions
    • Partnerships
    • Appointments
    • Budgets
    • Research
      • Whitepapers
      • Sponsored Content
      • Market Reports
    • Interviews
      • Podcast
  • Events
    • Webinars
    • World CyberCon Middle East 2023
    • Endorsed Events
  • Advertise
No Result
View All Result
The Cyber Express
No Result
View All Result
Home Firewall Daily

ZB Exchange Hacked, Loses $5 Million

Editorial by Editorial
August 5, 2022
in Firewall Daily
2
ZB Exchange Hacked, Loses $5 Million
585
SHARES
3.3k
VIEWS
Share on LinkedInShare on Twitter
Listen to this story

ZB Exchange became the latest victim of a cybersecurity breach after hackers walked away with nearly $5 million from the digital exchange and cryptocurrency website ZB Exchange.

This Tuesday, the self-proclaimed “world’s most secure” crypto company lost over 20 cryptocurrencies. The stolen asset included SHIB, USDT and MATIC.

You might also like

Hollywood and its Quest with Nailing Hacking Depictions

Internet Censorship and Freedom of Speech

Voice Networks are Under Attack – is Anybody Listening?

Following the heist, ZB Exchange suspended withdrawals, citing “temporary maintenance” as the reason on their blog. “Due to the sudden failure of some core applications, it still takes time to troubleshoot the problem. Deposit and withdrawal services are now suspended,” they wrote in the post.

ZB announced that they were alerted about the hack after reading about it on social media. Blockchain security firm PeckShield reported the hack on Twitter. This is the third hacking incident reported on a crypto website after Nomad and Solana on such a scale. Nomad lost US$200 million on Tuesday, while Solana suffered a loss of over 7,700 wallets on Wednesday.

According to the tweet, the steal was resold on other decentralized exchanges for Ethereum. However, this claim is yet to be confirmed by the authorities. The post added that the hackers removed over $880,235.55 in USDT, $441,357.71 in SAND to the ken, $344,376.00 in DAWN, and that totalled up to $4,767,945,47.

It is speculated that the decentralized community of the cryptocurrency industry has a weak security structure that fails to combat hacking attempts.

As per research, blockchain hackers have walked away with nearly $1.3 billion in Q1 of this year. The report showed a statistic of almost 78 hacks in Q1. The recent number of hacks has led to doubts among people, especially after many have lost their savings. Companies seek to increase security measures after such incidents while angry users demand answers.

Share this:

  • Click to share on LinkedIn (Opens in new window)
  • Click to share on Reddit (Opens in new window)
  • Click to share on Twitter (Opens in new window)
  • Click to share on Facebook (Opens in new window)
  • More
  • Click to email a link to a friend (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)

Related

Tags: blockchaincrypto walletcryptocurrencycyber expresscyber express newsdata breachhacknomadSolanaZB ExchangeZB exchange hacked
Previous Post

Researchers Decode The Stegomalware Surge. What does it mean?

Next Post

Cybersecurity Agencies Reveal Top Malware Strains of 2021

Editorial

Editorial

The Cyber Express is a publication that aims to provide the latest news and analysis about the information security industry. The news comes from a variety of sources and is updated regularly so that readers can stay up to date with the latest happenings in this rapidly growing field.

Related Posts

Hacking depiction in hollywood
Features

Hollywood and its Quest with Nailing Hacking Depictions

by Editorial
February 5, 2023
Internet Censorship and Freedom of Speech
Features

Internet Censorship and Freedom of Speech

by Editorial
February 5, 2023
Voice Networks
Features

Voice Networks are Under Attack – is Anybody Listening?

by Editorial
February 4, 2023
Firewall Daily

Anonymous Sudan Declares War on American Corporate Giants with Devastating DDoS Onslaughts

by Ashish Khaitan
February 4, 2023
Dominic Alvieri
Firewall Daily

After Hive, Will More Ransomware Groups be Taken Down in 2023?

by Vishwa Pandagle
February 4, 2023
Next Post
Cybersecurity Agencies Reveal Top Malware Strains of 2021

Cybersecurity Agencies Reveal Top Malware Strains of 2021

Comments 2

  1. Pingback: Hackers Exploit Exposed VNC, Access 8000 Systems
  2. Pingback: Hacker Makes Over $200,000 by Selling Stolen Songs

Latest Issue is Out. Subscribe Now

Ai in Cybersecurity - Cybersecurity Magazine by The Cyber Express

Download Now



Follow Us On Google News

Never miss an update. Subscribe!

* indicates required

Recommended

Yanluowang Ransomware Gang

Yanluowang Ransomware Gang Hacked, Internals Chats Leaked

November 7, 2022
Cyber Monday Deals

Cyber Monday Deals 2022: How To Shop Smart & Get Best Discounts

November 26, 2022

Categories

Don't miss it

Hacking depiction in hollywood
Features

Hollywood and its Quest with Nailing Hacking Depictions

February 5, 2023
Internet Censorship and Freedom of Speech
Features

Internet Censorship and Freedom of Speech

February 5, 2023
Voice Networks
Features

Voice Networks are Under Attack – is Anybody Listening?

February 4, 2023
Firewall Daily

Anonymous Sudan Declares War on American Corporate Giants with Devastating DDoS Onslaughts

February 4, 2023
LockBit. Ion Group
Cybersecurity News

LockBit Claims Ransom From ION Group, Firm Declines To Comment

February 4, 2023
Dominic Alvieri
Firewall Daily

After Hive, Will More Ransomware Groups be Taken Down in 2023?

February 4, 2023

About

The Cyber Express

Cybersecurity News and Magazine

The Cyber Express is a handbook for all stakeholders of the internet that provides information security professionals with the latest news, updates and knowledge they need to combat cyber threats.

Follow The Cyber Express

Contact

For editorial queries: [email protected]

For marketing, PR & media partnerships: [email protected]

For media kit and digitals sales: [email protected]

For Sponsorship/Event Partnership: [email protected]

For Conferences related information: [email protected]

Our Address

We’re remote friendly, with office locations around the world:

San Francisco, Atlanta, Rome,
Dubai, Mumbai, Bangalore, Hyderabad,  Singapore, Jakarta, Sydney, and Melbourne

 

Headquarters:

The Cyber Express LLC
555 North Point Center E
Alpharetta, GA 30022, USA.

Tel: (678) 578-8838

Subscribe to Our Feed

RSS Feeds

Follow Us On Google News

© 2022 The Cyber Express (Cybersecurity News and Magazine) | By Cyble Inc.

No Result
View All Result
  • Firewall Daily
  • Business News
  • Cyber Essentials
  • Features
  • Cybersecurity Magazine
  • Events
    • World CyberCon Middle East 2023
    • Webinars

© 2022 The Cyber Express (Cybersecurity News and Magazine) | By Cyble Inc.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.