FTX’s Cybersecurity Was Hilariously Bad

According to Gizmodo*, FTX, the once beloved crypto exchange that went down in a ball of financially flames last November, appears to have spent very little effort protecting its customers’ vast reserves of digital assets. The company’s latest bankruptcy report reveals that, in addition to managing its finances like a Jim-Beam-swigging monkey, the disgraced crypto … More FTX’s Cybersecurity Was Hilariously Bad

FTX says $415 million lost in hack

According to the BBC, collapsed cryptocurrency exchange FTX says that around $415m (£338m) of crypto has been stolen by hackers. About $323m was hacked from its international exchange and $90m from its US platform since the firm filed for bankruptcy, FTX’s CEO says.FTX co-founder Sam Bankman-Fried has been accused of stealing billions of dollars from … More FTX says $415 million lost in hack