Follow crypto hack news, exploits, bridge attacks, protocol breaches, and security lessons from major incidents across Web3.
WazirX opts for Panama headquarters as Singapore tightens crypto regulations, raising eyebrows among industry watchers.
Oluwapelumi Adejumo 2 min read 
Legal battles loom for Coinbase over delayed breach disclosure and insider hacks.
The amount was frozen by Sui validators following the May 22 hack, locking most of the tokens stolen in the attack.
The reimbursement of the $223 million stolen depends on the community voting to return the assets frozen by Sui validators.
The hackers breached one of Gokal's email accounts days before the incident, which has no relation with Coinbase's recent data breach.
The bounty follows a lack of response from the hacker and comes amid centralization concerns regarding Sui validators.
The Cetus exploit caused a drop in Sui ecosystem token prices, affecting user confidence and liquidity providers alike.
Coinbase is under regulatory and public fire for the recent data breach as its response and user agreement updates are questioned.
The DOJ probe marks an escalation in the response to what is now one of the most costly insider-related breaches in the crypto sector.
