thorchain

SafePal is a hardware and software cryptocurrency wallet founded in 2018 by Veronica Wong and incubated by Binance Labs, with over 10 million claimed users. The platform has been surrounded by multiple serious security incidents including a malicious Firefox extension that impersonated the wallet for seven months in 2021, a Binance-backed Launchpad token (SFP), hardware vulnerabilities disclosed by Kraken Security Labs, and a $6.5–7 million theft linked to a tampered hardware wallet sold via the Chinese platform Douyin (TikTok China). SafePal itself has not been hacked directly, but its brand has been repeatedly exploited by third-party threat actors, and ZachXBT has documented its wallets appearing in fund-laundering flows.

CoinSpot is an Australian cryptocurrency exchange founded in 2013 by Russell Wilson and headquartered in Melbourne. It is registered with AUSTRAC as a Digital Currency Exchange (since May 2018) and holds ISO 27001 certification. On November 8, 2023, the platform suffered a suspected private key compromise resulting in the loss of approximately 1,283 ETH (~$2.4 million USD), with stolen funds bridged to Bitcoin via THORChain and Wan Bridge. No customer funds were reported lost in the incident.