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The BonqDAO Protocol loses $120 million to an oracle breach


The crypto community faces another grim situation as BonqDAO announced a $120 million breach. A recent oracle breach put the protocol at risk, and the attacker changed the price of ALBT. In addition, the attacker minted huge amounts of BEUR, which were later used to swap for other tokens....

North Korean Lazarus Group Linked to New Cryptocurrency Hacking Scheme


The Lazarus group, a North Korean hacking organization previously linked to criminal activity, has been connected to a new attack scheme to breach systems and steal cryptocurrency from third parties. The campaign, which uses a modified version of an already existing malware product called...

Bitcoin Options Giant Deribit Loses $28 Million in Hot Wallet Hack


The world’s largest bitcoin options exchange, Deribit, was hacked for close to $28 million, according to an update from the company’s official Twitter account on Nov. 2. Deribit says that the firm’s hot wallet was drained just before midnight the day prior. Crypto Derivatives...

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