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DeFi Platform Arcadia Finance Falls Victim to $455K Hack on Ethereum and Optimism
11.7.2023
Arcadia Finance has joined the growing list of DeFi protocols to lose funds in hack exploitation. The hackers leveraged a code vulnerability to siphon about $455,000 from the protocol’s Ethereum and Optimism vaults.
Blockchain sleuth PeckShield alerted about Arcadia’s exploitation in a July...
Arcadia Finance hacker used reentrancy exploit, team demands return of funds
10.7.2023
In a post-mortem report, Arcadia Finance developers said an attacker stole funds by liquidating a vault before it could perform a health check, interrupting the app's normal flow of operations
Today in Crypto: BIS Presents Seven-Point Plan to Prevent CBDC Cyber Attacks, Multiple Scam Warnings Are Issued, Preliminary Hearing for Terraform Co-Founder Daniel Shin Held on Monday
10.7.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: BIS Presents Seven-Point Plan to Prevent CBDC Cyber Attacks, Multiple Scam Warnings Are Issued...
'Scammers' impersonate Crypto Twitter users on Threads as users near 100M
10.7.2023
Threads are already seeing potential crypto scammers arrive on the platform as Crypto Twitter personas warn of impersonators on the app
True Horror Is Mario Kart x Resident Evil's Camera Angles
10.7.2023
The original Mario Kart isn’t the easiest game in the series, especially if you weren’t raised on its Mode 7-induced peculiarities, but that’s a relative thing. It’s fine, it’s still easy to look at, it’s easy to play, that’s why they’re still selling trillions of copies of Mario Kart games to this...
Over $765K worth of NFTs stolen after SIM swap attack on GutterCatGang
8.7.2023
The bad actors utilized a fake GutterCatGang airdrop scam to drain people’s wallets, with at least $700,000 worth of NFTs being stolen from a single address
DeFi ‘circuit breaker’ could slash hack losses by 70%: Finance Redefined
7.7.2023
The top 100 DeFi tokens had a mixed week. Most tokens traded in the same range as the previous week, with a minor bearish correction
Today in Crypto: Saga Pulls Back From Blockchain Gaming, Bitfinex Recovers More Stolen Assets, BarnBridge DAO Members Told to Stop 'All Work' Amidst Investigation, Lightning Labs Releases Tools for Bitcoin Lightning & AI Devs
7.7.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Saga Pulls Back From Blockchain Gaming, Bitfinex Recovers More Stolen Assets, BarnBridge DAO Members Told...
Fantom Coin is Going to Zero After Multichain Bridge Hack but Crypto Whales are Accumulating This Other Coin Instead – Just 10 Days Left
7.7.2023
The price of Fantom Coin (FTM) has dived by 11% in the past 24 hours, after a hack of Fantom's Multichain bridge resulted in a loss of cryptocurrencies worth upwards of $126 million.
At $0.266907, FTM is now down by 14% in a week and by 10% in the last 30 days, with the altcoin remaining up by...
ETH DeFi 'circuit breaker' could cut hack losses by 70% — Developer
7.7.2023
Diyahir Campos, a smart contract developer behind the new ERC proposal, sought to take action after becoming a victim of the Euler Finance hack in March
US Homeland Security returns $314K from 2016 Bitfinex hack
6.7.2023
The funds were seized by U.S. Customs and Border Protection. Recovery efforts for the remaining funds are ongoing
Today in Crypto: BNB Chain Was the Most Targeted Chain in Q2 with 36 Incidents, Crypto Scammers Posing as Canadian Police Officers, Bill to Exempt Foreigners in Israel from Crypto Taxes Passes Preliminary Reading
6.7.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: BNB Chain Was the Most Targeted Chain in Q2 with 36 Incidents, Crypto Scammers Posing as Canadian Police...
Ethereum Users Propose ERC 7265 to Thwart DeFi Hacks – How Does it Work?
5.7.2023
Members of the Ethereum community have proposed a new standard meant to improve the security of decentralized finance (DeFi) protocols and mitigate hacks.
The attacks on DeFi protocols have become all too common, draining billions in user funds. According to DeFiLlama, around $6.6 billion...
Attacker Siphons $10 Million in Crypto From Poly Network – Here's What Happened
4.7.2023
A hacker exploited the Poly Network over the weekend and swapped out nearly $10 million in ETH, security firm Beosin revealed.
Poly Network confirmed via Tweet on July 2nd that it became the latest victim of a DeFi exploit, enabling the hacker to mint $34 billion worth of crypto.
Poly Network,...
HK crypto ETFs on fire, Binance warns on Maverick FOMO, Poly hack: Asia Express
4.7.2023
Hong Kong crypto ETFs grow 80% since December, Binance co-founder warns against FOMOing into MAV with leverage, Poly Network hacked again
Today in Crypto: South Korea Passes the Virtual Asset User Protection Legislation, Poly Network Exploit Affected 57 Cryptos on 10 Blockchains, Crypto Miners Are Turning to AI
3.7.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: South Korea Passes the Virtual Asset User Protection Legislation, Poly Network Exploit Affected 57 Cryptos...
Report: Over $204 Million Lost to DeFi Hacks and Scams in Q2
3.7.2023
More than $204 million was lost in various hacks and scams in the decentralized finance (DeFi) space during the second quarter of 2023, a new report by crypto portfolio app De.Fi has found.
According to the report, the initial loss for the quarter was as high as $208.5 million before $4.5 million...
Poly Network urges users to withdraw after exploit affects 57 crypto assets
3.7.2023
The Poly Network has been exploited again, this time due to compromised private keys according to blockchain security firm Dedaub
PolyNetwork Attacker Issues “Worthless” Billions in SHIB, BNB, BUSD in Latest Crypto Hack
2.7.2023
An estimated $4 billion worth of malicious token issuances on PolyNetwork will not bear much money for attackers due to low liquidity and security precautions
Yield Protocol declares full recovery from Euler hack, awaits user token exchange
27.6.2023
The permissionless, collateralized fixed-rate borrowing and lending market restored operations in May and will now switch out user tokens worth $1.5 million