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Loopscale recovers $2.8M after weekend DeFi hack and bounty talks


DeFi protocol Loopscale has recovered nearly half of the funds stolen during a major exploit over the weekend, as white hat negotiations with the attacker show signs of progress.In an April 29 update posted to X, Loopscale confirmed that approximately 19,463 Wrapped SOL (WSOL) (worth roughly $2.88...

Loopscale recovers $2.8M after weekend DeFi hack and bounty talks


DeFi protocol Loopscale has recovered nearly half of the funds stolen during a major exploit over the weekend, as white hat negotiations with the attacker show signs of progress.In an April 29 update posted to X, Loopscale confirmed that approximately 19,463 Wrapped SOL (WSOL) (worth roughly $2.88...

Monero Price Rises 50% Amid Alleged Money Laundering Activities


The price of Monero, a privacy-focused cryptocurrency, has risen by over 50% overnight on several exchanges, leaving crypto enthusiasts in search of an answer to this sudden increase. Onchain sleuth ZachXBT alleged that this move had been caused by the swap of a high amount of bitcoin to...

DeFi Platform Loopscale Negotiates With $5.7M Exploit Hacker


Loopscale has offered a hacker behind a $5.7 million USDC and 1,200 SOL exploit a deal: return 90% of the funds and keep 10% as a bounty, with full immunity from liability. Attack Impacts 12% of Funds on Loopscale Loopscale, the on-chain borrowing and lending platform, has offered the hacker behind...

Solana's Loopscale pauses lending after $5.8M hack


Solana decentralized finance (DeFi) protocol Loopscale has temporarily halted its lending markets after suffering an approximately $5.8 million exploit. On April 26, a hacker siphoned approximately 5.7 million USDC (USDC) and 1200 Solana (SOL) from the lending protocol after taking out...

Solana's Loopscale pauses lending after $5.8M hack


Update (April 26 at 8:57 PM UTC): This article has been updated to include updates from Loopscale. Solana decentralized finance (DeFi) protocol Loopscale temporarily halted its lending markets after suffering an approximately $5.8 million exploit. On April 26, a hacker siphoned approximately...

Zksync Hacker Returns Stolen Funds, Keeps 10% Reward


The hacker who made off with $5 million in unclaimed ZK tokens complied with the safe harbor deadline and returned the funds, according to the Zksync Association. Hacker Cooperates to Collect Bounty The Zksync Association said the hacker who compromised an admin account and stole $5 million...

DeFi platform KiloEx to compensate users impacted by $7.5M hack


Decentralized exchange (DEX) KiloEx said it will compensate traders and stakers hurt by a $7.5 million exploit that temporarily shut down the platform earlier in April.In an April 24 announcement, KiloEx said traders who had positions open while the platform was suspended would get full...

DeFi platform KiloEx to compensate users impacted by $7.5M hack


Decentralized exchange (DEX) KiloEx said it will compensate traders and stakers hurt by a $7.5 million exploit that temporarily shut down the platform earlier in April.In an April 24 announcement, KiloEx said traders who had positions open while the platform was suspended would get full...

Nintendo Ratchets Up Hunt For Mysterious User Behind Massive Pokémon Leak


All hell broke loose in the Pokémon community last October when leaked internal documents, game builds, and more from developer Game Freak appeared online. Fans got a front row seat to everything from upcoming project codenames to a rapidly meme-ified Typhlosion backstory. It may have been...

Bybit CEO Ben Zhou Provides Update on Hacked Funds and Recovery Efforts


Ben Zhou, co-founder and CEO of Bybit, has released an executive summary detailing the status of hacked funds totaling approximately $1.4 billion, or around 500,000 ETH. According to Zhou, 68.57% of these funds remain traceable, while 27.59% have gone dark, and 3.84% have been frozen....

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