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Coinbase Users Sharing Crypto Portfolios, ETFs in US & India + More News
15.11.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________
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Read More: Coinbase Users Sharing Crypto Portfolios, ETFs in US & India + More News
CREAM Price Tumbles Following Rising Supply News
15.11.2021
The decentralized lending protocol Cream Finance's native token has fallen off a cliff following the news that the project aims to increase CREAM's supply in order to compensate users affected by the recent hack.
At 9:46 UTC Monday morning, CREAM is trading at USD 50.23 per coin, down by 10.8%...
Unnamed South African Investor Proposes Buying 51% Stake in Collapsed Crypto Firm for $5 Million
12.11.2021
An unknown investor has proposed to acquire a 51% stake in Africrypt — the collapsed cryptocurrency investment company — for a purchase price of $5 million. However, in exchange for the offer, the investor wants all criminal proceedings against Africrypt directors dropped. Offer Must...
Synapse Bridge prevents $8M USD hack
9.11.2021
Network validators were able to identify unusual activity in the platform’s AMM metapools and prevent the fraudulent transaction
Shanghai Man: $130M hack raises suspicions, Chinese miners head to Laos, Huobi’s moon mission
5.11.2021
Game over! Squid Game-inspired crypto scam collapses as price crashes from $2.8K to zero
2.11.2021
Dubbed SQUID, the cryptocurrency had rallied by as much as 75,000% to cross over $2,850 but dropped to near zero on Nov. 1
Cream Finance Suffers $130 Million Hack
29.10.2021
Ethereum defi protocol Cream Finance suffered an exploit yesterday that allowed attackers to steal $130 million from its holdings. The news was first revealed by Peckshield, a blockchain analytics company that discovered a flash loan had exploited the platform. This is the third hack the protocol...
BREAKING: Cream Finance appears to have suffered major loss in flash loan hack
27.10.2021
Malicious actors continue to target decentralized finance projects for their exploits. On Wednesday, a major DeFi lending platform suffered a flash loan attack
CoinMarketCap hack reportedly leaks 3.1 million user email addresses
23.10.2021
3.1 million email addresses linked to CoinMarketCap accounts were reportedly being traded on hacking forums, according to Have I Been Pwned
Twitch Says 'Malicious Third Party' Was Behind Hack
7.10.2021
Twitch has just issued an update after yesterday’s major attack on the service, which resulted in the theft and then public posting of, among other things, the platform’s source code. According to their ongoing investigation, a “a malicious third party” is responsible.Read more
DeFi security project 'Lossless' helps recover $16.7M from Cream Finance hack
4.10.2021
Lossless also plans to ship a security tool that will reportedly aid DeFi projects in preventing hacks and exploits on their platforms
Coinbase Reveals Massive Hack of User Accounts: Over 6,000 Customers Lost Funds
2.10.2021
The Nasdaq-listed cryptocurrency exchange Coinbase has disclosed that at least 6,000 users were victims of a hacking campaign to gain unauthorized access to the accounts of Coinbase customers. The hackers also took advantage of a flaw in Coinbase’s SMS Account Recovery process to gain access...
Avalanche Defi Platform Vee Finance Attacked — $35 Million in ETH, BTC Siphoned
21.9.2021
On September 21, 2021, an Avalanche-based decentralized finance (defi) platform Vee Finance announced that it suffered from an incident that siphoned 8,804 ether and 213 bitcoin out of the system. The team has suspended the defi platform contracts and stressed that the stablecoins have not been...
Pnetwork Protocol Gets Hacked, Loses 277 Bitcoin on Binance Smart Chain
21.9.2021
Pnetwork, a multi-chain bridging protocol, announced it was hacked yesterday, losing 277 pbtc (its bridged version of bitcoin) on Binance Smart Chain. The protocol acknowledged that an attacker managed to exploit a bug in its codebase to take control of the stolen bitcoin. The bridging contracts...
Biggest Bank in Venezuela Suffers 5 Day Outage After Hack Attempt
21.9.2021
The Bank of Venezuela, one of the biggest state banks in the country, is now experiencing an outage that has left its customers without services for five days. The bank published a PR statement stating this was the result of a “terrorist attack” on the national financial system, being...
Custodial Lightning Network Service Attack Discovered by LN ‘Newbie’ — Hacker Strikes 6 LN Custodians
20.9.2021
On September 18, a Redditor posted to the r/bitcoin forum and explained how he discovered a way to “attack [the] lightning Network’s custodial services.” The Reddit account dubbed “Reckless Satoshi” wanted to figure out if a “discrepancy between real...
Latest DeFi hack targeting BSC sees $12.7M in Bitcoin stolen from pNetwork
20.9.2021
Roughly $12.7 million worth of tokenized Bitcoin has been stolen from the BSC-based cross-chain composability platform pNetwork
Directors of Collapsed South African Crypto Investment Firm to Testify via Virtual Platform
19.9.2021
Ameer and Raees Cajee, the two directors of the South African crypto-investment platform, Africrypt, are set to participate in an inquest that seeks to seal the fate of the collapsed firm. The Death Threats According to an Itweb report, the Cajee brothers — who have agreed to testify...
Sushi’s token launchpad Miso hacked for $3M
17.9.2021
Sushi’s CTO will instruct their lawyer to “file an IC3 complaint with the FBI” if the suspected hacker doesn’t return funds
Zabu Finance Suffers First Big Exploit in Avalanche Defi, Loses $3.2 Million
15.9.2021
Zabu Finance, a decentralized yield farming protocol on Avalanche, suffered the first big hack related to the chain. The protocol was the victim of an exploit that allowed an attacker to steal $3.2 million in tokens, according to reports. The core of the exploit happened due to a vulnerability...