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New Crypto Unicorn, DAO Hack, Police Seize USD 9.5M in Ethereum + More News
12.8.2021
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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Investments news
Crypto tax and accounting software maker TaxBit has raised USD 130m in a Series B round led by venture firms IVP and Insight...
Kucoin Boss on Strategy After Hack: ‘We Chose to Act’
12.8.2021
Kucoin, one of the leading crypto exchanges, suffered a hacking incident in 2020 where over $250 million was stolen. However, immediately after the hacking was reported, Kucoin began cooperating with various players from the crypto industry. This cooperation ultimately led to the recovery of...
Poly Network Defi Hacker Returns a Large Fraction of Tokens, Chainalysis Evaluates Hacker’s Onchain Movements
12.8.2021
On August 11, the blockchain intelligence firm Chainalysis published its findings on the recent Poly Network hack which saw the loss of approximately $611 million crypto tokens. The assessment from Chainalysis backed up the claims made by the security company called Slowmist that shows the hacker...
Poly Network hacker returns $258M, conducts AMA on how it went down
12.8.2021
$258 million worth of stolen crypto assets have been returned so far and the hacker claims they are keeping the rest of the funds safe while they negotiate with Poly
Poly Network hacker returns less than 1% of the $600M theft
11.8.2021
The returned sum represents only a minor portion of the over $600 million stolen from Poly Network
Poly Network Hacker Returns $4.7M in Funds — Attacker Asks Devs to Unlock Frozen Tether Stash
11.8.2021
On Tuesday, the decentralized finance (defi) project Poly Network was hacked for over $600 million in digital assets. The attack was the largest defi hack to date eclipsing all of 2021’s defi hacks combined. The very next day, however, the hacker started to send funds back to the Poly Network...
Poly Network Hacked for More Than $600 Million — Hacker Trolls Project Saying ‘It Could Have Been a Billion’
10.8.2021
On August 10, the decentralized finance (defi) project Poly Network suffered a loss of over $600 million according to various reports. The hack follows a recent Ciphertrace report on how defi-related hacks and fraud in 2021 have already surpassed 2020. The Poly Network hack on Tuesday is well above...
Analysis of the Popsicle Finance Hack
5.8.2021
Yesterday at 10:53 pm (UTC), a major hacking incident occurred in Popsicle Finance’s Sorbetto Fragola pool. The hackers drained out nearly 85% of this pool. But other pools like ICE farming contracts, ICE token contracts, and Nice Staking have not been affected by this incident. A total of $20.7...
South Africa Bitcoin Heist: Court Grants Liquidators Authority to Track Missing Africrypt Investor Funds
3.8.2021
A South African court has granted liquidators of the collapsed bitcoin investment firm Africrypt the powers to track down missing investor funds. Also, as part of the court decision, Africrypt liquidators will now have the authority to sell assets and property belonging to the company....
Africrypt Bitcoin Heist: Contradicting Reports About the Directors Whereabouts Surface
27.7.2021
In a new twist to the Africrypt saga, two different reports have made contradicting claims about the whereabouts of Raees and Ameer Cajee, the two directors of the collapse bitcoin investment firm. However, both reports suggest the Cajees brothers had planned their escape prior to the alleged...
RUNE Recovers 11% After Crash and Thorchain USD 8M Hack
23.7.2021
Following another hack suffered by blockchain protocol Thorchain, and the sharp drop in RUNE's price, the coin is now recovering.
The price of the native token crashed 23% in a couple of hours between July 22 and 23 (UTC). It has gone back up 11% since then. At 7:45, it's trading at around USD...
Pro-Trump MAGACOIN crypto launch marred by website data breach
23.7.2021
Roughly 75 million MAGACOIN were created to support pro-Trump candidates in 2022
Bondly Finance urges users to stop trading following alleged exploit
15.7.2021
The DeFi platform’s native token price dropped more than 60% following a compromise by an unknown party
NFT Vision Hack: Shaping the Future of the NFT Space
7.7.2021
Nifty Labs Gibraltar, Indorse, and Coinsilium are thrilled to announce the NFT Vision Hack. The global online hackathon will take place between July 3 and August 30. NFT Vision Hack brings together talented blockchain developers, artists, game developers, and NFT creators, to build innovative...
Brazilian ‘King of Bitcoin’ Arrested for Involvement in Alleged $300 Million Fraud
6.7.2021
Claudio Oliveira, owner of the Bitcoin Bank in Brazil and known as the ‘King of Bitcoin,’ was arrested yesterday for his alleged participation in a fraud scheme involving $300 million. According to inquiries from federal authorities, Oliveira faked a Bitcoin hack back in 2019 in which...
Joe Biden Directs US Intelligence to Investigate Ransomware Attack Against Florida IT Firm
5.7.2021
Joe Biden wants to crackdown on ransomware according to statements he made on Friday, after hackers hijacked software from a Miami-based IT supplier called Kaseya. Hundreds of American businesses were affected by the breach as the attackers encrypted the files of some 200 clients. Biden said...
Apex Legends Hackers Fill Game With Messages Complaining About Titanfall Hackers
4.7.2021
Early this morning, Apex Legends seems to have been hacked by folks who feel Respawn hasn’t done enough to fight hackers in its original game, Titanfall.Read more
Hack the “Deploy to Netlify” Button Using Environment Variables to Make a Customizable Site Generator
1.7.2021
If you’re anything like me, you like being lazy shortcuts. The “Deploy to Netlify” button allows me to take this lovely feature of my personality and be productive with it.
Clicking the button above lets me (or you!) instantly …
The post Hack the “Deploy...
South African asset manager denies stealing billions from users, claims $5M was lost in hack
29.6.2021
AfriCrypt’s founders deny running off with billions in customers funds, asserting they went into hiding after receiving death threats from “dangerous people.”
Polygon-Based Defi Stablecoin Safedollar Plunges to Zero — Team Is Investigating Exploit
28.6.2021
The algorithmic decentralized finance (defi) stablecoin safedollar (SDO) has been attacked, according to statements published on its Telegram channel. The safedollar token did not remain stable following the attack, as the defi stablecoin’s price collapsed to zero. Safedollar Stablecoin Price...