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Alex Labs freezes $3.9M of exploited funds sent to CEXs after hack
17.5.2024
The team behind the Bitcoin layer-2 developer has successfully frozen some exploited crypto after the attacker tried to cash out by sending funds to exchanges
Bitcoin bridge XLink resurrection underway post $10M hack
17.5.2024
XLink faced a security breach involving almost $10 million, with $4.3 million recovered thanks to a friendly neighborhood whitehat hacker
How 2 Brothers Allegedly Cheated a Noxious-But-Accepted Ethereum Practice for $25M
16.5.2024
First there was "The Bait." Then there was "Unblinding the block," followed by "The Search," and ultimately "The Propagation." U.S. prosecutors detailed an incredibly complicated Ethereum exploit in an indictment
Binance develops ‘antidote’ to address poisoning scams after $68M exploit
16.5.2024
Binance’s new algorithm has already helped detect over 13.4 million spoofed blockchain addresses on BNB and over 1.68 million on Ethereum
Brothers Accused of $25M Ethereum Exploit as U.S. Reveals Fraud Charges
15.5.2024
The alleged 12-second attack related to the controversial practice known as MEV, or maximal extractable value
Sonne Finance Suffers $20M Exploit, Hacker Flees
15.5.2024
Lending protocol Sonne Finance halted operations after a hack drained $20 million in cryptocurrencies, including WETH and USDC, and flees.
The post Sonne Finance Suffers $20M Exploit, Hacker Flees appeared first on Cryptonews
Fraudsters Partially Drain Assets from Crypto Investment Firm BlockTower’s Main Hedge Fund
15.5.2024
Digital asset investment firm BlockTower Capital faces a major setback after fraudsters compromised its main hedge fund. Bloomberg reported that the stolen funds remain unrecovered, and the hackers haven't been caught yet.
The post Fraudsters Partially Drain Assets from Crypto Investment Firm...
Alex bridge on BNB is drained of $4.3M after suspicious upgrade — Certik
14.5.2024
The deployer account changed an Alex contract’s implementation address, and multiple tokens were subsequently drained from its bridge
Security Firm CertiK Detects $5M Security Flaw in Cross-Chain Bridge Wormhole
14.5.2024
Security firm CertiK said it has detected a flaw in the cross-chain bridge Wormhole which could have resulted in $5 million worth of losses.
The post Security Firm CertiK Detects $5M Security Flaw in Cross-Chain Bridge Wormhole appeared first on Cryptonews
Middle East-Focused Crypto Exchange, Rain, ‘Likely Exploited’ for $14.8 Million, Says Zachxbt
13.5.2024
The cryptocurrency exchange Rain, which focuses on the Middle East, was likely exploited for $14.8 million on April 29, according to online crypto investigator Zachxbt. Zachxbt says he traced the stolen funds to a bitcoin address with 137.9 bitcoins and an ethereum address holding 1,881 ether....
CertiK discovered $5M security flaw in Wormhole bridge on Aptos
13.5.2024
A flaw in the bridge could have allowed an attacker to produce fake token transfers, but it was discovered and patched before anyone could take advantage of it
Rain exchange suffered $14.1M in suspicious outflows 2 weeks ago — ZachXBT
13.5.2024
Several wallets reportedly belonging to Rain sent suspicious token transfers to a new address
Crypto Exchange Rain Hit by $14.8M Exploit: ZachXBT
13.5.2024
Bahrain-based crypto exchange Rain fell victim to a $14.8 million exploit, according to blockchain sleuth ZachXBT
Gains Network Fork Bug Allowed Traders To Profit 900% On Every Trade: Report
10.5.2024
The Ethereum layer-2-based Gains Network was vulnerable to having all of its funds drained, according to Zellic.
The post Gains Network Fork Bug Allowed Traders To Profit 900% On Every Trade: Report appeared first on Cryptonews
Kronos Research hacker shifts funds to Tornado Cash
7.5.2024
Kronos Research was exploited for $25 million in November last year, and one of the six wallets linked to the hacker started moving funds to Tornado Cash on May 7
GNUS Discord hack causes $1.27M in losses
6.5.2024
The attacker was able to view team members’ private Discord messages, allowing them to gain access to the team’s wallet address and mint 100 million fake tokens
Crypto Now Has a 'Neighborhood Watch' to Guard Against Hacks
6.5.2024
Justine Bone, a cybersecurity firebrand whose research led to recalls of half a million faulty pacemakers, leads the new information-sharing and analysis center for crypto firms
Hundred Finance hacker moves stolen assets a year after $7M exploit
2.5.2024
The hacker holds about $4.3 million in various crypto assets in their Ethereum wallet
Attackers Steal $1.6 Million in Digital Assets From Defi Protocol Pike Finance
2.5.2024
Unknown attackers recently siphoned digital assets valued at just under $1.6 million from the decentralized finance protocol, Pike Finance. The protocol announced it is offering a 20% reward for the return of the funds, while an ongoing investigation into the incident continues. USDC Vulnerability...
Pike Finance clarifies ‘USDC vulnerability’ statement on $1.6M exploit
2.5.2024
Pike highlighted that the exploit occurred due to their team’s inadequate integration of third-party technologies such as the CCTP or Gelato Network’s automation services