Crypto Exploit Financial News

21.05 / 14:35

security breach Gala Games Crypto Exploit Gala Games Hit by $23 Million Token Exploit Due to ‘Messed Up’ Internal Controls

Gala Games, a prominent blockchain gaming platform, experienced a significant security breach that resulted in the unauthorized sale of 600 million GALA tokens, valued at $23 million. CEO Eric Schiermeyer confirmed that the incident was attributed to inadequate internal controls.

09.05 / 23:47

defi Exploit Crypto Exploit Gains Network Fork Bug Allowed Traders To Profit 900% On Every Trade: Report

A fork of the Gains Network – an ecosystem of DeFi products on Polygon and Arbitrum – was allowing traders to claim 10X gains on every trade, no matter the price of their tokens traded, according to blockchain security experts.

01.02 / 08:07

defi Hackers hacks Exploit Crypto Exploit Crypto exploit losses in January see nearly 93% year-on-year decline

Aside from the bullish crypto market rally in January, there’s been more positive industry news as the month saw a decline in losses from exploits compared to the same time last year.

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