Exploit Financial News

14.05 / 06:05

Certik Wormhole Exploit Security Firm CertiK Detects $5M Security Flaw in Cross-Chain Bridge Wormhole

Security firm CertiK said it has detected and prevented a flaw in the cross-chain bridge Wormhole which could have resulted in $5 million worth of losses.

15.05 / 05:47

Blockchain Digital hacks Trade reports Exploit Investigations Fraudsters Partially Drain Assets from Crypto Investment Firm BlockTower’s Main Hedge Fund

Digital asset investment firm BlockTower Capital faces a major setback after fraudsters compromised its main hedge fund.

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.

01.05 / 17:25

Smart Contract Exploit Pike Finance Exploit Leads to $1.6M in Stolen Cryptocurrency

Decentralized finance (DeFi) lending protocol Pike Finance smart contract vulnerability led to $1.6 million in stolen funds over three days.

02.03 / 00:49

Ethereum defi Exploit DeFi Exploits in February Cause Losses of $82 Million With Just $1.3 Million Recovered: Report

February 2024 witnessed the DeFi sector grappling with security exploits that led to losses exceeding $82 million.

12.01 / 15:07

Exploit Telcoin Fully Restores User Balance Two Weeks After $1.2 Million Exploit

Financial app developer Telcoin has restored all user balances two weeks after an exploit led to $1.2 million worth of funds being drained from users’ accounts.

05.12 / 20:09

Ethereum ETH Provident Action Strategy Pool stage Exploit Exploit of KyberSwap's Concentrated Liquidity Feature Results in $46 Million Loss

On November 23, 2023, the decentralized finance (DeFi) space was shaken by a meticulously planned exploit of KyberSwap, a leading decentralized exchange (DEX). The exploit, which Doug Colkitt, creator of Ambient exchange, characterized as «the most complex and carefully engineered» he had ever seen, resulted in a loss of approximately $46 million.

02.12 / 01:15

KyberSwap Exploit KyberSwap Announces Grants from Protocol Treasury to Aid Victims of Recent Exploit

The team behind KyberSwap announced that it would offer grants from the protocol’s treasury to victims of the recent exploit, aiming to provide monetary relief.

29.11 / 19:47

Blockchain defi hacks Web3 Cybersecurity security Exploit This Web3 security protocol recovered $800K in user funds after Vulcan Forged exploit

As Web3 gets bigger, it struggles to keep up with the malicious actors targeting users’ funds across different blockchains and networks. This security protocol takes a preventive approach against hacks and exploits, freezing assets before they get stolen.

23.11 / 22:37

Hack scam HTX Exploit HTX (Huobi Global) to Resume Deposits and Withdrawals After $13.6 Million Exploit

Crypto exchange HTX, formerly known as Huobi Global, said it “has now properly handled this attack,” and it will resume deposits and withdrawals within 24 hours after suffering a $13.6 million exploit on Nov. 22.

22.11 / 17:56

Target Software Linux Apache Bitcoin reports infection Exploit Hackers Exploit Apache ActiveMQ Flaw To Mine Crypto

Hackers are currently targeting a critical Apache ActiveMQ vulnerability to download and infect Linux machines with the Kinsing malware and crypto miner.

17.11 / 19:11

Blockchain Twitter Digital Extreme SEC Actor information Exploit SEC Alleges Fraud Against SafeMoon Amidst System Flaw Exploit

The United States Securities and Exchange Commission (SEC) has recently alleged fraud and violations of security rules against the decentralized financial project, SafeMoon. The allegations come in the wake of a significant system flaw exploitation that occurred in March, resulting in a hefty loss of 8.9 million BNB (Binance Coin) from the ledger. The digital assets associated with the security breach have been routed through centralized exchanges, shedding light on potential legal ramifications.

17.11 / 09:33

Provident WhatsApp Experts show performer recommendations Exploit Rupee likely to stay rangebound amid lack of fresh triggers; unable to exploit lower dollar, treasury yields, oil prices

US Federal Reserve will not increase interest rates further and pivot to a rate cut early next year. Rupee is up only 0.1% this week against the US dollar, as compared with 1-2% rally in other Asian currencies. Also Read: The rupee, its fall, slight recovery and what the RBI did “The recovery in the domestic equities backed by foreign fund inflows and lower crude oil prices are providing support to the local rupee.

15.11 / 16:37

crypto assets Poloniex Exploit services Poloniex to Resume Deposits and Withdrawal Services After $100 Million Exploit: Here’s More

Cryptocurrency exchange Poloniex has announced plans to resume operations after it suffered a major hack resulting in losses over $100 million.

13.11 / 19:27

Blockchain security vulnerability Exploit NOT DeFi vulnerability leading to $6.7M exploit 'not detected' by auditors

Decentralized U.S. dollar stablecoin protocol Raft claims that despite multiple security audits, the firm still suffered a security exploit leading to the loss of $6.7 million last week.

10.11 / 13:05

Blockchain exchanges Exploit Poloniex exchange suffers $100M exploit, offers 5% bounty

A crypto wallet belonging to the digital asset exchange Poloniex has experienced suspicious outflows, as seen on blockchain explorer Etherscan. Blockchain security firms believe that the company was breached, leading to as much as $100 million in crypto being drained by the attackers.

09.11 / 18:57

Blockchain Charity Study Bitcoin Exploit Crypto charities can exploit ‘gambler’s fallacy’ to reap larger donations — Study

A team of academic researchers from the United States recently published a study exploring how the “gambler’s fallacy” affected cryptocurrency donations. Their findings indicate that organizations accepting crypto donations could benefit from timing the market.

02.11 / 11:31

Ethereum Binance Hack Bitcoin Multichain Exploit Multichain Bridge Exploit: Trader’s $280K Becomes $1.9 M Windfall

A wallet address has managed to transform nearly 1.9 million Fantom tokens, initially worth $280,000, into $1.9 million after the long-frozen Multichain Bridge momentarily opened.

31.10 / 13:03

Provident Twitter Target Booking Action Pool prevention Exploit Platypus Recovers 90% of Stolen Funds from Recent Exploit

Decentralized finance (DeFi) protocol Platypus has made significant strides in recovering assets stolen in a recent exploit. On 17 October 2023, the protocol announced via its Twitter handle, Platypusdefi, that it had successfully negotiated with the exploiter and recovered 90% of the funds siphoned off from the sAVAX pool during an exploit on 12 October 2023. The recovery reduced the net loss to approximately 18,000 AVAX. The announcement came as a relief to the Platypus community, who had been on tenterhooks since the exploit occurred.

31.10 / 08:25

Blockchain Hackers hacks Altcoin Telegram Uniswap investigation Exploit Unibot contract $560K exploit crashes token price by more than 40%

A new contract deployed on Oct. 29 by Unibot, a popular Telegram bot used to snipe trades on the decentralized exchange Uniswap, was reportedly exploited for roughly $560,000 in various memecoins from users.

25.10 / 11:19

Blockchain Ethereum hacks Telegram Tokens Bot Exploit Telegram trading bot Maestro refunds users 610 ETH after router exploit

Maestrobots, a group of cryptocurrency bots on the Telegram messenger, is refunding users in the aftermath of a 280 Ether (ETH) attack.

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