Exploit Financial News

11.07 / 22:43

UPS AXY Currency Indices Infinity Exploit Axie Infinity: This is how AXS is recovering after $600m exploit

Play-to-earn (P2E) game Axie Infinity is seeing a turnaround in fortunes after its latest performance in the NFT market. The project has been attracting new customers with many developments on the platform. Axie Infinity grabbed the spotlight three months during the famous $600 million Ronin hack. It seems Axie is headed on the right path after that shock.

05.07 / 11:33

Target USDT Bitcoin Exploit What AAVE’s 12% surge can mean to investors after Harmony’s $100M exploit

The second biggest DeFi protocol in the world, AAVE took a massive hit over the last three months after the total value locked on the lending dApp fell from $14 billion to $5.03 billion. That’s not all. AAVE was also affected during the recent Harmony hack, which resulted in a $100 million exploit. Considering the altcoin’s tough road, it can be stated that…

24.06 / 21:41

Provident Twitter Target FIVE Exploit Was Convex Finance targeted in the latest spoofing exploit

Amid the broader market downturn, 24 June was a rather unforgettable day for the crypto community. After the Harmony Bridge was attacked for $100 million Convex Finance urged its users to be diligent in checking the addresses for contract approvals. Reportedly, the website of Convex Finance was hijacked earlier on 24 June.

24.06 / 20:57

Blockchain Ethereum NFT defi Sky Mavis Relaunch Exploit Axie Infinity to compensate Ronin exploit victims and relaunch bridge

Sky Mavis, the creator of the play-to-earn game Axie Infinity (AXS), announced that it will reimburse victims of the Ronin bridge hack and reopen the bridge next week.

17.06 / 15:41

ETH Oracle WBTC Exploit How Inverse Finance’s $1.2 million exploit played out behind the scenes

The string of DeFi hacks continued to ensue in the crypto market, with the latest victim being Inverse Finance. It suffered a fresh exploit on 16 June worth $1.2 million. It is the latest attack on the protocol after April’s $15.6 million exploits. The PeckShield team released the post-mortem soon after the incident but investors remain on alert.

09.06 / 10:53

defi Hackers DEX Altcoin Exploit Attackers loot $5M from Osmosis in LP exploit, $2M returned soon after

Osmosis, a decentralized exchange built on the Cosmos network was halted just before 3am ET on June 8 after attackers exploited a liquidity provider (LP) bug to the tune of roughly $5 million.

06.06 / 22:25

business Blockchain regulation Gemini Exploit Financial IRA Financial Trust to sue Gemini over $36M crypto assets exploit back in February

On Monday, IRA Financial Trust, a platform providing self-directed digital asset retirement and pension accounts, filed a lawsuit against cryptocurrency exchange Gemini for alleged negligence in safeguarding customers' digital assets during a critical exploit. The firm's client accounts were held in Gemini's custody. On February 8, a breach led to the siphoning of $36 million in crypto assets from customers' accounts via unauthorized withdrawals.

06.06 / 11:23

NFT Hack security Non-fungible tokens Exploit The Blame Game Begins as Bored Apes Co-Founder Criticized for Blaming Discord Following Another NFT Exploit

A co-founder of the popular Bored Ape Yacht Club (BAYC) NFT collection faced a backlash for blaming the Discord messaging platform after ETH 200 (USD 378,000) worth of digital assets were snatched in an exploit.

05.06 / 14:15

Blockchain Action Terra Luna Luna Exploit Analyzing after-effects of Anchor protocol freezing Earn & Borrow post $800k exploit

Anchor, along with Terra, LUNA, and UST, fell victim to the blockchain crash and being the most significant protocol on the chain, it fell the hardest.

31.05 / 12:47

Blockchain Pool Oracle Luna Time Exploit Is Mirror Protocol undergoing exploit for the second time? Here’s the truth

Terra hit the bullseye lately, however, the bullseye for all the wrong reasons. Just when Terra thought that its day of difficulties has ended, there was more in store. But what went wrong this time?

31.05 / 11:37

Hack defi security Terra Exploit Terra’s Mirror Protocol Survival in Question as Exploit Continues and Devs are 'Completely MIA'

Decentralized finance (DeFi) project Mirror Protocol has been reportedly suffering an ongoing exploit over the past couple of days that allowed bad actors to drain four synthetic asset pools from the protocol, with the potential to drain funds from all other pools in the coming days.

31.05 / 05:19

defi Altcoin Cybersecurity Smart Contracts Terra pricing Exploit Luna Classic (LUNC) pricing error leads to Mirror Protocol exploit

A mismatch in the reported price of underlying assets on synthetic assets DeFi platform Mirror Protocol has caused an ongoing exploit that has the potential to drain all of its funds.

13.05 / 12:11

Blockchain defi Liquidity lending defi protocols Exploit DeFi protocols declare losses as attackers exploit LUNA price feed discrepancy

The seemingly endless freefall of Terra (LUNA) affected two decentralized finance (DeFi) protocols due to a price discrepancy, as the Chainlink price feed for LUNA gets suspended over extreme market conditions.

25.04 / 18:51

Facebook UPS CEO Interface Exploit CoinStats CEO Narek Gevorgyan Remains Confident "DeFi Will Mature Out Of Its Exploit-ridden Phase"

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

22.04 / 23:47

defi Hackers hacks Decentralized Exchange Exploit Finance Redefined: Hacker bungles DeFi exploit, dYdx's decentralization goals, and more

The decentralized finance (DeFi) ecosystem was filled with ups and downs —mostly the latter— this week, with two very distinct hack attempts and a heartbreaking departure of a DeFi veteran.

22.04 / 21:33

business Blockchain Technology Binance Sky Mavis Exploit Binance recovers $5.8M in funds connected to Ronin bridge exploit

Via a Twitter post on Friday, Changpeng Zhao, CEO of Binance, said that the cryptocurrency exchange recovered $5.8 million spread over 86 accounts in digital assets moved to the exchange by Lazarus Group. Last month, the North Korean cyber-criminal group allegedly stole 173,600 Ether (ETH) and 25.5 million USD Coin (USDC), worth over $600 million at the time, belonging to Axie Infinity's Ronin bridge.

22.04 / 04:55

defi Hackers hacks security Exploit Hacker bungles DeFi exploit: Leaves stolen $1M in contract set to self destruct

In a rare comedic bungle among DeFi exploits, an attacker has fumbled their heist at the finish line leaving behind over $1 million in stolen crypto.

20.04 / 11:09

business Blockchain Stablecoin security Deal Exploit Beanstalk Farms offers plea deal to perpetrators of $76M exploit

Beanstalk Farms, a credit-based stablecoin protocol exploited for around $76 million in crypto on April 18, has offered a bounty of 10% if the attackers return the funds.

18.04 / 07:47

defi security Exploit Beanstalk Farms loses $182M in DeFi governance exploit

Credit-based stablecoin protocol Beanstalk Farms lost all of its $182 million collateral from a security breach caused by two sinister governance proposals and a flash loan attack.

05.04 / 14:03

Blockchain cryptocurrency Strategy Bitcoin Exploit UK Government Unveils Plan To Exploit Potential Of Cryptocurrency

UK Government Unveils Plan To Exploit Potential Of Cryptocurrency

05.04 / 13:17

Blockchain Ethereum ETH Digital Exploit week Third in a week: Yet another ETH based DeFi protocol suffers a $15.6 million exploit

Another day, anotherDeFi hack as this popular Ethereum based lending protocol suffered a multi-million dollar exploit. Inverse Finance, a lending-focused decentralized finance protocol, lost more than a $15 million loss.

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