Hackers Financial News

29.07 / 09:44

Hackers regulation security WazirX In crypto world, the hacker is God

cyber villain invades to cripple a system, it is a calamity as unstoppable as an earthquake or pandemic. Traders whose coins and funds are frozen at WazirX — the Indian crypto exchange that was recently hit by a massive cyber heist — are now discovering this from the fine print of the terms and conditions they had hitherto ignored. What is coming to the fore in the wake of the WazirX fiasco is that unlike banks or stock exchanges most local crypto platforms categorise ‘cyber breach’ as a ‘force majeure’ event (or, an ‘Act of God’) in their ‘terms of use’ that investors signing in to open accounts rarely read. But for traders a ‘force majeure’ clause may legally shut the doors for claiming lost assets after such a disaster.

04.06 / 16:55

Hackers OKX Exchange deepfake Deepfake AI Scammers Steal $2 Million From OKX User

A sophisticated deepfake scam targeted an OKX user after their personal information was compromised in a Telegram data breach. The victim reported on June 3 that the attack had resulted in the theft of millions worth of crypto assets.

02.05 / 22:55

Hackers crypto assets Hundred Finance Hacker Transfers Stolen Funds After A Year Of Inactivity

The Hundred Finance hacker, responsible for the $7.4 million crypto theft, resurfaced on May 1 after a year of inactivity and started moving crypto assets from Curve’s decentralized exchange.

24.04 / 04:57

Hackers Bitcoin Hackers Expose Code Of El Salvador’s Bitcoin Wallet App Chivo

Hackers exposed more information about El Salvador’s state-run Bitcoin wallet, Chivo, on April 23 after publicly leaking the personal data of its millions of users earlier this month.

15.02 / 22:52

Hackers Paradigm’s Samczsun Launches Security Alliance for Crypto Cybercrime Victims

A popular cybersecurity expert known by the pseudonym Samczsun has created a non-profit entity called Security Alliance (SEAL) for white-hat hackers in the crypto world. Security Alliance is a group of white-hat hackers with the aim of protecting crypto projects from the growing risks of cyber attacks.

14.02 / 06:07

Hackers Mobile Experts Bitcoin information reports Leak ‘Millions Affected’- Bitcoin Ransomware Attackers Leak Venezuelan Mobile Carrier Data

Bitcoin ransomware attackers reportedly leaked “sensitive data” belonging to “millions” of Venezuelan mobile carrier Digitel customers onto the internet on February 12.

24.01 / 08:31

Hackers Monero Cryptojacking Skyrockets: Here’s How It Works

Cryptojacking has been on the rise with hackers targeting financial firms. It is a type of cyber attack which involves hijacking a computer and using its power to mine cryptocurrencies.

29.11 / 12:55

defi Hackers hacks end Aerodrome and Velodrome DeFi platforms experience front-end hacks

The decentralized finance (DeFi) platforms Aerodrome and Velodrome reported compromises to their front ends on Nov. 28.

29.11 / 12:55

Blockchain Adoption Hackers hacks Cybersecurity security Security audits ‘not enough’ as losses reach $1.5B in 2023, security professional says

As companies continue to fall for hacks and exploits, professionals working in the cybersecurity space chipped in on what can be improved in terms of crypto security for digital asset companies and the broader crypto industry.

29.11 / 06:23

Blockchain defi Hackers DEX Polygon avalanche BaSe KyberSwap DEX hacker sends an on-chain message: Be nice, or else

The exploiter behind the $46 million crypto theft against KyberSwap has demanded its execs and tokenholders ease up on the hostilities, threatening to push out negotiations until everyone is “more civil.”

27.11 / 00:54

Blockchain defi Hackers Telegram Scams phishing Inferno Drainer says it’s shutting down after helping steal $70M in crypto

Inferno Drainer, one of the most popular crypto wallet-draining kits for hire says it is shutting down for good after helping phishing scammers steal nearly $70 million worth of crypto this year.

26.11 / 11:55

defi Hackers hacks Decentralization Indexed Finance thwarts hijackers, set to compensate 2021 hack victims

Indexed Finance, an Ethereum-based project that suffered a $16 million hack in 2021, has successfully thwarted two hijacking attempts. Control of the project’s decentralized autonomous organization (DAO) will be returned to its founders, who aim to allocate the remaining treasury to victims of the 2021 hack.

24.11 / 22:41

Ethereum defi Hackers hacks Cybersecurity layer2 Staking Blast network hits $400M TVL, rebuts claim that it's too centralized

Web3 protocol Blast network has gained over $400 million in total value locked (TVL) in the four days since it was launched, according to data from blockchain analytics platform DeBank. But in a Nov. 23 social media thread, Polygon Labs developer relations engineer Jarrod Watts claimed that the new network poses significant security risks due to centralization.

24.11 / 21:19

defi Hackers Cybersecurity security Taxes FBI Tax Agency KyberSwap attacker used ‘infinite money glitch,’ Australia’s tax agency won’t clarify DeFi rules: Finance Redefined

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.

24.11 / 14:32

business Blockchain Hackers hacks EXP Attack KyberSwap hacker offers $4.6M bounty for return of $46M loot

The decentralized exchange KyberSwap has offered a 10% bounty reward to the hacker who stole $46 million on Nov. 22 and left a note of negotiation. The exchange wants 90% of the loot returned by 6 am UTC on Nov. 25.

23.11 / 18:19

defi Hackers hacks DEX Cybersecurity security Cybercrime KyberSwap attacker used ‘infinite money glitch’ to drain funds: DeFi expert

The attacker who drained $46 million from KyberSwap relied on a “complex and carefully engineered smart contract exploit” to carry out the attack, according to a social media thread by Ambient exchange founder Doug Colkitt.

22.11 / 13:32

Blockchain Hackers hacks Cybersecurity security HECO Chain bridge compromised over $86.6M sent to suspicious addresses

Data shared by blockchain security platform PeckShield shows that more than $86.6 million in digital assets were transferred from the HECO Chain bridge to suspicious addresses. The security firm suggests that the bridge is compromised and an exploit is ongoing.

21.11 / 09:51

Blockchain defi Hackers hacks dYdX founder blames V3 central components for 'targeted attack,' involves FBI

Decentralized finance (DeFi) protocol dYdX founder Antonio Juliano took to X (formerly Twitter) to share some of the findings of the investigation into the loss of $9 million in insurance funds, in what many suspected was an exit scam that took place on Nov. 17.

20.11 / 11:47

Blockchain Hackers hacks Cybersecurity security exchanges Poloniex says hacker’s identity is confirmed, offers last bounty at $10M

Crypto exchange Poloniex recently posted a message to the hacker responsible for stealing over $100 million in digital assets from one of its wallets, saying that it has identified the person and is giving the perpetrator a chance to return the assets in exchange for a $10 million bounty.

20.11 / 10:15

Blockchain Ethereum Hackers hacks Trading investigation Kronos Research halts trading amid $25M API key hack investigation

A hacker walked away with $25 million from quantitative trading firm Kronos Research after accessing its compromised API keys.

20.11 / 10:15

business Adoption Hackers Court Atomic Wallet asks to toss suit over $100M hack, saying it has ‘no US ties’

The company behind Atomic Wallet has asked a United States court to dismiss a class action suit seeking damages from a $100-million hack, arguing the claims should’ve been filed in Estonia, where it’s based.

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