Hackers Financial News

19.09 / 12:41

Ethereum Hackers hacks proof-of-work vulnerability Exploit ETHW ETHW confirms contract vulnerability exploit, dismisses replay attack claims

Post-Ethereum Merge proof-of-work (PoW) chain ETHW has moved to quell claims that it had suffered an on-chain replay attack over the weekend.

18.09 / 14:25

Blockchain Ethereum Hackers hacks Warning vulnerability Profanity tool vulnerability drains $3.3M despite 1Inch warning

Decentralized exchange aggregator 1inch Network issued a warning to crypto investors after identifying a vulnerability in Profanity, an Ethereum (ETH) vanity address generating tool. Despite the proactive warning, apparently, hackers were able to make away with $3.3 million worth of cryptocurrencies.

09.09 / 01:13

Blockchain Hackers hacks The Sandbox's Instagram account compromised, hackers try to rent BAYC NFTs

Metaverse platform The Sandbox saw its Instagram profile hacked and used to try and rent out Bored Ape Yacht Club nonfungible tokens (NFTs) from a number of users on the social media platform.

08.09 / 13:01

defi Hackers hacks Loans DeFi protocol token NFD crashes by 99% after a flash loan attack

New Free DAO, a decentralized finance (DeFi) protocol, faced a series of flash loan attacks on Sept. 8, resulting in a reported loss of $1.25 million. The price of the native token has dropped by 99% in the wake of the attack.

08.09 / 05:55

cryptocurrency Hackers Delete Hackers delete data of educational institutes, demand crypto to resolve issue

A group of hackers allegedly stole and deleted data of educational institutes of KN Modi Foundation and demanded cryptocurrency worth USD 1 million to resolve the issue.

05.09 / 06:23

business Hackers Social Media Trading Rug Pull NFT watchdog Rug Pull Finder gets its own NFT giveaway exploited

In an ironic twist, Rug Pull Finder (RPF), a nonfungible token (NFT) watchdog focused on identifying Web3-based fraud has fallen victim to a smart contract exploit of its own.

02.09 / 21:43

business defi Hackers hacks network Kyber Network offers bounty following $265K hack of decentralized exchange

KyberSwap, the decentralized exchange built on liquidity protocol Kyber Network, has offered a hacker 15% of the funds from a $265,000 exploit as a bug bounty.

01.09 / 08:57

Blockchain Hackers Hackers try to sell NFT of Belarusian leader's supposed stolen passport

A group of hacktivists called the Belarusian Cyber Partisans have been attempting to sell a nonfungible token (NFT) featuring the purported passport info of Belarus president Alexander Lukashenko.

24.08 / 05:29

business Blockchain Hackers hacks White hat: I returned most of the stolen Nomad funds and all I got was this silly NFT

Hackers behind the $190 million Nomad Bridge are now being incentivized with "whitehat" themed non-fungible tokens (NFTs) if they return nearly all of the funds they stole from the protocol at the start of this month.

23.08 / 15:35

defi Hackers Bitcoin Exploit Hacker tries to exploit bridge protocol, fails miserably

Cross-chain bridges have increasingly become targeted by malicious entities. However, not all hackers can run away with millions in their exploit attempts. Some end up losing money from their own wallets.

23.08 / 12:49

Blockchain Hackers Social Media AMM protocol SudoRare disappears from the internet with 519 ETH

SudoRare, an automated-market maker (AMM) protocol for ERC-721 to ERC-20 swaps, suddenly shut down its services and social media accounts after reportedly making away with 519 Ether (ETH), worth roughly $815,000.

21.08 / 12:17

business Blockchain Adoption Hackers Can Web3 be hacked? Is the decentralized internet safer?

Web3 came into existence posed as a blockchain-powered disruption to the current state of the internet. Yet, as a nascent technology, a fog of assumptions plagues discussions about the real capabilities of Web3 and its role in our day-to-day lives.

20.08 / 14:43

business defi Hackers community Fei Protocol founder proposes ghosting Tribe DAO following hack repayment

An attack in April 2022, which drained off nearly $80 million from various Rari Fuse pools, required the decentralized finance (DeFi) platform Fei Protocol to come up with a solution that minimizes damage to the ecosystem. Fei Labs’ latest proposal, which partly recommends revoking participation from Tribe DAO, received mixed sentiments from the community.

15.08 / 05:43

Stablecoin defi Hackers hacks network freeze Exploit Network and token freeze after Acala exploit raises questions

The Acala Network’s aUSD stablecoin depegged by over 99% over the weekend and forced the Acala team to pause a hacker’s wallet, raising concerns about its claim of being decentralized.

14.08 / 12:05

business Blockchain Hackers Developers Velodrome recovers $350K stolen funds from team member Gabagool

Velodrome Finance, a trading and liquidity marketplace, announced the recovery of $350,000 stolen on Aug. 4. However, the occasion turned bittersweet when internal investigations pointed out the involvement of a prominent team member, who goes by the pseudo name Gabagool.

14.08 / 08:51

Blockchain Hackers BlueBenx fires employees, halts funds withdrawal citing $32M hack

BlueBenx, a Brazilian crypto lending platform, reportedly blocked all of its 22,000 users from withdrawing their funds following an alleged hack that drained $32 million (or 160 million Brazilian real). While no details about the hack were made available, the company allegedly laid off most of its employees.

12.08 / 23:35

defi Hackers hacks Curve Finance resolves site exploits, directs users to revoke recent contracts: Finance Redefined

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

11.08 / 23:19

Blockchain Hackers Cybersecurity security Cross-chains in the crosshairs: Hacks call for better defense mechanisms

2022 has been a lucrative year for hackers preying on the nascent Web3 and decentralized finance (DeFi) spaces, with more than $2 billion worth of cryptocurrency fleeced in several high-profile hacks to date. Cross-chain protocols have been particularly hard hit, with Axie Infinity’s $650 million Ronin Bridge hack accounting for a significant portion of stolen funds this year.

10.08 / 16:25

Ethereum defi Hackers Exploit Curve Finance exploit: Experts dissect what went wrong

Decentralized finance (DeFi) protocols continue to be targeted by hackers, with Curve Finance becoming the latest platform to be compromised after a DNS hijacking incident.

08.08 / 12:57

Blockchain Hackers Bitcoin phishing attack lazarus Cross chains, beware! deBridge flags attempted phishing attack, suspects Lazarus Group

Cross-chain protocols and Web3 firms continue to be targeted by hacking groups as deBridge Finance unpacks a failed attack that bears the hallmarks of North Korea’s Lazarus Group hackers.

08.08 / 08:37

Blockchain Hackers Scams crimes Aurora Labs exec details 'fascinating and devious' crypto scam he almost fell for

Aurora Labs' head of product, Matt Henderson says there is a sophisticated over-the-counter (OTC) transaction scam running about that almost duped him into losing a stash of his hard-earned cryptocurrency.

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