Hackers Financial News

08.08 / 06:19

Blockchain Stablecoin defi Hackers Once-hacked for $77M, Beanstalk's algo stablecoin protocol relaunches

Ethereum-based algorithmic stablecoin project Beanstalk Farms has relaunched its protocol just under four months after going offline after suffering a devastating $77 million governance exploit.

05.08 / 23:51

NFT defi Hackers hacks fall Finance Redefined: Solana and Nomad bridge fall prey to exploits losing millions

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.

05.08 / 12:27

Blockchain defi Hackers Lost Nomad announces $190 million bounty for lost funds from recent hack

Nomad announced a bounty of up to 10% for the return of the stolen funds from the Nomad bridge. In a website announcement and tweet, the company publicly provided a wallet address for sending the funds.

05.08 / 07:53

Blockchain defi Hackers hacks Solana-hacked crypto could be claimed as a tax loss: Experts

For unlucky crypto investors looking to turn lemons into lemonade — it turns out that digital assets lost during an exploit or hack can potentially be claimed as a tax loss, provided you live in the right country, experts told Cointelegraph.

04.08 / 05:43

business defi Hackers hacks Slope wallets blamed for Solana-based wallet attack

As the dust settles from yesterday’s Solana ecosystem mayhem, data is surfacing that wallet provider Slope is largely responsible for the security exploit that stole crypto from thousands of Solana users.

03.08 / 14:51

Blockchain defi Hackers Bitcoin vulnerability Exploit Nomad reportedly ignored security vulnerability that led to $190M exploit

The exploit took place due to a smart contract vulnerability that saw hundreds of users other than the hacker also get involved, taking away as much as they can by simply copy-pasting the transaction data used by the initial hacker and changing the wallet address to theirs. The event was later deemed as a decentralized robbery by many due to the involvement of normal community members.

03.08 / 11:35

business Blockchain Hackers Usd Coin Binance, KuCoin, OKX CEOs flex security amid Solana FUD storm

With Solana (SOL) hitting the headlines for succumbing to a hack on Aug. 3, prominent crypto CEOs — including Binance’s Changpeng “CZ” Zhao, KuCoin’s Johnny Lyu and OKX’s Jay Hao — recommended SOL investors move their holdings over to their own exchanges as an immediate security measure.

03.08 / 05:39

Blockchain Hackers hacks wallet Ongoing Solana-based wallet hack has already seen millions drained

A security vulnerability impacting the Solana ecosystem has reportedly seen millions in funds drained across a number of Solana-based wallets.

02.08 / 19:13

Blockchain Technology defi Hackers vulnerability Aave devs propose freezing Fantom integration, citing lack of traction and potential vulnerability

On Tuesday, Marc Zeller, integration lead at decentralized finance (DeFi) borrowing and lending protocol Aave, proposed to freeze the platform's v3 Fantom market. Created in 2018, Fantom is a directed acrylic graph smart contract platform that provides DeFi services and on which Aave is currently bridged.

02.08 / 03:55

defi Hackers Cybersecurity security Exploit Nomad token bridge drained of $190M in funds in security exploit

The Nomad token bridge appears to have experienced a security exploit that has allowed hackers to systematically drain the bridge’s funds over a long series of transactions.

01.08 / 07:19

Blockchain Hackers phishing blockchain security firm Blockchain security firm warns of new MetaMask phishing campaign

A cybersecurity firm has issued warnings over a new phishing campaign targeting users of the popular crypto wallet MetaMask.

29.07 / 11:47

Blockchain Stablecoin defi Hackers Exploit Solana-based stablecoin NIRV drops 85% following $3.5M exploit

Solana-based algorithmic stablecoin NIRV has become the latest stablecoin to fail after dropping 85% from its United States dollar peg following a hack on adaptive yield protocol Nirvana Finance on Wednesday.

24.07 / 09:17

Blockchain Hackers hacks Hacker drains $1.08M from Audius following passing of malicious proposal

Proposals in crypto help communities make consensus-based decisions. However, for decentralized music platform Auduis, the passing of a malicious governance proposal resulted in the transfer of tokens worth $5.9 million, with the hacker making away with $1 million.

19.07 / 09:07

Hackers Social Media Cybersecurity Cybercrime Threat Yuga Labs warns of 'persistent threat group' targeting NFT holders

Bored Ape Yacht Club (BAYC) creator Yuga Labs has warned there may soon be a “coordinated attack” targeting multiple non-fungible token (NFT) communities.

19.07 / 05:35

Hackers Cybersecurity Scams applications Warning crypto apps FBI issues public warning over fake crypto apps

The Federal Bureau of Investigation (FBI) has issued a public warning about fraudulent cryptocurrency apps, which have swindled U.S. investors out of an estimated $42.7 million so far.

07.07 / 11:49

Blockchain Hackers security Liquidity Deal Returns Crema hacker returns $8M, keeps $1.6M in deal with protocol

The hacker who exploited Solana-based liquidity protocol Crema Finance on July 2 returned most of the funds but was allowed to keep $1.6 million as a white hat bounty.

06.07 / 06:11

Ethereum Hackers Cybersecurity Bitcoin PennyWise crypto-stealing malware spreads through YouTube

A new strain of crypto-malware is being spread via YouTube, tricking users to download software that’s designed to steal data from 30 crypto wallets and crypto-browser extensions.

05.07 / 14:13

Hackers Police Bitcoin dutch Dutch University set to recover more than twice the paid BTC ransom in 2019

Netherland-based Maastricht University (UM) is set to recover nearly €500,000 worth of Bitcoin (BTC) after the police authorities managed to solve the infamous ransomware attack in December 2019.

03.07 / 08:17

business Blockchain Hackers Liquidity Crema Finance shuts liquidity protocol on Solana amid hack investigation

Crema Finance, a concentrated liquidity protocol over the Solana blockchain, announced the temporary suspension of its services owing to a successful exploit that has drained a substantial but undisclosed amount of funds.

01.07 / 23:15

Adoption defi Hackers hacks Sky Mavis Battle-hardened Ronin bridge reopens following $600M hack: Finance Redefined

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

29.06 / 14:05

Ethereum Hackers Bitcoin Crypto market crash wipes out millions from North Korea's stolen crypto funds

North Korea leads the world in crypto crime, with over 15 documented instances of cyber theft amounting to $1.59 billion in stolen funds. However, the recent crypto market turmoil has wiped out millions of dollars from the country’s stolen crypto portfolio.

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