Hackers Financial News

13.07 / 13:55

Blockchain Hackers hacks Cybersecurity security Cybercrime Threat Crypto users USB keystroke injectors still a threat to crypto users

The Diabolic Drive’s name sounds as ominous as its potential payload. The recently developed USB wireless keystroke injection tool is intended to stress test networks, but could it potentially be used as a means to steal cryptocurrency from unwitting users?

12.07 / 15:29

business Blockchain Adoption Hackers regulation Scams Crypto scams Exploit Crypto scams are down 77% — but this exploit is making a huge comeback

Cryptocurrency scams have fallen a massive 77% from $3.3 billion to $1.1 billion over the first six months of 2023, according to a recent report by blockchain intelligence firm Chainalysis.

12.07 / 06:09

defi Hackers hacks crimes Cybercrime Exploit New York prosecutor charges hacker over $9M exploit of Solana-based exchange

A former security engineer for an international technology firm has been arrested and charged for allegedly using a smart contract bug to steal $9 million in cryptocurrency from a Solana-based decentralized crypto exchange.

11.07 / 14:05

Technology Adoption defi Hackers Cybersecurity security hackathon BUG Bug bounties can help secure blockchain networks, but have mixed results

Bug bounties are programs organizations offer to incentivize security researchers or ethical or white hat hackers to find and report vulnerabilities in their software, websites or systems. Bug bounties aim to improve overall security by identifying and fixing potential weaknesses before malicious actors can exploit them.

11.07 / 12:47

Blockchain Ethereum defi Hackers hacks Decentralized Exchange Time Arbitrum-based Rodeo Finance exploited for second time, $1.5M stolen

Arbitrum-based decentralized finance (DeFi) protocol Rodeo Finance was exploited for $1.53 million on July 11. The DeFi protocol was exploited using a code vulnerability in its Oracle, leading to a loss of over 810 Ether (ETH).

11.07 / 05:25

Blockchain Hackers hacks Multichain Multichain's ‘mysterious withdrawals’ have whiffs of a ‘rug pull’ — Chainalysis

The multi-million dollar exploit of cross-chain bridge protocol Multichain could have been an internal rug pull, according to blockchain security and analytics firm Chainalysis.

11.07 / 00:31

defi Hackers hacks Scams phishing Pink, Pussy, Venom, Inferno — Drainers coming for a crypto wallet near you

Four major crypto drainers have emerged to fill the vacuum left by the notorious wallet sweeper Monkey Drainer, with thousands of victims targeted and millions in crypto stolen already this year.

10.07 / 21:07

Ethereum defi Hackers hacks lending Exploit Arcadia Finance hacker used reentrancy exploit, team demands return of funds

The Arcadia Finance attacker used a reentrancy exploit to drain $455,000 from the decentralized finance (DeFi) protocol, according to a July 10 post-mortem report issued by the app’s development team. A “reentrancy exploit” is a bug that allows an attacker to “re-enter” a contract or interrupt it during a multi-step process, preventing the process from being completed correctly.

10.07 / 08:43

business defi Hackers hacks EXP Attack DeFi protocol Arcadia Finance hacked on Ethereum and Optimism for $455K

A hacker drained approximately $455,000 from noncustodial decentralized finance (DeFi) protocol Arcadia Finance by exploiting a code vulnerability.

09.07 / 08:53

business Blockchain Hackers hacks phishing fantom Multichain Multichain attack triggers Twitter phishing scheme for FTM distribution

Hackers continue their relentless attacks, displaying no signs of slowing down. Shortly after the Multichain hack, scammers started spreading a phishing link on Twitter.

08.07 / 21:15

Blockchain Hackers hacks fantom Multichain Circle, Tether freezes over $65M in assets transferred from Multichain

Stablecoin issuers Circle and Tether have frozen over $65 million in assets tied to the suspected exploit of cross-chain router protocol Multichain. The move follows unexplained large outflows from the Multichain MPC bridge on July 6.

08.07 / 02:39

NFT Hackers hacks security Sim Card Sim Swap Over $765K worth of NFTs stolen after SIM swap attack on GutterCatGang

More than $765,000 worth of nonfungible tokens has been stolen as part of a reported SIM swap attack on the GutterCatGang NFT project.

07.07 / 21:19

defi Hackers hacks DAO DAO Attack Slash DeFi ‘circuit breaker’ could slash hack losses by 70%: 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.

06.07 / 23:29

Dogecoin Blockchain Ethereum defi Hackers hacks Multichain Exploit Multichain MPC bridge sees $100M+ outflows, sparking fears of exploit

Abnormally large outflows from the Multichain MPC bridge platform on July 6 have sparked fears that an exploit could be underway. Over $102 million worth of crypto has been withdrawn from Multichain’s Fantom bridge on the Ethereum side, as well as $666,000 from Dogechain and $5 million from Moonriver.

05.07 / 12:33

Blockchain defi Hackers hacks Cybersecurity security Crypto hacks and exploits snatch over $300M in Q2 2023: Report

More than $300 million in digital assets were lost to crypto hacks and exploits in the second quarter of 2023, according to on-chain data compiled in the quarterly report by the blockchain security company CertiK.

05.07 / 06:17

Blockchain Adoption Binance Hackers hacks Dark Web Darknet bad actors work together to steal your crypto, here’s how — Binance CSO

Lurking in the shadiest corners of the dark web is a “well-established” ecosystem of hackers that target cryptocurrency users with poor “security hygiene,” according to Binance’s chief security officer.

03.07 / 10:57

NFT Hackers hacks Cybersecurity security data Half of stolen NFTs are sold within 3 hours: PeckShield

A new report from blockchain security firm PeckShield found that half of stolen nonfungible tokens (NFTs) get sold within 160 minutes on various NFT marketplaces like Blur and OpenSea.

03.07 / 04:37

defi Hackers hacks Smart Contracts network Exploit Poly Network urges users to withdraw after exploit affects 57 crypto assets

Further details are coming to light following a July 2 attack on cross-chain bridge platform Poly Network, which has resulted in a hacker being able to issue billions of tokens out of thin air for profit.

30.06 / 20:43

Blockchain NFT defi Hackers hacks lending Lost Over $204M lost to DeFi hacks and scams in Q2: 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.

30.06 / 20:43

business Blockchain Hackers Lost $656M lost from crypto hacks, scams, and rug pulls in H12023: Report

According to a June 30 report by Web3 security firm Beosin, the total value of cryptocurrencies lost in scams, hacks, and rug pulls amounted to $656 million during the first quarter of 2023. This includes the loss of $471.43 million in 108 protocol attacks, $108 million in various phishing scams, and $75.87 million over 110 rug pulls. For hacks, the amount represented a significant decrease over H1 2022 and H2 2022, where $1.91 billion and $1.69 billion were lost, respectively. In addition, Beosin analysts wrote:

25.06 / 04:29

Twitter Hackers hacks regulation Sim Card Prison Sim Swap $794K SIM swap hacker PlugwalkJoe sentenced to five years in prison

BritishHacker Joseph O’Connor, also known online as PlugwalkJoe, has been sentenced to five years in U.S. prison for his role in stealing $794,000 worth of cryptocurrency via a SIM swap attack on a crypto exchange executive back in April 2019.

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