Hacks Financial News

01.04 / 20:31

hacks PeckShield $336.3 Million In Crypto Funds Stolen In Q1, $98.8 Million Recovered from March Hacks: PeckShield

According to PeckShield’s data, approximately $100 million in stolen crypto funds from hacking incidents in March have been successfully recovered. Despite significant initial losses totaling millions of dollars, 52.8% of the hacked funds were returned to their rightful owners.

15.05 / 05:47

Blockchain Digital hacks Trade reports Exploit Investigations Fraudsters Partially Drain Assets from Crypto Investment Firm BlockTower’s Main Hedge Fund

Digital asset investment firm BlockTower Capital faces a major setback after fraudsters compromised its main hedge fund.

16.04 / 12:09

Blockchain Ethereum hacks security Strategy Bitcoin reports Ethereum Suffers Most Hacks Among Blockchains in 2024

Ethereum has emerged as the leading victim of blockchain hacks in 2024, with 33 reported incidents, according to a recent study.

28.03 / 17:59

Ethereum hacks BNB Chain Web3 Losses Cut By 23% in Q1 2024, Hackers May Be Eyeing $100 Billion in Locked Funds – Immunefi

The first quarter of this year has seen $336 million lost to Web3 hackers and fraud, with nearly half of the capital stolen in January alone. Nonetheless, the number represents a 23% decrease compared to the first quarter of 2023, according to the latest report by bug bounty and security services platform Immunefi.

22.01 / 15:27

Ethereum hacks BNB security trends Bitcoin reports BNB Smart Chain Sees 85% Decline in Losses to Security Incidents in 2023: Report

A security report published today revealed losses incurred on BNB Smart Chain in 2023 reached over $161 million, compared to $1.1 billion in the previous year.

04.01 / 11:12

hacks Certik security breach $1.8 Billion Cryptos Lost Across 751 Security Breaches in 2023: CertiK report

2023 saw a 51% decline in the digital assets lost to hacks, scams and exploits than that of 2022. However, a staggering $1.84 billion in cryptocurrencies were lost across 751 security breaches in 2023, blockchain security firm CertiK reveals.

01.12 / 09:37

hacks Phishing scams Over $356M Lost to Hacks, Phishing Scams and Rug Pulls in Crypto in November: Beosin

Beosin EagleEye’s latest report exposes a massive surge in blockchain security incidents during November 2023, leading to a staggering total loss of over $356 million.

29.11 / 19:47

Blockchain defi hacks Web3 Cybersecurity security Exploit This Web3 security protocol recovered $800K in user funds after Vulcan Forged exploit

As Web3 gets bigger, it struggles to keep up with the malicious actors targeting users’ funds across different blockchains and networks. This security protocol takes a preventive approach against hacks and exploits, freezing assets before they get stolen.

29.11 / 14:31

business hacks Poloniex Bitcoin Poloniex prepares to resume withdrawals after $100M hack

Cryptocurrency exchange Poloniex is preparing to resume withdrawals and deposits after suffering a $100 million hack on Nov. 10.

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.

27.11 / 04:43

business hacks Huobi exchanges services Crypto exchange HTX reinstates Bitcoin services after $30M hack

Bitcoin (BTC) deposits and withdrawals have returned to the Justin Sun-linked crypto exchange HTX, formerly Huobi, after it suffered a $30 million exploit on Nov. 22.

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 / 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.

23.11 / 16:37

business Blockchain hacks Huobi services HTX to restore services 'within 24 hours' after $13.6M hack

Crypto exchange HTX, formerly Huobi Global, will resume deposits and withdrawals within 24 hours after suffering a $13.6 million exploit on Nov. 22.

23.11 / 13:53

business hacks Huobi Poloniex Bitcoin Justin Sun-related crypto platforms hacked 4 times in 2 months

Tron founder Justin Sun's crypto businesses have come under repeated attack from hackers over the past two months, with at least four hacks of the largest exploits targeting platforms related to the crypto entrepreneur.

23.11 / 03:51

defi hacks DEX KyberSwap KyberSwap DEX exploited for $46 million, TVL tanks 68%

Around $46 million in various crypto assets has seemingly been drained from the decentralized KyberSwap exchange in the latest decentralized finance exploit.

22.11 / 19:39

Blockchain defi hacks Huobi HTX exchange loses $13.6M in hot wallet hack: Report

HTX, formerly Huobi Global, suffered an estimated loss of $13.6 million as part of a $86.6 million exploit against the HECO Chain bridge on Nov. 22.

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.

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