Hacks Financial News

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 Over $102 million worth of crypto has been withdrawn from Multichain’s Fantom bridge on the Ethereum side, as well as $666,000 from Dogechain and $5 million from Moonriver.

06.07 / 18:31

business hacks Bitfinex Returns US Homeland Security returns $314K from 2016 Bitfinex hack

Via a July 6 announcement, cryptocurrency exchange Bitfinex says it has received $312,219.71 in cash and 6.917 in Bitcoin Cash (BCH) from the United States Department of Homeland Security (DHS). The seizure was conducted in cooperation with the U.S. Customs and Border Protection. According to Bitfinex staff:

05.07 / 19:15

NFT hacks security Gaming DAO Half of stolen NFTs are sold within 3 hours: Nifty Newsletter, June 28–July 4

In this week’s newsletter, read about how stolen nonfungible tokens (NFTs) are sold within three hours after being pinched, and check out AzukiDAO’s plans to take back $39 million worth of Ether (ETH) from the founder of the Azuki NFT collection. In other news, investors in Logan Paul’s NFT gaming project CryptoZoo are still waiting for promised refunds from the YouTuber, and don’t forget this week’s Nifty News, featuring blue-chip NFT collections dropping in prices and Swiss bank Credit Suisse releasing NFTs to support women’s soccer.

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 / 14:15

defi hacks Scams Smart Contracts Arbitrum Rug Pull Chibi Finance $1M alleged rug pull: How it happened

On June 26, decentralized finance (DeFi) aggregator Chibi Finance was exploited by its own deployer account, and $1 million worth of cryptocurrency was drained from its contracts in an apparent rug pull or exit scam. The protocol’s official user interface disappeared, producing a 404 error, and all social media for the app was taken down. After the funds were drained, they were swapped for Wrapped Ether (WETH) and bridged to Ethereum, where they were afterward sent to Tornado Cash by the attacker.

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.

27.06 / 18:55

defi hacks Cybersecurity Cybercrime recovery Yield Protocol declares full recovery from Euler hack, awaits user token exchange

Yield Protocol announced on June 27 that it had fully recovered from the Euler flash loan attack. Liquidity providers can now update their strategy tokens, the protocol said on Twitter. That was the last step to protocol restoration after “a long journey.”

27.06 / 18:07

Ethereum defi hacks Scams Lost Over $204M was lost in Q2 DeFi hacks and scams: Report

Over $204 million was lost in decentralized finance (DeFi) hacks and scams in the second quarter of 2023, according to a June 27 report from Web3 portfolio app De.Fi.

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.

23.06 / 02:29

business Hackers hacks Dark Web 100K ChatGPT logins have been leaked on dark web, cybersecurity firm warns

Over the past year, more than 100,000 login credentials to the popular artificial intelligence chatbot ChatGPT have been leaked and traded on the dark web, according to a Singaporean cybersecurity firm.

22.06 / 01:59

business Hackers hacks wallet Atomic Wallet gives major update on hack but questions remain unanswered

Atomic Wallet users have been left wanting more answers, despite the decentralized wallet provider finally releasing a full "event statement" about the June exploit — which some estimate has run up to $100 million in losses.

16.06 / 20:37

Blockchain Stablecoin defi Hackers hacks Usd Coin Curve pool imbalance triggers USDT depeg concerns: 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.

16.06 / 09:19

defi Hackers hacks Cybersecurity security Exploit Sturdy stablecoin market reopens three days after $800K exploit

After recently suffering a recent exploit on its platform, decentralized finance (DeFi) protocol Sturdy Finance has reopened its stablecoin market.

16.06 / 07:04

business Hackers hacks Mining regulation exchanges Mixers Here’s how hackers are using mining pools as mixers: Chainalysis

While good actors within the crypto space channel their creativity toward building new things, bad actors use the same energy to devise more ingenious ways to hide their ill-gotten gains.

16.06 / 02:58

business Blockchain Hackers hacks Cybersecurity Cybercrime Withdrawals Broker Institutional crypto broker FPG halts withdrawals after $20M cyberattack

Cryptocurrency brokerage firm Floating Point Group (FPG) has confirmed it has halted trading, withdrawals and deposits on its platform after falling victim to a cyberattack on June 11. FPG estimates the attack resulted in a total loss of between $15 million and $20 million.

14.06 / 07:17

business Blockchain Hackers hacks wallet security Hardware Wallet North Korean hackers swipe over $100M from Atomic Wallet users

Atomic Wallet, a noncustodial decentralized wallet, has been hit by a staggering exploit, leading to users reporting losses of their entire cryptocurrency portfolios. This unforeseen breach has sent shockwaves through the crypto community, as Atomic Wallet’s fundamental premise relies on users assuming full responsibility for storing their assets securely.

13.06 / 11:49

defi Hackers hacks Cybersecurity security DeFi protocol Sturdy Finance offers $100K bounty to hacker if funds are returned

Decentralized finance (DeFi) platform Sturdy Finance has offered a $100,000 bounty to the hacker that exploited the protocol. The lending platform said that its team won't pursue the issue further if the attacker accepts the offer.

13.06 / 05:01

Hackers hacks exchanges sanctions Bitcoin OFAC Atomic Wallet hackers turn to OFAC-sanctioned Garantex: Elliptic

Illicit funds gained from the $35 million Atomic Wallet hack are on the move again, with sanctioned Russian-based crypto exchange Garantex reportedly becoming the latest to come in contact with the hacked crypto.

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