Hacks Financial News

12.06 / 08:37

defi Hackers hacks Cybersecurity security Attacker drains $800K from DeFi protocol Sturdy Finance

Decentralized finance (DeFi) protocol Sturdy Finance has lost 442 Ether (ETH), worth almost $800,000 when writing, to a security exploit. The attacker exploited a vulnerability that eventually manipulated a faulty price oracle, allowing them to drain funds from the protocol.

10.06 / 02:53

Blockchain Hackers hacks Scams phishing Scammers steal nearly $1M after hijacking 8+ prominent crypto twitter accounts

Over the past few weeks, a group of scammers has hijacked more than eight Twitter accounts belonging to prominent figures in the crypto space to promote phishing scams. The group has stolen almost $1 million worth of crypto so far, according to blockchain sleuth ZachXBT.

09.06 / 20:41

Hackers hacks Cybersecurity security exchanges Mt. Gox Bitcoin Department US Justice Department charges two men in Mt. Gox Hack

The United States Justice Department has unsealed charges against two men it says are responsible for the $400 million hack of former Bitcoin (BTC) exchange Mt. Gox. According to the announcement, 43-year-old Alexey Bilyuchenko and 29 year old Aleksandr Verner allegedly conspired to launder 647,000 BTC they stole from Mt. Gox through a hack of the exchange’s servers.

06.06 / 21:29

defi Hackers hacks wallet Atomic Wallet exploited, users report loss of entire portfolios

Atomic Wallet has been apparently exploited, with users on Twitter reporting complete losses of their crypto portfolios. Atomic is a noncustodial-decentralized wallet, meaning users are responsible for assets stored in the application.

06.06 / 21:20

Blockchain Hackers hacks wallet Bitcoin lazarus Atomic Wallet hacker sends crypto to mixer used by Lazarus Group: Elliptic

Illicit funds gained from the $35 million Atomic Wallet hack have been moving to a crypto mixer known to be favored by North Korea’s most notorious cyber-hacking group.

06.06 / 19:48

Blockchain defi Hackers hacks reports Atomic Wallet hack losses top $35M, on-chain sleuth reports

At least $35 million worth of crypto assets have been stolen from Atomic Wallet users since June 2, according to an analysis from on-chain sleuth ZachXBT. The five largest losses account for $17 million.

06.06 / 19:16

business Blockchain Hackers hacks wallet Decentralization Mobile Wallet Atomic Wallet says hack affected 1% of active users, but investors claim otherwise

A hack that drained $35 million from Atomic Wallet users since June 2 impacted less than 1% of its monthly active users, according to the company. In the aftermath of the attack, Atomic Wallet — along with individual blockchain investigators — have amped up efforts to track and revert stolen funds.

01.06 / 12:49

defi Hackers hacks Deal Jimbos Protocol offers $800K bounty to the public after hacker ignores deal

Decentralized finance (DeFi) platform Jimbos Protocol has offered 10% of the exploited funds to the general public after giving the hacker some days to respond to the deal.

30.05 / 12:27

Ethereum defi Hackers hacks Cybersecurity security Deal Jimbos Protocol offers deal to hacker, threatens police action

The team behind exploited decentralized finance (DeFi) app Jimbos Protocol has offered a deal to the app’s exploiter: Keep 10% of the funds and return the other 90%, or face prosecution. Otherwise, the team “won’t stop” until the attacker is “behind bars.” The proposed deal was disclosed in a May 28 tweet by the Jimbos team and posted to the Ethereum network.

30.05 / 12:27

business defi Hackers hacks Web3 Cybersecurity security Two key security practices for Web3 startups from Israel Crypto Conference

Security continues to be one of the Web3 space’s most important and relevant matters, as protocols and enterprises continue to face exploits.

28.05 / 09:45

Blockchain defi hacks security Tornado Cash governance control set to be restored as token votes approve proposal

The governance token holders of Tornado Cash will soon regain control over the protocol's operations, thanks to an unexpected proposal put forth by the individual responsible for the attack. This development allows the community to regain authority and steer the protocol toward recovery and improved security measures.

28.05 / 08:33

Blockchain Ethereum Hackers hacks Cybersecurity Cybercrime Arbitrum-based Jimbos Protocol hacked, losing $7M in Ethereum

Adding to the existing number of protocol hacks in the crypto industry, Jimbos Protocol has not escaped the sights of the attackers as it has suffered an attack resulting in a loss of a large amount of funds.

28.05 / 06:15

NFT hacks Cybersecurity Metaverse Cybercrime Police The Hong Kong Police Force launch metaverse platform, ‘CyberDefender’

The cyber security unit of the Hong Kong Police Force have launched CyberDefender, a new metaverse platform designed to educate the public of the potential dangers associated with Web3 and the metaverse.

26.05 / 22:27

Ethereum NFT hacks Cybersecurity security Scams phishing The Sandbox CEO’s Twitter was hacked, used to promote alleged ‘airdrop’ scam

Arthur Madrid, co-founder and CEO of metaverse project The Sandbox, was the victim of a Twitter account hack on May 26, according to a post from Madrid that was apparently made after he recovered the account. The attacker allegedly used Madrid’s account to promote a fake “airdrop” phishing scam.

22.05 / 07:13

business Hackers hacks Altcoin Governance Token EXP Attack Tornado Cash attacker to potentially giveback governance control, proposal reveals

Just a day after an attacker sparked community-wide panic after hijacking the Tornado Cash governance, a new proposal hints at the possible restoration of the state of governance.

19.05 / 13:23

NFT Hackers hacks regulation Paraspace NFT protocol co-founder resigns after failing to overthrow CEO

The Paraspace NFT protocol saga over the whereabouts of the protocol’s fund took another turn on May 19 as co-founder Jay Yao resigned from his position in the company. Last Week, the NFT protocol made headlines over the missing funds and a barrage of accusations by chief executives and CEO against each other.

17.05 / 18:33

business Blockchain Hackers hacks Funding Rewards BUG Bug Bounty LayerZero partners with Immunefi to launch $15M bug bounty

Cross-chain messaging protocol LayerZero and security platform Immunefi have teamed up to launch a $15 million bug bounty program.

16.05 / 13:27

Libra Blockchain defi Hackers hacks Cybersecurity security BUG Libra-related Sui blockchain fixes critical bug that put ‘billions’ at risk

The Sui blockchain network quietly fixed a bug that could have put “billions of dollars” at risk, according to a May 16 announcement from Zellic, the security firm hired to audit the network’s security.

15.05 / 19:43

Hackers hacks regulation Elliptic Japan leads world in losses from North Korean crypto hacking with 30% of total: Report

Japan is the biggest loser of cryptocurrency to North Korean hackers, according to a study by blockchain analyst Elliptic. Asian countries make up three of the four top targets for the so-called Hermit Kingdom’s hackers, Elliptic found.

10.05 / 15:43

business NFT hacks security ParaSpace team clashes with CEO over alleged whereabouts of protocol funds

On May 10, nonfungible tokens (NFT) financialization protocol ParaSpace published several alleged irregularities tying its CEO, founder, and CTO Yubo Ruan to the mismanagement of funds equaling 2,909 Ether (ETH) recovered through a white-hat interception that occurred on March 18. Ruan denied any wrongdoing, writing: "manufacturing claims with the intent to take over and force me to step down as CEO. This is highly problematic and the legal team has taken action."

06.05 / 16:43

Blockchain Ethereum Stablecoin defi Hackers hacks Altcoin DEUS Finance loses $6M following stablecoin hack

Decentralized Finance (DeFi) protocol DEUS has lost over $6 million due to a security breach on its stablecoin DEI. The hacker exploited a vulnerability in the BNB Smart Chain (BSC) on May 5, according to blockchain security firm PeckShield.

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