Hacks Financial News
05.05 / 21:19
Blockchain
NFT
defi
Hackers
hacks
Liquid staking solutions now have more TVL than DEXs: 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.
02.05 / 06:45
Blockchain
Hackers
hacks
crimes
Cybercrime
Low
Darknet hackers are selling crypto accounts for as low as $30 a pop
Cybercriminals from the darkest parts of the internet are reportedly selling hacked, verified crypto accounts on the darknet for as low as just $30 apiece.
02.05 / 00:53
Blockchain
defi
Hackers
hacks
DEX
Decentralized Exchange
Derivatives
Exploit
Level Finance confirms $1M exploit due to buggy smart contract
Decentralized exchange Level Finance has experienced a security breach allowing an attacker to steal more than $1 million of the exchange’s native Level Finance (LVL) token.
01.05 / 05:05
defi
hacks
Cybersecurity
Scams
Crypto scams
Lost
April’s crypto scams, exploits and hacks lead to $103M lost — CertiK
Crypto exploits, exit scams, and flash loan attacks saw little signs of letting up in April, with more than $103 million of funds stolen from crypto projects and investors in the month.
30.04 / 09:29
business
Hackers
hacks
Social Media
Altcoin
Google
YouTube
Crypto scams
YouTube helps recover hacked channel that attempted XRP crypto scams
Prominent YouTuber DidYouKnowGaming was able to regain access to his YouTube channel, which an anonymous bad actor hacked to promote XRP (XRP) cryptocurrency scams.
26.04 / 20:45
business
Blockchain
Hackers
hacks
Decentralized Exchange
compensation
Exploit
CertiK to launch compensation plan for $2M Merlin DEX exploit
Blockchain security firm CertiK is launching a compensation plan to cover the $2 million lost during a public sale of decentralized exchange Merlin’s MAGE token.
24.04 / 18:35
hacks
regulation
FBI
OFAC
lazarus
OFAC sanctions OTC traders who converted crypto for North Korea’s Lazarus group
The United States Treasury Department has identified over-the-counter (OTC) cryptocurrency traders who assisted North Korea’s Lazarus Group in converting stolen crypto into fiat currency. Crypto traders in China and Hong Kong have been sanctioned by the Treasury’s Office of Foreign Assets Control (OFAC). In addition, a China-based banker was sanctioned for coordinating some of the illicit cashflow.
24.04 / 12:31
business
Twitter
hacks
Social Media
exchanges
KuCoin to reimburse victims of the short-lived Twitter account hack
The official Twitter account of the crypto exchange KuCoin has recently been compromised, leading to users losing their funds to a fake giveaway event. The crypto platform promised to reimburse the funds lost from the incident.
24.04 / 09:27
defi
Hackers
hacks
Cybersecurity
security
negotiations
Hack negotiations: Why do platforms with ineffective bounty programs pay a higher price
In April alone, at least three incidents of hackers returning exploited funds were witnessed in the decentralized finance (DeFi) space. On April 4, the Euler Finance team was able to recover $176.4 million after offering the hacker 10% of the stolen funds.
22.04 / 20:01
business
Hackers
hacks
wallet
Cybersecurity
Trust Wallet
Trust Wallet to reimburse users after $170,000 security incident
Crypto wallet Trust Wallet disclosed a security vulnerability that resulted in nearly 170,000 losses for some users. The vulnerability has been patched, according to the company.
22.04 / 08:47
Ethereum
defi
Hackers
hacks
regulation
Ethereum 2.0
SafeMoon hacker agrees to return 80% of stolen funds: 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.
19.04 / 07:37
Ethereum
Twitter
Hackers
hacks
Cybersecurity
security
MetaMask
Exploit
MetaMask denies claims of wallet exploit in 'massive' $10M hack
Cryptocurrency wallet provider MetaMask has denied claims that an exploit of its wallet is the cause of a “massive wallet draining operation" that has claimed over 5,000 Ether (ETH).
18.04 / 20:27
Blockchain
defi
Hackers
hacks
Cybersecurity
security
SafeMoon hacker agrees to return 80% of stolen funds, says development team
The attacker who drained $8.9 million of Binance Coin (BNB) from SafeMoon has agreed to return 80% of the funds, according to an April 18 blockchain message from the SafeMoon team.
18.04 / 13:15
Blockchain
Hackers
hacks
Cybercrime
Exploit
Exploit targets crypto veterans, drains over $10M across 11 blockchains
An unidentified exploit has taken more than $10.5 million in nonfungible tokens (NFTs) and coins from experienced community members who were “reasonably secure” in a wallet-draining operation since December 2022.
17.04 / 17:53
Blockchain
Ethereum
defi
Hackers
hacks
Cybersecurity
security
KyberSwap
vulnerability
KyberSwap announces potential vulnerability, tells LPs to withdraw ASAP
Kyber Network, developer of the Kyberswap Elastic decentralized crypto exchange, has announced on Apr. 17 that there is a potential vulnerability in the exchange's contracts. It has advised all liquidity providers to remove their funds as soon as possible.
17.04 / 09:23
business
Blockchain
Binance
Hackers
hacks
DApp
Dapps
BNB Chain issues list of 191 high-risk, untrustworthy DApps and fake tokens
BNB Chain, the blockchain developed by crypto exchange Binance, updated its Red Alarm list to include 191 high-risk projects and decentralized applications (dApps) currently hosted on the blockchain.
14.04 / 11:19
business
hacks
hot wallet
Bitcoin
Crypto exchange Bitrue suffers $23M hack due to hot wallet eploit
Bitrue cryptocurrency exchange has suffered a hot wallet exploit that allowed the attackers to withdraw various crypto assets worth nearly $23 million.
13.04 / 11:11
defi
Hackers
hacks
Aave
yearn.finance
Hacker mints 1 quadrillion yUSDT after exploiting old Yearn Finance contract
Blockchain security firm PeckShield recently detected a hack that allowed the exploiter to mint over 1 quadrillion Yearn Tether (yUSDT) from $10,000 in the latest decentralized finance (DeFi) hack.
12.04 / 12:51
Adoption
NFT
hacks
Web3
security
NFT warranties can help mass adoption of the technology, says Web3 exec
The Web3 space has seen its fair share of exploits in the recent past with more than $320 million exploited by hackers in the first quarter of 2023 alone. For many users, particularly prospective users, having security for digital assets is a top priority.
10.04 / 16:49
Blockchain
Ethereum
hacks
phishing
Poisoning
Etherscan
Etherscan hides zero-value token transfers to deter address poisoning attacks
According to an Apr. 10 post from Etherscan, the blockchain explorer has disabled the display of zero-value token transfers on its website by default. From now on, users must manually switch on the display from the website's setting page. Etherscan says it made the update to deter "address poisoning" attacks that have phished and spammed unsuspecting users.
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