Hacks Financial News

22.03 / 17:07

Blockchain Adoption hacks Circle CSO's Twitter account breached by scammers

According to an official post on Mar. 22 from Circle, issuer of the USD Coin (USDC) stablecoin, the Twitter account for its chief strategy officer (CSO) and head of global policy Dante Disparte has been compromised. In a previously deleted Tweet, Disparte's account reportedly began promoting fake loyalty rewards to long-time users of USDC.

21.03 / 17:57

Blockchain Technology defi hacks vulnerability ZenGo uncovers 'red pill attack' vulnerability in popular Web3 apps

According to a blog post published by developers of crypto wallet ZenGo, the firm said it had uncovered security vulnerabilities in transaction simulation solutions used by popular decentralized applications, or dApps. Dubbed the "red pill attack," this vulnerability allowed malicious dApps to steal user assets based on opaque transaction approvals offered to and approved by users. The vulnerability derives its name from the iconic "red pill" scene from The Matrix movie series.

21.03 / 16:53

Adoption Hackers hacks exchanges Mt. Gox Bitcoin saga Mt. Gox creditor saga: What lessons has the Bitcoin community learned?

In the early days of Bitcoin, Mt. Gox was by far the most prominent Bitcoin (BTC) exchange in the world. The Tokyo-based company was responsible for more than 70% of all Bitcoin transactions in 2013. However, by early 2014, it had collapsed spectacularly, leaving investors and traders with losses amounting to hundreds of millions of dollars.

21.03 / 04:41

business defi Hackers hacks Altcoin Smart Contracts Euler Finance to enter talks with exploiter over the return of funds

Ethereum-based lending protocol Euler Finance could be a step closer to recovering funds stolen in a $196 million flash loan attack last week, with private discussions now initiated with the exploiter.

20.03 / 20:15

business Blockchain hacks GameFi project Gala files $28M lawsuit against pNetwork

On Mar. 20, GameFi project Gala Games announced it had recently filed a lawsuit against pNetwork, the cross-chain interoperability bridge used by Gala on the BNB Smart Chain. Last November, Gala Games was exploited after an unauthorized wallet address minted over $2 billion in GALA and dumped the tokens on PancakeSwap, draining $4.5 million from the liquidity pool and causing a substantial plunge in GALA's token price.

20.03 / 08:01

business Blockchain Hackers hacks Cybersecurity Bitcoin ATM maker shuts cloud service after user hot wallets compromised

Bitcoin ATM manufacturer General Bytes has shuttered its cloud services after discovering a “security vulnerability” that allowed an attacker to access users' hot wallets and gain sensitive information, such as passwords and private keys.

18.03 / 12:25

Ethereum defi Hackers hacks transactions investigation Euler Finance hacker starts returning stolen Ether

The recent attack that drained $197 million from Euler Finance was dubbed the biggest decentralized finance (DeFi) hack of 2023 so far. However, this may not hold for much longer as the hacker reportedly had a change of heart.

17.03 / 23:53

Blockchain defi Hackers hacks Circle Banks DeFi sees its biggest hack in 2023 as Euler loses $197M: Finance Redefined

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.

17.03 / 17:19

Blockchain Hackers hacks BitGo vulnerability BitGo patches critical vulnerability first discovered by Fireblocks

Cryptocurrency wallet BitGo has patched a critical vulnerability that could have exposed the private keys of retail and institutional users.

17.03 / 09:31

Blockchain Ethereum Twitter defi Hackers hacks security Euler Finance hacked despite 10 audits in 2 years, says CEO

Ten separate audits conducted over a two-year period of the Ethereum-based lending protocol Euler Finance deemed it to be “nothing higher than low risk” and having “no outstanding issues” prior to it suffering from a $196 million attack.

16.03 / 15:11

Ethereum NFT hacks Scams crimes Cybercrime phishing Scam alert: $300K stolen by fake Blur airdrop websites

Scammers continue to prey on nonfungible token (NFT) users looking to claim Blur (BLUR) token airdrops through numerous scam websites.

16.03 / 10:31

Blockchain Ethereum defi Hackers hacks data Loans Euler hacker seemingly taking their chances, sends funds to crypto mixer

The hacker responsible for the $196 million attack on Euler Finance has begun moving funds into crypto mixer Tornado Cash, only hours after a $1 million bounty was launched to uncover the hacker’s identity.

15.03 / 10:31

Law Ethereum defi hacks lending us government UK government Euler Finance’s offer to hacker: Keep $20M or face the law

Ethereum-based noncustodial lending protocol Euler Finance is trying to cut a deal with the exploiter that stole millions from its protocol, demanding the hacker returns 90% of the funds they stole within 24 hours or face legal consequences.

14.03 / 12:17

Blockchain defi Hackers hacks lending Euler Finance blocks vulnerable module, working on recovering funds

Decentralized finance (DeFi) lending protocol Euler Finance became a victim of a flash loan attack on March 13, resulting in the biggest hack of crypto in 2023 so far. The lending protocol lost nearly $197 million in the attack and impacted more than 11 other DeFi protocols as well.

14.03 / 09:39

Blockchain hacks Cybersecurity security More than 280 blockchains at risk of ‘zero-day’ exploits, warns security firm

280 or more blockchain networks are estimated to be at risk of “zero-day” exploits that could put at least $25 billion worth of crypto at risk, according to cybersecurity firm Halborn.

14.03 / 02:35

Ethereum defi Hackers hacks Balancer defi protocols Euler attack causes locked tokens, losses in 11 DeFi protocols, including Balancer

Contagion from the Dec. 12 flash loan attack against Euler has spread far and wide, resulting in frozen or lost funds for 11 different decentralized finance (DeFi) protocols, according to Dec. 13 reports from each of them on Twitter. Balancer, an Ethereum protocol with over $1 billion total value locked (TVL), is among the affected protocols. Below is a rundown of the major exploits and what we know so far.

13.03 / 13:27

Blockchain defi Hackers hacks Decentralized Exchange Loans Euler Finance hacked for over $195M in a flash loan attack

Ethereum-based non-custodial lending protocol Eurler finance faced a flash loan attack on March 13, with the attacker managing to steal millions in DAI, USDC, staked Ether (StETH) and wrapped Bitcoin (WBTC).

13.03 / 07:57

NFT Hackers hacks Marketplace Opensea vulnerability OpenSea patches vulnerability that potentially exposed users’ identities

Nonfungible token marketplace OpenSea has reportedly patched a vulnerability that, if exploited, could have exposed identifying information about its anonymous users.

11.03 / 14:15

Blockchain defi hacks Decentralization Bitcoin network Bitcoin Network How the Bitcoin network can solve the pitfalls of DeFi token bridges

Decentralized finance (DeFi) saw a record inflow from centralized exchanges as crypto users flocked to self-custody solutions following the FTX collapse. Over 100,000 Bitcoin (BTC) left crypto exchanges so investors could avoid third-party custody. True to the “not your keys, not your coins” mantra of Bitcoin, DeFi solves a wide array of problems associated with centralized entities.

11.03 / 00:37

Adoption defi Hackers hacks regulation Funding collapses Crypto funding shifts from CeFi to DeFi after major collapses: Finance Redefined

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.

10.03 / 09:09

business defi hacks Altcoin Smart Contracts Hedera Exploit Hedera confirms exploit on mainnet led to theft of service tokens

Hedera, the team behind distributed ledger Hedera Hashgraph, has confirmed a smart contract exploit on the Hedera Mainnet that has led to the theft of several liquidity pool tokens.

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