Hacks Financial News

20.02 / 23:49

markets Blockchain hacks Altcoin Bitcoin Price Modular blockchains could be the next hot crypto market trend in 2023

The public blockchain sector grew from less than a few million dollars in the last decade to a $1 trillion industry. However, one thing that the space has yet to solve is a decentralized and secure interoperable solution.

20.02 / 18:07

Ethereum Hackers hacks Fraud crimes Cybercrime Fake Ethereum Denver website linked to notorious phishing wallet

A fake website of the popular Ethereum Denver conference is the latest phishing target of a red-flagged smart contract that has stolen over $300,000 worth of Ether (ETH).

18.02 / 23:45

defi Hackers hacks lending compensation Platypus to work on compensation plan after $8.5M attack

Decentralized finance (DeFi) firm Platypus is working on a compensation plan for user's losses after a flash loan attack drained nearly $8.5 million from the protocol, affecting its stablecoin dollar-peg.

18.02 / 01:39

defi Hackers hacks Smart Contracts Loans Platypus attack exploited incorrect ordering of code, auditor claims

The $8m Platypus flash loan attack was made possible because of code that was in the wrong order, according to a post mortem report from Platypus auditor Omniscia. The auditing company claims the problematic code didn’t exist in the version they saw.

17.02 / 23:51

Blockchain defi Hackers hacks regulation consequences SEC’s staking crackdown has uncertain consequences for DeFi: 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.

17.02 / 07:23

Adoption hacks Social Media Scams Bitcoin Scams California regulator launches complaint-based crypto scam tracker

The Californian Department of Financial Protection and Innovation (DFPI) has launched a new crypto scam tracker to help traders and investors spot possible industry threats.

16.02 / 21:21

Blockchain hacks Sky Mavis Norwegian police recover $5.9M stolen from Axie Infinity Ronin hack

According to a press release published on Feb. 16 by Norway's National Authority for Investigation and Prosecution of Economic and Environmental Crime (Økokrim), authorities have seized 60 million Norwegian Kroner ($5.85 million) in stolen cryptocurrencies linked to the Axie Infinity Ronin Bridge hack last March. According to senior public prosecutor Bender,

16.02 / 10:21

Law defi Hackers hacks Court Mango Markets exploiter seeks to keep disputed funds paid as ‘bug bounty’

The alleged exploiter of the decentralized finance protocol Mango Markets, Avraham Eisenberg, is seeking to keep his share of crypto gained from his so-called “highly profitable trading strategy.”

13.02 / 22:31

Blockchain defi Hackers hacks regulation crimes Cybercrime Sky Mavis DeFi exploits and access control hacks cost crypto investors billions in 2022: Report

Cyber criminals used a variety of novel ways to carry out hacks and exploits in 2022, with over $2.8 billion of cryptocurrency stolen last year.

13.02 / 07:43

Ethereum Hackers hacks Wormhole hacker moves another $46M of stolen funds

The ill-gotten crypto from one of the industry’s largest exploits is on the move again, with on-chain data showing another $46 million of stolen funds has just shifted from the hacker’s wallet.

13.02 / 06:57

business Blockchain Hackers hacks Cybersecurity Hardware Wallet OneKey says it's fixed the flaw that got its hardware wallet hacked in 1 second

Crypto hardware wallet provider OneKey says it has already addressed a vulnerability in its firmware that allowed one of its hardware wallets to be hacked in one second flat.

11.02 / 21:03

business Blockchain Binance hacks Cybersecurity security Chain vulnerability Jump Crypto unveils critical vulnerability on Binance’s BNB Chain

Web3 infrastructure firm Jump Crypto has discovered a vulnerability in the Binance BNB Beacon Chain, which would allow the mint of an unlimited amount of arbitrary tokens. The issue was privately disclosed to the BNB team, enabling a patch to be developed and deployed within 24 hours.

07.02 / 17:45

Blockchain Hackers hacks Cybersecurity security Crypto users Scammers are targeting crypto users with new ‘zero value TransferFrom’ trick

Data from Etherscan shows that some crypto scammers are targeting users with a new trick that allows them to confirm a transaction from the victim’s wallet, but without having the victim’s private key. The attack can only be performed for transactions of 0 value. However, it may cause some users to accidentally send tokens to the attacker as a result of cutting and pasting from a hijacked transaction history.

07.02 / 12:27

defi Hackers hacks DEX Exploit CoW Swap hacker milks over 550 BNB using ‘solver’ exploit

Decentralized exchange (DEX) protocol CoW Swap recently suffered an attack, losing at least 550 BNB (BNB) in a contract exploit that approved fund transfers from the protocol.

04.02 / 06:09

Blockchain Hackers hacks regulation Scams phishing FBI Scammer FBI seizes $100K in NFTs from scammer following ZachXBT investigation

The Federal Bureau of Investigation (FBI) has seized two non-fungible tokens (NFTs) worth more than $100,000 and 86.5 Ether (ETH) from a reported phishing scammer.

04.02 / 00:01

defi Hackers hacks regulation DeFi enjoys a prolific start to 2023: 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.

03.02 / 05:33

Blockchain Hackers hacks Cybersecurity security Cybercrime phishing Crypto security OpenSea serves as an example of why crypto security must improve

In February 2022, OpenSea fell prey to a major phishing attack that resulted in over $1.7 million in nonfungible tokens (NFTs) being stolen from users. It wasn’t the only incident: Blockchain users reportedly lost $3.9 billion to fraudulent activity in 2022 alone.

02.02 / 23:41

NFT hacks Scams Opensea Porsche NFT trading volume nears $5M: Nifty Newsletter, Jan 25–31

In this week’s newsletter, read about how Moonbirds founder Kevin Rose lost nonfungible tokens (NFTs) worth more than $1.1 million. Find out why an NFT collector is suing NFT marketplace OpenSea over locking his account for three months and how the Porsche NFT collection gained almost $5 million in sales volume, despite a failed launch. In other news, find out how NFT trademarks could potentially be a reliable signal for NFT traders. Lastly, professionals within the Web3 space shared various ways to combat NFT theft.

02.02 / 22:07

Blockchain defi Hackers hacks Altcoin Exploit Lack of liquidity mitigated damages to BonqDAO exploit: Report

According to blockchain security firm CertiK, the damage caused to decentralized protocol BonqDAO on Feb. 1 may have been much less than initially thought.

02.02 / 17:05

Adoption NFT defi Hackers hacks security Scams Developers seek solutions for Web3-related scams from internet browsers

A big concern for users in decentralized finance (DeFi) involves the industry’s susceptibility to exploits. A report from Privacy Affairs revealed hackers stole $4.3 billion worth of cryptocurrency in the time period from January to November 2022 — a 37% increase from the previous year.

02.02 / 04:23

business Blockchain Hackers hacks Altcoin lending DAO BonqDAO protocol suffers $120M loss after oracle hack

A small-scale decentralized autonomous organization (DAO) has suffered a rather sizeable smart contract exploit leading to an estimated $120 million being stolen from its protocol.

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