Hacks Financial News

30.12 / 23:51

defi Hackers hacks Scams exit week DeFi sees exploits and exit scam drama in the last week of 2022: 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.

30.12 / 03:11

Blockchain Hackers hacks Scams The 10 largest crypto hacks and exploits in 2022 saw $2.1B stolen

It's been a turbulent year for the cryptocurrency industry — market prices have taken a huge dip, crypto giants have collapsed and billions have been stolen in crypto exploits and hacks.

29.12 / 12:35

Blockchain hacks regulation FTX Mixers Crypto mixers Alameda wallets funnel over $1.7M via crypto mixers overnight

30 cryptocurrency wallets linked to Alameda Research, the bankrupt sister company of crypto exchange FTX, became active on Dec. 28 following four weeks of inactivity. These wallets swapped and mixed over $1.7 million worth of crypto assets through various crypto-mixing services.

29.12 / 01:31

business Binance hacks Warning Leak 3Commas CEO confirms API key leak following warning from CZ

Binance CEO Changpeng Zhao (CZ) warned his 8 million Twitter followers on Dec. 28 that he is “reasonably sure” that API key leaks are taking place at the cryptocurrency trade management platform.

28.12 / 12:39

Blockchain hacks regulation FTX bail play Alameda wallets become active days after SBF bail, community mulls foul play

The crypto wallets associated with now-bankrupt trading firm Alameda Research, the sister company of FTX, were seen transferring out funds just days after the former CEO Sam Bankman Fried was released on a $250 million bond.

28.12 / 07:21

defi Hackers hacks Scams Rug Pull Defrost Finance breaks silence on ‘exit scam’ accusations, denies rug pull

Defrost Finance, the decentralized trading platform that suffered a $12 million exploit leading up to Christmas, has denied allegations that it had “rugged” its users as part of an elaborate “exit scam.”

27.12 / 18:49

Blockchain Technology hacks Exploit BitKeep CEO says some users’ private keys remain at risk after exploit

According to a letter posted on Chinese blockchain news publisher Odaily.com on Dec. 27, Kevin Como, the anonymous CEO of BitKeep, warned that users’ private keys are still at risk after a security incident on Dec. 26 led to over $13 million in losses at the time of publication. BitKeep is one of the more popular noncustodial, decentralized finance multichain wallets with over 6 million users. Specifically, Como wrote:

27.12 / 10:29

defi Hackers hacks Here's how Defrost Finance plans to refund users following $12M hack

After recovering the funds lost in a recent flash loan exploit, decentralized leverage-trading platform Defrost Finance is planning to return the funds to their rightful owners, according to a new announcement.

26.12 / 17:41

Blockchain defi hacks exit Defrost Finance offers 20% payment to hackers as CertiK claims project is an 'Exit Scam'

On Dec. 26, blockchain security firm CertiK issued a warning alleging that Defrost Finance, a decentralized leveraged trading platform on the Avalanche Blockchain, is an "Exit Scam." In supporting the decision, CertiK wrote:

26.12 / 11:21

Blockchain defi Hackers hacks Exploit Hackers drain $8M in assets from Bitkeep wallets in latest DeFi exploit

While many are still enjoying the holiday season, hackers are hard at work, draining around $8 million in an ongoing BitKeep wallet exploit.

23.12 / 23:33

defi Hackers hacks Web3 Projects Web3 projects would rather get hacked than pay bounty: 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.

22.12 / 19:33

business Blockchain hacks North Korean hacking activity ceases after regulators implement KYC - Report

According to a new press report published by South Korea's National Intelligence Service (NIS), North Korean hackers have stolen more than 800 billion Korean won ($620 million) worth of cryptocurrencies from decentralized finance, or DeFi, platforms this year. The agency also revealed it blocked a daily average of 1.18 million attacks perpetrated by national and international hacking organizations in November.

22.12 / 00:17

defi Hackers hacks compensation Raydium announces details of hack, proposes compensation for victims

The team behind the Raydium decentralized exchange (DEX) has announced details as to how the hack of Dec. 16 occurred and offered a proposal to compensate victims.

21.12 / 21:49

defi Hackers hacks Exploit Ankr says ex-employee caused $5M exploit, vows to improve security

A $5 million hack of Ankr protocol on Dec. 1 was caused by a former team member, according to a Dec. 20 announcement from the Ankr team.

20.12 / 15:17

Blockchain defi Hackers hacks Projects would rather get hacked than pay bounties, Web3 developer claims

As hacks and exploits continue to go rampant within the crypto industry, the importance of finding vulnerabilities to prevent potential losses becomes of utmost importance. However, a Web3 developer highlighted that it’s not rewarding to do so.

16.12 / 19:07

business Blockchain defi hacks Raydium is attacked, loses $2 million

Solana DeFi protocol Raydium has suffered an exploit, according to a statement from the developer. An initial investigation by the team has revealed that the attacker has taken over the exchange’s owner account. The team says that “authority” over the automated market maker and farm programs have been paused, “for now.”

12.12 / 01:05

business hacks phishing 3Commas denies staff members stole API keys

Crypto trading firm 3Commas denied its employees' stolen user's API keys, claiming the screenshots circulating on social media are fake, and urged affected users to file a police report in order to stop withdrawals in exchanges.

11.12 / 18:53

defi Hackers hacks Altcoin Lodestar Finance exploited in flash loan attack

Arbitrum-based lending protocol Lodestar Finance was exploited in a flash loan attack on Dec. 10. According to Lodestar, the attacker manipulated the price of the plvGLP token before borrowing all platform liquidity using the inflated token.

11.12 / 14:05

business Binance Hackers hacks NOT Abnormal token price movements on Binance not hack-related, confirms CZ

Crypto exchange Binance began investigating suspicious behavior on its platform after noticing abnormal price movements for certain trading pairs involving Sun Token (SUN), Ardor (ARDR), Osmosis (OSMO), FUNToken (FUN) and Golem (GLM) tokens. Nearly 40 minutes into the investigation, Binance CEO Changpeng ‘CZ’ Zhao revealed that the price movements “appears to be just market behavior.”

08.12 / 20:11

defi Hackers hacks Tokens Relaunch vulnerability Nomad releases bridge relaunch guide after patching contract vulnerability

The Nomad token bridge announced its relaunch guide after fixing the contract vulnerability that led to a $190 million exploit in August. According to a blog post from Dec. 7, the Nomad protocol will allow users to bridge back madAssets and access a pro-rata share of recovered funds.

08.12 / 06:39

business hacks Analysis Fraud FTX hires forensics team to find customers’ missing billions: Report

The new management for bankrupt crypto exchange FTX has reportedly hired a team of financial forensic investigators to track down the billions of dollars worth of missing customer crypto.

Hacks Financial News

popular questions about hacks

What is hacks and why is it important?

Where can I find the latest updates on hacks?

How can I verify the accuracy of information on hacks?