Hacks Financial News

02.10 / 11:17

Ethereum Hackers hacks DEX BUG Transit Swap loses over $21M due to internal bug hack, issues apology

Transit Swap, a multi-chain decentralized exchange (DEX) aggregator, lost roughly $21 million after a hacker exploited an internal bug on a swap contract. Following the revelation, Transit Swap issued an apology to the users while efforts to track down and recover the stolen funds are underway.

01.10 / 01:00

defi hacks Private Keys Amber Group uses simple hardware to show just how fast, easy the Wintermute hack was

Amber Group has reproduced the recent Wintermute hack, the Hong Kong-based crypto finance service provider announced on its blog. The process was fast and simple, and used hardware easily accessible to consumers. Wintermute lost over $160 million in a private key hack on Sept. 20.

28.09 / 13:13

Blockchain defi Hackers hacks MEV MEV bot earns $1M but loses everything to a hacker an hour later

An Ethereum arbitrage trading bot managed to hit the jackpot and lose it all on the same day in an ironic turn of events in decentralized finance (DeFi).

28.09 / 05:41

Blockchain defi Hackers hacks NOT Wintermute inside job theory 'not convincing enough' —BlockSec

Blockchain security firm BlockSec has debunked a conspiracy theory alleging the $160 million Wintermute hack was an inside job, noting that the evidence used for allegations is “not convincing enough."

27.09 / 18:03

markets hacks Ether price Ethereum fork token ETHPoW climbs 150% after smart contract hack — A fakeout rally?

ETHW has logged a significant price rebound despite its blockchain network, ETHPoW, suffering a smart contract hack in the first week after its launch.

27.09 / 09:07

Blockchain defi Hackers hacks Cyber Cyber sleuth alleges $160M Wintermute hack was an inside job

A fresh new crypto conspiracy theory is afoot — this time in relation to last week's $160 million hack on algorithmic market maker Wintermute — which one crypto sleuth alleges was an "inside job."

26.09 / 16:25

defi hacks Decentralized Exchange Exploit Almost $1M in crypto stolen from vanity address exploit

Hacks and exploits continue to plague the decentralized finance (DeFi) sector as another vanity wallet address joins the roster of DeFi victims that collectively lost more than $1.6 billion in 2022.

24.09 / 12:55

Ethereum Hackers hacks Altcoin Arbitrage MEVbots backdoor drains users’ Ethereum funds via arbitrage trading bot

MEV gain, an Ethereum (ETH) arbitrage trading bot built by MEVbots, which claims to provide stress-free passive income, has been actively draining its users’ funds via a fund-stealing backdoor.

23.09 / 23:57

Blockchain defi hacks saga Tornado Cash saga left a void, says Chainalysis chief scientist: 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.

22.09 / 20:33

business hacks Funding Venture Capital BUG Framework Bug Bounty Crypto bug bounty platform Immunefi raises $24M led by Framework Ventures

Web3 bug bounty and security services platform Immunefi has closed a $24 million Series A funding round, putting the company on track to scale its in-house capacity amid widespread vulnerabilities in the blockchain industry.

21.09 / 08:03

defi Hackers hacks Smart Contracts vulnerability White hat finds huge vulnerability in ETH to Arbitrum bridge: Wen max bounty?

A self-described white hat hacker has uncovered a “multi-million dollar vulnerability” in the bridge linking Ethereum and Arbitrum Nitro and received a 400 Ether (ETH) bounty for their find.

20.09 / 22:49

business Blockchain hacks CEO vulnerability Well-known vulnerability in private keys likely exploited in $160M Wintermute hack

Blockchain cybersecurity company Certik has said a vulnerable private key was attacked in the Wintermute hack. A vulnerability in private keys generated by the Profanity app was likely exploited. The vulnerability has been known since at least January.

20.09 / 12:49

defi Hackers hacks $160 million stolen from crypto market maker Wintermute

Wintermute, a cryptocurrency market maker based in the United Kingdom, became the latest victim of decentralized finance (DeFi) hacks for approximately $160 million, according to Evgeny Gaevoy, the company’s founder and CEO.

20.09 / 12:03

Blockchain Twitter Hackers hacks Hackers take over CoinDCX Twitter account, promote fake XRP ads

The official Twitter account of India-based crypto exchange CoinDCX has been hacked and used by the exploiters to post fake XRP promos partnered with phishing links in an attempt to scam the exchange’s followers.

19.09 / 12:41

Ethereum Hackers hacks proof-of-work vulnerability Exploit ETHW ETHW confirms contract vulnerability exploit, dismisses replay attack claims

Post-Ethereum Merge proof-of-work (PoW) chain ETHW has moved to quell claims that it had suffered an on-chain replay attack over the weekend.

18.09 / 14:25

Blockchain Ethereum Hackers hacks Warning vulnerability Profanity tool vulnerability drains $3.3M despite 1Inch warning

Decentralized exchange aggregator 1inch Network issued a warning to crypto investors after identifying a vulnerability in Profanity, an Ethereum (ETH) vanity address generating tool. Despite the proactive warning, apparently, hackers were able to make away with $3.3 million worth of cryptocurrencies.

10.09 / 00:15

defi hacks avalanche Time DApp activity rises 3.7% in August for the first time since May: 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.

09.09 / 01:13

Blockchain Hackers hacks The Sandbox's Instagram account compromised, hackers try to rent BAYC NFTs

Metaverse platform The Sandbox saw its Instagram profile hacked and used to try and rent out Bored Ape Yacht Club nonfungible tokens (NFTs) from a number of users on the social media platform.

08.09 / 13:01

defi Hackers hacks Loans DeFi protocol token NFD crashes by 99% after a flash loan attack

New Free DAO, a decentralized finance (DeFi) protocol, faced a series of flash loan attacks on Sept. 8, resulting in a reported loss of $1.25 million. The price of the native token has dropped by 99% in the wake of the attack.

02.09 / 21:43

business defi Hackers hacks network Kyber Network offers bounty following $265K hack of decentralized exchange

KyberSwap, the decentralized exchange built on liquidity protocol Kyber Network, has offered a hacker 15% of the funds from a $265,000 exploit as a bug bounty.

01.09 / 14:55

business Blockchain defi hacks DeFi protocol shuts down months after the Rari Fuse hack

Decentralized finance (DeFi) protocol Babylon Finance has finally announced that it will shut down after months of trying to recover from the negative momentum that the Rari Fuse exploit caused.

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