Hacks Financial News

12.10 / 10:59

Blockchain defi Hackers hacks security Exploit Flash Loan Exploit Platypus DeFi loses $2.2M in another flash loan exploit

Decentralized finance (DeFi) protocol Platypus has lost over $2 million in assets after suffering another flash loan exploit on its platform. The protocol suspended all of its pools in response to the attack.

12.10 / 09:15

business hacks regulation Scams Fraud FTX Trial whistleblower Lost Alameda Research lost $190M to scams and ‘questionable’ blockchains: Whistleblower

FTX’s sister hedge fund, Alameda Research, lost at least $190 million of its trading funds due to arguably avoidable scams, according to a former engineer at the firm.

12.10 / 01:54

defi Hackers hacks Social Media Stars Arena recovers 90% of stolen funds after offering $257K bounty

Web3 social media platform Stars Arena says it has recovered nearly all of the crypto stolen from an Oct. 7 exploit — minus a 10% bounty to the person responsible.

11.10 / 12:39

business Blockchain hacks regulation Bitfinex Bitcoin Price Buyback iFinex proposes $150M share buyback from Bitfinex hack affected users: Report

Bitfinex's parent company iFinex has proposed to buy back $150 million worth of the company’s shares from users who were offered these shares as part of compensation for the $71 million hack on the Bitfinex crypto exchange in 2016, reported Bloomberg.

10.10 / 22:11

defi hacks identity phishing DNS Lost end Galxe replacing 110% of funds users lost in recent front-end hack, over $400K

Galxe is making users whole by 110% if they lost funds in a recent hack, the firm announced on Oct. 10. “We want to express our deepest gratitude to those who are standing by us during this difficult time,” the company said.

10.10 / 05:57

Blockchain hacks wallet Marketplace Bitcoin Ordswap urges users to recover keys after losing control of website

Ordswap, a marketplace that allows users to inscribe, auction, and trade Bitcoin Ordinals, has devised a method for users to retrieve their private keys as it scrambles to regain control of its website domain.

10.10 / 05:05

defi Hackers hacks Cybersecurity security Scams Sim Card Friend Friend.tech adds new security upgrade in wake of SIM-swap attacks

The team behind the decentralized social media platform Friend.tech has added a new security feature amid attempts to stem a flood of SIM-swap attacks targeting its users.

10.10 / 03:03

business Hackers hacks Bot 3Commas on ‘heightened alert’ after several user accounts hacked

Crypto trading bot provider 3Commas is on “heightened alert” after some of its user’s accounts were compromised and used to place trades.

10.10 / 03:03

Blockchain Ethereum hacks Fraud FTX Bitcoin FTX hacker could be using SBF trial as a smokescreen: CertiK

The hacker responsible for stealing over $400 million from FTX and FTX US in November could be using the hype around Sam Bankman-Fried’s fraud trial to further obfuscate the funds, says CertiK’s director of security operations Hugh Brooks.

09.10 / 19:07

Blockchain NFT defi hacks regulation Scams Astrology NFT project ‘Lucky Star Currency’ rugged for over $1m - Certik

The astrology-themed NFT project Lucky Star Currency (LSC) has performed an exit scam for over $1 million, according to an October 9 report from blockchain security firm Certik.

09.10 / 05:17

business Hackers hacks Cybersecurity security Scams Crypto exchange Upbit was targeted by hackers 159K times in H1: Report

South Korean cryptocurrency exchange Upbit has been targeted by hackers on more than 159,000 occasions in the first half of 2023, according to its operating firm.

08.10 / 05:43

business Hackers hacks Huobi HTX claws back $8M in stolen funds, issues 250 ETH bounty to hacker

Huobi Global’s crypto exchange HTX has confirmed the return of the funds stolen by a hacker in late September and issued a 250 Ether (ETH) bounty after resolving the issue.

08.10 / 01:55

Blockchain Hackers hacks Social Media avalanche Stars Arena Exploit audit Stars Arena secures funds to plug $3M exploit, set to reopen after security audit

Avalanche-based Web3 social media app Stars Arena announced that it has secured the funding to cover the $3 million hole left by an exploit on Oct. 6. The team also added that it will re-open the smart contract once a full security audit has occurred.

06.10 / 18:39

defi Hackers hacks Web3 Scams Decentralization Galxe protocol experiences DNS attack, losses top $150K and still growing

The website of Web3 community platform Galxe was offline for about an hour on Oct. 6. Galxe reported on X (formerly Twitter) that its website was down at 14:44 UTC, confirming 40 minutes later that it had experienced a security breach affecting its Domain Name System (DNS) record. It warned against visiting the domain until the situation was remedied.

06.10 / 05:47

business Blockchain hacks Social Media avalanche Stars Arena vulnerability SocialFi app Stars Arena dispels ‘coordinated FUD' after patching ‘noob’ vulnerability

The team behind the new friend.tech-inspired protocol Stars Arena has dismissed what it called “coordinated FUD” after patching an exploit that saw attackers escape with $2,000 from the Avalanche-based decentralized social media platform.

05.10 / 18:59

Blockchain Ethereum Adoption hacks Social Media avalanche Stars Arena Exploit Friend.tech copycat Stars Arena patches exploit after some funds drained

The Stars Arena Web3 social media app on Avalanche has lost some of its funds due to a malicious attack, according to social media reports.

05.10 / 14:19

Blockchain Hackers hacks Social Media Friend Friend.tech offers login removal solutions after SIM-swap reports

The decentralized social network Friend.tech took to social media to announce an updated feature that will allow users to add and remove various login methods used to access their personal accounts after SIM-swap reports.

05.10 / 10:19

Blockchain Ethereum Hackers hacks FTX Sam FTX exploiter moves $36.8M in Ether as Sam Bankman-Fried’s trial starts

The crypto wallet address linked to the FTX exploiter moved roughly $36.8 million worth of Ether (ETH) in the last 24 hours amid the ongoing court trials of the defunct crypto exchange’s ex-CEO, Sam Bankman-Fried (SBF).

05.10 / 06:39

Ethereum hacks Social Media Scams Sim Card Scammer Friend Friend.tech SIM-swap scourge continues as scammer nets $385K in Ether

A single scammer has reportedly managed to steal around $385,000 worth of Ether (ETH) in less than 24 hours amid a scourge of SIM-swap hacks seemingly targeting Friend.tech users.

04.10 / 06:35

business Blockchain hacks Social Media phishing Sim Card week Friend Friend.tech users blame SIM swaps after more than 100 ETH drained in a week

Friend.tech users are warning of possible SIM-swap attacks after a recent spate of supposed hacks — resulting in nearly 109 Ether (ETH) worth around $178,000 drained from four users in under a week.

02.10 / 10:19

defi Hackers hacks Scams phishing September becomes the biggest month for crypto exploits in 2023: CertiK

September has officially become the worst month in 2023 (so far) for crypto-related exploits — with a whopping $329.8 million in crypto stolen.

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