1 / 1 Relevant items tagged with #CryptoExploit

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DeFi Platform Delta Primes Loses $6 Million In Security Breach, Is North Korea Involved?

[Sep 17 1:30 AM] Decentralized Finance (DeFi) platform Delta Primes suffered a security breach on Monday, affecting the protocol’s users. The attack took $6 million from the project’s pools and is under investigation. However, on-chain investigators suspect it…

Terra chain halts operations, ASTRO token falls over 60%

[Jul 31 9:12 AM] The Terra blockchain halt led to the ASTRO token value falling due to a suspected exploit.

Li.Fi releases incident report following $11M hack

[Jul 18 1:51 PM] The team also announced it was working on a voluntary compensation plan to reimburse 100% of funds to users affected by the exploit.

Gala Games Announces Partnership With Animoca Brands, GALA Token Plunges 6.7%

[Jul 4 1:00 AM] Web3 and blockchain gaming firm Gala Games partnered with Animoca Brands to boost its native token. The companies joined forces to develop the altcoin and enhance users’ experience. Nonetheless, GALA has faced a 6.7% price decline following the…

$8M theft forces Bittensor network shutdown

[Jul 3 3:59 AM] All user funds are safe following the network halt, according to the Bittensor team.

UwU Lend faces second hack during $20M reimbursement process

[Jun 13 2:51 AM] The UwU exploiter strikes again and steals $3.5 million from the lend protocol as it begins reimbursing hack victims.

Alex Labs rolls out post-exploit recovery plan

[May 30 7:12 AM] Alex Labs has revealed a recovery roadmap and enhanced security measures post-exploit aimed at rebuilding community trust and resuming operations.

Gala Games Recovers $23M Stolen By Hacker, Plans Token Buyback Program

[May 21 5:00 PM] In a recent security incident, Gala Games, a Web3 gaming company, fell victim to an exploit that led to the unauthorized minting of 5 billion tokens, equivalent to approximately $214 million.  The hacker behind the breach subsequently sold 592…

Crypto Post-Mortem: Here’s How Pump.Fun Was Exploited For $2 Million

[May 17 7:00 PM] Solana-based platform Pump.fun suffered an exploit that left the crypto community with many questions. The attack stole millions of dollars in users’ funds, but the reasons behind it and the exact amount of the loot were unclear. Amid the…

Coinbase Suspends PlayDapp Trading After Hack, PLA Price Reacts

[Feb 14 4:00 PM] Coinbase has temporarily suspended the gaming platform PlayDapp’s token trading and transfer activities after the recent hack that resulted in the theft of 200 million PLA tokens. Recent updates from the Web3 platform have shared some insight into…

Kyber Network Takes Swift Action After $48 Million Breach, Implements Critical Decisions

[Dec 26, 2023 9:00 PM] Decentralized finance (DeFi) platform Kyber Network has taken significant steps to address the aftermath of a massive security breach in November, with CEO and co-founder Victor Tran at the helm. Despite the challenges posed by the “Elastic…

Solana-Based Aurory Suffers Devastating Exploit: 80% Of Liquidity Gone

[Dec 18, 2023 6:30 PM] Aurory (AURY), a blockchain-based tactical Japanese role-playing game built on Solana (SOL), recently experienced a significant liquidity loss in its Camelot’s AURY-USDC pool.  The incident occurred due to a hack on the SyncSpace bridge…

Is Your Crypto at Risk? FBI Issues Dire Warning Over ‘Phantom Hacker’

[Oct 2, 2023 7:00 PM] As the crypto market continues to attract substantial investments, it has also witnessed a surge in scams and fraudulent activities. Regulatory institutions worldwide, spearheaded by the United States, seem to intensify their efforts to combat…

BREAKING: Crypto Exchange CoinEX Reportedly Hit By Massive Hack, Losses Exceed $27 Million

[Sep 12, 2023 10:09 AM] In a concerning development, popular crypto exchange CoinEx is believed to have fallen victim to a suspected hack, resulting in significant losses from its Ethereum (ETH), TRON (TRX), and Polygon (MATIC) hot wallets. The incident, which unfolded on…

Balancer Falls Victim To Hack After Warning Of Critical Vulnerability: Funds Lost

[Aug 28, 2023 3:00 PM] In a disheartening turn of events, the decentralized finance (DeFi) protocol Balancer (BAL) confirmed a hack just days after warning about a critical vulnerability impacting multiple Pools. The attack, which took place on August 27, resulted in a…

BREAKING: Balancer V2 Pools Under Threat, LP Users In Race Against Time To Withdraw Funds

[Aug 22, 2023 10:58 AM] Balancer, a decentralized finance (DeFi) protocol operating on the Ethereum blockchain, has recently disclosed a critical vulnerability impacting several of their V2 Pools.  While emergency measures have been implemented successfully to safeguard a…

Losses from crypto rug pulls outpaced DeFi exploits in May: Beosin

[Jun 2, 2023 12:00 AM] Over $45 million was lost to exit scams in May, while exploits on DeFi protocols racked up less than half that amount over the same period.

Balancer’s Native Coin BAL Resilient Amidst Security Emergency

[Jan 7, 2023 11:46 PM] Balancer’s native token, BAL, appears to be holding up despite the platform’s ongoing security issues. On Friday, Jan. 6, the DeFi project tweeted a statement asking liquidity providers on its platform to withdraw their tokens from certain pools…

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

[Dec 29, 2022 6:00 PM] Just the top 10 major cryptocurrency exploits garnered over $2 billion for malicious actors in a year that was marred with bankruptcies and collapses.