11 / 13 Relevant items tagged with #Hacks

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DeFi to be examined at inaugural CFTC tech advisory meeting: Finance Redefined

[Mar 3, 2023 3:00 PM] French police arrested two individuals in connection with the Platypus exploit in the month of February.

Uniswap DAO debate shows devs still struggle to secure cross-chain bridges

[Feb 26, 2023 8:01 AM] Developers face tradeoffs between making bridges upgradeable to fix bugs versus making them decentralized.

French police arrest 2 people in connection to Platypus attack

[Feb 25, 2023 9:46 AM] The French police have arrested two suspects and seized 210,000 euros worth of crypto in connection with the Platypus exploit.

Yield platform Stablegains sued for promoting UST: Finance Redefined

[Feb 24, 2023 3:00 PM] DeFi market saw another exploit this past week on the Platypus protocol, resulting in a loss of over $8 million.

Platypus reveals compensation plan for users' funds after attack

[Feb 23, 2023 1:30 PM] DeFi protocol Platypus seeks to return nearly 78% of the main pool funds by reminting frozen stablecoins.

Coinbase discloses recent cyberattack targeting employees

[Feb 22, 2023 1:00 PM] No customers' funds or information were impacted, according to the company. Coinbase's engineering team believes the attack is associated with a sophisticated phishing campaign.

Modular blockchains could be the next hot crypto market trend in 2023

[Feb 20, 2023 2:30 PM] As the crypto industry recovers, a new generation of modular blockchains could replace centralized bridges and exchanges.

Platypus to work on compensation plan after $8.5M attack

[Feb 18, 2023 2:31 PM] According to the DeFi protocol, different parties, including legal enforcement officials, are currently involved in the funds’ recovery process.

Platypus attack exploited incorrect ordering of code, auditor claims

[Feb 17, 2023 4:35 PM] The misordered lines caused a solvency check to be performed before the user’s amount, factor, and rewardDebt had been set to zero

SEC’s staking crackdown has uncertain consequences for DeFi: Finance Redefined

[Feb 17, 2023 2:20 PM] The DeFi market’s total value locked surpassed $50 billion for the first time in six months thanks to the bullish burst in the crypto market over the past week.

DeFi exploits and access control hacks cost crypto investors billions in 2022: Report

[Feb 13, 2023 1:00 PM] Cyber criminals used a variety of methods to siphon funds through hacks and exploits in 2022, amounting to over $2.8 billion in losses.

MetaMask issues scam alert as NameCheap hacker sends unauthorized emails

[Feb 13, 2023 1:19 AM] Web hosting company NameCheap detected the misuse of one of its third-party services for sending some unauthorized emails — which directly targeted MetaMask users.

Jump Crypto unveils critical vulnerability on Binance’s BNB Chain

[Feb 11, 2023 10:57 AM] The security flaw would allow the mint of an unlimited amount of arbitrary tokens. The issue was privately disclosed to the BNB team.

Scammers are targeting crypto users with new ‘zero value TransferFrom’ trick

[Feb 7, 2023 8:33 AM] The trick allows the attacker to confirm zero-value transactions from the victim’s wallet, hijacking the user’s transaction history.

DeFi enjoys a prolific start to 2023: Finance Redefined

[Feb 3, 2023 2:20 PM] DeFi marks a perfect entry into 2023 with a bullish January and TVL nearing $50 billion.

Lack of liquidity mitigated damages to BonqDAO exploit: Report

[Feb 2, 2023 1:00 PM] After amassing $120 million in tokens through an infinite minting glitch, hackers reportedly only cashed out around $1 million due to a lack of liquidity on BonqDAO.

Developers seek solutions for Web3-related scams from internet browsers

[Feb 2, 2023 8:00 AM] A new suite of tools for Web3 businesses targets the safety and security of transactions, websites and smart contacts to combat exploits.

Crypto exploit losses in January see nearly 93% year-on-year decline

[Jan 31, 2023 10:47 PM] Around $8.8 million was lost to crypto exploits in January, a massive decline from the figures this time last year.

Wormhole wins second 'temp check' to become bridge for Uniswap governance

[Jan 31, 2023 3:34 PM] Wormhole got over 60% of the vote in the Uniswap DAO referendum, with LayerZero coming in second.

TradFi and DeFi come together at Davos 2023: Finance Redefined

[Jan 27, 2023 2:20 PM] Decentralized finance meets its traditional counterpart at Davos, with a growing cross-pollination between the two.

Crypto tracker picks up trail of funds heisted from Harmony Bridge in June

[Jan 23, 2023 3:15 PM] The crypto detectives traced funds stolen by North Korean Lazarus Group through two mixers and various networks to identify 350 addresses where the funds remain today.

DeFi should complement TradFi, not attack it: Finance Redefined

[Jan 20, 2023 3:30 PM] Top 100 DeFi tokens continued their bullish momentum into third week of January with majority of the tokens trading in green on weekly charts.

Cross-border crypto scammers on the hit list for EU agencies

[Jan 16, 2023 2:52 AM] Europol and Eurojust, two EU agencies for law enforcement cooperation, joined authorities from Bulgaria, Cyprus, Germany and Serbia to investigate online investment fraud since June 2022.

Solana Foundation warns about security incident with Mailchimp

[Jan 14, 2023 4:08 PM] According to an email sent to users, an unauthorized actor accessed and exported certain user data from the Solana Foundation’s Mailchimp instance.

DeFi was the most attacked ecosystem in 2022: Finance Redefined

[Jan 13, 2023 3:00 PM] 2023 started on a bullish note for nearly all the top 100 DeFi tokens, as most of them rose to new multi-week highs.

Germany’s Financial Watchdog Warns of ‘Godfather’ Malware Attacks on Crypto Apps

[Jan 12, 2023 6:30 AM] The agency overseeing the financial sector in Germany has issued a warning about the ‘Godfather’ malware attacking banking and crypto applications. Hundreds of these platforms have been targeted, the regulator noted, including those operating in…

DeFi-type projects received the highest number of attacks in 2022: Report

[Jan 9, 2023 2:24 AM] A new Web3 security report from Beosin revealed that of the 167 major security exploits DeFi projects saw the most, at 113 attacks.

Why DeFi should expect more hacks this year: Blockchain security execs

[Jan 8, 2023 7:30 PM] One reason is that “hackers have gotten smarter, gained more experience, and learned how to look for bugs,” according to the founder of a crypto auditing firm.

December DeFi exploits were the lowest in 2022: Finance Redefined

[Jan 6, 2023 2:20 PM] The DeFi market didn't see much change in its first week of new year compared to the last week of 2022 as the price momentum remained in a similar zone.

Balancer warns some LPs to remove liquidity ASAP because of a 'related issue'

[Jan 6, 2023 9:19 AM] The team did not disclose what the issue is, but stated that it "cannot be mitigated by the emergency DAO."