4 / 13 Relevant items tagged with #Hacks

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April sees $25M in exploits and scams, marking historical low ― Certik

[Apr 30 10:30 AM] Losses from hacks and scams reached their lowest level since 2022 when Certik first started recording the data, as flash loan attacks and private key hacks decreased.

Dead protocol leaks crypto funds from hacked pool

[Apr 30 3:37 AM] Approximately $181,000 worth of crypto assets was drained from Yield Protocol’s strategic contracts present on the Arbitrum blockchain.

North Korean Lazarus Group laundered over $200M in hacked crypto since 2020

[Apr 29 9:00 AM] The notorious group of hackers used a combination of crypto mixers and peer-to-peer marketplaces to launder the stolen funds.

Io.net responds to GPU metadata attack

[Apr 28 5:11 AM] The founder of Io.net will host a livestream on April 28 to demonstrate live cluster creation and rest the fear, uncertainty and doubt.

Ethereum L2 Movement Labs raises $38M for Move-EVM adoption

[Apr 25 9:00 AM] Through Facebook’s Move-based Ethereum virtual machines, Movement Labs aims to enhance smart contract security and transaction throughput within the Ethereum ecosystem.

DeFi’s ‘unknown and unpredictable’ risks curb institutional use — Fireblocks VP

[Apr 24 7:00 AM] Institutions are keen on DeFi, and its use among them is growing, but on-chain risks are hamstringing further adoption, says Fireblocks’ Shahar Madar.

New crypto users shouldn’t ‘rush into DeFi’ — Security firms

[Apr 24 4:57 AM] Hacken’s Luciano Ciattaglia said that new crypto users should not immediately jump into decentralized finance or decentralized exchanges.

Binance Shifts $1 Billion in SAFU Bitcoin Reserves to USDC

[Apr 18 11:33 AM] Binance, the leading cryptocurrency exchange globally in terms of trading volume, has shifted its SAFU (Secure Asset Fund for Users) reserves into the stablecoin USDC to bolster “its reliability.” During the early hours of Thursday…

North Korean Crypto Hackers Have Stolen $3B Since 2017, Says UN Security Council: Report

[Mar 21 5:30 AM] A UN Security Council panel is investigating 17 crypto heists in 2023, for which North Korea may have been responsible, which were valued at more than $750 million.

North Korea Was Responsible for Over $600M in Crypto Thefts Last Year: TRM Labs

[Jan 5 8:00 AM] North Korea-affiliated actors were behind a third of all crypto hacks in 2023, making off with some $600 million in funds, a new TRM Labs study said.

Orbit Chain Loses $81M in Cross-Chain Bridge Exploit

[Jan 2 6:39 AM] Orbit Chain, a platform that interacts and transacts with various blockchains, has lost $81 million after hackers exploited the platform's cross-chain bridge.

Reports State at Least $1.7B Was Lost in Hacks and Exploits During 2023

[Dec 29, 2023 6:30 AM] Several reports that have recently surfaced have revealed the extent of losses that crypto platforms and users faced during 2023 as a product of exploits and hacks. TRM Labs’ latest report states that the number ascended to $1.7 billion…

Crypto Exchange Catalyx Suspends Trading, Withdrawals Following 'Security Breach'

[Dec 28, 2023 4:32 PM] The Canadian exchange suffered a security break earlier this month, resulting in the loss of an unknown amount of customer funds.

Crypto Users Lost $2B to Hacks, Scams and Exploits in 2023, De.Fi Says

[Dec 27, 2023 6:51 AM] The figure is roughly half the estimated $4.2 billion of 2022, a year that also included $40 billion lost through the collapse of Terra, Celsius and FTX.

Mt. Gox Appears to Have Started PayPal Repayments Tied to 2014 Bitcoin Hack

[Dec 26, 2023 5:31 AM] Payments through bank accounts are still awaited.

DeFi Has a Risk Problem and It’s Time to Solve It

[Dec 20, 2023 9:31 AM]

NFT Trader’s stolen Apes returned after bounty payment

[Dec 17, 2023 12:09 PM] The hacker returned 36 BAYC and 18 MAYC after receiving a 120 Ether bounty payment from Yuga Labs co-founder Greg Solano.

NFT Trader hacked, millions of dollars in NFT stolen

[Dec 16, 2023 1:37 PM] At least 13 Mutant Ape Yacht Club and 37 Bored Ape tokens were stolen, along with VeeFriends and World of Women tokens. The losses amount to almost $3 million.

Ledger CEO explains hack, calls it ‘isolated incident’

[Dec 14, 2023 2:54 PM] CEO and Chairman Pascal Gauthier says the company is working with law enforcement to "find this bad actor, bring them to justice."

Security engineer pleads guilty to Nirvana Finance exploit and one other hack

[Dec 14, 2023 2:30 PM] Shakeeb Ahmed was arrested for hacking an unspecified DEX, then admitted to Nirvava Finance hack too.

Ledger breach possibly affecting whole EVM ecosystem — Linea

[Dec 14, 2023 10:48 AM] Wallet provider MetaMask was also affected by the incident. Ledger released a patch to resolve the issue but warned users to wait 24 hours before using its connector library again.

Ledger attacker drained at least $484K

[Dec 14, 2023 9:33 AM] The hacker behind the attack on Ledger’s connector library has stolen at least $484,000, according to blockchain analysis platform Lookonchain.

Ledger patches vulnerability after multiple DApps using connector library were compromised

[Dec 14, 2023 7:24 AM] Multiple decentralized applications using Ledger’s connector library have been compromised, including SushiSwap and Revoke.cash. Ledger claims the issue has been fixed.

Crypto hacking losses plunge by nearly 50% in 2023: Report

[Dec 13, 2023 6:44 AM] Blockchain intelligence firm TRM Labs credits this decline to enhanced security measures, law enforcement and industry coordination.

OKX DEX suffers $2.7M exploit after proxy admin contract upgrade

[Dec 13, 2023 4:15 AM] The OKX DEX suffered an exploit resulting in a loss of around $2.7 million in cryptocurrencies after a proxy admin upgraded a contract that allowed a hacker to compromise the private key.

KyberSwap exploiter linked to $50M HXA token movement

[Dec 10, 2023 2:59 AM] Blockchain security firm Cyvers said the KyberSwap exploiter’s acquired funds were spread across various externally owned accounts (EOAs), now recognized as the top HXA token holders.

Kyberswap comes to the rescue of hack victims, Platypus hacker walks free: Finance Redefined

[Dec 9, 2023 1:10 AM] The Platypus hacker managed to walk free from a court after claiming to be an ethical hacker despite stealing $8.5 million from the protocol.

Code Is Not (Always) Law

[Dec 7, 2023 2:48 PM] Sometimes, the law is the law, industry experts say.

Web3 firm detects major security flaw in common smart contracts

[Dec 5, 2023 1:13 AM] A security vulnerability potentially affecting hundreds of smart contracts that were pre-built using a commonly used open-source library has been reported by Web3 firm Thirdweb.

Platypus hacker walks free with $8.5M after claiming to be 'ethical hacker'

[Dec 4, 2023 4:48 AM] While hackers Mohammed M. and his brother were cleared of all criminal charges, 7.8 million euros worth of crypto tokens became inaccessible after getting stuck in a wallet.