While most crypto hacks are caused by lone wolves, Monday’s $190 million exploit of the Nomad cross-bridge appears to have been driven by a feeding frenzy of hundreds of bad actors. Nomad’s cro...
Tag: Exploit
A Major Exploit on Solana Blockchain Starts Draining Phantom Wallets, SOL Down 4%
Ethereum Layer-1 competitor Solana has been facing a major exploit on its platform as per the latest reports. As per details, thousands of Phantom wallets have been compromised with the hackers steali...
Solana and Slope Wallet Users Drained in Suspected Exploit
Users of the Phantom wallet are complaining of funds being drained without their consent Several commentators are pointing towards an exploit relating to the wallet or NFT marketplace Magic Eden Users...
Nomad cross-chain crypto bridge suffers $190 million exploit
A possible exploit of the Nomad cross-blockchain bridge has resulted in the outflow of millions of dollars worth of crypto. The still-developing situation appears to have begun just after 5:30 EDT. In...
$200 Million Crypto Exploit, Bitcoin Drops Below $23,000, What’s Happening? Crypto Market Review, August 2
Arman Shirinyan Unfortunately, market positivity is gone as market loses $30 billion in capitalization The beginning of the week was not as smooth as we expected it to be following the massive rise in...
Nomad Token Bridge Drained Nearly $200M in Security Exploit
Nomad Bridge, a cross-chain decentralized finance (DeFi) application that allows users to send and receive tokens across various protocols, has been exploited for nearly $200 million worth of assets. ...
Nearly $200M Pilfered From Nomad Bridge in Latest DeFi Exploit
Crypto bridge Nomad was exploited for nearly $200 million on Aug. 1. The team is investigating the attack and has warned users not to send funds to individuals impersonating Nomad employees. Crypto br...
Nomad token bridge drained of $190M in funds in security exploit
The Nomad token bridge appears to have experienced a security exploit that has allowed hackers to systematically drain the bridge’s funds over a long series of transactions. Nearly the entire $190.7 m...
Coinbase-backed cross-chain protocol Nomad hacked in a $150 Million Exploit
On Monday evening, attackers exploited the cross-chain blockchain protocol Nomad, the latest among several bridge exploits this year. Although the exact amount isn’t confirmed, reports suggest that th...
Nomad Bridge Suffers ~$200M Exploit
Bridge exploits continue to prove to be a top concern across DeFi and crypto at large, as bridges time and time again have proven to be a major point of vulnerability. Enter once again another prime e...
Why Solana [SOL] hiked at the back of Nirvana flash loan exploit
Solana [SOL] algorithmic stablecoin, Nirvana was recently the subject of a $3.5 million exploitation. On Thursday (28 July), it announced via its official Twitter page that it had lost some of its res...
Solana-based stablecoin NIRV drops 85% following $3.5M exploit
Solana-based algorithmic stablecoin NIRV has become the latest stablecoin to fail after dropping 85% from its United States dollar peg following a hack on adaptive yield protocol Nirvana Finance on We...
Solana stablecoin Nirvana sinks 90% amid $3.5 million flash loan exploit
Nirvana Finance, a decentralized finance (DeFi) yield protocol on Solana, has suffered a flash loan exploit to the tune of about $3.5 million, according to PeckShield. Nirvana’s native token ANA...
Solana-based Nirvana loses $3.5M to flash loan exploit; tokens tank 90%
Solana-based DeFi protocol, Nirvana Finance lost $3.5 million to a flash loan attack on July 28. 1/ ? On 28 July, adaptive yield protocol @nirvana_fi was exploited for $3.49M, forcing the protocol’s $...
Solana-Based Algorithimc Stablecoin Plummets 99% After a $3.5M Flash Loan Exploit
Solana-based decentralized finance yield protocol, Nirvana, is the latest victim of a flash loan attack in the cryptocurrency space. Data from blockchain security firm, PeckShield, revealed that the a...
Solana Records Second Flash Loan Attack as Nirvana Losses $3.49M in Exploit
Solana network has recorded another flash loan attack, making it the second in a month. This time, decentralized finance (DeFi) yield protocol Nirvana was the victim, and the attacker stole $3.5 milli...
Axie Infinity: This is how AXS is recovering after $600m exploit
Play-to-earn (P2E) game Axie Infinity is seeing a turnaround in fortunes after its latest performance in the NFT market. The project has been attracting new customers with many developments on the pla...
NFT Platform OMNI Hit By Re-Entrancy Exploit, Lost $1.4M in ETH
OMNI – an NFT finance platform that lends out cryptocurrency in exchange for staked NFTs – fell victim to a re-entrancy exploit that led to the loss of nearly 1,300 ETH, worth $1.4 million at the time...
DeFi Protocols At Higher Risk Of Exploit During The Bear Market, Here’s Why
The bear market carries a lot of implications for investor depending the assets they’re invested in, and for untested market such as the decentralized finance (DeFi) market, the implications can be ev...
What AAVE’s 12% surge can mean to investors after Harmony’s $100M exploit
The second biggest DeFi protocol in the world, AAVE took a massive hit over the last three months after the total value locked on the lending dApp fell from $14 billion to $5.03 billion. That’s not al...
Exploit seeks to take $8.8M from Solana network’s Crema
Solana-based liquidity protocol Crema Finance resulted in the loss of about $8.78 million worth of cryptocurrencies in a hack, according to developers. According to the firm, it has halted its smart c...
Exploit Forces Crema Finance to Temporarily Suspend Services, $8.7 Million Stolen – Coinotizia
According to the decentralized finance (defi) protocol Crema Finance, the application was hacked on July 2, 2022. A Twitter account called “Solanafm” says the defi protocol lost around $8.7 million fr...
Exploit Forces Crema Finance to Temporarily Suspend Services, $8.7 Million Stolen – Bitcoin News
According to the decentralized finance (defi) protocol Crema Finance, the application was hacked on July 2, 2022. A Twitter account called “Solanafm” says the defi protocol lost around $8.7 million fr...
Solana-based Crema Finance Hacked for $8.7M in DeFi Exploit
Crema Finance, a DeFi protocol on the Solana network, suffered a security breach in the early hours of Sunday. The hack led to the loss of an estimated $8.7 million which the attacker still holds in s...
Crema Finance Temporarily Suspends Services Following an Exploit
2 hours ago | 2 mins read Altcoin News Crema Finance immediately halted its liquidity services after discovering the breach. Some crypto community members believe the hacker stole 90% of entire liquid...
NFT Marketplace Quixotic Suffers Exploit Attack – crypto.news
The optimism-based non-fungible token marketplace, Quixotic, has come under attack. The platform took to Twitter to announce that its contract got compromised by hackers. It said the hacker stole ERC-...
NFT Marketplace Quixotic Confirms $100k Exploit via Offering Feature Breach
Quixotic, a non-fungible token (NFT) marketplace built on layer-2 scaling solution Optimism, on Friday confirmed an exploit that resulted in the loss of $100,000 worth of ERC-20 tokens. The attacker ...
Optimism NFT marketplace Quixotic suffers exploit following contract update
Quixotic, the largest NFT marketplace on Optimism, announced on July 1 that a recent contract update was exploited, leading to the loss of ERC-20 tokens. The team assured users that lost funds would b...
Recent Harmony Exploit Linked to Lazarus Group With Ties to North Korea
7 hours ago | 2 mins read Altcoin News The firm has offered a $1 million bounty for returning the stolen assets. Social engineering, the method used by the hacker, refers to earlier Lazarus attacks. H...
North Korean Hackers Reportedly Behind the $100 Million Harmony Exploit
The notorious North Korean hacking group – the Lazarus Group – is suspected to be the one that attacked the cryptocurrency protocol Harmony. The criminal organization has been involved in numerous sim...
North Korea’s Lazarus Group linked to $100M Harmony exploit
Notorious North Korean hacker group Lazarus is likely behind the recent exploit of Harmony horizon bridge, leading to the loss of $100 million, says Elliptics. In its report on the hack, the blockchai...
Axie Infinity Restarts Ronin Bridge Months After $625M Exploit
The March exploit affected Ronin validator nodes for Sky Mavis, the publisher of the popular Axie Infinity game, and the Axie DAO, with attackers stealing some 173,600 ether (ETH) and 25.5 million in ...