Yesterday, beginning at 18:24 UTC, someone or something exploited a security vulnerability on Wormhole, a tool that allows users to swap assets between Ethereum and a number of blockchains, resulting ...
Tag: Exploit
Wormhole replenishes its blockchain bridge after $325 million exploit
UPDATE: (10:30 am ET): Two sources with knowledge of the process tell The Block that Jump provided the funding to replenish Wormhole’s reserves. This is a developing story and will be updated wi...
Solana’s Wormhole Bridge Says 120K ETH is Restored Following the Exploit
Wormhole Bridge is back up with developers claiming that all funds are restored following the $320 million hack. Wormhole, a cross-chain bridge from Solana to other networks, suffered a major breach o...
DeFi’s second-largest exploit costs cross-chain network Wormhole over $326M
While 2021 was inarguably the year of DeFi hacks, 2022 is fast catching up to its predecessor. Although January witnessed its fair share of crypto-crime, February may soon put it in its shadow. Especi...
Solana’s SOL Tumbles 10% After $326M Wormhole Exploit
DeFi applications use smart contracts to provide financial services, such as trading, lending, and borrowing, to users. Concerns loomed among traders and developers after the exploit. “If nobody...
Blockchain Bridge Wormhole Suffers Possible Exploit Worth Over $326M
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set ...
Clever NFT traders exploit crypto’s unregulated landscape by wash trading on LooksRare
LooksRare made its debut on Jan.10 and the recently launched NFT marketplace has drawn a lot of attention, not only because its daily trade volumes were more than double Opensea’s on the second day of...
OpenSea Compensates Affected Users with Over $1.8 Million Following Exploit
In light of mounting criticism and complaints from the crypto community, one of the largest NFT marketplaces, OpenSea, has reimbursed about $1.8 million to users who were affected by the recent hack o...
Hacker Siphons $80 Million From Qubit Cross-Chain Bridge, Largest Defi Exploit of 2022 to Date – Bitcoin News
Findings stemming from a recent report published by the security-focused blockchain firm Certik indicate that the Binance smart chain ↔ Ethereum bridge called Qubit has been hacked for $80 million. Da...
OpenSea Vulnerability Leads to Exploit of Numerous NFTs, Hacker Makes 150 ETH
Arman Shirinyan Another user takes advantage of a vulnerability on the platform Contents Digital robbery Two vulnerabilities in one week Another exploit on the biggest Ethereum NFT marketplace appears...
Qubit Finance losses $80M in latest DeFi exploit
TL:DR Breakdown: About $80 million in crypto assets were stolen from Qubit Finance’s bridge. The hacker exploited an error in the protocol’s code to mint and borrow assets with zero funds deposited. A...
As users gather information about alleged vulnerability exploit, OpenSea stays silent
A reported vulnerability on the NFT Marketplace OpenSea means a user may have made profits in the hundreds of Ether. Here’s what you need to know. Don’t ape this PeckShield Alert shared the details of...
Buy Lam Research To Exploit Lingering Chip Shortage
JIASHAN, CHINA – MAY 25: Employees work on the production line of silicon wafer at a factory in … [+] Jiashan County, Jiaxing City, Zhejiang Province of China. (Photo by Guo Junfeng/VCG vi...
Grey Hat Hacker Agrees To Return 80% Of Funds Stolen In Multichain Exploit
Cross-chain DeFi platform Multichain has been the latest in what is now a long line of DeFi protocols being exploited. This time around, the attackers were able to steal user funds from the platform b...
Airdrop Mania Sees Latest Airdrop Rug Pull on Buyers Through Smart Contract Exploit
As reported by @cat5749, a scam surfaced on Dec. 31, 2021 to reward $YEAR tokens to ETH transactions based on the contents of their Metamask wallet. Investors in a new cryptocurrency called $YEAR were...