A white hat hacker has returned over $7 million from the $14.5 million that was stolen in the Team Finance attack. A majority of the funds are being transferred to the affected projects. The hacker be...
Tag: Exploit
Crypto Hackers Strike DeFi Liquidity Locking Project With $14,500,000 Exploit
The liquidity locking project Team Finance says crypto hackers made off with $14.5 million in digital asset tokens. Team Finance says they temporarily paused activity on their platform while investiga...
Team Finance suffers an exploit of $14.5M
Team Finance, a crypto liquidity provider, unveiled on Thursday that they have suffered a loss of $14.5M through a smart contract bug in its system. It said in a tweet that they are exploited through ...
Crypto Vesting Platform Team Finance Loses $14.5M in Bug Exploit
With “Hacktober” ending in a few days, yet another crypto platform has been added to the list of crypto protocols that have lost millions of dollars worth of digital assets to hackers this month. Ear...
Team Finance loses $14.5M to smart contract bug exploit
Team Finance, a web3 infrastructure platform enabling businesses to secure tokens, suffered a hack that resulted in the loss of assets worth $14.5 million on Oct. 27, the firm tweeted. We have just be...
Changpeng Zhao Says Binance Zeroing In on Identity of Hacker Behind $570,000,000 Exploit
Binance CEO Changpeng Zhao says that the crypto exchange is making progress on identifying those responsible for the theft of Binance Coin (BNB) worth approximately $570 million in a cross-bridge expl...
After Mango Markets exploit, Compound pauses 4 tokens to protect against price manipulation
Decentralized lending protocol Compound has paused the supply of four tokens as lending collateral on its platform, aiming to protect users against potential attacks involving price manipulation, simi...
Binance Striving Hard To Grab the Hacker Behind Recent Exploit
Exchange News The attacker stole $570 million worth of cryptocurrency on October 6. Following the discovery of the breach, Binance Smart Chain was disabled. On Monday, Binance CEO Changpeng Zhao told ...
Quickswap to close lending market following $220K exploit
Decentralized exchange QuickSwap said that it will close its lending pool after Market XYZ was exploited in a flash loan attack. In the early hours of Oct. 24, blockchain security firm PeckShield flag...
Polygon-Based Decentralized Exchange Quickswap Loses $220K in Flash Loan Exploit – Defi Bitcoin News
On Monday, the Polygon-based decentralized exchange (dex) Quickswap lost $220K in a flash loan exploit and following the attack, the team detailed the Quickswap Lend platform will be terminated. Quick...
FTX Users Lose Millions due to API Exploit
On Saturday, several crypto traders suffered massive losses after hackers stole millions of dollars worth of digital assets from their FTX accounts by exploiting an API linked to their trading account...
FTX users lose millions to 3Commas API exploit
Inconsiderate crypto hackers persist during the crypto winter. The recent breach on FTX resulted in the loss of millions of dollars worth of crypto. Hackers gained access to a crypto trader’s FTX acco...
FTX Users Lose Millions to API Exploit
A crypto trader lost over a million dollars after hackers accessed his FTX account by exploiting an API connected to the trading account. Chinese crypto journalist Colin Wu first reported the incident...
Unsung hero saves DeFi protocol from potential exploit: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week. The last week’s headl...
OlympusDAO Suffer $300K Exploit, White Hat Hacker Returns All Funds
Users of OlympusDAO had a brief scare yesterday. After a hacker made off with 30,000 OHM tokens, equivalent to $300K, and then returned the funds. The hacker, appears to be a white hat. Took advantag...
DeFi Protocol Olympus DAO Hacked! Hackers Drained Over $300K Through Smart Contract Exploit
The crypto sector has brought massive returns since its inception, and it has become the first choice of investment option due to its futuristic vision and revenue potential. However, hackers also see...
White hat hacker returns $300k gained from OlympusDAO exploit
Blockchain security firm Peckshield said that a hacker who exploited 30,437 OHM tokens (worth roughly $300,000) from an Olympus DAO’s smart contract earlier today has returned the funds to the DAO in ...
Twitter user saves cross-chain bridge from potential exploit
A cross-chain bridge between BitBTC and the Ethereum layer-2 network Optimism has been able to avoid a potentially costly exploit thanks to the work of an eagle-eyed Twitter user. The custom cross-cha...
Ethereum Alarm Clock exploit leads to $260K in stolen gas fees so far
A bug in the smart contract code for the Ethereum Alarm Clock service has reportedly been exploited, with nearly $260,000 said to have been swiped from the protocol so far. The Ethereum Alarm Clock en...
How Twitter Helped Avert a Critical Exploit
This vulnerability was not in Optimism’s code, but rather in a custom bridge provided by BitBTC BitBTC’s custom bridge code did not acknowledge the specific layer-2 token being minted to the layer-1 a...
Suspected Ethereum Exploit Drains Wallet of 121 ETH in Gas Fees
Key Takeaways Today an Ethereum user spent a record 121.56 ETH (more than $158,000) in gas fees. The gas fees were pocketed by the validator that processed the transaction. Blockchain security company...
$8.4m Exploit Breached from DeFi Lending Protocol Moola Markets
Another exploit hits the crypto industry with roughly $8.4 million stolen from Moola Markets, a non-custodial liquidity and lending protocol built on the mobile-first Celo blockchain. According to Res...
Bitcoin SV targeted by an empty block mining exploit
Join Our Telegram channel to stay up to date on breaking news coverage The Bitcoin SV network has suffered from an empty block exploit. The network was attacked after a majority of hash power started ...
Hacker Drains $1M From BitKeep Wallet in Swap Feature Exploit
Crypto wallet provider BitKeep Wallet has become the latest victim of an endless wave of DeFi hacks this month. Blockchain security firm PeckShield first raised the alarm on Twitter late Monday, and B...
BNB Chain responds with next steps for cross-chain security after network exploit
BNB Chain, the native blockchain of Binance Coin (BNB) and the Binance crypto exchange, has been subject to security-related developments over the last month. On Thursday, Oct. 6 the network experienc...
Mango Markets Exploit Plot Revealed
Avraham Eisenberg, claiming to be part of the group that exploited Mango, said the way the protocol is designed left it vulnerable The Mango team says it is in the process of recouping a portion of th...
Solana-Based Crypto Trading Platform Mango Markets Primed To Cut Deal With Hacker Behind $100,000,000 Exploit
A Solana-based (SOL) crypto trading platform is ready to cut a deal with the hacker that allegedly stole millions of dollars from its network. According to a recent update, the hacker and the Mango Ma...
Cosmos, Osmosis to deploy patch on all major public IBC chains to fix potential exploit
Cosmos co-founder Ethan Buchman announced that a patch would be deployed on all major public Inter-Blockchain Communication (IBC)-enabled chains by tomorrow after they identified a vulnerability that ...
Cosmos Team Patches New Vulnerability Before Potential Exploit
The past couple of months have been rife with tales of exploited blockchain ecosystems, whether due to coding errors or disgruntled employees. After the most high-profile attack in recent months saw B...
BNB Smart Chain Initiates Hard Fork After $100 Million Exploit
BNB Smart Chain, the smart contract-enabled blockchain of Binance, the world’s largest crypto exchange, has announced that it has executed a hard fork to issue a critical security patch. The ha...
Cómo la manipulación de mercado llevó a un exploit de US$100 millones en el exchange DeFi de Solana Mango
En total, el perspicaz trader usó más de 10 millones de USDC para retirar más de US$116 millones desde Mango pagando comisiones mínimas y haciendo todo lo permitido dentro de los parámetros del diseño...