On September 3, 2022, ShadowFi noted the attack on its Twitter account. The attack caused exploitation that costs around $300,000. ShadowFi, a decentralized financial payment network, reported an atta...
Tag: Exploit
Babylon Finance to Shut Up Shop After Rari Exploit Holes it Below the Water Line
Join Our Telegram channel to stay up to date on breaking news coverage Recently, Ramon Recuero, founder of Babylon Finance made it official, through his Medium blog post, that the DeFi platform will e...
Hackers Exploit Bill Murray’s Wallet to Steal $185K in ETH Intended for Charity
Famous American actor and comedian Bill Murray has become the latest victim of hackers, losing $185,000 worth of Ether (ETH) just a few hours after closing his non-fungible token (NFT) charity auction...
NFT Signals Joins Hands With Xchange Monster to Exploit Synergies
Join Our Telegram channel to stay up to date on breaking news coverage NFT Signals is definitely on a roll these days. From garnering massive profits for its users to associating with some game change...
Binance Helps Narrow Down Two Suspects of Kyberswap Exploit
Exchange News The Intel had been sent to the Kyber team as confirmed by CZ. Kyberswap announced a bounty of 10% to the hacker. Crypto exchange Binance has helped investigate a $265,000 breach on decen...
Kyber Network Offered 15% of Bounty to Hacker Amid $265K Exploit
Hackers have yet again targeted decentralized finance KyberSwap. The decentralized finance company witnessed a hack of 265,000 USD on September 1st, 2022. KyberSwap was able to stop the hack in two ho...
Kyber network revealed 225M exploit, promises to refund
The vulnerability in the company’s website code permitted hackers to exploit it. The hackers took away almost $265,000K. Kyber, a blockchain-based liquidity hub, found a vulnerability to the company’s...
DeFi Exchange KyberSwap Suffers $265,000 Frontend Exploit
After the Curve Finance exploit last month, the decentralized exchange (DEX) KyberSwap joins the list of DeFi projects to suffer a front-end exploit. On Friday, the Kyber Network, the liquidity protoc...
KyberSwap Hit by Frontend Exploit Losing Over $265,000
10 seconds ago | 2 mins read Defi News Websites often use GTM scripts to collect and record information about their visitors. Before the patch, the hacker made four transactions totaling $265,000 wort...
Coinbase users in Georgia exploit buggy FX to bag 100x profit
Earlier today, crypto traders from Georgia were reported to have exploited an erroneous price feed on the Coinbase exchange, which enabled them to withdraw their holdings at a 100x increase. The total...
DeFi Liquidity Hub Suffers Frontend Exploit
Kyber Network, the multi-chain DeFi liquidity hub has suffered an exploit, the team has announced. According to the announcement, Kyber Network noticed a suspicious element on their front end and has...
Explained: How KyberSwap’s frontend exploit neutralized with only a loss of $256K
DeFi exploits have become common and are one of the leading reasons for the bearishness in the crypto market. A recent incident happened with KyberSwap, a multi-chain DEX, whose frontend was compromis...
Multi-Chain DEX KyberSwap Loses $265k In Latest DeFi Exploit
– Advertisement – KyberSwap front-end compromised in $265k exploit. Kyber Network, a decentralized finance (DeFi) liquidity hub behind the multi-chain decentralized exchange (DEX) KyberS...
Hacker Tries To Exploit Bridge Protocol
The hackers, however, fail miserably The majority of the DeFi tokens in the top 100 had a mixed week Several tokens traded in red and suffered a loss This previous week, there were a few significant i...
Hacker tries to exploit bridge protocol, fails miserably: 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. This past week, there...
Wallet Involved in Nomad Exploit Moves $7.5M to Unknown Address
One of the wallets involved in the Nomad bridge exploit has moved a significant amount of assets today and not to the official Nomad recovery wallet. The exploiter transferred around $7.5 million wort...
Hacker Tries to Exploit NEAR Rainbow Bridge, Ends up Losing 5 ETH – crypto.news
The Rainbow Bridge hack over the weekend resulted in funds being restored to users in 31 seconds with no harm done, although the attacker lost 5 Ethereum in the process. Hacker Loses 5 ETH in Failed A...
Hacker Loses 5 Ether In A Failed Exploit On Near Protocol’s Rainbow Bridge ⋆ ZyCrypto
Advertisement     Crypto bridges have become a hot target for nefarious actors. However, not all malicious attackers make away with millions in stolen digital assets. ...
Hacker tries to exploit bridge protocol, fails miserably
Cross-chain bridges have increasingly become targeted by malicious entities. However, not all hackers can run away with millions in their exploit attempts. Some end up losing money from their own wall...
Near Protocol’s Rainbow Bridge Successfully Defies Exploit
In only 31 seconds, the hackers lost their 5 Ethereum investment. No funds were compromised despite the hacking effort. Over the weekend, there was yet another effort to break into the Rainbow Bridge ...
Hackers exploit a zero-day bug on the General Bytes server to steal funds
General Bytes, the manufacturer of Bitcoin ATM, revealed that its servers were compromised through a zero-day attack on August 18. The attack allowed the threat actors to be the default admins while t...
Hackers Target Bitcoin ATMs Using Zero Day Exploit
30 mins ago | 2 mins read Bitcoin News The corporation has urged ATM operators to update their software immediately. The CAS admin interface should be accessible only from trusted IP addresses. On Thu...
Hackers exploit zero day bug to steal from General Bytes Bitcoin ATMs
Bitcoin ATM manufacturer General Bytes had its servers compromised via a zero-day attack on Aug. 18, which enabled the hackers to make themselves the default admins and modify settings so that all fun...
After the Exploit and Burn Repair, Acala Almost Reached Its Original Peg of 1:1
The Acala Dollar (aUSD), Polkadot’s native decentralized stablecoin, hit a new low of $0.0054 on August 14 and lost its $1 peg. Acala Network had previously observed a suspicious transaction. Hackers ...
Acala recovers 2.97 billion of aUSD stablecoin minted during exploit
Acala, a parachain project on Polkadot, says it has recovered about 2.97 billion from 16 addresses that minted 3 billion Acala USD (aUSD) in a security incident last Sunday. The incident occurred due ...
Celer Network cBridge resumes operation after suffering DNS exploit
Celer Network has confirmed the cBridge frontend is up and running after halting its activities following a DNS poisoning attack on August 17 that stole $240,000 of users’ funds. Celer earlier notifie...
Acala burns 99% of aUSD involved in mint exploit
Acala has successfully burnt 1.288 billion aUSD reportedly lost to hackers during the Sunday exploit. Following the mint error on the horizon protocol, the community unanimously approved a referendum ...
Hacker Prints 1.2B AUSD On Acala Network, AUSD Depegs After The Exploit – crypto.news
This year has been rough for stablecoins as several stablecoins have depegged from the USD. On August 14th, the AUSD (Polkadot-based stablecoin) of Acala Network dropped below $1. Reports revealed tha...
Acala Exploit Causes Polkadot-Based DeFi Platform’s Stablecoin to Drop 99%
The list of not-so-stable stablecoins has a new addition, as Polkadot-based decentralized finance (DeFi) platform Acala saw its aUSD stablecoin crash by 99% after hackers exploited a bug in its liquid...
Algorithmic Stablecoin Beanstalk Is Wild Again On Its First Anniversary Months After $182M Exploit
Stablecoins didn’t have quite a good year so far. The dramatic collapse of Terra, a popular stablecoin, triggered a destructive crypto crash. Flagship currencies, Bitcoin and Ethereum, suffered great ...
Acala Community Debating Massive Token Burn to Recover From Exploit
Key Takeaways The Acala community has proposed carrying out a coin burn to help aUSD regain parity with the dollar. After a referendum vote, the project could burn 1.3 billion aUSD by sending it to th...
Acala submits governance proposal to burn $1.28B aUSD following investigation of exploit
Polkadot ecosystem’s stablecoin Acala ($aUSD) suffered an exploit over the weekend that led to a malicious actor minting $1.2 billion out of thin air. The Acala team “paused” operations via an emergen...