Key Takeaways On Sunday, Polkadot’s DeFi Hub Acala Network suffered an exploit that saw its native over-collateralized stablecoin aUSD plummet to zero. The exploit was due to a “misconfigu...
Tag: Exploit
Network and token freeze after Acala exploit raises questions
The Acala Network’s aUSD stablecoin depegged by over 99% over the weekend and forced the Acala team to pause a hacker’s wallet, raising concerns about its claim of being decentralized. On Aug. 14, a h...
Over 1.2 Billion aUSD Minted in an Exploit of Polkadot’s DeFi Hub Acala
Polkadot’s decentralized finance (DeFi) hub Acala suffered a major attack on its newly launched liquidity pool on Sunday. The exploit allowed the hacker to mint more than 1.2 billion aUSD, the project...
Polkadot’s Native Stablecoin aUSD Depegs Following Exploit ⋆ ZyCrypto
Advertisement     Attackers have struck the markets again; this time, the Acala network is on the receiving end. A few hours ago, reports broke out that the Acala doll...
BlueBenx Reportedly Stops Withdrawals Amid $32M Exploit
3 seconds ago | 2 mins read Exchange News The bulk of employees were supposedly let go following the exploit. Numerous crypto platforms have claimed similar circumstances in the past. After a hacker a...
Curve Finance’s [CRV] condition after a $450,000 exploit recovery
Curve Finance [CRV], the on-chain liquidity exchange, was attacked in what was termed a “DNS cache poisoning” on 9 August. This exploit capitulated CRV as the price plunged from $1.48 on 8 August to $...
Binance Recovers Around $450k From Stolen $570K Curve Finance Exploit
The majority of the stolen Curve money was frozen and recovered by Binance, founder Changpeng Zhao confirmed in a tweet on August 12. CZ stated that $450,000 constitute over 83% of the hack, and was f...
Curve Finance DNS exploit resolved
Over $530k was stolen from Curve Finance Tuesday after a hacker was able to take control of the nameserver to reroute the DNS to a malicious server. The front end of the Curve website was cloned to tr...
Curve Finance resolves site exploit, directs users to revoke any recent contracts
On Tuesday, automated market maker Curve Finance took to Twitter to warn users of an exploit on its site. The team behind the protocol noted that the issue, which appeared to be an attack from a malic...
Curve Finance Gives Update After $570,000 Worth of Ethereum (ETH) Goes Missing in Suspected Exploit
Curve Finance says that an issue with their website has been fixed and reverted after $570,000 in Ethereum (ETH) went missing. The decentralized exchange and automated market maker (AMM) first warned...
Curve Finance Resolves Front-End Exploit After $570K Stolen
Curve Finance was the victim of a front-end exploit caused by a DNS issue. It has since resolved the exploit, and FixedFloat has frozen 112 Ethereum worth of stolen funds. The Curve team believed a gl...
Crypto Bridge Nomad Recovers $22 Million Following $190 Million Exploit – crypto.news
Crypto bridge Nomad has managed to recover more than $22.4 million of the total $190 million worth of Ethereum and Ethereum-based tokens stolen earlier this week. Nomad Recovers $22M of $190M Exploit ...
Beanstalk stablecoin relaunches four months after $182 million exploit
The team behind the Beanstalk stablecoin has relaunched the project nearly four months after it lost $182 million in an exploit. The network was due to “unpause” at 12 p.m. ET today, according to a st...
SOL Loses $40 After The Exploit – What’s The Next Support?
Solana’s price is unstable following an exploit by hackers draining funds with the use of external applications. Around 8,000 wallets were hacked from Phantom and Solana, with roughly $8 million stole...
Bitcoin at a Decision Point, Solana-Based Wallets Exploit, and the Nomad Fiasco: This Week’s Crypto Recap
The past seven days failed to bring positive developments, at least in terms of pricing, as the total cryptocurrency market capitalization dropped by around $35 billion. This comes on the back of BTC ...
Solana Hack Blamed on Slope Mobile Wallet Exploit
In brief The large-scale Solana wallet hack, which started on Tuesday night, is believed to be tied to the Slope mobile wallet app. Solana’s developers believe that private key details for affected wa...
Exploit Allegedly Tied To A Slope Finance Bug; Slope Reacts
Pandemonium spread within the crypto community from the early hours of August 3 till the close of the day, due to the multimillion dollar hack that drained over $6 million from most Solana users’ wall...
Solana Labs responds to wallet exploit, says there’s no evidence network is to blame
UPDATE (12 a.m. EST): A spokesperson for Solana Labs said that ongoing investigations into the breach currently indicate that there is “no evidence” that Solana’s network is at fault...
Exploring ‘Slope’ factor in Solana exploit with Nomad update
Solana was the victim of a $6 million heist that cleared out over 8,000 wallets in the early hours of 3 August. The exploit happened the day after the cross-chain bridge, Nomad, was lost to another ha...
Solana’s Investigation Indicates Wallet Exploit Tied to Slope Mobile App – Altcoins Bitcoin News
Following the Solana wallet attack, the Solana Status team updated the public and detailed that the wallet addresses affected by the breach were tied to Slope mobile wallet applications. The team furt...
FTX CEO Sam Bankman Fried Praises Solana Amid Recent Exploit
2 hours ago | 2 mins read Altcoin News Solana has been able to solve two-thirds of its technical challenges as per the CEO. He expressed his confidence that it would pass the remaining one-third of th...
Solana Wallet Exploit Cleans Out Millions in Seconds
The Solana ecosystem is in the middle of a security emergency as over 7000 wallets were drained by and ongoing hack, and the figure seems to be rising. Cointelegraph reported on Tuesday that an ongoin...
White Hat Hackers Return $9M Following $200M Nomad Bridge Exploit
According to a PeckShield report, white hat hackers have returned around $9 million of stolen Nomad bridge crypto tokens, a day after its $200 million exploit. Be[In]Crypto had reported that the attac...
FTX Chief Sam Bankman-Fried Backs Solana (SOL) A Day After Major Exploit, Here’s Why
A day after Solana faced a major exploit, FTX chief Sam Bankman-Fried came out supporting the SOL cryptocurrency. During his recent interview with the Fortune publication, SBF said that Solana is the ...
Nomad reportedly ignored security vulnerability that led to $190M exploit
The Nomad token bridge hack on Aug. 3 was the fourth largest crypto hack in history, seeing nearly $200 million worth of crypto assets drained from the platform. However, more than the hack, the metho...
Solana Exploit Tied To Slope Wallet As Community Assured That Blockchain Remains Uncompromised
– Advertisement – Developers say the Slope wallet is the common denominator in the latest exploit. Solana Status, in a tweet on Wednesday, reveals that all affected wallets in the exploi...
Solana’s $6M Exploit Likely Tied to Slope Wallet, Developers Say
In a statement, Slope developers said “a cohort” of wallets was compromised, but the developers didn’t confirm whether the private key storage practices may have been involved. A Slo...
Solana Suffers Exploit — Close to 8,000 SOL-Based Wallets Have Been Compromised – Altcoins Bitcoin News
The Solana smart contract project is suffering from issues once again after it was discovered that close to 8,000 Solana-based wallets have been compromised. Solana is asking victimized wallet owners ...
SOL price dips as Solana exploit impacts over 7,000 wallets
Solana (SOL/USD) price dropped on Wednesday morning as an exploit on the Layer 1 network saw a staggering 7,767 wallets impacted. As the attack, which was first flagged on Tuesday, spilled into Wednes...
Scalability, Speed Or Security? Nearly 8000 Wallets Drained In Solana Ecosystem Exploit
– Advertisement – Do we need more Scalability, Speed rather than Security as the Solana Ecosystem is under attack again? In a tweet earlier today, Magic Eden confirmed that there is an e...
Almost 8,000 Solana Wallets Drained in Suspected “Supply Chain” Exploit
Share this article At least 7,767 Solana wallets have been affected. Hackers Target Solana Users Hackers have drained thousands of Solana wallets in an ongoing attack. Engineers from multiple ecosy...