A hack has cost Poolz Finance around $390,000 on the Binance Smart Chain and Polygon, PeckShield spotted on Wednesday. The blockchain security company noted that the hack could have occurred due to an...
Tag: Exploits
This Crypto Security Firm Claims Blockchains Are At Risk Of Exploits
Cryptocurrency exploits have become one of the growing menaces against the advancement and adoption of digital assets. Over the years, the industry has suffered huge losses through several exploits on...
More than 280 blockchains at risk of ‘zero-day’ exploits, warns security firm
280 or more blockchain networks are estimated to be at risk of “zero-day” exploits that could put at least $25 billion worth of crypto at risk, according to cybersecurity firm Halborn. In a Mar. 13 bl...
DeFi Suffers $21M in Losses from Exploits
Decentralized finance (DeFi) platforms have suffered significant losses due to a series of exploits in February, with at least $21 million in crypto being drained from seven protocols, according to De...
Crypto Industry Continues to Experience Hacks and Exploits: Can Increased Security Measures Help?
The crypto industry has been plagued with hacks, fraud, scams, and rug pulls in the past year, with losses totaling approximately $4 billion in 2022 alone. The largest crypto hack of 2022 was the Axie...
DeFi project LaunchZone claims to be latest victim of BNB chain exploits
Decentralized finance (DeFi) protocol LaunchZone has claimed an attacker has drained 80% of funds in its liquidity pool, worth $700,000. LaunchZone claims to be “the ultimate DeFi platform.” The BNB C...
Oasis Exploits Its Own Wallet Software to Seize Crypto Stolen in Wormhole Hack
In a blog post, Oasis, which develops multi-signature wallet software that the hacker deposited funds into, said whitehats recently notified it of “a previously unknown vulnerability in the design of ...
Jump Crypto and Oasis.app ‘counter exploits’ Wormhole hacker for $225M
Web3 infrastructure firm Jump Crypto and decentralized finance (DeFi) platform Oasis.app have conducted a “counter exploit” on the Wormhole protocol hacker, with the duo clawing back $225 million of d...
Crypto exploits, diverse hacks, and billions of dollars stolen in 2022: Report
In 2022, cyber criminals stole over $2.8 billion in cryptocurrency. The largest hacking incident of 2023 was February 2023’s Oracle attack. As per a 13 February report by CoinGecko, in tandem with DeF...
DeFi exploits and access control hacks cost crypto investors billions in 2022: Report
Cyber criminals used a variety of novel ways to carry out hacks and exploits in 2022, with over $2.8 billion of cryptocurrency stolen last year. According to a report from CoinGecko using data sourced...
The Weekend Shift: Crypto, Exploits, AI
Welcome to the 104th Weekend Shift! What’s the deal? Over the weekend, we’ll update this post with some of the most interesting articles, podcasts, charts, and opinion pieces we’re too busy to write a...
Hacker Exploits BonqDAO Protocol of Over $120 Million
24 mins ago | 2 mins read Editors News $108M worth of BEUR tokens (98.65 million) and $11M worth of wrapped-ALBT stolen. BonqDAO said that it had temporarily halted the protocol. An estimated $120 mil...
Web3 Builders Reveals Suite of Tools to Combat DeFi exploits
Users of decentralised finance (DeFi) have expressed a significant amount of anxiety over the system’s vulnerability to exploitation. According to a research published by Privacy Affairs, cyberc...
Hacker Exploits BonqDAO in $120 Million AllinaceBlock Heist
Bad actors hacked BonqDAO to steal tokens worth nearly $120 million. Dumped tokens caused ALBT and BEUR to drop by over 50% and 34%, respectively. AllianceBlock promises to compensate users while reas...
ZenGo proposes solution to tackle offline signature exploits with EIP-6384
ZenGo, a crypto security and wallet provider, has introduced a solution to tackle the rising problem of offline signature exploits. Such exploits have led to attackers deceiving users into signing har...
Breaking down stats as crypto witnesses 93% YoY decline on exploits
According to research, cryptocurrency hacks caused $8.8 million in damages in January. When compared to the $121.4 million in exploitable losses in January 2022, January’s data indicated a 92.7% drop....
LayerZero CEO denies accusations of critical trusted third-party vulnerabilities
LayerZero CEO Bryan Pellegrino denied accusations that LayerZero — in connection with its Stargate bridge — has two critical trusted third-party vulnerabilities. “It’s 100% factually incor...
Bad Actors Could Continue Exploits In 2023, Security Firm Advises On Private Keys ⋆ ZyCrypto
Advertisement     Cybersecurity firm CertiK warns that malicious actors may continue to exploit decentralized applications in 2023. The firm has also cautioned users ...
Why Smart Contract Exploits Should Not Discourage DeFi Adoption? – Cryptopolitan
Blockchain technology, and specifically decentralized finance (DeFi) built on top of it, is rapidly revolutionizing the financial industry. Funds lost in smart contract exploits in 2020: $215M Funds l...
December DeFi exploits were the lowest in 2022: 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 end of 2022 saw t...
No ‘respite’ for exploits, flash loans or exit scams in 2023: Cybersecurity firm
The new year is a fresh start for malicious actors in the crypto space and 2023 won’t likely see a slowdown in scams, exploits and hacks, according to CertiK. The blockchain security company told Coin...
Crypto Incidents Involving Exit Scams, Hacks, and Code Exploits Reach Record Low in December 2022 According to Certik – Bitcoin News
According to blockchain security company Certik, the number of cryptocurrency incidents involving exit scams, hacks, and code exploits in Dec. 2022 was the lowest monthly figure of the year. Certik no...
DeFi sees exploits and exit scam drama in the last week of 2022: 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. For DeFi, the last we...
The 10 largest crypto hacks and exploits in 2022 saw $2.1B stolen
It’s been a turbulent year for the cryptocurrency industry — market prices have taken a huge dip, crypto giants have collapsed and billions have been stolen in crypto exploits and hacks. It was ...
From FTX to the Merge, 2022’s defining moments
2022 was defining for crypto, albeit not in a good way. Greed and exuberance took hold only to unravel in spectacular fashion. The year started with attention on the timing of The Merge, which b...
Are White Hat hackers the answer to growing exploits in the crypto market
Immunefi has given more than $65 million to white hat hackers in 2022 Smart contract bugs accounted for a majority of payouts Since its establishment in 2020, Immunefi, a prominent site for bug bounti...
Top DeFi hacks and exploits of 2022
The collapse of centralized crypto firms became the biggest news stories in 2022, with Celsius and FTX dominating mainstream coverage. CeFi also experienced its share of hacks, such as exchanges Crypt...
Hacker Exploits Solana-Based Project Raydium for Over $4,300,000 As the Protocol’s Native Token Slumps
A hacker just exploited the Solana (SOL)-based automated market maker (AMM) Raydium (RAY) for more than $4.3 million in crypto. Raydium first acknowledged the hack on Twitter on Friday morning. “An ex...
The scam that exploits Bitcoin and PayPal Invoice
PayPal Invoice is a service from the well-known payment gateway that allows people to create and send pro-forma invoices directly from their account: this time it was used to pull off yet another Bitc...
Hacker Exploits BNB Chain-Based DeFi Protocol Ankr
Alex Dovbnya Ankr has become the latest decentralized finance protocol to suffer an exploit Ankr, a decentralized finance protocol that is based on BNB Chain, has been exploited, according to a Friday...
Attackers pocket $20 million in exploits on Ankr and Helio
A series of connected attacks ended up costing infrastructure provider Ankr and stablecoin issuer Helio Protocol a total of $20 million, according to on-chain analysis by security firm BlockSec. ...