Last month was quite spooky for the crypto industry as it saw the highest number of DeFi hacks this year. While October was expected to be “Uptober,” it quickly turned to “Hacktober” as cyber crimina...
Tag: Exploits
Hackers have stolen $2.98B via exploits in the crypto industry so far
The cryptocurrency space has lost nearly $2.98 billion to DeFi hacks this year — almost double the $1.55 billion lost in 2021, according to a recent report by blockchain security firm PeckShield. #Pec...
FriesDAO Loses $2.3 Million As Spate Of Exploits Continue
October has not been a favorable month for the crypto space when it comes to security. The latest incident saw hackers drain $2.3 million from FriesDAO, as per cybersecurity firm CertiK. The attacker...
Half of all DeFi exploits are cross-bridge hacks
According to a new report by crypto data aggregator Token Terminal, approximately 50% of exploits in decentralized finance, or DeFi, occur on cross-chain bridges. In two years’ time, more than $...
October Already Record Month for Hacks and Exploits
Hackers have grossed $718 million so far during October, Chainalysis says At least four known exploits targeted DeFi protocols on Oct. 11 alone The culprit behind the $112 million siphoned from Mango ...
Uptober Turns to Hacktober as Crypto Exploits Skyrocket
With data pointing to a potentially bullish month for Bitcoin, speculators are calling it “Uptober.” After September’s “Rektember,” investors typically look forward to October, which has historically ...
Hacker Exploits $21M Vulnerability in Transit Swap
Decentralized exchange aggregator Transit Swap lost $21 million to an exploit after a hacker took advantage of an internal fault in its swap contract. The multi-chain DEX announced this on Twitter whi...
Hacker Exploits Profanity’s Vanity Address to Steal $950 in ETH – crypto.news
Barely one week after the Wintermute hack, $950,000 in Ether (ETH) has been stolen from a crypto wallet through a “vanity address” exploit, according to reports on September 26, 2022. Profanity-Genera...
Hacker steals $950,000 from crypto vanity address as exploits continue
A hacker has stolen $950,000 in ether from a crypto wallet via the same vanity address exploit linked to an attack on trading firm Wintermute last week. The hacker stole 732 ETH on Sept. 25 and sent i...
Rollups Post-Merge and Arbitrum Exploits
September 23, 2022, 1:40PM EDT • 5 min read Quick Take In this bi-weekly series, we look into some of the most interesting data and developments across the Layer 2 blockchain landscape, from DeFi and ...
Crypto trader exploits GMX, manipulates AVAX price to remove $565K
A crypto trader on GMX exchange leveraged the zero slippage feature to extract over $565,000 in profit by manipulating the price of the AVAX token. GMX is a decentralized exchange that allows users to...
Top 4 Biggest Exploits in August and How They Got Access
Hack life: Unfortunately, hacks have become such a common occurrence that they are considered a part of everyday life. So much that we now compile monthly overviews of them. According to one of the mo...
Saylor gets sued, FBI warns about DeFi exploits, and Crypto.com drops $495M sponsorship: Hodler’s Digest, Aug. 28
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, pr...
FBI issues recommendations for DeFi investors amid exploits
The US Federal Bureau of Investigation (FBI) is encouraging investors in decentralized finance (DeFi) protocols to seek platforms that have undergone code audits in light of an uptick in criminals exp...
Research Finds Smart Contract Exploits Hardest to Eliminate as FBI Raises Warning
In a recent research report, Token Terminal finds that there are three root causes of DeFi exploits, and removing smart contract vulnerabilities is by far the most challenging of the three. Since inte...
FBI Warns About Decentralized Finance Exploits and the Losses Associated With Them – Bitcoin News
The United States Federal Bureau of Investigation (FBI) has issued a public service announcement about exploits attackers have recently used to steal cryptocurrency from investors that put money on de...
FBI Issues Warning Over DeFi Exploits, Open Source Development
The FBI has detailed various DeFi hacks and exploits faced by the cryptocurrency industry over the past year Due diligence has been urged to ensure investors understand protocols and verify code audit...
FBI issues alert over cybercriminal exploits targeting DeFi
The United States Federal Bureau of Investigation (FBI) has issued a fresh warning for investors in decentralized finance (DeFi) platforms, which have been targeted with $1.6 billion in exploits in 20...
Curve Finance resolves site exploits, directs users to revoke recent contracts: 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, cross...
Solana and Nomad bridge fall prey to exploits losing millions
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, the D...
Here’s How Nomad Bridge Lost $190M In Another High-Profile Crypto Exploits
On August 2, Nomad bridge hinted that it was aware of the on-going exploit. Hours later came the news that the complete protocol’s funds of over $190 Million were washed off. For the uninitiated, Noma...
Q2 2022 Web3 Security Report: 48 Major Exploits, $718.34M Lost
In the second quarter of 2022, 48 major attacks were monitored in the Web3 space, with total losses of approximately $718.34 million, down approximately 40 percent from $1.2 billion in the first quart...
DeFi Exploits Top $1.8B YTD, Though Security ‘Getting Better’ Immunefi Says
DeFi hacks totaled more than $1.2 billion for the first quarter of this year alone, significantly more than Q1 2021, according to recent data While the DeFi sector’s security appears bleak, Immunefi’s...
Crypto Exploits Hit $670M Q2 2022: ImmuneFi Report
Key Takeaways A new report from ImmuneFi claims that crypto protocols lost over $670 million in Q2 2022. The number of hacks came in at double the previous quarter, but the total funds lost saw a decr...
DeFi Protocol Exploits Presenting Opportunities for DeFi Insurance ⋆ ZyCrypto
Advertisement     The interest in Decentralized Finance (DeFi) over the past two to three years has made it one of the fastest-growing areas in the decentralized web e...
DeFi insurance is coming to Solana to protect users against exploits
CryptoSlate spoke to the founder of Amulet Protocol, Rupert Barksfield, about launching the first DeFi Insurance platform on Solana. Watch the video below to find out whether Amulet will be offering i...
Hacker Exploits ApolloX Exchange; Here’s What Led to the Loss of 53 million APX Tokens
Decentralized crypto exchange ApolloX was reportedly exploited on June 8, as the platform stated that the hacker found a flaw in the platform’s Trading Rewards Contract. The incident came to light whe...
Co-founder of BAYC blames Discord over user exploits
Gordon Goner, the Bored Ape Yacht Club NFT collection co-founder, has attacked Discord after the servers were exploited. During this exploitation, non-fungible tokens valued at 200 ETH were stolen fro...
Beeple Twitter Exploits Sees Hackers Drain Over 200 ETH
Digital artist Mike Winkleman, better known as Beeple, has become the latest victim of a phishing attack after his Twitter account was hacked. Scammers shared a link to a website that purported to be ...
DeFi Sees $1.57B In Exploits And Already Exceeds 2021 Record
Per a report from blockchain security firm Peck Shield, the DeFi sector has been under attack with a profitable season for bad actors. The total amount extracted from different crypto projects has alr...
DeFi Exploits Continue to Plague Industry as Saddle Finance Hack Sees $10M Stolen
Saddle Finance, a decentralized finance protocol, has suffered a $10 million hack, according to blockchain security and data analytics company PeckShield. The exploit happened within a bunch of transa...
$1.3 Billion in Crypto Stolen in Q1 2022, 97% Stemmed From Defi Exploits – Defi Bitcoin News
According to a research report, $1.3 billion in digital currencies have been stolen during the first quarter of 2022. The study, published by cryptomonday.de researchers, further highlights that 97% o...