Digital asset algorithmic market maker Wintermute has been exploited for approximately $160 million in its decentralized finance operations, according to founder and CEO Evgeny Gaevoy. He added that ...
Tag: hack
TribeDAO Holds Vote to Repay Rari Capital Hack Victims for the Fourth Time
In the wake of yet another exploit back in May, which cost Rari Capital upwards of $80 million, members of TribeDAO – a DeFi megaDAO that has Rari Capital as a part of its ecosystem – have voted to re...
Wintermute reveals $160M hack in DeFi operations
HacCrypto market maker Wintermute’s CEO Evgeny Gaevoy revealed that the firm was hacked for $160 million in its DeFi operations. We’ve been hacked for about $160M in our defi operations. Cefi and OTC ...
Crypto Market Maker Wintermute Suffers $160 Million Hack
Digital asset algorithmic market maker Wintermute has been exploited for approximately $160 million in its DeFi operations. CeFi and OTC Operations are said to be unaffected. We’ve been hacked for abo...
Ethereum PoW Fork Suffers its First Smart Contract Hack
An attacker has raided ETHW from a smart contract on the Ethereum proof-of-work fork Cybersecurity researchers warn similar attacks could occur on other ETHW smart contracts ETHPoW (ETHW), the fledgli...
Uber Say It’s Responding To ‘Cybersecurity Incident’ After Alleged Hack Of Internal Databases
Topline Uber on Thursday said it was investigating a “cybersecurity incident” and has informed law enforcement after an alleged hacker claimed to have breached the company’s internal databases, a deve...
Crypto from Cream Finance Hack on Move
Alex Dovbnya Cream Finance has become subject of mockery after suffering frequent exploits Crypto obtained as a result of a flash loan attack on decentralized finance protocol Cream Finance is on the ...
Lesson learned? Sky Mavis teams up with Google Cloud to avoid another Ronin hack
While some are unable to recover from hacking incidents and have to throw in the towel, others are able to pick up the pieces, learn from their shortcomings and go at it for another round. In an anno...
Investigators Recover $30M in Stolen Crypto From Axie Infinity Hack
In brief More than $30 million worth of cryptocurrency stolen from Axie Infinity’s Ronin network has been recovered by investigators, Chainalysis said. Crypto in the March attack was valued at $552 mi...
Ronin Bridge Hack: U.S. seizes $30 million worth crypto assets
The United States seized $30 million worth of cryptocurrency stolen by North Korea-linked hackers. The news was released by blockchain data platform Chainalysis. In a recently published blog, Erin Pl...
Chainalysis Recovers $30M Linked to Axie Infinity’s Ronin Hack
Blockchain analysis company Chainalysis announced Thursday that it had recovered more than $30 million tied to Axie Infinity’s Ronin network hack, which made headlines in late March. Chainalysis Joins...
Chainalysis and Law Enforcement Seize $30,000,000 Worth of Crypto Stolen in Axie Infinity (AXS) Hack
A blockchain data platform company says about $30 million from the $600 million hack of Axie Infinity (AXS) in March is now in the hands of law enforcement. North Korean-linked hackers, known as the L...
Tornado Cash Involved in 2021 DAO Maker Crypto Hack? Know the Truth – Coinpedia – Fintech & Cryptocurreny News Media
According to PeckShield, $500,000 in Dai has been moved through Tornado Cash–a crypto mixer–indicating that it may be the source of stolen tokens from a decentralized finance (Defi) protocol. In simpl...
Law enforcement recovers $30 million from Ronin Bridge hack with the help of Chainalysis
On Thursday, blockchain forensics firm Chainalysis said that law enforcement had recovered $30 million in crypto stolen from the $625 million Ronin Bridge hack in March. According to Chainalysis, Laza...
Chainalysis and US law enforcement recover $30 million from Ronin exploit
Blockchain analytics firm Chainalysis and US law enforcement recovered $30 million in stolen crypto from the North Korea-linked hack on Ronin, the main blockchain for the web3 play-to-earn game Axie I...
$30M Recovered From Axie Infinity (AXS) Ronin Bridge Hack
The US Federal Bureau of Investigations and Blockchain analytics company Chainalysis have recouped $30 million embezzled in a crypto heist from the Ronin Bridge hack. The $30 million recovery of funds...
Chainalysis helps US government seize $30M linked to Axie Infinity hack
Chainalysis revealed that it helped the US government seize over $30 million from North Korea-linked hackers of the Axie Infinity’s (AXS) Ronin Bridge. 2/ With the help of law enforcement & leadin...
Law Enforcement Reclaims $30 Million From Axie Infinity Hack
The blockchain intelligence firm Chainalysis announced on Thursday that it has successfully assisted law enforcement in seizing $30 million in crypto stolen by North Korean hackers of the Lazarus grou...
Chainalysis Aids in Recovering $30M From Axie Infinity, Ronin Hack
Key Takeaways Chainalysis has helped to recover $30 million stolen in an attack on Ronin Network and Axie Infinity this year. Though $600 million was stolen, the recovered amount represents about 10% ...
DeFi Protocol New Free DAO Losses $1.2M in Flash Loan Hack
Another day, another DeFi hack. This time, the decentralized finance (DeFi) protocol New Free DAO is the victim of a flash loan attack, losing more than a million dollars worth of assets to the hacker...
Binance security team has identified two suspects in KyberSwap hack, CZ says
Binance’s CEO Changpeng Zhao (CZ) shared an update on the KyberSwap hack today, revealing that his firm’s security team had identified two suspects. “Binance security team has identi...
‘Big Brother’ Binance Helps Kyber Network Identify 2 Hackers Involved in Its Hack
Binance CEO Changpeng Zhao on September 3 revealed that the exchange has identified two suspects involved in the KyberSwap hack. Zhao tweeted that the Binance Security team had identified two suspects...
Binance Uncovers Two Suspects Tied to KyberSwap $265K Hack
Leading cryptocurrency exchange Binance has identified two suspects who may be responsible for the theft of $265,000 from decentralized exchange (DEX) protocol KyberSwap in an exploit earlier this wee...
Binance identifies KyberSwap hack suspects, involves law enforcement
Helping investigate a $265,000 hack on decentralized crypto exchange KyberSwap, crypto exchange Binance narrowed down two suspects that seem responsible for the attack. On Sept. 1, Kyber Network succ...
American Actor Bill Murray Losses $185,000 in NFT Hack
Hackers have drained around $185,000 in Ethereum cryptocurrency from Bill Murray’s Ethereum wallet. In July, Bill Murray, a famous American actor, and comedian launched an Ethereum NFT project featuri...
Kyber Network offers bounty following $265K hack of decentralized exchange
KyberSwap, the decentralized exchange built on liquidity protocol Kyber Network, has offered a hacker 15% of the funds from a $265,000 exploit as a bug bounty. In a Thursday blog post, Kyber Network s...
$80M Rari Capital Hack ‘Was The Domino’ That Led to DeFi Project Babylon Finance’s Demise
Babylon Finance is winding down, distributing the remaining treasury holdings, and its founder is sharing a few lessons about how the DeFi project went belly up. The Ethereum-based project was an act...
DeFi protocol shuts down months after the Rari Fuse hack
Decentralized finance (DeFi) protocol Babylon Finance has finally announced that it will shut down after months of trying to recover from the negative momentum caused by the Rari Fuse exploit. In a s...
Babylon Finance Announces Shut Down Due to Previous Hack
4 hours ago | 2 mins read Defi News Total value locked (TVL) in the protocol drops from $30M to $4M after the attack. The team plans to give away all of its remaining treasury assets. When it comes to...
DeFi protocol Kyber Network suffers frontend hack, loses $265K
Multi-chain DeFi protocol Kyber Network (KNC) revealed that it suffered an exploit on its frontend on Sept. 1, leading to a loss of $265,000 from two whale wallets. 1/ ❗️Notice of Exploit of KyberSwap...
Hack Hit Babylon Finance To Shut Down
Babylon Finance is the latest in line to discontinue its services, but the reason behind the asset manager’s demise is different from most. The asset management platform recently announced its planned...