The Federal Bureau of Investigation has issued a global alert warning Investors about the planned scams intending to steal users’ funds, including risks involved while using decentralized finance plat...
Tag: Hacks
‘Hacks’ And ‘I Love That For You’ Blast Gendered Age Gaps Onscreen And In Fictional Workplace
(L-R) Molly Shannon, Vanessa Bayer and Jenifer Lewis star in Showtime’s “I Love That For You.” April … [+] 2022 premier, West Hollywood, CA (Photo by Leon Bennett/FilmMagic). F...
Rainbow Bridge of NEAR Protocol Protects From Two Potential Hacks
Aurora Lab blocks two potential cross-bridge hacks this year. Hackers lose five Ethereum while trying to hack NEAR protocol’s Rainbow Bridge. The automated security process blocks the fabricated trans...
Teenage Hacker Who Stole $35 Million Behind Beeple and Other Hacks?
According to what seems like a mix of investigative work and conspiracy theories, a Twitter user has figured out the prime culprit behind recent attacks on Beeple and other prominent NFT artists. A Tw...
Here’s how Near Protocol avoided two hacks in a matter of months
Digital exploits have become a common theme in the crypto industry. At the same time, it has become increasingly rare for protocols to deceive hackers. In a matter of months, Aurora Labs has been able...
Crypto security experts raking in $430K salaries amid spike in hacks
The rise of crypto hacks over 2022 has skyrocketed demand for blockchain security experts, with some auditors making upwards of $430,000 per year. Speaking with Cointelegraph, blockchain recruitment f...
Hacker stole from clients making deposits on Bitcoin ATMs
A hacker stole crypto funds from customers making deposits at General Bytes Bitcoin ATM machines, according to an advisory published this week. The hacker modified the crypto settings of two-way machi...
Chainalysis midyear report shows scams are down, but hacks are up
Fewer people than ever are falling prey to crypto scams, while hacks and stolen funds are trending upwards, new data show. Crypto analytics firm Chainalysis released its midyear report yesterday, show...
Hacks Surge While Scams Decline
According to data reported by blockchain analysis firm Chainanalysis, losses arising from cryptocurrency hacks have surged 60% from January to July, while crypto scams witnessed a sharp 65% decline ov...
Chainalysis: Almost $2 Billion Have Gone To Crypto Hacks This Year
According to a report published on Tuesday by blockchain analysis company Chainalysis, a remarkable $1.9 billion worth of bitcoin was stolen in hacks of various services in the first seven months of t...
DeFi Responsible for 60% Rise in Crypto Hacks, Says Chainalysis
A surge in stolen funds from decentralized finance (DeFi) protocols has sent losses from cryptocurrency hacks soaring nearly 60% in the first seven months of the year. Between January and July 2022, s...
Biggest hacks of this week – 15th August
BlueBenx claims to have lost $32 million due to exchange’s hack @web3isgreat, Brazilian crypto investment firm blocks withdrawals after claiming to have lost R$ 160 million (about US$ 32 million...
As DeFi Hacks Soar, This Startup Wants To Rad…
Over the past couple of years, hundreds of new decentralized finance applications and protocols have flooded onto the Ethereum network and other blockchains. In November 2021, the total value locked i...
North Korea is using crypto hacks to fund nuc…
The US is becoming increasingly worried that North Korean hackers are helping to fund their country’s nuclear weapons program. A UN report found that North Korean hackers stole more than $50 million i...
Around $2 Billion was Stolen in Cross-Chain Bridge Hacks in 2022; Half of the Funds Went to North Koreans
Aug 09, 2022 at 11:39 // News Cross-chain bridge transactions are considered to be the weakest point of blockchain. This flow cost users about $2 billion in the first half of 2022. According to ...
Nomad, Slope Hacks Create New Annoyance for Their Shared Backer Circle Internet Financial
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Cross-Chain Crypto Bridge Hacks Hit $2 Billion: Chainalysis
Blockchain sleuths Chainalysis estimates that more than two-thirds of all stolen funds across the crypto space have come from cross-chain bridge hacks this year. These sorts of attacks refer to explo...
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...
Chainalysis Estimates $2B Stolen From Cross-Chain Bridge Hacks This Year
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the futur...
Chainalysis reports $2B lost in cross-chain bridge hacks
Research conducted by blockchain data platform Chainalysis estimated that $2 billion was lost from cross-chain bridge hacks so far in 2022. Chainalysis stated in the report that the issue now “represe...
Bitcoin holds above 200-weekly moving average showing resilience despite crypto hacks
This morning August 3, Bitcoin (BTC) was able to retake $23,000, which is positive news for bulls since it means that the price is now trading above the closely monitored 200 weekly moving average (wh...
UK Foreign Office criticized over North Korea crypto conference organizer’s detention in Saudi Arabia
The UK Foreign Office has come under criticism for its lack of action in getting North Korea cryptocurrency conference organizer Christopher Emms out of Saudi Arabia, where he has been stuck since Feb...
Faced With The Scourge Of Hacks, NFT Trading Volume Slump To 12-Month Lows
There was a huge surge in interest in NFTs throughout the summer of 2021. After a year, the NFT market’s trading volume has plummeted. Due to the lowest trading volumes in a year and the growing epide...
The Nine Largest Crypto Hacks in 2022
Single lines of ill-conceived code gave hackers access to cryptoassets worth hundreds of millions of dollars Most of the hacked companies are continuing operations after undergoing audits or upgrading...
Should Victims of NFT Hacks Be Compensated by Creators?
Users lost hundreds of NFTs by engaging with the scam link Zeneca will provide a free NFT access pass to his private ZenAcademy Discord server to affected users Some notable creators are conflicted ov...
Syscoin Takes ‘Zero Knowledge’ Approach To Prevent Bridge Hacks
The announcement represents the first actualized zero-knowledge bridge The company says the bridge will be cheap, scalable and capable of performing all the same functions as Uniswap After a flurry of...
Yuga Labs wary of targeted hacks 1
Yuga Labs, the famous company behind BAYC, has cried out to traders about targeted attacks at some NFTs. A statement released by the company’s account mentioned that they have been watching some hacke...
Lines web3 messaging platform raises $4 million seed round
Lines, a new crypto messaging platform, has raised $4 million in a seed round led by former Twitter VP Elad Gil, according to its co-founder Sahil Handa. “There is a rapidly increasing number of peopl...
Over $718 Million Lost to Web 3 Hacks in Q2 2022: Report
Web 3 security firm Beosin recently released its 2022 Q2 Web 3 Security Report, analyzing the latest hacks and exploits to impact the blockchain sphere. It found that over $718 Million were lost to re...
DeFi Space Seen Record Losses in Hacks and Attacks
The growing popularity of Defi space attracts a large number of people and seems an opportunity for hackers. When we hear about the losses in the wider crypto market, it mostly depends upon two major...