Cryptocurrency News
The journey of WazirX, India’s top crypto exchange, took a dramatic turn on July 18, 2024, as hackers breached its multi-signature wallet, stealing around $235 million—nearly 45% of the platform’s reserves. Cyvers Alerts initially detected the intrusion, where the attackers exploited WazirX’s wallet, which required four out of six signatures […]
EigenLayer, a prominent platform in the crypto community, faced a major security breach when their official Twitter account was compromised. Hackers used the account to post malicious tweets containing phishing links, resulting in significant financial losses for victims who fell prey to the scam. Reports indicate that victims lost approximately […]
A recent vulnerability in the Bedrock DeFi smart contract led to the loss of approximately $1.7 million, adding to the growing list of crypto exploits in 2024. The issue stemmed from a flaw in the contract’s mint function, which mistakenly cast staked Ethereum (ETH) into the same quantity of uniBTC, […]
Indodax, one of Indonesia’s largest cryptocurrency exchanges, has reportedly been targeted by a cyberattack, with over 150 suspicious transactions flagged. According to Cyvers Alerts, the total loss from the attack is estimated at $18.2 million. Hackers were found exchanging tokens for Ethereum (ETH), raising concerns within the crypto community. According […]
The Penpie hacker remains active, continuing to funnel stolen Ethereum through Tornado Cash despite being offered a white hat bounty. To date, the hacker has transferred 4,000 ETH, worth approximately $9.66 million, to Tornado Cash from address 0xd44. They still retain 7,263 ETH, valued at $17.9 million, in their known […]
DWF Labs has recently made a significant move by depositing 2 million $CRV tokens, valued at approximately $683,000, to Binance just five hours ago. This transaction has caught the attention of the crypto community, particularly given DWF Labs’ involvement in Curve’s past financial challenges. Last year, during a liquidation crisis, […]
The Indian cryptocurrency exchange WazirX has reportedly suffered a major security breach, with its multisig wallet suspected to be compromised. Over 200 tokens were stolen, resulting in a total loss of approximately $231 million. 🚨The multisig wallet of Indian exchange #WazirX is suspected to be compromised. More than 200 tokens […]
The Floki team has responded to the recent hack on WazirX, one of India’s leading cryptocurrency exchanges. The exploit resulted in a loss of over $230 million, including $4.7 million worth of FLOKI tokens. In their statement, the Floki team highlighted three key points regarding the incident: 1. Exploiter’s FLOKI […]
Mozaic Finance, a decentralized finance (DeFi) platform, recently fell victim to a hack on the Arbitrum network, resulting in the loss of $2.4 million. The breach occurred due to a vulnerability in a private key, allowing the attacker to exploit a specific contract function called “bridgeViaLifi,” accessible only by a […]
In a recent revelation, Jeffrey Zirlin, the co-founder of axieinfinity and the Ronin network, disclosed that two of his wallets fell victim to a hacking incident on Friday. This has been a tough morning for me. Two of my addresses have been compromised. The attack is limited to my personal […]
In a promising turn of events, blockchain security company PeckShield has reported a significant recovery of funds from cryptocurrency hacks. The firm’s latest statistics reveal that over $674 million has been recovered from more than 600 hacks, marking a notable improvement from previous years. PeckShield’s data for 2023 highlights a […]
Experiencing a cryptocurrency wallet hack can be a distressing situation, but taking swift action is crucial to limit potential losses and regain control of your funds. Here are the first steps users should take in the event of a hack: Isolate the Compromised Device: If you suspect your wallet has […]
Cryptocurrency security is a top priority for users, but hackers are continually devising new and unexpected methods to gain unauthorized access to wallets. Here are five lesser-known ways users inadvertently expose their cryptocurrency wallets to hackers: Public Wi-Fi Vulnerabilities: Many users access their cryptocurrency wallets using public Wi-Fi networks without […]
Decentralized finance (DeFi) is a rapidly growing sector that offers users unprecedented access to financial services without the need for intermediaries. However, this newfound freedom comes with a cost: DeFi protocols are increasingly being targeted by hackers. In 2022 alone, DeFi hacks accounted for over $3 billion in losses. Some […]
The cryptocurrency industry has been hit by a wave of hacks this summer, with over $361 million lost in 31 hacks. DeFi projects remain the most vulnerable area, accounting for 84% of the hacks. Largest Hack: Multichain The largest hack of the summer was the $126 million theft from Multichain, […]
Crypto enthusiasts anticipate Polygon and Shiba Inu prices to rise to $1 or higher despite the market’s general bearish outlook. Analysts also observe Oryen’s rapid growth as a potential reserve currency that is in its presale phase. The Crypto market has worsened after the collapse of FTX and the subsequent […]
Cryptocurrency hacking is one of the most prevalent topics amid the crypto bear market in 2022. While October is currently the month with the highest hacking activity in the cryptocurrency space, the year 2022 is on pace to become the worst in the entire history of the cryptocurrency, as it’s […]
Ethereum once again proves it’s the leading cryptocurrency for DeFi, NFT, and smart contracts amid a Solana network attack that saw over half a billion in assets drained from private wallets. Ethereum price is currently trading at $1,656, up over 5% in the past 24 hours and up over 12% […]