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 […]
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Penpie Hacker Continues To Launder $ETH Despite White Hat Bounty
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 Deposits $CRV To Binance Amid Market Losses Following Curve Hack
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, […]
Indian Exchange WazirX’s Multisig Wallet Hacked, $231M Stolen
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 […]
Floki Team Addresses $230 Million WazirX Hack, $4.7 Million In FLOKI Tokens Affected
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 […]
DeFi Platform Mozaic Finance Suffers $2.4 Million Hack
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 […]
AxieInfinity Co-Founder’s Wallets Compromised In $10.46M Hack
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 […]
Crypto Security Firm Recovers Over $674M From Hacks, PeckShield Reports
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 […]
Top 10 Immediate Actions To Take During A Cryptocurrency Wallet Hack
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 […]
5 Unusual Ways Users Unintentionally Expose Cryptocurrency Wallets To Hackers
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 […]
DeFi Hacks and Security: Incidents and Potential Solutions
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 Crypto Space Lost $361.7M In 31 Hacks This Summer
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, […]
Sam Bankman-Fried on the run after a $600M FTX ‘hack’? Polygon, Shiba Inu and Oryen are the cryptos to buy right now
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 […]
Top 5 Largest Crypto Hacks in 2022
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 Price Rises to $1,600 Amid Solana Network Hack
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% […]
A Scavenger Hunt Hackathon: Findora’s Unique Approach at EthCC
Hackers at crypto conventions expect dimly lit areas where they are chained to their computers. Findora has a different approach for EthCC in Paris: let hackers enjoy the City of Lights as they build. Although anyone around the globe can compete to win over $5,000 in grand prizes, participants in […]
Top 5 Most-Popular Methods Hackers Use to Steal NFTs
Non-fungible Tokens (NFTs) started to take a significant place in the cryptocurrency ecosystem, especially after 2020. NFT markets in which game companies, celebrities, and many investment firms showed interest started to grow day by day and reached a transaction volume of millions of dollars. There are dozens of films about […]
ApeCoin Price Drops Over 15%, Four Days After $1 Million BAYC NFT Hack
ApeCoin has been one of the top performers this week, rising by over 30% this week and setting a new all-time high of $27. However, today the ApeCoin price dropped significantly by over 15%, only four days after the $1 million BAYC NFT hack, where a thief exploited Instagram to […]