On June 4, Lykke UK and Lykke Corp AG (Lykke) experienced a significant cyber attack that compromised their infrastructure. In response, the affected systems were promptly shut down to mitigate further damage. An extensive review of the security breach was conducted, and all identified vulnerabilities have been addressed. Lykke UK […]
Tag: Hacker
Indonesian Crypto Exchange Indodax Suspected Of Hack, $18.2 Million Stolen In Suspicious Transactions
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 […]
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 […]
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 […]
Phishing Victim Recovers $10.3M In $stETH From Attacker, Awaits Remaining Funds
A report from Cyver Alert revealed a phishing attack that occurred over a year ago, resulting in the loss of nearly $32 million in staked Ethereum (stETH). The victim had fallen prey to a malicious contract, leading to the significant theft. On July 6th, the attacker unexpectedly reached out with […]
Beosin Report Reveals $1.54 Billion In Web3 Losses In H1 2024
A recent report from Beosin has shed light on the state of Web3 security, revealing significant losses in the first half of 2024. According to the “2024 H1 Global Web3 Security Report, AML Analysis & Crypto Regulatory Landscape,” the total losses in Web3 reached a staggering $1.54 billion. 🎉Beosin is […]
UwU Lend Faces Repeated Attacks, Loses $20.8M in ETH, But Repays Bad Debt
UwU Lend (@UwU_Lend) has been hit by another attack, losing 1,064 ETH (approximately $3.7 million) just a few hours ago. This follows a series of three attacks two days ago, during which the platform lost a total of 4,907 ETH (around $17.1 million). In total, UwU Lend has suffered losses […]
Normie Memecoin Crashes After Devastating Attack, Losing 99% Of Its Value
In a dramatic turn of events, the memecoin market witnessed a significant setback as Normie (NORMIE) fell victim to a severe exploit that wiped out nearly 99% of its value in just one day. Following the attack, NORMIE’s market capitalization plummeted to a mere $2,700 at press time, causing panic […]
Gala Games Faces Security Breach, $200 Million In $GALA Tokens Minted By Attackers
Gala Games recently suffered a significant security breach, resulting in approximately $200 million worth of $GALA tokens being minted by attackers. The malicious actors were able to create 5 billion $GALA directly through minting. So far, the attackers have swapped nearly 600 million $GALA for 5,913 $ETH. Gala Games was […]
Trader Loses $71 Million In Phishing Attack Due To Address Similarity
A shocking incident has emerged in the cryptocurrency community, with a trader reportedly falling victim to a phishing attack resulting in a staggering loss of $71 million. The unfortunate sequence of events unfolded when the trader, in a routine transaction, created a new address labeled “0xd9A1b0B1e1aE382DbDc898Ea68012FfcB2853a91” and transferred 0.05 $ETH […]
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 […]
Cryptocurrency Phishing Scams Leave Victims With Millions In Losses, $100 million Already Lost In 2024
The scourge of cryptocurrency phishing scams continues to wreak havoc, with nearly 57,000 individuals falling victim to these fraudulent schemes in February alone. 🚨 [1/6] ScamSniffer's February Phishing ReportIn February, about 57,000 victims lost approximately $47 million to crypto phishing scams.Compared to January, the number of victims who lost over […]
Bitrue Drainer Sells Stolen Assets
Reports have surfaced regarding the Bitrue Drainer, who allegedly pilfered $23.5 million worth of assets on April 14, 2023, making another significant sale in the past 24 hours. This time, the individual unloaded 4,207 ETH for 16.34 million DAI at a price of $3,885 per ETH. The stolen assets from […]
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 […]
Binance Denies Allegations Of KYC Data Breach Amidst Dark Web Rumors
Binance has strongly refuted allegations suggesting a breach of its users’ KYC data on the dark web, following purported claims of a GitHub breach. Speculation has emerged in the past two days, indicating that individuals are purportedly selling Binance customer data, including full names, countries, and phone numbers. The alleged […]
Radiant Capital Faces Flash Loan Attack, But Maintains Token Price Stability
Today, reports from BeosinAlert reveal that Radiant Capital fell victim to a flash loan attack, resulting in a substantial loss of $4.5 million. The attack exploited a vulnerability in the contract, specifically manipulating the index parameter, which, later on, served as a denominator. Radiant Capital @RDNTCapital was under a flash […]
Web3 Projects Face Substantial $2.02 Billion Losses In 2023 Due To Security Breaches
The escalating risks to the security of web3 have become significant concerns for the future of this decentralized internet paradigm. Beyond the financial implications, the losses incurred from hacking attempts on web3 and smart contracts have cast doubts on the dependability of this emerging technology. Globally, the perception of web3 […]
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 […]