Tag Archives: exploit

In a significant development for the cryptocurrency industry, the trial of Avraham Eisenberg, the accused perpetrator of the $100 million Mango Markets exploit, has commenced in a New York federal court.  Details Of The Mango Markets Scandal During the opening arguments presented by Assistant US Attorney Tian Huang, Eisenberg’s actions …

In the late hours of Tuesday, the crypto community saw another exploit. Munchables, the Ethereum Layer-2 NFT gaming platform, reported being compromised on an X post. The crypto heist, which momentarily stole over $62 million, took a shocking turn of events after the attacker’s identity opened a Pandora’s box. Crypto …

The Fantom (FTM) Foundation has taken decisive steps to recover assets lost in the Multichain exploit that devastated various chains, including its own, resulting in a staggering $210 million loss. After failed attempts to engage with the Multichain Foundation, the Protocol has announced that it filed a lawsuit for “breach …

The rise of deepfake technology continues to pose a significant threat to the crypto community, with Ethereum co-founder Vitalik Buterin becoming the latest victim in a disturbing trend. Security analysts at CertiK recently uncovered a deepfake video in which Buterin seemingly endorses a phishing website designed to drain wallets, underscoring …

The play-and-own mobile gaming platform GAMEE suffered an exploit of its GMEE token contracts on Polygon that led to the theft of 600 million GMEE tokens and left the crypto community pondering questions. GAMEE Confirms $15M Exploit On Polygon On January 22, GAMEE Token’s official X (formerly Twitter) account advised …

Thunder Terminal successfully thwarted a $240,000 exploit targeting 114 wallets, ensuring user funds’ security. The incident involved an attacker gaining access to a MongoDB connection URL, executing withdrawals on behalf of users. The on-chain trading platform Thunder Terminal successfully thwarted a $240,000 exploit that targeted 114 wallets on its platform, …

Venus Protocol, a prominent lending market on the BNB Chain, has denied allegations of a major security breach over the past weekend. These speculations initially suggested a $54 billion exploit, as blockchain security firm SlowMist reported. Venus Protocol Refutes Claims of Major Exploit Brad Harrison, the Head of Venus Labs, …

[PRESS RELEASE – Vancouver, BC, Canada, November 6th, 2023] MaestroBots, a prominent cryptocurrency trading bot on the Telegram messenger app, has swiftly taken action to refund users who were affected by a recent smart contract exploit. In an incident that unfolded on October 24, a total of 280 ETH was …

According to multiple reports, iToken, formerly known as Huobi Wallet, fell victim to a crypto heist in the last week, leading to the loss of $263,000 worth of users’ assets. The incident draws much attention following recent police investigations into some of Huobi’s former staff. $263,000 Drained From Huobi Wallet …

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week. In this week’s newsletter, September became the biggest month of crypto exploits in DeFi, with over $300 million in losses, and the …

Stake, an Australian crypto casino renowned for the integration of crypto assets into gambling, has fallen victim to a recent alleged exploit.  On-chain analysis firm Cyvers revealed that a jaw-dropping $16 million was siphoned off from the Ethereum network due to a “private key leak.”  The suspicious nature of the …

On July 14, developers of the $1.5-billion Chinese cross-chain protocol Multichain confirmed users’ worst fears. The protocol’s CEO, identified only as “Zhaojun He,” was arrested by Chinese authorities in Kunming on May 21 after months of repeated denials on official communication channels. Also allegedly arrested was Multichain’s core team, which …