Rocketswap, a decentralized exchange on the Coinbase native blockchain and Ethereum-based network Base, has just experienced a crypto exploit, losing over $860k of users’ assets. According to an August 15 post on X by Rocketswap, the incident occurred due to a “brute force hack” on the server, which contains private keys …
Read More »
A crypto security breach has exposed a significant vulnerability within the Libbitcoin Explorer 3.x library, resulting in the illicit withdrawal of more than $900,000 from Bitcoin users’ accounts. The breach was detailed in a recent report by SlowMist, a blockchain security firm. The targeted software, Libbitcoin Bitcoin Explorer, is a …
Read More »
Cryptocurrency scams have fallen a massive 77% from $3.3 billion to $1.1 billion over the first six months of 2023, according to a recent report by blockchain intelligence firm Chainalysis. The catch, though, is that ransom attacks are back in trend, with perpetrators pocketing 62.4% more revenue than the first …
Read More »
The Arcadia Finance attacker used a reentrancy exploit to drain $455,000 from the decentralized finance (DeFi) protocol, according to a July 10 post-mortem report issued by the app’s development team. A “reentrancy exploit” is a bug that allows an attacker to “reenter” a contract or interrupt it during a multi-step …
Read More »
Multichain has now warned that because of the exploit, all transactions will be stuck on source chains until further notice. Open-source cross-chain router protocol Multichain (MULTI) has confirmed that an exploit occurred on its protocol, affecting $130 million worth of tokens. The protocol asked its users to suspend all related …
Read More »
Further details are coming to light following a July 2 attack on cross-chain bridge platform Poly Network, which has resulted in a hacker being able to issue billions of tokens out of thin air for profit. In a July 2 Twitter post, Poly Network confirmed it became the latest DeFi …
Read More »
In an unexpected turn of events, Tornado Cash, a prominent service enabling users to obfuscate cryptocurrency transactions, has fallen victim to a hostile takeover by hackers through a malicious governance proposal. Following the attack, Binance temporarily suspended the deposits of the protocol’s governance token, TORN. The attack, which allowed the …
Read More »
OVIX, a Polygon-based lending protocol, recently suffered a major setback after being hit by an exploit that cost the platform at least $2 million. In response, OVIX temporarily halted its POS and zkEVM operations while it worked to address the issue and minimize the impact on its users. The intrusion …
Read More »
The MetaPoint exploit once again casts doubt on the fortification of blockchain technology after the platform lost more than 2,500 BNB. Metaverse platform MetaPoint recently experienced an exploit that cost roughly $1 million in Binance Coin (BNB). According to reports, the cyber attackers made away with 2,515 BNB, raising concerns …
Read More »
Hedera, the staff behind distributed ledger Hedera Hashgraph, has confirmed a wise contract exploit on the Hedera Mainnet that has led to the theft of a number of liquidity pool tokens. Hedera mentioned the attacker focused liquidity pool tokens on decentralized exchanges (DEXs) that derived its code from Uniswap v2 …
Read More »
The crypto trade has been making an attempt to extend the protection of most crypto belongings and protocols utilizing fashionable technological approaches. Nonetheless, problems with exploits within the trade have gotten extra rampant than earlier than. The unhealthy actors discover numerous strategies of hacking crypto tokens. A brand new crypto …
Read More »
A bunch calling itself “Victims of Ankr Exploit” have claimed that its members misplaced over 13,000 BNB liquid staking cash (over $4 million value on the time of writing) because of the Dec. 2 Ankr exploit, however haven’t been adequately reimbursed by the Ankr firm. In line with a Jan. …
Read More »