Hackers behind $41M Stake heist shifts BNB, MATIC in latest move: CertiK
A total of $4.8 million in funds have now been moved by the hacker to Bitcoin and now Avalanche.
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Crypto casino Stake reopens withdrawals just 5 hours after $41M hack
The online crypto casino reported unauthorized transactions from its hot wallets on Sept. 4 with blockchain security firms estimating at least $41 million pilfered from hackers.
On-chain tool to seize crypto is a purist’s nightmare, but a must, says CEO
A United States federal court recently used on-chain tech to lock criminals out of their crypto on the Jurat Network. Founder Mike Kanovitz admits the technology could see hate from…
Telegram trading bots are hot, but don’t trust them for custody — Security firms
There are still too many unknowns over how various Telegram trading bots store private keys, blockchain security firms told Cointelegraph.
$656M lost from crypto hacks, scams and rug pulls in H1 2023: Report
Approximately $215 million of stolen assets have since been recovered.
Losses from crypto rug pulls outpaced DeFi exploits in May: Beosin
Over $45 million was lost to exit scams in May while exploits on DeFi protocols racked up less than half that amount over the same period.
Lendhub protocol exploiters spotted shifting $3.85M into Tornado Cash
Despite the sanctions on the crypto mixing service, the bad actors behind January’s biggest exploit have deposited millions worth of funds into Tornado Cash.
Why DeFi should expect more hacks this year: Blockchain security execs
One reason is that “hackers have gotten smarter, gained more experience, and learned how to look for bugs,” according to the founder of a crypto auditing firm.