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Jump Crypto Replaces $320 Million in Ethereum Taken From Wormhole Exploit

On February 2, 2022, the Wormhole Network’s ethereum solana bridge was exploited for 120,000 WETH (wrapped ethereum) worth $320 million and the following day, the team explained that “all funds…

Continue ReadingJump Crypto Replaces $320 Million in Ethereum Taken From Wormhole Exploit

Wormhole Network’s Cross-Chain Bridge Exploited for Over $250 Million in Ethereum

Reports indicate that the Wormhole Network’s ethereum solana bi-directional bridge has been exploited by an attacker for 93,750 ether or more than $250 million using today’s ethereum exchange rates. The…

Continue ReadingWormhole Network’s Cross-Chain Bridge Exploited for Over $250 Million in Ethereum

Hacker Siphons $80 Million From Qubit Cross-Chain Bridge, Largest Defi Exploit of 2022 to Date

Findings stemming from a recent report published by the security-focused blockchain firm Certik indicate that the Binance smart chain Ethereum bridge called Qubit has been hacked for $80 million. Data…

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Auditing Firms Claim Crypto.com Lost $15 Million in Incident as Users Report Suspicious Activity

Crypto.com, a leading cryptocurrency exchange, experienced an incident on January 17 when some of its users reported strange activity in their accounts. The exchange acknowledged the event, and conducted an…

Continue ReadingAuditing Firms Claim Crypto.com Lost $15 Million in Incident as Users Report Suspicious Activity