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The cryptocurrency industry saw the spectacular collapse of one of its giants earlier this month, which ultimately resulted in FTX filing for Chapter 11 bankruptcy. Shortly after, though, there were…
The crypto industry just experienced the most shocking insolvency of a custodian since Mt. Gox with the stunning collapse of FTX. The exchange was also hit by a $600 million…
Less than a week after exploiting the leading cryptocurrency derivatives exchange Deribit, the attacker started moving the stolen funds. As of November 5, the hacker had moved 1,610 Ether (ETH)…
Last month was quite spooky for the crypto industry as it saw the highest number of DeFi hacks this year. While October was expected to be “Uptober,” it quickly turned…
Blockchain-based gaming platform Gala Games claimed that “everything is fine” after reports of billion-dollar-rug pull surfaced. It all started with a misconfiguration of the pNetwork bridge triggering the additional issuance…
SKYWARD, the native token of NEAR-based platform Skyward Finance, plunged by 95% after the protocol’s treasury lost $3 million in a smart contract exploit. The attack occurred in the late…
One report indicated that more than $2.5 billion in crypto was lost to cross-chain bridge hacks over the last two years alone.
The Solana-centric lending application Solend lost $1.26 million in an oracle attack, according to Solend’s official Twitter account on Wednesday. A number of affected pools were disabled, and Solend says…
Blockchain security firm Peckshield shared the stats on Halloween night, but also added the month saw $100 million in crypto returned.
With “Hacktober” ending in a few days, yet another crypto platform has been added to the list of crypto protocols that have lost millions of dollars worth of digital assets…