SKYWARD Token Dumps 95% as Hackers Drain Protocol’s Treasury
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…
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Developers need to stop crypto hackers — or face regulation in 2023
One report indicated that more than $2.5 billion in crypto was lost to cross-chain bridge hacks over the last two years alone.
Solana-Based Lending App Solend Gets Hacked for $1.26 Million in ‘Oracle Attack’
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…
Scary stats: $3B stolen in 2022 as of ‘Hacktober,’ doubling 2021
Blockchain security firm Peckshield shared the stats on Halloween night, but also added the month saw $100 million in crypto returned.
Crypto Vesting Platform Team Finance Loses $14.5M in Bug Exploit
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…
Binance Reveals Getting Closer to Identify Hacker that Drained $570M
Binance is on the verge of uncovering the hacker(s) behind the $570 million exploit on its cross-chain bridge, BSC Token Hub, earlier this month. In a recent interview with CNBC’s…
Hacker Withdraws 200 Billion Fake BitBTC From Optimism Bridge
The Optimism bridge supporting privacy coin BitBTC is actively being exploited for 200 billion BitBTC tokens. Due to the technicals of the hack, the BitBTC team now has less than…
Hacker Drains $1M From BitKeep Wallet in Swap Feature Exploit
Crypto wallet provider BitKeep Wallet has become the latest victim of an endless wave of DeFi hacks this month. Blockchain security firm PeckShield first raised the alarm on Twitter late…
North Korean Hacker Group Lazarus Phishing for Crypto in Japan: Report
Over the weekend, Japanese local media reported that Lazarus has been attacking local crypto companies, according to the National Police Agency. The group has been using social engineering, such as…
Uptober Turns to Hacktober as Crypto Exploits Skyrocket
With data pointing to a potentially bullish month for Bitcoin, speculators are calling it “Uptober.” After September’s “Rektember,” investors typically look forward to October, which has historically been kinder to…
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