Over $718 Million Lost to Web 3 Hacks in Q2 2022: Report
Web 3 security firm Beosin recently released its 2022 Q2 Web 3 Security Report, analyzing the latest hacks and exploits to impact the blockchain sphere. It found that over $718…
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‘Nobody is holding them back’ — North Korean cyber-attack threat rises
"Even though the tradecraft is not perfect right now… it's still a fresh market for North Korea," says former CIA analyst Soo Kim.
NFT Platform OMNI Hit By Re-Entrancy Exploit, Lost $1.4M in ETH
OMNI – an NFT finance platform that lends out cryptocurrency in exchange for staked NFTs – fell victim to a re-entrancy exploit that led to the loss of nearly 1,300…
UK Jeweler Sues Insurer Over Failure to Cover $7.5M Bitcoin Ransomware Losses
British multinational jeweler Graff Diamonds Corp. has filed a lawsuit against its insurer, The Travelers Companies, Inc. (Travelers), for failing to provide indemnity after it paid $7.5 million in Bitcoin…
Crema Finance Hacker Accepts Bounty and Returns Over $7M of Stolen Funds
The Solana-based concentrated liquidity protocol, Crema Finance, suffered an exploit earlier this week. The drained crypto funds were worth nearly $9 million at the time of the hack. However, following…
Crema Finance Hacked for $9M, Team Shares Investigation Details
A Solana-based concentrated liquidity protocol – Crema Finance – temporarily halted its operations to investigate an exploit that drained more than $8.78 million worth of cryptocurrencies. Crema Hack Recap As…
North Korea Leads the World in Crypto Crime (Report)
According to Coincub, the country has over 15 documented instances of crypto crime, with proceeds conservatively estimated at $1.59 billion. The other top four countries closely following the hermit kingdom…
Optimism’s Quixotic Hacked, Promises to Reimburse All Affected Users
Quixotic – an NFT marketplace that runs on Optimism – revealed that wrongdoers breached its security and drained ERC-20 tokens. The organization assured that users with stolen assets will be…
North Korean Hackers Reportedly Behind the $100 Million Harmony Exploit
The notorious North Korean hacking group – the Lazarus Group – is suspected to be the one that attacked the cryptocurrency protocol Harmony. The criminal organization has been involved in…
Crypto Winter Threatens North Korea’s Stolen Stash: Report
According to researchers, the deepening crypto winter poses a threat to a vital source of funding for Pyongyang’s weapons programs. It is not clear how much crypto the North Korean…
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