Kyber Network Lays off Half of its Staff
Just under a month ago, the Kyber Network DeFi platform was hacked by an unknown party who made off with $46 million worth of stolen assets – mostly in the…
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Curve Finance Reimburses Total Amount Stolen in July
On the 30th of July, four Curve Finance pools were exploited due to a re-entrancy bug made possible by the Vyper programming language. The hackers attacked four mining pools and…
MS Drainer Hackers Thwart AdSense Safeguards, Steal Nearly $59 Million
Wallet drainers are a type of scam that generally operates by cloning a legitimate website, fooling the target into providing their crypto wallet credentials, and then executing a smart contract…
Ledger Announces Plans to Fix Issues Related to Recent Vulnerabilities: Details
Ledger, a hardware wallet manufacturer, has announced plans to disable blind signing for Ethereum Virtual Machine (EVM) decentralized applications (DApps) by June 2024. The decision comes in response to an…
Crypto Industry Sees Over 50% Drop in Hack Volumes in 2023, TRM Labs Reports
A TRM Labs research has revealed that the cryptocurrency industry witnessed a downturn in hack volumes in 2023, with a more than 50% reduction compared to the previous year. Despite…
Nirvana Finance Hacker Pleads Guilty, Will Forfeit Over $12 Million in Stolen Funds
A former senior security engineer, Shakeeb Ahmed, pled guilty to the hacking incident on the decentralized finance yield protocol, Nirvana Finance, along with another unnamed decentralized exchange (DEX). Ahmed will…
OKX Dex Hacked Via Compromised Proxy Wallets
OKX, a popular decentralized exchange aiming to reduce cross-chain friction, was hacked earlier today by an unknown bad actor. Whereas recent attacks on exchanges have generally focused on compromising and…
Web3 firm detects major security flaw in common smart contracts
A security vulnerability potentially affecting hundreds of smart contracts that were pre-built using a commonly used open-source library has been reported by Web3 firm Thirdweb.
21 Victims and Counting: ‘Address Poisoning’ Attackers Target Safe Wallet Users
In a not-so-safe turn of events, the supposedly secure Safe Wallet is feeling the heat. Users of Safe Wallet are facing a major threat as a crypto hacker skilled in…
Platypus hacker walks free with $8.5M after claiming to be ‘ethical hacker’
While hackers Mohammed M. and his brother were cleared of all criminal charges, 7.8 million euros worth of crypto tokens became inaccessible after getting stuck in a wallet.
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