Bug bounties can help secure blockchain networks, but have mixed results
How bug bounties can improve security by using talent from the blockchain community.
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Arbitrum-based Rodeo Finance exploited for second time, $1.5M stolen
The exploiter manipulated price oracles to gain the upper hand on trades executed using the manipulated price.
Mt. Gox repayment date looming: Is Bitcoin in trouble?
As the Mt. Gox repayment deadline scheduled for October approaches, crypto observers expect a major industry event coming up this fall.
Gaming gear maker Razer hacked, user data, encryption keys for sale online: Report
The Singapore-U.S. gaming company has responded to reports of 404,000 emails, keys, logins and other info for sale; it hasn’t finished dealing with a 2020 leak yet.
DeFi protocol Arcadia Finance hacked on Ethereum and Optimism for $455K
A loophole in the code allowed the hacker to drain funds worth roughly $455,000 from Arcadia’s Ethereum and Optimism vaults.
Multichain attack triggers Twitter phishing scheme for FTM distribution
A phishing link was included in the tweet and shared with the affected users of the hack, leading them to believe it was associated with the Fantom Foundation.
Circle, Tether freezes over $65M in assets transferred from Multichain
Multichain has suspended its operations after an unexplained transfer of crypto assets worth millions of dollars took place on July 6.
$656M lost from crypto hacks, scams and rug pulls in H1 2023: Report
Approximately $215 million of stolen assets have since been recovered.
Bitcoin no longer crypto of choice for illicit crypto activity: TRM Labs
While fiat channels remain the dominant tool for criminal financing, Bitcoin appears to have fallen out of favor for criminals as far as cryptocurrencies go.
Over $204M was lost in Q2 DeFi hacks and scams: Report
More than $208.5 million was lost initially, but approximately $4.5 million was recovered, making the total amount of unrecovered funds over $204 million.
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