Finance Redefined: Solana and Nomad bridge fall prey to exploits losing millions
The top 100 DeFi tokens had a mixed price action over the past week, with many seeing a downturn after some bullish action last week.
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Nomad announces $190 million bounty for lost funds from recent hack
Nomad announced that it’s offering up to a 10% bounty to return funds stolen from the recent hack on the Nomad bridge on Aug. 2.
Solana-hacked crypto could be claimed as a tax loss: Experts
Australian, Canadian & U.K. crypto investors may potentially claim hacked crypto as a tax loss, but U.S. investors will miss out, according to tax experts.
Solana and Slope Confirm Wallet Security Breach
Solana and Slope have provided additional information on a security breach that affected a multitude of wallets today. Solana Confirms Wallet Breach Solana has published new details about today’s attack....
Hackers might be responsible for removing $4.8M from crypto exchange ZB.com: PeckShield
The suspected hack followed ZB.com announcing the suspension of deposits and withdrawals on Tuesday in response to the “sudden failure of some core applications.”
Nomad reportedly ignored security vulnerability that led to $190M exploit
The altcoins that were stolen in the Nomad bridge hack suffered as much as 94% decline in price after the exploit.
Binance, KuCoin, OKX CEOs flex security amid Solana FUD storm
Parallel to the ongoing investigations of the Solana fiasco, CZ warned investors of “an active security incident on Solana” that drained funds in SOL and USDC off over 7000 wallets.
Hacker drains $1.08M from Audius following passing of malicious proposal
A malicious proposal (Proposal #85) requesting the transfer of 18 million Audius’ in-house AUDIO tokens worth nearly $6 million was approved by community voting.
US Justice Department seized $500K in fiat and crypto from hackers connected to DPRK government
Deputy Attorney General Lisa Monaco said authorities relied on victims to report attacks "as soon as those crimes occur" to help recover funds.
Dutch University set to recover more than twice the paid BTC ransom in 2019
The university reluctantly paid €200,000 in Bitcoin in December 2019 to avoid losing critical research data and resources.
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