Category: Hack
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Security Breach At Dolomite: Users Urged To Take Precautionary Measures
The Ethereum contracts associated with the popular decentralized exchange, Dolomite, recently fell victim to a concerning approval attack, resulting in a significant loss estimated at around $1.9 million. The old contracts of @Dolomite_io on Ethereum suffered an approval attack, resulting in a loss of ~$1.9M. The hacker exploited the batchTransfer function of the TradeDelegate contract to transfer tokens approved to the contract from users. The batchTransfer function can only be… https://t.co/kXZsIXPtkI pic.twitter.com/SwnwwEvszA — Beosin Alert (@BeosinAlert) March 21, 2024 The attack targeted the batchTransfer function within the TradeDelegate contract, exploiting tokens approved to the contract from unsuspecting users. This function,
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AirDAO Investigates Theft Of Millions In AMB Tokens And ETH From Uniswap Pool
AirDAO, a decentralized autonomous organization, has uncovered a significant theft involving 35.2 million AMB tokens and 125.51 ETH from the AMB/ETH Uniswap pool. The team is actively collaborating with exchanges and relevant authorities to identify the perpetrator and recover the stolen funds. In a bid to expedite the return of the funds, AirDAO is offering a 10% white hat hacking charge to the hacker, while also warning of potential legal action if cooperation is not forthcoming. The AirDAO team has identified a theft of 35.2m AMB tokens and 125.51 ETH from our AMB/ETH Uniswap pool. We are working with exchanges
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Security Breach At Serenity Shield: $5.6 Million Worth Of Tokens Compromised
Today marked a troubling turn of events for Serenity Shield’s project as a MetaMask wallet associated with the initiative fell victim to a security breach. The breach resulted in the loss of 6.9 million $SERSH tokens, valued at approximately $5.6 million. Serenity Shield’s MetaMask wallets were compromised for 6.9M $SERSH (worth ~$5.6 million). Some of the stolen $SERSH were swapped for $USDT. ~580k $USDT are held at 0x29d473678b19edb5a419a13554ca93851604477f, and 210k $USDT are bridged to Ethereum. Other $SERSH are sent to… https://t.co/NkefNx8YqN pic.twitter.com/sKxtB0G9No — Beosin Alert (@BeosinAlert) February 28, 2024 Reports indicate that a portion of the stolen $SERSH tokens were
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Cryptocurrency Exchange FixedFloat Compromised: Millions Lost In Ethereum And Bitcoin
A major setback has hit the cryptocurrency exchange FixedFloat, known for its fully automatic operations and lightning network integration. The exchange fell victim to a security breach, resulting in the loss of approximately 1,728 Ethereum and 409 Bitcoin, with a combined value of $25.85 million. The majority of the stolen Ethereum has already been transferred by the perpetrator to eXch on the Ethereum network, resulting in total losses amounting to $26 million. 🚨@FixedFloat was exploited for ~$26.1M (409 $BTC and 1,728 $ETH). On Ethereum, the attacker 0x85c4fF99bF0eCb24e02921b0D4b5d336523Fa085 sent the stolen 1,728 $ETH to multiple addresses, then to Exch exchange. The
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Cryptocurrency Exchange Fixedfloat Hacked, Close to $26 Million Lost in BTC and ETH
January Sees Significant Losses In Exploits: $41 Million Reported
The cryptocurrency world faced a tumultuous January, marked by significant losses totaling $41 million due to various exploits and security breaches. While this figure represents a staggering 67% decline from December 2023, it marks a stark increase of 180% compared to January 2023. One of the most notable incidents occurred when 600 million GMEE tokens, valued at $16.3 million, were stolen during the GAMEE token breach on the Polygon network. Additionally, a phishing scheme targeted users of Ethereum and Binance Smart Chain, resulting in losses amounting to $12.9 million. $41M LOST IN EXPLOITS IN JANUARY This marks a 180% increase
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Telcoin Faces Significant Setback Following Security Breach
Telcoin ($TEL) has encountered a considerable setback, witnessing a substantial drop of over 41% within a few hours due to a significant security breach on the Telcoin cryptocurrency platform. This breach led to the apparent theft of millions of TEL tokens, amounting to around $1.3 million in cryptocurrency losses, as reported by peckshieldalert. #PeckShieldAlert Telcoin $TEL has dropped -41%Telcoin has suffered an exploit, resulting in a loss of ~$1.3M worth of cryptos https://t.co/FS756GaeWo pic.twitter.com/LDPZVu05Fv — PeckShieldAlert (@PeckShieldAlert) December 26, 2023 In response to the security compromise, the Telcoin team swiftly addressed the situation involving the Telcoin App. Taking immediate action,
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How the Ledger Connect hacker tricked users into making malicious approvals
According to Cyvers, the attacker caused malicious code to be inserted into multiple app user interfaces, allowing the exploiter to fool users into confirming transactions.
Crypto exchange HTX reinstates Bitcoin services after $30M hack
Justin Sun said he expects functionality for other cryptocurrencies to gradually be reinstated with full services returning by next week.