defi hacks – DIGIT INFO

Crypto hacks, scam losses reach $29M in December, lowest in 2024

DIGIT — Thu, 02 Jan 2025 02:50:51 +0000

Both CertiK and PeckShield shared data showing December was the lowest month of crypto losses in 2024.

September 2024 crypto hacks surpass $120M, centralized exchanges hit

DIGIT — Tue, 01 Oct 2024 08:29:14 +0000

Cryptocurrency hacks in September totaled over $120 million, with centralized exchanges BingX and Indodax accounting for more than half.

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Crypto execs on DeFi domain hacks: Don’t interact with crypto for now

DIGIT — Fri, 12 Jul 2024 08:13:20 +0000

CoinGecko founder Bobby Ong explained that after Google sold its domain business to Squarespace, two-factor authentication was removed due to the forced migration of domains.

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Crypto hacks soar to $19B in 13 years: Crystal Intelligence

DIGIT — Wed, 12 Jun 2024 09:59:00 +0000

Nearly $19 billion worth of digital assets have been lost to exploits in the past 13 years, with $2.9 billion stolen during the largest single crypto theft during the 2019 Plus Token fraud.

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Study: Criminals Target Defi Platforms, Steal More Than $67 Million in February Alone

DIGIT — Sat, 09 Mar 2024 12:30:51 +0000

In February alone, criminals stole digital funds worth over $67 million from decentralized finance (defi) platforms. The latest Immunefi data shows that hacking attacks accounted for more than $65 million, or 97% of the month’s losses. The Ethereum blockchain suffered the most individual attacks, with 12 incidents representing 85.71% of the total losses across targeted […]

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Hacker Siphons Close to $300K in OHM Tokens From the Olympus DAO

DIGIT — Fri, 21 Oct 2022 18:30:30 +0000

On Friday, October 21, a malicious entity siphoned 30,437 OHM tokens from the Olympus DAO after finding a loophole in the rebase project’s smart contract. Following the exploit, the blockchain security and data analytics company, Peckshield, detailed the hackers stole close to $300K in OHM tokens. Hacker Exploits Smart Contract’s ‘BondFixedExpiryTeller’ Parameter, $292,000 in OHM […]

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Crypto Hackers Gross Over $3 Billion From 125 Hacks so Far This Year

DIGIT — Sat, 15 Oct 2022 04:30:32 +0000

Data from blockchain analytics firm Chainalysis shows that October is “the biggest month in the biggest year ever for hacking activity.” The firm added that crypto hackers have grossed over $3 billion across 125 hacks so far this year. Crypto-Hacking Activity Soars in October Chainalysis shared some crypto-related hacking statistics Wednesday. The blockchain data analytics […]

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Barely halfway and October’s the ‘biggest month’ in crypto hacks: Chainalysis

DIGIT — Thu, 13 Oct 2022 06:04:26 +0000

While 2021 was the biggest year on record for crypto hacks, 2022 could “likely” beat the record “at this rate” according to Chainalysis.

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Harmony’s $100M Hack Was Due to a Compromised Multi-Sig Scheme, Says Analyst

DIGIT — Sun, 26 Jun 2022 18:30:36 +0000

On June 23, 2022, the Harmony development team announced that $100 million was siphoned from the Horizon bridge, and the organization explained it was working with national authorities and forensic specialists. According to an account published Polygon’s chief information security officer, Mudit Gupta, the Horizon bridge attacker allegedly took control of the multi-signature wallet leveraged […]

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Illicit crypto usage as a percent of total usage has fallen: Report

DIGIT — Tue, 14 Jun 2022 04:01:09 +0000

A rapidly growing crypto market means that hacks and scams are accounting for less overall activity, and their percentage of total usage continues to decline.

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