Avalanche Defi Platform Vee Finance Attacked — $35 Million in ETH, BTC Siphoned

Avalanche Defi Platform Vee Finance Attacked — $35 Million in ETH, BTC SiphonedOn September 21, 2021, an Avalanche-based decentralized finance (defi) platform Vee Finance announced that it suffered from an incident that siphoned 8,804 ether and 213 bitcoin out of the system. The team has suspended the defi platform contracts and stressed that the stablecoins have not been “affected by the attack.” Defi Project Vee Finance Suffers […]

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Pnetwork Protocol Gets Hacked, Loses 277 Bitcoin on Binance Smart Chain

pnetworkPnetwork, a multi-chain bridging protocol, announced it was hacked yesterday, losing 277 pbtc (its bridged version of bitcoin) on Binance Smart Chain. The protocol acknowledged that an attacker managed to exploit a bug in its codebase to take control of the stolen bitcoin. The bridging contracts are currently working as usual but with extra security […]

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Biggest Bank in Venezuela Suffers 5 Day Outage After Hack Attempt

Biggest Bank in Venezuela Suffers 5 Day Outage After Hack AttemptThe Bank of Venezuela, one of the biggest state banks in the country, is now experiencing an outage that has left its customers without services for five days. The bank published a PR statement stating this was the result of a “terrorist attack” on the national financial system, being perpetrated in the form of a […]

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Zabu Finance Suffers First Big Exploit in Avalanche Defi, Loses $3.2 Million

zabuZabu Finance, a decentralized yield farming protocol on Avalanche, suffered the first big hack related to the chain. The protocol was the victim of an exploit that allowed an attacker to steal $3.2 million in tokens, according to reports. The core of the exploit happened due to a vulnerability in the design of the Spore […]

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Scammers Offer Free Bitcoin on Hacked Government Site in Russia as Crypto Fraud Surges

Scammers Offer Free Bitcoin on Hacked Government Site in Russia as Crypto Fraud SurgesUnknown scammers have organized a fake bitcoin giveaway through a Russian government website they hacked. The news of the attack comes after a recent report revealed that damages from crypto-related fraud in Russia have reached $30 million in value in the first half of this year. Regional Government Website in Russia Hacked by Scammers The […]

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Defi Platform Cream Finance Hacked, $29 Million Lost

CreamCream finance, a defi borrowing and lending protocol, has been the victim of a hack that erased more than $29 million from its vaults. The attacker took advantage of a loophole in the implementation for adding the amp token to the protocol. This is the second time the platform has been involved in a hack. […]

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Crypto Exchange Liquid Hacked, Loses Millions in Various Currencies

Crypto Exchange Liquid Hacked, Loses Millions in Various CurrenciesJapanese cryptocurrency exchange Liquid is suspending deposits and withdrawals after a security breach resulting in the loss of around an estimated $80 million in digital assets. The platform published the suspected hacker’s addresses and said it’s moving funds to cold storage. Hacker Hits Japanese Crypto Exchange Liquid Asian cryptocurrency exchange Liquid Global has confirmed it […]

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