Weekend Wrap: Crypto VC scores TKO, Trump speech reacts, and more
Ava Labs’ vice president of engineering moves on, Nic Carter wins an MMA fight, and Trump’s pro-Bitcoin stance at the 2024 conference sparks reactions. Go to Source
Hack
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Monoswapio Hack: Users Urged To Withdraw Funds Amid Security Breach
Monoswapio, a prominent staking platform, recently suffered a significant security breach, prompting immediate warnings to users to refrain from staking or adding additional funds. The platform has advised users with any staked positions to withdraw their assets immediately to prevent potential losses. The breach occurred when one of Monoswapio’s developers inadvertently installed a phishing application … Read more
WazirX finds no evidence of compromised devices after preliminary investigation
The exchange received emails from Liminal with the correct destination addresses, implying that Liminal’s system was breached, WazirX claimed. Go to Source
A Closer Look At The WazirX India Hack: $235M Stolen In Real-Time
The recent WazirX India hack has now ranked among the top 10 biggest crypto hacks in history, with $235 million stolen in real-time. The incident was detected and analyzed by Cyver Alert’s SOC Lead, @Hakan_Cyvers, and his team, who were at the forefront, detecting and validating critical alerts as the hack unfolded. The power of … Read more
dYdX v3 compromised in an apparent DNS attack
An attacker appears to have installed a token-draining program on the official domain for dYdX version 3.0. Go to Source
Wazirx Claims INR Funds Unaffected by Cyberattack, Platform Secure
Indian crypto exchange Wazirx has provided an update on the recent cyberattack resulting in the theft of over $230 million. Wazirx co-founder Nischal Shetty stated that the exchange is exploring various strategies to restore platform deposits, withdrawals, and trading. He assured users that Indian rupee (INR) funds are secure and that efforts to recover the … Read more
Kamala Harris Urged to Embrace Digital Assets
The Digital Chamber, a crypto advocacy group, has called on U.S. Vice President Kamala Harris to support the digital asset industry with three requests. The group urged her to promote pro-digital asset language in the Democratic Party’s platform, choose a vice-presidential candidate with expertise in digital asset policy, and engage with industry leaders. Digital Chamber … Read more
Wazirx: Withdrawals and Trading Paused for All Users, Over 80 Bounty Intents Received Within 24 Hours
Indian cryptocurrency exchange Wazirx is working to resume withdrawals after a major security breach compromised a multisig wallet, resulting in the theft of over $230 million. The exchange has paused deposits, withdrawals, and trading, and launched a $23 million bounty program to recover the stolen assets. Within 24 hours, Wazirx received over 80 intents for … Read more
Liminal blames compromised WazirX devices for hack, claims UI not responsible
Compromised WazirX devices provided “legit transaction details” to Liminal’s network, allowing the attacker to drain the exchange’s funds, the MPC provider claimed. Go to Source
WazirX hacker funnels $149M of SHIB, MATIC other altcoins into ETH
Blockchain security firms say bad actors typically move altcoins into Ether to prepare for laundering, as the native token has no built-in means to get frozen. Go to Source
