Multichain victims search for answers in $1.5B exploit as new evidence emerges
Chinese police may have busted Multichain in a money laundering investigation, but many questions remain, including its CEO’s alleged fake ID. Go to Source
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Cypher Protocol reveals $600K of stolen funds is now frozen on CEXs
Solana-based Cypher Protocol has managed to stop around $600,000 of stolen funds from exiting various centralized exchanges. Go to Source
Weekend Wrap: Uniswap dev sacked for alleged rug, Steadefi hacker goes mixing and more
Uniswap developer AzFlin has admitted to creating the FRENS token but has argued what he did doesn’t constitute a rug pull. Go to Source
Newly discovered Bitcoin wallet loophole let hackers steal $900K — SlowMist
A series of attacks drained the wallets of BTC users by exploiting a faulty random seed generation algorithm. Go to Source
Era Lend on zkSync exploited for $3.4M in reentrancy attack
The lending app was drained of funds using a “read-only reentrancy” bug, a type of vulnerability that is often difficult for auditors to spot. Go to Source Powered by WPeMatico
Crypto lender Geist Finance shuts down permanently over Multichain hack
The $29 million TVL lending platform is shutting down because its oracles are misreporting Multichain token values after the exploit. Go to Source Powered by WPeMatico
New York prosecutor charges hacker over $9M exploit of Solana-based exchange
A skilled computer security engineer has been charged with wire fraud and money laundering related to an attack on a decentralized exchange. Go to Source Powered by WPeMatico
Multichain Executor has been ‘draining’ AnySwap tokens: Report
The contract has used an “anySwapFeeTo” function to transfer hundreds of thousands of dollars worth of tokens to itself, which on-chain sleuth Spreek suspected may have been malicious. Go to Source Powered by WPeMatico
Multichain’s ‘mysterious withdrawals’ have whiffs of a ‘rug pull’ — Chainalysis
Chainalysis told Cointelegraph that they were “describing it as a possible rug pull,” based on an analysis of Multichain’s spurious transactions and internal problems. Go to Source Powered by WPeMatico
‘Scammers’ impersonate Crypto Twitter users on Threads as users near 100M
Threads are already seeing potential crypto scammers arrive on the platform as Crypto Twitter personas warn of impersonators on the app. Go to Source Powered by WPeMatico