Solana price ‘bear flag’ paints $50 target as Wormhole hack exposes security hole
The bearish continuation setup could push Solana price dropping to nearly $50 in the sessions ahead. Go to Source Powered by WPeMatico
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$2.5B in stolen BTC from Bitfinex hack awakens
The receiving wallet address now holds more than 90,000 Bitcoin worth about $3.6 billion. Go to Source Powered by WPeMatico
Coin Bureau Youtube channel hacked despite 2FA protection
It appears this was a coordinated effort targeting prominent crypto YouTubers, not just Coin Bureau. Go to Source Powered by WPeMatico
Multichain asks users to revoke approvals amid ‘critical vulnerability’
Multichain is asking users to revoke approvals to protect their assets amid a vulnerability that is currently being exploited. Go to Source Powered by WPeMatico
Ascendex Hacked — Exchange Loses $77 Million in ERC20, BSC, Polygon Tokens
Ascendex, a cryptocurrency exchange, suffered a security breach that allowed hackers to take control of some of the wallets of the exchange. The attack focused on hot wallets, where funds are kept as a buffer to tend to customers’ withdrawals. The company announced that it would reimburse these funds to any affected user. Peckshield, a … Read more
Bitmart Loses $200 Million in Hack Performed by Unknown Attackers
Bitmart, a cryptocurrency exchange, suffered an attack yesterday that exploited some security vulnerabilities in order to gain access to the funds of the exchange. The attack targeted the hot wallets of the platform, specifically the Ethereum and Binance Smart Chain-based wallets. The hackers managed to take almost $200 million in tokens from the platform. Bitmart … Read more
Exploit Allows Hackers to Siphon $120 Million From Defi Protocol Badgerdao
The decentralized autonomous organization (DAO) called Badgerdao has disclosed that it has “received reports of unauthorized withdrawals of user funds.” The analytics team Peckshield estimates that over $120 million was siphoned in the Badgerdao breach. Badgerdao Suffers $120 Million Exploit — Engineers Pause Smart Contracts According to the official Badgerdao Twitter account, the team has … Read more
Avalanche Defi Platform Vee Finance Attacked — $35 Million in ETH, BTC Siphoned
On 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 … Read more
Pnetwork Protocol Gets Hacked, Loses 277 Bitcoin on Binance Smart Chain
Pnetwork, 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 … Read more
Biggest Bank in Venezuela Suffers 5 Day Outage After Hack Attempt
The 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 … Read more