August sees 215% rise in crypto phishing, $55M lost in single attack
The majority of the stolen funds is accounted for a major phishing incident that cost an unfortunate user $55 million. Go to Source
Hackers
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White hat ‘SEAL’ team protecting from crypto hacks surpasses 900 investigations
The crypto security team is preparing to launch a battleground for hackers and crypto protocols at the DeFi Security Summit at Devcon in November. Go to Source
Chainalysis alerts rise in crypto hacks and ransom in 2024
Cryptocurrency hackers have been returning to their roots to targeting centralized exchanges amid a spike in the Bitcoin price in 2024. Go to Source
Wazirx Update: Trade Reversals Near Completion, 344 Bounty Entries Received
Indian crypto exchange Wazirx says it is close to completing the reversal of trades after the $230 million cyberattack. “We’re working with legal experts to help us formulate an effective method for enabling withdrawals,” the exchange stated. Additionally, Wazirx revealed that its bounty program has attracted 344 bounty hunters to help recover the stolen funds. … Read more
Trump Jr. to launch DeFi platform, $510B sell-off wipes 2024 crypto gains: Finance Redefined
The crypto industry could gain significant mainstream attention following Trump’s eldest son’s plans to launch a bank-rivalling DeFi platform. Go to Source
Bitrace warns of new crypto scam using QR codes
The scam starts with a small payment of Tether (USDT) to the user. Go to Source
WazirX to reverse trades after $235M crypto hack
WazirX, one of the largest crypto exchanges in India, lost $235 million to a multisig wallet security breach in July 2024. Go to Source
DeFi protocol Nexera hacked for $1.5 million via smart contract exploit
Nexera’s token contract has been paused and the team advises crypto investors to stop trading the NXRA token. Go to Source
Ronin Network exploited for $9.8M in ETH, white hat hacker suspected
If the exploit occurred due to a white hat hacker, the funds could soon be returned to the blockchain. Go to Source
Crypto hackers buy Ethereum dip using stolen funds
Hackers exploit the market crash, using stolen funds from the 2022 Nomad bridge hack to purchase 16,892 ETH at a significant discount. Go to Source
