CertiK identified Kraken exploit, claims exchange ‘threatened’ its team
The security firm said it was transferring the digital assets obtained in the exploit of Kraken back to the exchange, but many crypto users questioned its motives. Go to Source
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Kraken says its being extorted following bug bounty report
The bug resulted in at least $3 million worth of stolen funds, but no user funds were endangered, according to Kraken. Go to Source
Crypto hack losses hit $19B, Terraform Labs shuts down: Finance Redefined
Nearly $19 billion worth of digital assets have been lost to exploits in the past 13 years, with $2.9 billion stolen in the largest single crypto theft. Go to Source
Crypto hacks soar to $19B in 13 years: Crystal Intelligence
Nearly $19 billion worth of digital assets have been lost to exploits in the past 13 years, with $2.9 billion stolen during the largest single crypto theft during the 2019 Plus Token fraud. Go to Source
Loopring Network Hit By $5M Hack, Market Cap Drops Amidst FUD
Loopring’s network suffered a significant breach, with hackers stealing over $5 million. This incident has led to a predictable drop in Loopring’s market cap, as trust among the crypto community has diminished. The ensuing Fear, Uncertainty, and Doubt (FUD) has compounded a 22% decline in $LRC over the past four days, potentially presenting a buying … Read more
Memecoin team connected to GCR hack, reveals ZachXBT
According to the on-chain sleuth, CAT memecoin creators hacked crypto influencer GCR to manipulate some coin prices. Go to Source
Alex Labs freezes $3.9M of exploited funds sent to CEXs after hack
The team behind the Bitcoin layer-2 developer has successfully frozen some exploited crypto after the attacker tried to cash out by sending funds to exchanges. Go to Source
WBTC thief returns $71 million worth of stolen funds
On-chain transactions leading up to the return suggest this wasn’t a white hat hacker but a malicious actor who intended to steal the funds before investigators got involved. Go to Source
Losses from crypto hacks plunge 67% in April to $60 million
The amount stolen through crypto hacks, along with the number of successful attacks, has seen a sharp decline in April. Go to Source
Curve Finance awards dev $250k for finding reentrancy vulnerability
Curve Finance awarded cybersecurity researcher Marco Croc with its maximum bug bounty award of $250,000 after thoroughly investigating the security flaw. Go to Source