Crypto exploits near $1.4B this year as hackers target CeFi — report
According to data from cybersecurity firm Cyvers, stolen funds on centralized exchanges increased 900% year over year in the second quarter. Go to Source
Hackers
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Kraken-CertiK $3M saga, zkSync airdrop wallets dumping tokens: Finance Redefined
The ZK token dump led to a 34.5% price decline in the token $0.18 after it hit a high of $0.32 shortly after launching. Go to Source
Kraken recovers $3 million from CertiK, ending bug bounty saga
Certik has returned the funds to Kraken exchange, putting a happy end to the bug bounty-related saga. Go to Source
Kraken-CertiK saga turns murky as part of exploited funds go ‘missing’
Kraken is planning to take legal action against security firm CertiK as the “white hat” operation by security firm turns into a legal blunder. Go to Source
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
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