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
Hackers
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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
Pike Finance exploited for $1.6M in second incident in 3 days
A smart contract vulnerability led to nearly $2 million worth of lost funds within three days on Pike Finance, which is offering a 20% reward for the stolen assets. Go to Source
Dead protocol leaks crypto funds from hacked pool
Approximately $181,000 worth of crypto assets was drained from Yield Protocol’s strategic contracts present on the Arbitrum blockchain. Go to Source
North Korean Lazarus Group laundered over $200M in hacked crypto since 2020
The notorious group of hackers used a combination of crypto mixers and peer-to-peer marketplaces to launder the stolen funds. Go to Source
Ethereum L2 Movement Labs raises $38M for Move-EVM adoption
Through Facebook’s Move-based Ethereum virtual machines, Movement Labs aims to enhance smart contract security and transaction throughput within the Ethereum ecosystem. Go to Source
Peckshield: Cryptocurrency Hackers Stole Over $360 Million in February
Cryptocurrency hackers stole over $360 million during February, almost doubling the amount stolen in January. According to Peckshield, a cryptocurrency and blockchain security firm, the largest hack event in February involved a security breach in Playdapp, a Web3 gaming platform, that lost $290 million four days after being attacked. Fixedfloat, a cryptocurrency exchange, also lost … Read more
Cryptocurrency Exchange FixedFloat Compromised: Millions Lost In Ethereum And Bitcoin
A major setback has hit the cryptocurrency exchange FixedFloat, known for its fully automatic operations and lightning network integration. The exchange fell victim to a security breach, resulting in the loss of approximately 1,728 Ethereum and 409 Bitcoin, with a combined value of $25.85 million. The majority of the stolen Ethereum has already been transferred … Read more