While hackers Mohammed M. and his brother were cleared of all criminal charges, 7.8 million euros worth of crypto tokens became inaccessible after getting stuck in a wallet.
Category: hacks
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KyberSwap announces treasury grants for hack victims
The grant is designed to ease the financial burden on affected individuals and will equal the USD equivalent of the assets lost in the security breach.
Poloniex prepares to resume withdrawals after $100M hack
Poloniex says it will start resuming deposits on Nov. 30 with TRX, the cryptocurrency of Justin Sun’s Tron blockchain.
Aerodrome and Velodrome DeFi platforms experience front-end hacks
The DeFi platforms Velodrome and Aerodrome took to social media to warn users that the front-ends for both platforms were under attack from malicious actors.
Indexed Finance thwarts hijackers, set to compensate 2021 hack victims
In an X thread, Laurence Day, a former core contributor, detailed the efforts of the Indexed community in overcoming two hijacking attempts on the remaining treasury of the Indexed DAO.
KyberSwap hacker offers $4.6 million bounty for return of $46 million loot
“On the table is a bounty equivalent to 10% of users’ funds taken from them by your hack,” said KyberSwap to its hacker in an on-chain message.
Justin Sun-related crypto platforms hacked 4 times in 2 months
Justin Sun’s cryptocurrency exchange HTX has been hacked twice since rebranding from Huobi in September 2023, raising questions from the crypto community.
HECO Chain bridge compromised, over $86.6M sent to suspicious addresses
Blockchain security firm PeckShield reported that assets like stablecoins, ETH, SHIB, LINK and more were transferred from the bridge. Withdrawals and deposits have been suspended, and Justin Sun has said HTX will fully compensate users for any losses.
Mt. Gox creditors offered fresh hope with new ‘commencement of repayment’ email
The Mt. Gox trustee announced the redemption of $47 million in trust assets amid social media reports suggesting repayment to creditors could start in 2023.
Fantom Foundation awards $1.7M bounty for preventing $170M drain
In the aftermath of Fantom’s $550,000 hack in October, a security researcher found that the attacker could have stolen as much as $170 million.