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10 Crypto Incidents In Last Week, Resulting In Nearly $20 Million Losses
The incidents spanned various protocols and platforms, highlighting the breadth of the challenges. Notably, the Hexagate platform experienced the exploitation of a single MEV Bot, leading to losses…
BNB Bridge Hackers: Venus Community’s Swift Action Boosts Stability Amid BNB Price Fluctuations
As the price of Binance Coin (BNB) plummeted below $210, early warning monitoring by Paidun revealed a concerning development: the BNB Bridge hackers’ loan health factor on Venus sank to 0.99. The…
‘Crypto Debt’ Drove South Korean College Student to Armed Robbery
A South Korean man has been handed a suspended jail term of almost three years after he was found guilty of armed robbery “to clear a crypto debt.” According to the South Korean media outlet WowTV,…
Developer Steals $226.5k in Fake FriendTech Token Exit Scam: Details
A major crypto scam has rocked the crypto community as a fraudulent actor withdrew support from a project previously promoting it. In a recent tweet, CertiK, a platform known for real-time alerts on…
Harbor Protocol Of Cosmos Ecological Stablecoin System Under Attack
The protocol’s official Twitter account revealed that the exploitation occurred within the last few hours, depleting stablecoin minting and causing partial losses in stOSMO, LUNA, and WMATIC vaults.…
Cybercriminals Use Crypto Gaming to Steal Millions — Philippines National Police
The cybercrime fighting unit within the Philippines National Police has asked residents to be wary of rewards promised by play-to-earn (P2E) games because they can be used to steal crypto assets worth…
Scam Alert: Hackers Drains Exactly Protocol of 4300 ETH
In an unexpected turn of events, the Exactly Protocol, a Decentralized Finance (DeFi) project built on the Ethereum (ETH) blockchain, has been hacked, resulting in the loss of 4300 ETH. Crypto…
3 Scams, One Week: Optimism and Base beset by Hacks and Rugs
Today, Exactly Protocol, a DeFi lender on Optimism, lost 7,160 ETH, or over $12 million, due to smart contract vulnerabilities that hackers exploited. RocketSwap, the second largest DEX on Coinbase’s…
‘Free Money’ Bank Error Allows People to Withdraw Cash That’s Not In Their Account: Report
A software bug at a billion-dollar bank has allowed customers to withdraw cash that’s not theirs. The bug made it possible for people to send about $1,000 – even if they have insufficient funds – to…
North Korean hackers have stolen $2B of crypto since 2018: Report
North Korean hackers continue to threaten the broader cryptocurrency ecosystem, having stolen an estimated $2 billion of crypto over the past five years. Blockchain intelligence firm TRM Labs released…