“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. The decentralized exchange KyberSwap has offered a 10% bounty reward to the hacker who stole $46 million on Nov. 22 and left a note of negotiation. The exchange…
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A loophole in the code allowed the hacker to drain funds worth roughly $455,000 from Arcadia’s Ethereum and Optimism vaults. A hacker drained approximately $455,000 from noncustodial decentralized finance (DeFi) protocol Arcadia Finance by exploiting a code vulnerability. Blockchain investigator PeckShield alerted about the hack on Arcadia Finance, highlighting the cause as “the lack of…
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Russian cybersecurity and anti-virus provider Kaspersky detected 5,040,520 crypto phishing attacks in the year as compared to 3,596,437 in 2021. When it comes to cryptocurrency-related cyberattacks, bad actors have seemingly reduced the use of traditional financial threats such as banking PC and mobile malware, and instead have shifted their focus to phishing. Russian cybersecurity and…
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While Chainalysis suspected the involvement of North Korea in the Euler Finance hack, it highlighted the possibility of misdirection by other hackers. Ever since Euler Finance fell victim to the biggest decentralized finance (DeFi) hack of 2023, the crypto community closely followed the $197 million loot on-chain — hoping to track down the attacker. Out…
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Since December 2022, the two malicious files — MortalKombat ransomware and Laplas Clipper malware — have been actively scouting the internet and stealing cryptocurrencies from unwary investors. Anti-malware software Malwarebytes highlighted two new malicious computer programs propagated by unknown sources actively targeting crypto investors in a desktop environment. Since December 2022, the two malicious files…
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A malicious governance proposal (Proposal #85) requesting the transfer of 18 million Audius’ in-house AUDIO tokens worth $6.1 million was approved via an exploit. Proposals in crypto help communities make consensus-based decisions. However, for decentralized music platform Auduis, the passing of a malicious governance proposal resulted in the transfer of tokens worth $6.1 million, with…
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While awaiting Crema Finance’s report on the situation, the Crypto Twitter community took it to themselves to track down the hacker’s wallet and better understand the problem. Crema Finance, a concentrated liquidity protocol over the Solana blockchain, announced the temporary suspension of its services owing to a successful exploit that has drained a substantial but…
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According to blockchain investigator Packshield, the hacker used a previously withdrawn pledged NFT from the Bored Ape Yacht Club (BAYC) collection as collateral to drain the assets. XCarnival, a liquidity provider for the Ethereum ecosystem, recovered 1,467 Ether (ETH) just a day after suffering an exploit that drained 3,087 ETH, worth roughly $3.8 million, from…
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The attacker launched a public poll on Mirror’s official website, which falsely proposes a freeze on the community pool in case of a scam. If executed as planned, the attacker would receive 25 million MIR tokens. Public blockchain network Terra has confirmed an ongoing scam attack via an official governance poll on Mirror, an in-house…
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