The digital asset security platform Cyvers Alerts disclosed on July 19 that Rho Markets’ liquidity layer on Scroll had been exploited after hackers took control of an oracle access control. Cyvers reported that the attacker held $7.6 million across multiple chains, with USDC and USDT pools among the affected assets. Shortly after detecting unusual activity,…
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According to reports, the decentralized finance (defi) protocol Lifi Finance experienced an $8 million loss due to an exploit. Lifi confirmed the breach on X and advised users to avoid interacting with Lifi-powered applications. Lifi Finance Loses $8 Million to Exploit On Tuesday, the onchain security firm Peckshield revealed that Lifi Finance had been compromised,…
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Normie, a meme coin launched on Base, suffered an exploit that took its market capitalization from almost $42 million to $1 million. The exploiter sent a message offering to keep 10% of the ETH exploited, and demanding that the remaining 90% and the 600 ETH still present in the wallet of the token developers be…
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Digital asset investment firm BlockTower Capital faces a major setback after fraudsters compromised its main hedge fund. Bloomberg reported Wednesday that the stolen funds remain unrecovered, and the hackers haven’t been caught yet. BlockTower has responded, hiring blockchain forensics analysts to investigate the theft. The firm also recently notified its limited partners about the incident.…
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Security firm CertiK said it has detected and prevented a flaw in the cross-chain bridge Wormhole which could have resulted in $5 million worth of losses. In a social media post, CertiK said its research team found a critical bug in Wormhole — an incorrect application of the public and entry modifiers exposing the blockchain…
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Decentralized finance (DeFi) lending protocol Pike Finance smart contract vulnerability led to $1.6 million in stolen funds over three days. On April 30, Pike Finance suffered a $1.68 million exploit across the Ethereum, Arbitrum, and Optimism chains. This came to light following a report from on-chain analytics firm CertiK. According to CertiK, the attacker exploited…
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Hedgey Finance suffered a devastating blow on April 19 when two simultaneous exploits drained $44.7 million from the token infrastructure platform. During the two-hour attack, the hacker utilized the ‘createLockedCampaign’ function with flash-loaned funds across multiple blockchains. Hedgey Finance Hacked: $1.9 Million Stolen on Ethereum, $42.8 Million on Arbitrum Cyvers reported that Hedgey Finance suffered…
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The play-and-own mobile gaming platform GAMEE suffered an exploit of its GMEE token contracts on Polygon that led to the theft of 600 million GMEE tokens and left the crypto community pondering questions. GAMEE Confirms $15M Exploit On Polygon On January 22, GAMEE Token’s official X (formerly Twitter) account advised its users to refrain from…
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Following a serious exploit in the Socket protocol that drained $3.3 million, the company has halted specific operations and urged users to revoke all approvals as a precautionary measure. Socket Responds to $3.3 Million Security Breach With Swift Action and Transparency Socket, a cross-chain protocol, confirmed the loss of $3.3 million due to an exploit.…
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Bitfinex’s security protocols came into the spotlight when a seemingly massive XRP transfer, initially causing alarm among crypto watchers, turned out to be a foiled exploit attempt. $15 Billion of XRP Transfer Attempt Fizzles Out A failed exploit attempt on cryptocurrency exchange Bitfinex was brought to light, involving nearly $15 billion worth of XRP tokens,…
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