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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Pump.fun, a Solana-based marketplace and deployment tool for meme coins, has acknowledged suffering an exploit dealing with the bonding curve contracts in its platform. While the protocol is still investigating the matter, it reported that “the TVL in the protocol right now is safe,” as it has upgraded the contracts to deal with the attack…
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Match Systems, a cybersecurity company specializing in Anti-Money Laundering (AML) services, blockchain forensics, and investigations, recently announced the recovery of $68 million in stolen crypto assets from Cryptex, a cryptocurrency trading platform established in 2016. The specifics of the recovery operation have not been disclosed. In a recent social media post, Match Systems further stated:…
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In April 2024, Web3 saw a loss of over $53 million to hackers across 21 incidents, a 46% decrease when compared with the previous period, found the latest report by the crypto-focused bug bounty platform Immunefi. To be more precise, $53,074,827 was lost to hacks and frauds this past month. Notably, in April 2023, this…
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In response to a subpoena, Mike Schmidt provided details of participants at a Bitcoin developer event linked to the investigation of Luke Dashjr’s Bitcoin theft. As revealed in a social media post by Schmidt, the co-founder of Brink received the subpoena from the Federal Bureau of Investigation (FBI) that required him to submit personal information…
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A database with the personal information of over 5 million Salvadorans was recently leaked in a data breach forum. The database, which has been around since August and has recently been linked to Chivo, El Salvador’s national cryptocurrency wallet, has 144GB of data, including the full name, unique identity number, date of birth, address, and…
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Permissionless lending and margin trading protocol OpenLeverage has reportedly fallen victim to multiple hacks draining $230K worth assets. The hacks were flagged by blockchain security Cyvers Alerts on X (Twitter). Per the post, the losses incurred is around $230,000 worth crypto and the attacker’s wallet was funded by Tornado Cash. “Our system has detected the…
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Prisma Finance, a leading decentralized finance (DeFi) protocol, was the victim of a sophisticated hack involving the FixedFloat exchange, which resulted in a loss of $9 million. The protocol team has acknowledged the breach, and their engineers have already halted the DeFi protocol to investigate the attack. Prisma Finance Hit by $11 Million Exploit, Security…
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The web3 gaming platform Munchables experienced a significant security breach, losing $62.5 million in Ethereum due to an exploit on the Blast network. Munchables confirmed the exploit through a post on social media, stating the loss occurred on March 26. “Munchables has been compromised,” said Munchables. “We are tracking movements and attempting to stop the…
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In a recent development observed by onchain alerts, the entity responsible for exploiting the Heco bridge and siphoning off millions in ethereum late in November 2023 from the conduit bridge connecting Ethereum and the Heco blockchain, transferred 40,391.8 ether to the mixing platform Tornado Cash. Heco Bridge Exploiter Transfers Millions Worth of Ether to Tornado…
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