The exploiter of the Web3 social media platform agreed to keep a 10% bounty in exchange for returning the remainder of the stolen funds. Web3 social media platform Stars Arena says it has recovered nearly all of the crypto stolen from an Oct. 7 exploit — minus a 10% bounty to the person responsible. In…
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Stars Arena, a social platform supported by Avalanche’s Contract Chain, has fallen victim to a significant security breach. In a Saturday tweet, the official Stars Arena Twitter account issued a warning confirming that the platform’s smart contract had been attacked. The team urged users not to deposit any funds while the issue was being investigated…. Read…
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A recent report from blockchain surveillance firm Elliptic has uncovered that $7 billion in “illicit or high-risk funds” has been laundered through decentralized exchanges (DEXs), cross-chain bridges, and non-KYC exchanges. This staggering sum was already reached by July of this year, exceeding Elliptic’s prediction from last year that such activities would amount to $6.5 billion…
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Stars Arena announced that attackers were draining funds through a loophole, but the contract has been patched to prevent further damage. The Stars Arena Web3 social media app on Avalanche has lost some of its funds due to a malicious attack, according to social media reports. Stars Arena user Lilitch.eth discovered the exploit on Oct.…
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Dallas Mavericks owner Mark Cuban sees his Metamask crypto wallet hacked, Peter Schiff says “day of reckoning is at hand” for dollar and U.S. economy, and the crypto community shows skepticism about rumors of Blackrock pivoting to XRP. This and more in the latest Bitcoin.com News Week in Review, just below. Mark Cuban’s Crypto Wallet…
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Cryptocurrency exchange CoinEx, that fell victim to a hack last week, is set to start its deposit and withdrawal services for major cryptocurrencies including Bitcoin (BTC), Ether (ETH), Tether (USDT) and USD Coin (USDC), from September 21. Per an official update on Wednesday, CoinEx said that it is working to complete the reconstruction and deployment…
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Balancer, the Ethereum-based decentralized finance (DeFi) protocol, is facing a security breach, marking the second such incident in less than a month. The platform issued a warning to its users after detecting an attack on its frontend, urging them to refrain from interacting with the Balancer user interface until further notice. The breach was revealed…
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Coinbase, the largest US cryptocurrency exchange, has raked in $1 million in profit from the recent hack of DeFi platform Curve Finance. The exchange has not yet returned the funds, which some argue belong to the victims of the hack, claiming that it is not obligated to do so. The incident in question occurred in July…
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Nefarious North Korean hacking group Lazarus has stolen nearly $240 million in cryptocurrencies in the past 104 days alone. In a report published by blockchain surveillance firm Elliptic, Lazarus has been identified as the perpetrator behind a series of major cryptocurrency hacks in recent months, with their activity intensifying. The most recent attack attributed to Lazarus targeted the global cryptocurrency…
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Hackers have apparently compromised a wallet belonging to billionaire investor Mark Cuban, stealing a number of cryptocurrencies. The owner of the Dallas Mavericks NBA team, who confirmed the breach, has been able to transfer the remaining digital funds to U.S. crypto exchange Coinbase. Mark Cuban’s Metamask Wallet Drained by Hackers Cryptocurrency worth hundreds of thousands…
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