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Cryptocurrency Financial News

Category: Exploit

Posted on 16th August 2024

Ronin bridge hack caused by error in upgrade deployment script — Verichains

The upgrade deployment script failed to call an important initialization function, leaving the vote threshold at zero and allowing anyone to withdraw “without signature.”

Posted on 12th August 2024

Euler announces 29 audit reports after $4M spent to shore up security

Some vulnerabilities in Euler v2 were found and resolved, and a subsequent $1.25 million bug bounty contest found no vulnerabilities of medium or greater severity.

Posted on 7th August 2024

Blockchain Protocol Nexera Suffers $1.8M Exploit, NXRA Tumbles 40%

Nexera, a blockchain infrastructure protocol that focuses on tokenization, has suffered an exploit with $1.5 million being stolen, according to blockchain security firm Cyvers.

Posted on 6th August 2024

Convergence congratulates attacker, attempts to open negotiations

The Convergence team posted a message to the Ethereum network, stating it believes the attacker ‘acted as a white hat.’

Posted on 6th August 2024

Ronin ‘white hat’ attacker returns $10M in ETH after apparent accidental front-run

The MEV bot returned nearly all of the funds, and the team claimed that $500,000 was being paid to it as a bounty.

Posted on 6th August 2024

Ronin Bridge Paused After $9M Drained in Apparent Whitehat Hack

“The bridge currently secures over $850M which is safe,” co-founder @Psycheout86 said in an X post.

Posted on 1st August 2024

DeFi Protocol Convergence Hacked, CVG Token Plunges 99% on Curve

Posted on 19th July 2024

Liminal blames compromised WazirX devices for hack, claims UI not responsible

Compromised WazirX devices provided “legit transaction details” to Liminal’s network, allowing the attacker to drain the exchange’s funds, the MPC provider claimed.

Posted on 19th July 2024

WazirX, Liminal Custody Blame Each Other as $230M Crypto Exploit Leaves Customers Stranded

The dispute centers around multisig wallets.

Posted on 16th July 2024

Defi Protocol LI.FI Struck by $8M Exploit

Decentralized finance (DeFi) platform LI.FI protocol has been hit by an exploit worth around $8 million following a series of suspicious withdrawals, on-chain data shows.

Posted on 3rd July 2024

Bittensor’s TAO Slides 15% After $8M Wallet Drain Attack

The blockchain was paused early Wednesday to contain the exploit, with security researchers suspecting a private key leakage.

Posted on 26th June 2024

Cardano Unfazed By Failed DDoS Attack Targeting Staked ADA

No downtime was observed as a Cardano developer managed to attack the attacker and take back some funds.

Posted on 18th June 2024

What is an infinite mint attack, and how does it work?

Learn about the devastating “infinite mint attack” in cryptocurrency. Understand how hackers exploit vulnerabilities to create unlimited tokens, causing massive inflation and price crashes.

Posted on 13th June 2024

HLG Down Over 60% as Exploiter Mints 1 Billion New Tokens

The team behind the Holograph (HLG) said they have patched the exploit and is working with centralized exchanges to freeze accounts affiliated with the exploiter

Posted on 12th June 2024

Crypto hacks soar to $19B in 13 years: Crystal Intelligence

Nearly $19 billion worth of digital assets have been lost to exploits in the past 13 years, with $2.9 billion stolen during the largest single crypto theft during the 2019 Plus Token fraud.

Posted on 10th June 2024

Lykke crypto exchange acknowledges hack after halting withdrawals

The Lykke team acknowledged that they halted withdrawals after an attack drained $22 million in crypto from its wallets on June 4.

Posted on 5th June 2024

Crypto Firms Hit by Newsletter Breach Attack, Mailing Lists Leaked

Several cryptocurrency businesses are reporting that there is an ongoing “supply chain email breach attack” that uses newsletter mailing lists to send around malicious phishing links.

Posted on 31st May 2024

Japanese exchange DMM loses $305M in Bitcoin via private key hack

The cryptocurrency exchange lost 4,502.9 BTC due to a hack of its private key; withdrawals have been temporarily suspended.

Posted on 28th May 2024

Based Doge hit with 'same as Normie’ exploit as 91.4M BOGE is drained

An attacker minted 91 million BOGE tokens and crashed its price, relying on a similar vulnerability as the Normie exploit one day earlier.

Posted on 27th May 2024

Victim who lost $7M in Ethereum re-staking exploit gets funds back

A permit phishing attack appears to have siphoned 1,807 liquid staked Ether from the victim’s wallet address.

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