Zabu confirmed that the attacker successfully pulled out 4.5 billion tokens in Zabu Farm Contract and stole around $600K.
Cream Finance to repay stolen Ether and Amp via protocol fees
Cream Finance has identified the AMP integration error that caused a nearly $19 million loss for the protocol and aims to pay users back.
Cream Finance DeFi platform loses $19M in a flash loan hack
The Cream Finance hacker gained $18.8 million by exploiting a reentrancy bug in the AMP token in a set of 17 transactions.
Bilaxy exchange suspends website after ERC-20 hot wallet hack
Bilaxy cryptocurrency exchange is yet to announce the value of funds lost to a hacking incident that occurred on Aug 28.
Digital intelligence must overcome challenges to solving crypto crimes
Changing an intelligence agency’s perspective on crypto crime is the next step toward a successful crypto investigation.
Bison Trails launches Binance Smart Chain support
“Binance Smart Chain is becoming an important hub for developers looking to build applications, as demonstrated by the number of DeFi and NFT projects launched on the platform,” said Aaron Henshaw, CTO of Bison Trails.
Poly Network offers to on board ‘Mr. White Hat’ as chief security advisor
“Poly Network has no intention of holding Mr. White Hat legally responsible,” said the team.
The perfect storm: DeFi hacks will advance the crypto sector moving forward
There is a silver lining from the DeFi hacks as new tech develops to protect the sector: “DeFi will be much safer in 12 months from now.”
Tiger Global backs $24M funding round for blockchain security firm CertiK
The security company has now raised $61 million in two months and over $70 million since inception. Coatue Management, Shunwei Capital and Coinbase Ventures are among CertiK’s early backers.
US State Department offers up to $10 million in crypto rewards to white hat hackers
The United States is offering crypto assets to incentivize white-hat hackers to uncover state-sponsored actors and potential terrorists on the dark web.
London court orders Binance to trace hackers behind $2.6M Fetch.ai attack
“We need to dispel the myth that crypto assets are anonymous. The reality is that with the right rules and applications they can be tracked, traced and recovered,” said Syedur Rahman.
Poly Network hacker returns nearly all funds, refuses $500K white hat bounty
“The poly did offered a bounty, but I have never responded to them. Instead, I will send all of their money back,” said the hacker.
DAO Maker crowdfunding platform loses $7M in latest DeFi exploit
CipherBlade is conducting an investigation into the hack and has identified a Binance account associated with the attacker.
Poly Network hacker appears ready to return stolen funds
The Poly Network hacker said they will return the stolen cryptocurrency funds, and have asked for a secured multisig wallet.
Hackers stole at least $600M in Poly exploit across three chains
Paolo Ardoino reported Tether had frozen roughly $33 million in USDT from one of the affected addresses.
Kaseya recovers data stolen in ransomware attack with mysterious decryption tool
The IT firm denies that it paid a ransom to the Russian hacker group in exchange for the decryption tool.
BSC’s Impossible Finance raises $7M for multi-chain DeFi incubator
DeFi protocol Impossible Finance is building a multi-chain incubator to expand out from BSC.
Don’t blame crypto for ransomware
Hackers will keep hacking as long as organizations are vulnerable — crypto is not an exception.
DeFi hacks and exploits total $285M since 2019, Messari reports
Decentralized finance platforms on the Ethereum network have lost about $285 million to rogue actors since 2019.
Uranium Finance developer suspected of ‘leaking’ information leading to $50M exploit
A member of Uranium Finance’s developer team said they suspect that the recent hack of the platform may have originated internally. They’ve urged affected users not to contact any other members of the Uranium Finance team.