Tag: crypto hacks

May 06 2022

Breaking: Opensea’s Official Discord Account Has Been Hacked

OpenSea, online NFT marketplace, has once again experienced another hack, this time targeting its official Discord channel. The official Twitter Support handle for the NFT marketplace revealed that they were currently investigating a potential vulnerability in their discord channel, discouraging users from clicking on any links for the meantime as they could be phishing sites....

Apr 30 2022

Breaking: Fei Protocol Exploited For $80 Mln, Funds Moved Into Tornado Cash

Apr 30 2022 Published at Coingape under tags  crypto hacks defi exploit defi news news

Ethereum-based DeFi exchange Fei Protocol lost about $80 million worth of tokens in an exploit on Saturday, on-chain data showed. The protocol offered the hacker a $10 million bounty to return the stolen funds. In a series of transactions, the attacker appeared to have moved about $80 million of Wrapped Ethereum from the protocol, and...

Apr 16 2022

Lossless Protocol Launches Mainnet

The Lossless Protocol mainnet is now live. Their Core protocol detects fraud and freezes it. Once they confirm the hack, they return stolen funds. Simple, yet effective. Still, they are very much undervalued. Plenty of protocols that got hacked didn't know about Lossless until after they got hacked. Lossless Protocol finished all test nets. The first release of the mainnet is on Ethereum....

Apr 11 2022

Largest Cryptocurrency Hacks In History: How They Happened

As cryptocurrency's use and influence spread, the industry has become big business for investors, corporations, wallets, custodians, exchanges, and, unavoidably, hackers. One of the most significant hurdles for widespread consumer and corporate adoption is the paramount issue of security. Some of the largest cryptocurrency hacks in history happened in crypto's more recent years, and hackers have managed to...

Apr 05 2022

Crypto Hackers Mark Successful First Quarter. Here’s How Much They’ve Made

Crypto hackers have been making off with billions of dollars from the market every year. These hackers who find vulnerabilities in the products being used by investors have been known to cart away hundreds of millions at a time. 2022 has proven to be no different from these hackers who have ramped up their efforts. In just the first quarter of the year...

Feb 04 2022

The Wormhole hack. What Is The Future Of Cross-Chain Bridges?

Feb 04 2022 Published at Altcoin Buzz under tags  crypto hacks spotlight wormhole bridge

Wormhole, a popular multichain bridge was recently exploited for 120,000 wETH, approximately $320 million. This is the 2nd largest hack in the last year, where Poly Network was hacked for $611 million. Therefore, in this article, you will discover everything about the Wormhole hack. But first, let's take a look at the recent timeline of...

Feb 03 2022

Breaking: Ethereum-Solana Bridge Warmhole Exploited In A Massive $300 Million Hack

Feb 03 2022 Published at Coingape under tags  crypto hacks defi hacks defi news ethaud ethbkrw

On Wednesday, February 2, one of the most popular crypto bridge networks connecting the Ethereum and the Solana blockchains has faced a massive hack of a staggering $320 million. Warmhole has appraised this event on its Twitter handle...

Jan 18 2022

Two Things You Must do to Protect your Funds from Crypto Scams

Hacked Slowmist, a prestigious blockchain security firm, stated that during 2021, crypto hackers have stolen almost $10 billion in cryptos. In this scenario, the Ethereum blockchain had the most number of hack incidents with 80% of cases. Furthermore, at the time of writing this article, we've had 18...

Jan 17 2022

MultiChain users at risk of Getting Hacked, as Six Cross-Chain Tokens Experiences Vulnerability

Multichain (previously Anyswap), a Cross-chain Router Protocol (CRP) that allows for on-chain asset interoperability, has warned its users that they might be at risk of getting hacked. To forestall this risk, users have been advised to revoke wallet permission for 6 tokens listed on the platform. Multichain directs users on how to mitigate the risk The post MultiChain users at risk of Getting...

Dec 28 2021

Breaking: Crypto hacks led to $9.8 billion in losses in 2021

2021 has definitely been the year of mainstream crypto adoption as institutions finally realized that it is not a fad and going to become the alternate financial market. However, with the surge in interest and adoption, the number of security...

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