Tag: hacking

Aug 22 2022

Ronin Hackers Transferred Stolen Funds To Bitcoin Network Using Privacy Tools

Hackers who drained around $625 million from the Ronin Bridge attack in March have transferred funds from Ethereum to the Bitcoin network using privacy tools. In order to hide their identity, cybercriminals, who are believed to be part of the North Korean cybercrime group, Lazarus, used the Ren protocol, mixers, and several centralized exchanges to move funds from one blockchain to another. ₿liteZero,...

Ronin Hackers Moves Stolen $625M to the Bitcoin Network

Aug 22 2022 Published at Coinscreed under tags  bitcoin bitcoin news hacking news

According to recent discoveries by blockchain researcher and developer liteZero, the Ronin hackers moved the stolen funds from the Ethereum network to the Bitcoin network. To transfer the money to the bitcoin blockchain, the Ronin hackers exploited Ren Protocol and a number of controlled crypto exchanges. Remember how the hackers transferred $625 million worth of […] The post...

Aug 11 2022

Hackers Have So Far Stolen $1.4 Billion This Year, Chainalysis Says

Hackers are enjoying brisk "sales" this year and the targets seem to be getting aplenty. According to a research, the web3 ecosystem suffered a "loss" of around $1.23 billion in the first quarter of 2022, Adrian Hetman, a tech lead at crypto security firm Immunefi, said. This figure accounts for any funds lost as a result of hacks and fraudulent activities. Hetman stated...

Aug 06 2022

Hackers From North Korea Seen As Culprits In DeBridge Finance Cyberattack

Hackers from North Korea has reportedly found a new victim in DeBridge Finance, a cross-chain interoperability and liquidity transfer protocol, multiple sources disclose, Saturday. Based on DeBridge's initial assessment, the attempted cyberattack likely originated from the notorious North Korean hacking syndicate, Lazarus Group. Several DeBridge team members received a faked email containing a PDF file titled "New Salary Adjustments"...

Aug 04 2022

Web3 Wallet Provider Slope Blamed for Solana Attack

Aug 04 2022 Published at Altcoin Buzz under tags  cryptocurrency news hacking solana

Details have emerged over yesterday’s Solana attack, and it appears a third- party wallet provider could be to blame. On August 2, more than 8,000 Solana hot wallets were hacked. The attackers made off with an estimated $8 million in stolen crypto. At the time, Solana recommended users switch to hardware wallets. However, this was little consolation to the victims who lost funds. On...

Aug 03 2022

Unraveling the $190 Million Nomad Bridge Attack

Aug 03 2022 Published at Altcoin Buzz under tags  cryptocurrency news defi hacking

Another bridge exploit has rocked the crypto community as Nomad lost almost $200 million on Tuesday. On August 2, cross-chain bridging platform Nomad alerted users of an ongoing exploit. In the hours that followed, more than $190 million was drained from the protocol. Nomad is a Layer 2 cross-chain...

Jul 27 2022

Harmony Dangles 2 Billion Tokens To Pay Back Hack Victims – Who Aren’t Happy With Plan

Jul 27 2022 Published at Bitcoinist.com under tags  btcusd crypto news ethbtc ethereum ethusd

The Harmony protocol has been getting some flak since the company revealed a hard-fork plan that will generate approximately 5 billion of its native tokens to compensate the victims of the $100 million Horizon Bridge hack that occurred last month. Proposal for compensating those affected by the compromise of the Harmony Protocol cross-chain bridge has been laid down by the Layer 1 team...

May 06 2022

OpenSea’s Discord Server Compromised, Phishing Links Posted

May 06 2022 Published at Bitcoinist.com under tags  discord discord server hacking nft opensea

The leading NFT marketplace, OpenSea, saw its Discord server hacked to conduct scams. The incident was highlighted by numerous users' tweets and blockchain security firm,...

Feb 13 2022

White Hat Hacker Protects Coinbase From Danger By Spotting Threat

A White Hat hacker's prompt intervention saved Coinbase's sophisticated trading platform from disaster. "Tree of Alpha," a White Hat Hacker, contacted Coinbase Chief Executive Officer Brian Armstrong to warn him that third- parties could theoretically transfer Coinbase order books at arbitrary rates, which might result in a big payout for criminals. Coinbase announced in a statement shortly after the tweet that it had temporarily...

Feb 12 2022

Critical bug in Ethereum L2 Optimism, $2M bounty paid

Feb 12 2022 Published at CryptoSlate under tags  analysis bug bug bounty defi hacking

Ethereum Layer-2 solution Optimism has fixed a critical software bug in one of its smart contracts on Ethereum. On February 2nd, the Optimism team was alerted by Jay Freeman of a critical bug in Optimism’s fork of the...

Nov 22 2021

Small Crypto Investors Suffer As Hackers Increasingly Target Phone Numbers

Hackers, for the most part, usually target institutional crypto investors and exchanges. But since the adoption of cryptocurrencies like Bitcoin became more mainstream, these hackers started targeting small individual investors. Related Reading | Hackers Are Now Trying To Steal Crypto Via Malicious NFTs...

Oct 05 2021

Could This Project Put An End to DeFi Hacks?

Hacking DeFi protocols are one of the significant obstacles that are preventing DeFi mainstream adoption. As a result, an ambitious decentralized finance project aims to alleviate this problem. What is Lossless Protocol About? The Lossless protocol is a security project which...

Aug 28 2021

Manifold Co-Founder On How To Keep NFTs Safe From Hackers

Aug 28 2021 Published at Bitcoinist.com under tags  crypto hacking nft wallet safety

The co-founder of Manifold.xyz – a platform for NFTs – who goes by the Twitter handle @richerd has recently written a Twitter thread which exposes the tactics used by hackers to steal funds and NFTs from crypto wallets. As the go-to...

May 14 2021

Binance Account Hacked – The Story & How to Secure Binance Account

Should you keep Crypto-assets on an exchange account or a hardware wallet?Are you scared of losing your funds on an exchange?Do you worry about what would happen if the exchange shuts down? Well, you are not alone in worrying and fearing such thoughts, as this is perhaps the most frequently asked questions by newbies. And, in this "How to secure crypto...

Dec 28 2020

Cover Protocol Attack Perpetrated by ‘White Hat,’ Funds Returned, Hacker Claims

Dec 28 2020 Published at CoinDesk under tags  cover protocol hacking markets news

The Yearn-owned Cover Protocol was hacked earlier Monday in an infinite printing scheme, causing the price of the Cover token to plunge. Hours later, a so-called 'white hacker' claimed responsibility for the attack, saying all funds had been returned. This story is developing and will be updated.

Dec 21 2020

BitGrail Operator May Have Hacked Own Exchange to Steal €120M, Police Allege

Dec 21 2020 Published at CoinDesk under tags  hacking italy nano news

Italian police said the FLorence-based man is either behind the breaches or took no action after the first attack came to light.

Dec 15 2020

Mt. Gox Hack – 150,000 BTC May Get Sold In The Market!

Dec 15 2020 Published at Altcoin Buzz under tags  btc hacking mt gox technical analysis

The Mt. Gox Japanese exchange, which made headlines in 2014 when it lost over 850,000 bitcoins, is once again in the news. In 2014, Mt. Gox filed for bankruptcy with millions of dollars worth of cryptocurrencies to be paid back to its users. Mt. Gox was the largest exchange in the world, and it used to handle almost 70% of all BTC trades...

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