Tag: scams and hacks

May 19 2022

Delaware Based Firm Stablegains Accused Of Exploiting Its Customers Amidst Luna/UST Collapse

May 19 2022 Published at Ethereum World News under tags  scams and hacks terra (luna)

A Delaware-based investment firm is being accused of exploiting nearly 4,878 users. The firm is being called out on Twitter for losing nearly $42 million worth of users' funds. A Delaware-based investment company Stablegains has been accused of allegedly exploiting its customers amidst the massive UST collapse. The company is accused of deceiving its 4878 clients that had invested their money in the...

May 18 2022

Axie Infinity’s Discord Bot Compromised In A Latest Hacking Attempt

Popular play-to-earn game Axie Infinity has encountered another hacking attempt The hackers compromised the game's discord bot Mee6, manipulating it to issue fake mint announcements. Popular play-to-earn blockchain game Axie Infinity took to Twitter to inform users about a new hacking attempt concerning its discord bot Mee6. The team further announced that its discord bot was manipulated by hackers to issue fake mint...

May 06 2022

OpenSea Discord Server Experiences Phishing Attack

The attacker posted phishing links on OpenSea’s Discord server. One user says that he has had an NFT stolen. The posting of phishing links on NFT platforms’ social channels is growing increasingly popular. NFT marketplace OpenSea has had their Discord compromised, with the attacker posting phishing links in their server through an account that was seemingly an official bot. One user, Jasper, informed...

Apr 28 2022

DEUS Finance Experiences Another Flash Loan Exploit, Loses Over $13M

The hacker exploited the USDC/DEI pool and stole $13.4 million. This is DEUS Finance’s second flash loan exploit in under two months, the first occurring in Mar. 2022. Flash loan exploits and hacks, in general, continue to be a threat to the DeFi market. DeFi infrastructure protocol DEUS Finance has suffered yet another flash loan exploit, according to blockchain security and data analytics...

Apr 22 2022

Binance Secures $5.8 Million Worth Of Laundered Axie Infinity Funds

Crypto exchange Binance has secured a part of stolen Axie Infinity funds. Binance's CEO Changpeng Zhao stated that the exchange has successfully retrieved stolen funds worth $5.8 million from the Axie Infinity hackers. Crypto Exchange Binance has successfully seized $5.8 million worth of stolen funds from the Axie Infinity hackers. The exchange's CEO Changpeng Zhao took to Twitter to reveal new details adding...

Apr 01 2022

Bored Ape Yacht Club’s Discord Encounters An Online Phishing Attack

Apr 01 2022 Published at Ethereum World News under tags  nfts scams and hacks

The bored Ape Yacht Club NFTs Discord was briefly compromised earlier today. The BAYC team reported that the hackers stole MAYC NFT #8662. The stolen NFT reportedly belonged to the famous Taiwanese pop star Jay Chou. The famous Bored Ape Yacht Club NFT's Discord was briefly compromised earlier today. The BAYC team took to Twitter to disclose details stating that their discord was...

Mar 22 2022

SWAK NFT Pulls the Rug, Investors Lose More Than Half a Million

SWAK was an NFT project that saw more than half a million invested in. The token had experienced more than 2,300% rise last month. Rug pulls continue to happen in the market, which is a stain on its legitimacy. The SWAK NFT project has executed a rug pull on its investors, leading to a theft of more than half a million. Crypto alert...

Feb 02 2022

[Updated] Largest cryptocurrency hack of 2022 so far, more than $321M stolen from Wormhole Bridge

Feb 02 2022 Published at Ethereum World News under tags  news scams and hacks

Another day, another attack. Wormhole, the Solana to Ethereum bridge, was exploited on Wednesday, February 2. An anonymous hacker has managed to get away with a fat paycheck, approximately $321 million making this the biggest Defi hack of 2022. How did this happen, and what actions have the Wormhole project developers taken to rectify this? Let’s divulge deeper into this. WHAT IS WORMHOLE?...

Dec 30 2020

Bitcoin Stolen Through Hacks and Scams Hits a Yearly All-Time Low

Summary: 2020 had the lowest amount of Bitcoin stolen through hacks and scams A total of 4,366 BTC was stolen and publicly reported This is a 92% drop from 2019 and an all-time low of 0.02% of the total supply Bitcoin investors and traders are getting smarter in terms of securing their investment A lower amount of Bitcoin was stolen this year through...

Oct 03 2020

KuCoin CEO: We’ve Identified Suspects of the Hack, $204M Recovered

In summary: KuCoin CEO, Johnny Lyu, has informed the crypto-verse that they've identified suspects behind the recent hack He explained that KuCoin is working with authorities to apprehend the suspects Another additional $64 Million in digital assets is out of the control of the hackers This brings the total to $204 Million recovered or frozen The hackers had taken approximately $280 Million from...

Sep 26 2020

Bitfinex and Tether Freeze $33M USDT from KuCoin Hack

Quick take: Bitfinex CTO, Paolo Ardoino, has notified crypto twitter of the freezing of $33M Tether related to the KuCoin hack Bitfinex has frozen $13 Million Tether (USDT) on EOS Tether has frozen $20 Million USDT on Ethereum Binance has pledged its support in the recovery efforts of funds from the hack KuCoin has offered a $100,000 reward for vital information related to...

KuCoin To Cover All User Losses From Recent $150M Crypto Hack

Quick take: KuCoin's risk management system detected unusual crypto withdrawal activity beginning today, 2:51 am (UTC +8) The exchange soon confirmed it was a hack KuCoin CEO, Johnny Lyu, confirmed KuCoin has an insurance fund to cover all losses $150 Million in Bitcoin, Ethereum and other ERC20 tokens was taken KuCoin is in constant communication with law enforcement and other crypto exchanges to...

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