News
Alex Lab Foundation said it will fully reimburse users affected by the $8.3 million exploit, with compensation issued in USDC following a structured claims process.
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Hackers News
The term “computer hacker” refers to an individual or group of individuals skilled in manipulating computer systems, often breaking through layers of security to achieve their goals. These goals can range from exploring systems out of curiosity, stealing sensitive data and defacing websites to illegally profiting from system manipulation.
In the context of cryptocurrencies, hackers target exchanges, wallets and users to steal funds. The latest news on hackers shows that no one is protected from their schemes, with several cases of exchange hacks.
In 2014, Mt. Gox, once the world’s largest Bitcoin exchanges, declared bankruptcy after losing 850,000 Bitcoin (BTC). In March 2022, hackers targeted the Axie Infinity gaming platform’s network, Ronin, stealing approximately $625 million in Ether (ETH) and USD Coin (USDC), marking the largest cryptocurrency hack to date.
Other notable hacks include the Poly Network heist, where over $600 million was stolen. FTX also faced a massive breach, losing $600 million in crypto assets. Binance, a major exchange, fell victim to a $570 million hack, and Coincheck suffered a $523 million attack in 2018.
- Explained
The Cetus DEX exploit on Sui drained $220 million in minutes. The hacker took advantage of an undetected bug in the math library of the protocol to siphon off the funds.
- News
Bybit unveiled a major security overhaul following its $1.4 billion hack in February, with upgrades across audits, wallet protection and information security.
3690 - News
Hackers are moving from smart contract vulnerabilities to exploiting human behavioural weaknesses, according to the co-founder of Web3 cybersecurity firm CertiK.
6033 - News
The Crocodilus banking trojan is expanding globally with new campaigns targeting crypto wallets and banking apps, now reaching Europe and South America.
3649 - News
Taiwan-based exchange BitoPro confirmed an $11.5 million crypto exploit weeks after the breach, saying user funds and withdrawals were unaffected.
56994 - News
French prosecutors charged 25 people over a wave of crypto-related kidnappings. However, the masterminds remain at large.
10497 - News
Crypto executives and investors are turning to kidnap and ransom insurance as violent attacks targeting crypto wealth continue to rise.
11938 - News
Cetus may recover $162 million in stolen funds if the Sui community approves a governance vote, with a full user fund recovery plan already in motion.
7492 - News
The Instagram account of ex-rap trio Migos posted images of what appeared to be Solana co-founder Raj Gokal holding identity documents, with captions asking for 40 Bitcoin.
7030 - News
A victim lost $2.6 million in stablecoins by falling for two zero-value transfer phishing scams within three hours, raising concerns over address poisoning tactics.
11414 - News
The Cetus hack saw $223 million in user funds stolen, most of which has been frozen by Sui network validators and ecosystem partners.
5164 - Analysis
AI agents are increasingly embedded into financial industries, including crypto, but the industry has yet to experience the security vulnerabilities hidden in them.
3931 - News
A US judge vacated Mango Markets exploiter’s fraud convictions, ruling the DeFi protocol’s permissionless design left no room for misrepresentation.
9301 - Explained
Curve Finance attackers used DNS hijacking to exploit its front end, redirecting users to a fake site and draining wallets.