News
Hacken’s Stephen Ajayi told Cointelegraph that basic wallet hygiene and endpoint hardening are essential to defend against threats like ModStealer.
1424
Hacks News
Hacks have become prevalent in the digital age, encompassing various sectors and technologies. In the realm of decentralized finance (DeFi), where financial services operate on blockchain networks without traditional intermediaries, the risks of hacks are particularly notable. DeFi platforms, built on smart contracts, are susceptible to vulnerabilities, leading to significant financial losses.
DeFi hacks frequently take advantage of smart contract flaws, allowing hackers to change code and steal money. These incidents show that to strengthen DeFi protocols, thorough security audits and ongoing testing are required. A frequent type of DeFi hack is a flash loan attack, which entails borrowing a sizable amount in a single transaction, tampering with market prices and making money off of the ensuing price imbalances.
Conventional hacks, on the other hand, focus on databases, wallets or centralized exchanges. Phishing attempts deceive people into disclosing private information, which allows unwanted access. Hackers also frequently use ransomware, malware and distributed denial-of-service attacks to compromise digital assets and interfere with services.
Preventing hacks requires a combination of robust cybersecurity practices, regular audits and user education. As the digital landscape evolves, vigilance and proactive measures are essential to mitigate the risks associated with hacking incidents, ensuring the security of online assets and financial transactions.
- News
Amid headlines of hacks and scams, the Clear Crypto Podcast uncovers the real data behind blockchain activity and the technologies building confidence in the industry’s future.
4018 - News
Sui-based yield trading protocol Nemo lost $2.59 million in a Sept. 7 exploit caused by unaudited code deployed without multisignature controls.
1340 - News
Apple’s new Memory Integrity Enforcement system in iPhone 17 aims to block zero-day exploits targeting crypto wallets and Passkey signing operations.
3149 - News
Bubblemaps flags 100 wallets that claimed 9.8 million MYX tokens worth around $170 million, calling it the “biggest airdrop Sybil of all time.”
3129 - News
Ledger chief technology officer Charles Guillemet said that while the immediate danger had passed, the threat still exists.
7512 - News
Hackers drained 193,000 SOL from SwissBorg’s Solana Earn program after a Kiln API was compromised, affecting 1% of users and 2% of assets.
8648 - News
Cybersecurity firm HiddenLayer has warned of a new virus that can inject malicious prompts into Cursor — an AI coding tool developers use worldwide.
4405 - News
Victim Kuan Sun praised Venus and partners after $13.5M recovery, calling it “a battle we actually won” through joint efforts.
2409 - Opinion
Traditional compliance can’t keep up with 24/7 crypto markets — AI-native systems embedded at the core offer real-time risk detection and scalable solutions.
1676 - News
Venus Protocol paused the platform to conduct security reviews but said the $13.5 million loss was not linked to a flaw in its contracts.
3599 - News
A flaw in Bunni’s custom liquidity logic allowed an attacker to drain about $2.4 million in stablecoins, prompting the platform to pause all contracts.
3517 - News
Kronos Research CEO Hank Huang tells Cointelegraph that crypto exploits often rise alongside crypto prices as hackers try to cash in on the boom.
21500 - News
A former BJP legislator and 11 police officials have been convicted for the 2018 abduction of a Surat businessman in a plot to seize over 750 Bitcoin.
25791 - News
AI company Anthropic warns its AI chatbot Claude is being used to perform large-scale cyberattacks, with ransoms exceeding $500,000 in some cases.
8101