Blockchain records indicate that the said address has sold numerous NFTs linked to Milady, including NFTx staked ones, and has transferred $1 million worth of Ether to another address.
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.
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The yield farming app was exploited through a possible private key compromise, according to a CertiK report.
5193NetMind AI claimed that the token crash was caused by an individual miner being hacked, not by a platformwide exploit.
32628The hackers illegally accessed funds on NFPrompt, including a portion of the NFP treasury and ecosystem fund.
1822Despite U.S. sanctions, North Korea’s Lazarus Group has resumed laundering stolen crypto funds through Tornado Cash.
2263Trust Wallet accounts created between Feb. 5 and Aug. 21, 2018 on iOS devices may still be vulnerable to exploits, according to cybersecurity research firm SECBIT Labs.
15400DeFi protocol Unizen announced that it will issue an immediate refund to users who lost their funds to an exploit this weekend.
5733The rug pull occurred hours after the Candy token’s launch.
3053From choosing a secure exchange to setting up DeFi protocols security, security sages have shared their top tips so you can keep crypto from falling into the wrong hands.
9091Over $200 million worth of cryptocurrency has been lost to hacks and rug pulls in 32 individual incidents so far this year.
7328Community members believe the exchange’s support team should have frozen the account before transferring funds.
15863Ethereum was the most targeted chain for hackers in 2024, accounting for 85% of the value lost in February.
1275The Seneca lending protocol was exploited through its ‘performOperations’ function, and over $6M of collateral was drained from it.
2273The hacker who gained access to around $6.4 million in ETH from the Seneca stablecoin exploit has returned over $5 million to the project after accepting a 20% bounty.
4517An attacker was able to get control of the Shido blockchain’s Ethereum staking contract and transfer out billions of Shido tokens, according to PeckShield.
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