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.
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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.
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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.
6533 - 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.
10548 - News
The Cetus hack saw $223 million in user funds stolen, most of which has been frozen by Sui network validators and ecosystem partners.
4806 - Analysis
AI agents are increasingly embedded into financial industries, including crypto, but the industry has yet to experience the security vulnerabilities hidden in them.
3695 - News
A US judge vacated Mango Markets exploiter’s fraud convictions, ruling the DeFi protocol’s permissionless design left no room for misrepresentation.
9095 - Explained
Curve Finance attackers used DNS hijacking to exploit its front end, redirecting users to a fake site and draining wallets.
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Sui-based DEX Cetus offered the hacker a $6 million white hat bounty offer as the protocols are trying to recover the stolen $220 million, with $162 million remaining frozen.
7929 - News
The Coinbase hacker mocked ZachXBT onchain after swapping about $42.5 million from Bitcoin to Ethereum via THORChain.
14439 - News
Trugard and Webacy have launched a machine learning–powered AI tool to detect crypto wallet address poisoning, claiming a 97% success rate.
7678 - Explained
$330 million in crypto was stolen from an elderly US citizen using social engineering. The tactic has emerged as a severe threat to regular crypto users.
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US officials are reportedly investigating a data breach that caused many social engineering attacks against Coinbase users and prompted a slew of lawsuits.
10110 - News
Chinese printer maker Procolored reportedly spread clipboard-hijacking Bitcoin malware via its official drivers in a supply chain attack that led to over $950,000 in stolen funds.
30854 - Explained
Crypto DaaS platforms empower scammers with turnkey tools to steal funds. These have now become a bigger threat than ransomware.
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Authorities in New Zealand arrested 13 people in a $265 million crypto fraud probe, with one Wellington man indicted under US racketeering laws.
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