News
The breach occurred as Upbit’s parent company, Dunamu, sealed a $10 billion acquisition deal with Naver and plans an initial public offering in the US.
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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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A suspected airdrop farmer burned through their entire $112,000 of MON rewards in hundreds of failed transaction attempts.
2123 - News
A researcher warned that more than 400 NPM libraries, including at least 10 crypto packages mostly tied to ENS, were compromised by Shai Hulud malware.
6352 - News
Alert: A WhatsApp worm is spreading a banking trojan in Brazil, targeting crypto wallets and financial logins.
8847 - News
Private key theft has become an automated, industrialized threat, highlighting the need for crypto users to remain vigilant, according to a report by GK8, a subsidiary of Galaxy Digital.
4599 - News
After announcing the “largest forfeiture action” in the history of the DOJ, the US faces questions about how it accessed the over 127,000 Bitcoin stolen from the LuBian mining pool.
5201 - News
The DAO behind the exchange issued an onchain warning to those responsible for a major exploit: Return the funds for a bounty or face the consequences.
4573 - Newsletter
Balancer and Stream Finance incidents totaling over $200 million shook DeFi as RedStone and major Ethereum protocols launched reform initiatives.
5539 - News
Ethereum smart account wallet platform SafeWallet has rearchitected its systems in the wake of the infamous $1.5 billion theft of ETH from Bybit.
3334 - Explained
When your crypto is stolen, a rapid and organized response is crucial to trace the funds and rebuild your digital security.
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The $116 million Balancer exploit appears to have been months in the making, with the attacker utilizing Tornado Cash and advanced methods to evade detection.
7547 - News
Reports showed four security companies conducted 11 audits of Balancer’s smart contracts starting in 2021, but a bad actor was still able to drain millions in staked Ether.
3698 - News
DeFi protocol Balancer is the target of an ongoing exploit, with more than $116 million in staked Ether tokens transferred to a new wallet.
5553 - News
The transfer came a day after the US DOJ unsealed an indictment against Prince Holding Group, which allegedly used LuBian to launder illicit funds.
8948 - News
Monad co-founder Keone Hon warned users to stay vigilant after fake links appeared as Telegram ads in its official announcements channel.
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