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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CertiK co-founder Ronghui Gu told Cointelegraph that it’s “inexcusable” the industry faces continued SIM-swap and multisig failures, as previous incidents alrea...

Security audits ‘not enough’ as losses reach $1.5B in 2023, security professional says

2023-11-29T09:59:58+00:00

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The DeFi platforms Velodrome and Aerodrome took to social media to warn users that the front-ends for both platforms were under attack from malicious actors.

Aerodrome and Velodrome DeFi platforms experience front-end hacks

Savannah Fortis

2023-11-29T09:56:17+00:00

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The exploiter behind the $46 million KyberSwap hack says they plan to outline a treaty for the potential return of funds on Nov. 30, but not if threats and host...

KyberSwap DEX hacker sends an on-chain message: Be nice, or else

Brayden Lindrea

2023-11-29T04:56:52+00:00

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“We hope you can remember us as the best drainer that has ever existed,” wrote the scam-as-a-service wallet drainer.

Inferno Drainer says it’s shutting down after helping steal $70M in crypto

2023-11-26T23:58:00+00:00

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In an X thread, Laurence Day, a former core contributor, detailed the efforts of the Indexed community in overcoming two hijacking attempts on the remaining tre...

Indexed Finance thwarts hijackers, set to compensate 2021 hack victims

Amaka Nwaokocha

2023-11-26T11:44:41+00:00

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The Blast team responded to claims that its multisignature upgrade functionality makes it too centralized.

Blast network hits $400M TVL, rebuts claim that it’s too centralized

2023-11-24T21:36:59+00:00

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Australia’s tax regulator did not clarify whether investors must pay taxes on liquid staking or transfer to layer-2 bridges.

KyberSwap attacker used ‘infinite money glitch,’ Australia’s tax agency won’t clarify DeFi rules: Finance Redefined

2023-11-24T20:00:00+00:00

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“On the table is a bounty equivalent to 10% of users’ funds taken from them by your hack,” said KyberSwap to its hacker in an on-chain message.

KyberSwap hacker offers $4.6M bounty for return of $46M loot

2023-11-24T11:29:07+00:00

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