News
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
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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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USR issuer Resolv Labs says its collateral pool remains intact after an exploit on Sunday that minted 80 million unbacked tokens and drove the US dollar stablecoin as low as $0.14.
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An attacker has exploited the Resolv USR stablecoin to mint 80 million tokens and has reportedly been able to cash out at least $25 million.
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Ghostblade is one of six malware tools in the "DarkSword" suite of malicious software designed to steal crypto private keys and user data.
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Beyond immediate losses, attacks often lead to prolonged downtime, liquidity shocks and confidence erosion, as interconnected DeFi systems amplify the impact across markets.
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Bitrefill didn’t reveal how much money was drained in the March 1 incident but said it will absorb the losses using its operational capital.
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The threat actor manipulated the platform by using Thena tokens to bypass the maximum supply cap and borrow several different digital assets.
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Sweden is investigating a reported leak tied to CGI Sverige after hackers claimed they exposed source code from the country’s e-government platform.
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Bonk.fun warned users not to use its site after attackers hijacked the domain and pushed a fake wallet-draining prompt.
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The move to revive Solana ecosystem journalism comes after a $40 million treasury wallet breach at parent Step Finance led to its shuttering.
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Authorities sold the recovered Bitcoin in small batches over 11 days to avoid disrupting the market, according to local media reports.
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Gondi said only the Sell & Repay smart contract was affected and that it is safe to continue buying, selling, trading and listing NFTs on the platform.
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Crypto security researchers say the hacker exploited a bug allowing them to mint tokens, before swapping the freely-gained tokens for another tied to Bitcoin.
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Researchers say fake crypto websites deployed an iOS exploit kit capable of stealing wallet seed phrases and other financial data.
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Bybit says most of the $300 million “saved” came from users backing out after real-time warnings, highlighting how exchanges are shifting from recovery to preemptive fraud stops.
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