News
South Korea plans to hold crypto exchanges to the same no-fault compensation standards as banks after an Upbit hack exposed major gaps in consumer protection.
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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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Ledger says it was able to gain “full and absolute control” over a smartphone by using electromagnetic pulses to take over its chip.
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Commercial AI models were able to autonomously generate real-world smart contract exploits worth millions; the costs of such attacks are falling rapidly.
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New technologies, such as artificial intelligence, will only make bad actors more efficient and their attacks more sophisticated in 2026, cybersecurity company AhnLab predicts.
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The proposal details how $8 million recovered from the $116 million November hack would be distributed to victims.
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A malicious Chrome extension called Crypto Copilot lets users trade Solana directly from X but secretly skims a small portion of the transaction.
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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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A suspected airdrop farmer burned through their entire $112,000 of MON rewards in hundreds of failed transaction attempts.
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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.
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The Cardano blockchain network suffered a temporary chain split on Friday due to an old software bug triggered by an abnormal transaction.
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Some users viewed the asset reallocation as an alarming sign of the platform’s ability to blacklist user funds without requiring a governance proposal.
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Alert: A WhatsApp worm is spreading a banking trojan in Brazil, targeting crypto wallets and financial logins.
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Mt. Gox just moved 10,608 BTC worth $953 million, its first big transfer in months, as $4 billion in creditor repayments stay delayed until October 2026.
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A malicious “Safery: Ethereum Wallet” extension is currently live on the Chrome Web Store, using a crafty backdoor to exfiltrate seed phrases. Here's how it works.
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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.
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