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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Foom Cash lost $2.26 million in an exploit tied to a Groth16 verifier misconfiguration, but a white hat recovered $1.84 million of the funds.
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Deputy Prime Minister Koo Yun-cheol ordered an inter-agency review of seized crypto wallets after the National Tax Service exposed a seed phrase in a press release.
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Mark Karpelès said it has been 12 years since the start of Mt. Gox’s bankruptcy proceedings and “this is probably the last sore point on this whole case.”
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South Korea’s National Tax Service reportedly published a wallet seed phrase in a press release, and tokens worth $4.8 million were swiftly drained in the latest custody blunder for the authorities.
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Police seized the Bitcoin in 2021 but stored it in a third-party wallet, which was later accessed by unauthorized parties, with the loss remaining undiscovered for four years.
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A new Chainalysis report suggests ransomware attackers are “working harder for diminishing returns” as regulatory pressure and refusals to pay have hurt ransom proceeds.
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Solana DeFi aggregator Step Finance says it was “unable to secure a viable outcome” after a $40 million treasury wallet breach in January.
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Long-term trust-building tactics power pig-butchering crypto scams, the fastest-growing fraud threats today.
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IoTeX said it is assessing suspicious activity tied to a token safe, coordinating with exchanges to trace funds after analysts linked the incident to a possible private key compromise.
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Local media reported that the stolen 320 Bitcoin was returned to a wallet controlled by authorities, with the unknown hacker seemingly having a sudden change of heart.
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Address poisoning works by cluttering your transaction history with fake entries, tricking you into sending funds to a scammer’s address by mistake.
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The exploit saw the Moonwell protocol exploited for $1.78 million after cbETH was mispriced at $1.12 instead of about $2,200, intensifying debate around AI-co-authored smart contracts.
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Social engineering and impersonation-related scams were the most frequent attack vectors targeting crypto investors in AMLBot’s investigations last year.
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Mandiant, which operates under Google Cloud, has tracked the suspected North Korean scammers since 2018, and AI has helped scale up malicious attacks since November 2025.
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