News
Emblem Vault CEO Jake Gallen says he lost over $100,000 in digital assets after a suspicious meeting on Zoom.
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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.
- Investigation
A $4.5-million HEX hack shook its staking ecosystem and exposed a web of phishing, laundering and wallet-draining operations.
3101 - News
A white hat MEV operator front-ran a malicious transaction involving $2.6 million in crypto assets from the Morpho Blue protocol.
5109 - News
Cybersecurity researchers identified the exploit in several npm software packages, including the pdf-to-office code bundle.
3747 - News
Bybit’s market share rebounded to its pre-hack levels of over 7% despite a broader macro “de-risking” among cryptocurrency investors.
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Threat researcher Vladimir Sobolev told Cointelegraph that there’s been a rise in fraudulent MEV bot tutorials, leading users to lose their funds.
3273 - Opinion
Centralized exchanges remain vulnerable to massive breaches, but with self-custody evolving, people can protect their crypto holdings with advanced security features.
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Most WazirX creditors voted to approve the crypto exchange’s post-hack restructuring plan, paving the way for repayment through a mix of liquid assets and recovery tokens.
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Messaging apps gather users’ data and violate their privacy. Session co-founder Kee Jeffreys says encryption and decentralization are the solution.
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Over $2 billion was lost to crypto hacks in Q1 2025, with Bybit's $1.4 billion exploit leading the surge in access control attacks.
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Open-source platform UPCX lost $70 million worth of tokens due to unauthorized access. The team suspended operations while they investigated the breach.
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Crypto hacks totaled $1.63 billion in Q1 2025, up 131% year over year, with the Bybit breach alone accounting for 92% of the losses.
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The zkLend hacker said they were “devastated” after sending $5.4 million in Ether to a fake version of Tornado Cash, according to onchain messages.
4918 - News
A day after SIR.trading was hacked for $355,000, the protocol’s founder pleaded for the hacker to return a portion of the stolen funds.
3148 - Analysis
US President Donald Trump’s trade war is affecting crypto markets, where his own family has significant investments. Meanwhile, DeFi hacks are costing the industry.
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