News
A server-wide hack flooded Rainbow Six Siege with billions in credits, forcing an emergency shutdown and a major rollback operation.
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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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The Flow Foundation has been slammed for planning to roll back the layer 1 Flow chain to patch up a $3.9 million exploit, with one partner advising validators to stop processing transactions until further notice.
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From hacks and macro shocks to stablecoin regulation and market-structure upgrades, 2025 reshaped how crypto operates and what mainstream adoption really means.
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The malicious Trust Wallet extension has also been exporting users’ personal information, pointing to potential insider activity, according to cybersecurity company SlowMist.
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Zhao urged the blockchain industry to adopt new security measures, including scam address blacklist, after an investor lost $50 million to an address poisoning scheme.
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Some Polymarket users reported that their accounts had been breached and drained, which the prediction market blamed on a third-party provider.
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The hard fork on Monday followed a majority of Gnosis validators adopting a soft fork in response to a November Balancer exploit, in which about $116 million in crypto was stolen.
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Concerns about code vulnerabilities are fading in the crypto space, but more sophisticated scam tactics are emerging as protocol security improves.
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A user lost nearly $50 million in USDt after copying a poisoned wallet address from transaction history, showing how subtle address spoofing can trick users.
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Forensic analysis suggests an attacker took control of a whale’s multisig wallet minutes after creation and has been slowly draining funds since.
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Three major incidents accounted for the majority of crypto losses in 2025, while upgraded security across DeFi protocols managed to keep hackers at bay, according to Chainalysis.
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Binance refutes claims that it froze only 17% of the funds it received that were linked to the Upbit hack, which raised questions over how exchanges act on cross-border law enforcement.
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SlowMist’s Yu Xuan advised high-profile users to prune contacts, rotate passwords and act fast on alerts to reduce WeChat takeover risks.
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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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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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