Exploits

Exploits

Finance

IoTeX offers cross-bridge hackers 10% bounty if they return $4.4 million within 48 hours

Raullen Chai, IoTeX co-founder and CEO, told CoinDesk he would not press charges if the stolen assets or its equivalent is returned within 48 hours.

Bridge (Photo by Joshua Michaels on Unsplash/Modified by CoinDesk)

Finance

Specialized AI detects 92% of real-world DeFi exploits

New research claims specialized AI dramatically outperforms general-purpose models at detecting exploited DeFi vulnerabilities.

hackers (Modified by CoinDesk)

Finance

Trust Wallet users lose $7 million to hacked Chrome extension

Changpeng Zhao, a co-founder of Binance, which owns the utility, said the losses will be reimbursed.

A man holds open an empty leather wallet. (Andrew Khoroshavin/Pixabay)

Markets

Berachain Halts Network to Contain Balancer-Linked Exploit, Conduct ‘Emergency Hard Fork’

The pause allows developers to roll out an emergency hard fork aimed at isolating compromised contracts and recovering affected assets before resuming operations.

(Midjourney/Modified by CoinDesk)

Finance

Bunni DEX Shuts Down, Cites Recovery Costs After $8.4M Exploit

The team cannot afford the cost of relaunching the protocol, which would require significant investment in audits and development.

Fluffy bunny (Pablo Martinez/Unsplash)

Markets

Memecoins Under Pressure as SHIB, Dogecoin Slide After Shibarium Loses $2.4M in Hack

The BONE token involved in the flash loan attack has nearly erased the initial spike alongside losses in top memecoins.

(Minh Pham/Unsplash)

Tech

SwissBorg’s SOL Earn Wallet Exploited for $41.5M After Partner's API Is Compromised

Roughly 192,600 SOL was drained from a counterparty wallet tied to a SOL Earn product on Swissborg. The crypto exchange committed to making the losses whole.

A hand holds dollar flaming bills (JP Valery/Unsplash)

Finance

Tether Invests in Blockchain Forensics Firm Crystal Intelligence to Fight Crypto Crime

Tether aims to curb illicit use of its USDT stablecoin as cryptocurrency-related scams and fraud increase.

Nemo suffered $2.4M hack on Monday. (TheDigitalArtist/Pixabay)

Finance

Sui's Cetus DEX Is Back Online After $223M Exploit

Liquidity pools have been restored to between 85% and 99% of their original levels.

Under a low-light red lamp, a pair of hands types on a keyboard. (Wesley Tingey/Unsplash+)

Finance

$302 Million Lost to Crypto Scams, Hacks, and Exploits in May: CertiK

The largest attack was the $225 million exploit of the Cetus Protocol.

Under a low-light red lamp, a pair of hands types on a keyboard. (Wesley Tingey/Unsplash+)