Hack

Hack

Tech

A hacker turned 25 cents of bitcoin into 46 billion fake BTC tokens on a DeFi bridge

Two software bugs allowed the attacker to create more than 2,000 times Bitcoin’s maximum supply in unbacked syBTC. Symbiosis puts preliminary losses at 9.97 BTC.

Hackers. Data and security breach. (Kevin Horvat on Unsplash)

Finance

How a simple coding mistake let a hacker drain $7.8 million from a crypto wallet

Security firms traced the $7.8 million loss to a helper contract the wallet owner had authorized, not to Safe itself.

Hackers. Data and security breach. (Kevin Horvat on Unsplash)

Finance

Cronos executes controversial blockchain rollback to recover crypto worth $111 million

Validators rolled back nearly two hours of blockchain history to recover user assets. But the attackers still managed to get away with $9.19 million before Cronos halted the network.

Blockchain (Shubham Dhage/Unsplash)

Tech

CrowdStrike and federal authorities dismantle Russian malware that secretly stole crypto for 8 years

Russia-based Sality watched for copied bitcoin and Ethereum addresses and quietly replaced them with the attacker’s. CrowdStrike and law enforcement have now isolated more than 15,000 infected machines.

(Shutterstock)

Markets

Ethereum lending app Term Finance loses $8.5 million after attacker buys voting power

The exploit shows how lightly held voting tokens can become a means of attack when control of a protocol is cheaper than the assets it governs.

Critics say Russia's blockchain voting system is a black box.

Web3

Web3 gaming network Sandbox stops Base and BNB chain bridging after exploit

The Sandbox disabled bridging on affected networks to isolate tokens and warned users not to trade SAND on Base and BNB, citing an impact of under 0.01% of supply.

(The Sandbox)

Tech

A year after losing $1.46 billion, Bybit says AI helped it save $700 million

The exchange that lost $1.46 billion to North Korean hackers is the first large centralized firm to put numbers on a claim bitcoin developers have been making all month.

Bybit logo on a mobile phone. (appshunter.io/Unsplash)

Finance

BitMart founder dismisses calls for audit as users report blocked funds, unpaid employees

Sheldon Lee said a Chinese-language X account making the claims was hacked. Users want wallets, assets and liabilities disclosed.

A figure wearing a red hoody (Sebastiaan Stam/Unsplash)

Tech

Israel’s largest crypto broker Bits of Gold hit by data breach affecting 200,000 customers

Funds and digital assets were not touched, but names, bank account details, and national ID numbers may have been exposed in what the company says was a wider global attack.

Hackers. Data and security breach. (Kevin Horvat on Unsplash)

Finance

MiCA's cleanup is creating a new scam wave across the European Union

Fraudsters impersonating regulators and licensed crypto exchanges to steal funds from users forced to migrate their accounts after the EU's MiCA deadline are on the rise.

Hackers and scammers. (Boitumelo/Unsplash)