Hack

Hack

Finance

Blockchain Protocol Nexera Suffers $1.8M Exploit, NXRA Tumbles 40%

The hacker is linked to a string of recent exploits.

(Kevin Ku/Unsplash)

Policy

Post WazirX Hack, India's CoinDCX Starts Investor Protection Fund With $6M

The decision comes in the wake of the $230 million hack on crypto exchange WazirX last month.

CoinDCX's co-founders Neeraj Khandelwal and Sumit Gupta (CoinDCX)

Tech

Terra Blockchain Restarts After $4M Exploit

A reentrancy attack briefly halted the network. It restarted after an “emergency” chain upgrade.

Crypto hacks, scams and exploits netted some $2 billion this year. (fikry anshor/Unsplash, modified by CoinDesk)

Policy

WazirX Co-Founder Nischal Shetty Says All Options Are on the Table for Fund Recovery

Shetty said that outreach efforts to different exchanges “are going to be crucial.”

WazirX CEO Nischal Shetty (WazirX)

Policy

WazirX Surveys Users on Recovery Options After $230M Hack, Leaves Customers and Industry Players Fuming

The Indian crypto exchange has put out a fresh statement clarifying that the poll was "not legally binding" and was a "preliminary step to understand" customer opinions.

WazirX CEO Nischal Shetty (WazirX)

Policy

WazirX Files Police Complaint After $230M Hack, Engages With India's Cyber Crimes Unit

WazirX said "many exchanges" were "cooperating" with them and that their immediate plans included "tracing the stolen funds, recovering customer assets, and conducting a deeper analysis of the cyber attack."

New Delhi, India (Unsplash)

Markets

Bitcoin, SHIB Trade at 30% Haircut on WazirX as Exploiter Converts Stolen Loot to Ether

The exchange blamed a data discrepancy with a custodial platform for having caused the transfer of assets. But popular members of the Indian crypto community aren’t buying that narrative.

hacker (Cybercrime / Getty Images)

Finance

Defi Protocol LI.FI Struck by $11M Exploit

The exploit is reported to be related to the LI.FI bridge.

(Kevin Ku/Unsplash)

Tech

Compound Finance, Celer Site Compromised in Phishing Attack

The website leads to a phishing page that could drain user funds, but the actual protocol remains unaffected.

(Kevin Ku/Unsplash)