Hack
Indian Crypto Exchange BitBNS Says Law Enforcement Advised Against Making Hack Public
A $7.5 million hack of the exchange in February 2022 was uncovered earlier this week by ZachXBT, a pseudonymous crypto sleuth.
Arbitrum DEX ArbiSwap Rug Pulls Users for Over $100K
ArbiSwap’s native ARBI tokens fell from $1.5 to a fraction of a cent in the past 24 hours.
Algorand Wallet MyAlgo Advises Users to Withdraw Funds After $9.6M Exploit
John Woods, chief technology officer of the Algorand Foundation, said 25 wallets were affected.
Crypto Con Artists Leave Trail of ‘Rip Deal’ Victims From Amsterdam to Rome
They invite you to a restaurant to ink an investment in your project, and then they vanish – with the contents of your crypto wallet. Scams have popped up over the last few years targeting crypto companies. European authorities are investigating.
Chainalysis Examines Crypto Hacks In the Bear Market
A new Chainalysis report reveals that last year was the biggest annual period ever for crypto hacks, with roughly $3.8 billion stolen from crypto businesses. Chainalysis Director of Research Kim Grauer breaks down the findings, saying, "there are certain types of crimes are really connected to the bear market."
Oasis Exploits Its Own Wallet Software to Seize Crypto Stolen in Wormhole Hack
The High Court of England and Wales ordered the crypto platform to reclaim the stolen funds.
BlockTower Capital Loses $1.5M in DeFi Market Aggregator Dexible Exploit: Blockchain Data
The hacker exploited a weakness in a smart contract code, allowing them to drain funds from certain crypto wallets. Crypto “whales” accounted for 85% of the losses.
How Solvency Check Error Led to USP Depegging on Avalanche-Based Platypus Finance
Platypus Finance’s native stablecoin fell to 48 cents from $1 earlier on Friday following the attack.
Hacking Crypto Wallets Is Latest Strategy in Quest to Recover Lost Billions
A company called Unciphered works to recover lost crypto funds by auditing code and finding vulnerabilities in wallets.
FTX Being Advised by Cybersecurity Firm Sygnia on Hack Inquiry, CEO Ray Says
The crypto exchange’s current chief executive blasted weak cybersecurity controls at the company under Sam Bankman-Fried’s leadership.
