Hack


Finance

FBI Asks DeFi Platforms to Increase Security Measures, Warns Crypto Investors Against Vulnerabilities

The warning comes after a slew of DeFi hacks this year, which has led to investors losing billions of dollars worth of crypto.

The FBI has warned investors against the vulnerabilities in DeFi platforms. (Shutterstock)

Tech

LooksRare Fork Sudorare Rugs for $800K Despite Crypto Twitter Warnings

Developers behind the project deleted Sudorare’s social media channels and its website on Tuesday morning.

(Kevin Ku/Unsplash)

Tech

Ronin Hackers Converted Some Stolen Ether to Bitcoin: SlowMist Researcher

The exploiters converted their ill-gotten gains initially to ether and then to bitcoin before using sanctioned mixers to mask their identities.

A researcher at security firm SlowMist said the attackers behind the Ronin bridge exploit converted part of their stolen funds from ether to bitcoin. (Utagawa Kunisada and Sadahide/Creative Commons, modified by CoinDesk)

Tech

Acala Stablecoins Near $1 Peg After Community Burns 1.2B aUSD Minted by Exploiters

Developers said trace reports were underway to identify the transactions performed by the 16 wallet addresses connected to the exploit.

(eswaran arulkumar/Unsplash)

Tech

DeFi Platform Acala’s Stablecoin Falls 99% After Hackers Issue 1.3B Tokens

A bug in the protocol’s newly deployed iBTC-aUSD liquidity pool left the door wide open for hackers to exploit.

The Polkadot pavilion on the Promenade at the World Economic Forum in Davos, Switzerland (Sandali Handagama/CoinDesk)

Tech

Crypto Exchange Binance Recovers $450K Stolen From DeFi Protocol Curve.Finance

The world's largest exchange is working with law enforcement to return the funds.

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Tech

'Copycats' Stole $88M During Nomad Exploit by Copying Attacker's Code: Coinbase

Over 88% of the addresses involved in the $190 million Nomad attack likely belonged to users copying a code that was initially used by the exploiters.

Elliptic says RenBridge was used to launder $540 million in illicit funds. (Charlie Green/Unsplash)

Tech

Analytics Firm Elliptic Says RenBridge Was Used to Help Launder $540M of Illicit Crypto Funds

Around a third of the sum laundered with the help of the cross-chain bridge is believed to be proceeds from ransomware attacks by North Korean hackers, according to Elliptic.

Elliptic says RenBridge was used to launder $540 million in illicit funds. (Charlie Green/Unsplash)

Finance

Crypto Wallet Provider Phantom Says Its Systems Were Not Compromised in $4M Hack

After a nearly week-long investigation, its team found no vulnerabilities that could explain the exploit.

(fizkes/Getty Images/iStockphoto)

Finance

DeFi Protocol Curve.Finance Gets Hacked and $570K Is Stolen

The source of the hack has been “found and reverted,” according to the protocol. 

(vlastas/iStock/Getty Images Plus)