Hacks

Hacks

Consensus Magazine

This Is How Scammers Can Drain Your Crypto Wallet

Scammers use a variety of techniques to steal users’ money, some of which only require knowing your wallet address, a Forta Network researcher said.

A computer popup box screen warning of a system being hacked, compromised software enviroment. 3D illustration. (Getty Images)

Consensus Magazine

Police in Estonia and Kazakhstan Investigate Atomic Wallet Hack

CEO Konstantin Gladych told CoinDesk Atomic is cooperating with law enforcement after a multi-million dollar exploit of the non-custodial wallet.

Police

Consensus Magazine

Atomic Wallet Was Breached by North Korean Hackers: Elliptic

Wallets that siphoned Atomic users' funds are connected to the known Lazarus group's addresses, crypto tracing firm said.

(boonchai wedmakawand/Getty Images)

Opinyon

Bridge Exploits Cost $2B in 2022, Here’s How They Could Have Been Averted

The bridges that are essential to our multi-chain cryptoverse are vulnerable to hacks. But an analysis of some of the biggest exploits of the past year reveals that applying multiple security measures in combination could have blocked the attacks, writes Gnosis co-founder Martin Köppelmann.

New York City street view of multiple bridges and overpasses (Red Morley Hewitt/Unsplash)

Tech

Crypto Investors Lost $54M to Rugpulls, Scams in May: Blockchain Security Firm De.Fi

May saw fewer exploits than April, suggesting better security practices among crypto users and developers.

Two RPC interfaces for Polygon and Fantom were impacted in a DNS hijack attack. (Mika Baumeister/Unsplash)

Tech

Tornado Cash DAO Attacker Starts to Move Ether, TORN Tokens

The attacker holds over 20 ether in their wallet, and continues to have access to potentially all of Tornado Cash’s treasury funds as of Thursday.

A illustrative example of a Tornado. (NOAA)

Consensus Magazine

Crypto Hacks Are Down and Hackers Tend to Return Stolen Money: TRM Labs Report

The sanctions against Tornado Cash, as well as last year's arrest of the Mango Markets infiltrator, motivate hackers to return their loot, researchers believe.

A shadowy figure scrutinizes a computer screen. (Mika Baumeister/Unsplash)

Consensus Magazine

CoinDesk Turns 10: The Legacy of Mt. Gox – Why Bitcoin’s Greatest Hack Still Matters

The fall of the Japanese exchange in 2014 caused 750,000 bitcoin to go missing, putting crypto’s future in doubt. The event reverberates to this day, says Jeff Wilser.

Mt. Gox Creditor Kolin Burges confronts Former Mt. Gox CEO Mark Karpeles (CoinDesk)

Tech

DEX Merlin and CertiK Plan to Compensate $2M to Users Impacted in Rug Pull

A rogue developer behind the hyped launch allegedly conducted the rug pull on Wednesday.

Digitally altered photo of a dollar bill (Ryan Quintal/Unsplash, Modified by CoinDesk)

Pananalapi

LI.FI and InsurAce Pitch Protection for Moving Crypto Between Blockchains

LI.FI partnered with risk cover protocol InsurAce to provide protection for users who are bridging their cryptoassets from one blockchain to another.

Busan, South Korea (Getty Images)