News
The threat actor manipulated the platform by using Thena tokens to bypass the maximum supply cap and borrow several different digital assets.
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Hacks News
Hacks have become prevalent in the digital age, encompassing various sectors and technologies. In the realm of decentralized finance (DeFi), where financial services operate on blockchain networks without traditional intermediaries, the risks of hacks are particularly notable. DeFi platforms, built on smart contracts, are susceptible to vulnerabilities, leading to significant financial losses.
DeFi hacks frequently take advantage of smart contract flaws, allowing hackers to change code and steal money. These incidents show that to strengthen DeFi protocols, thorough security audits and ongoing testing are required. A frequent type of DeFi hack is a flash loan attack, which entails borrowing a sizable amount in a single transaction, tampering with market prices and making money off of the ensuing price imbalances.
Conventional hacks, on the other hand, focus on databases, wallets or centralized exchanges. Phishing attempts deceive people into disclosing private information, which allows unwanted access. Hackers also frequently use ransomware, malware and distributed denial-of-service attacks to compromise digital assets and interfere with services.
Preventing hacks requires a combination of robust cybersecurity practices, regular audits and user education. As the digital landscape evolves, vigilance and proactive measures are essential to mitigate the risks associated with hacking incidents, ensuring the security of online assets and financial transactions.
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Sweden is investigating a reported leak tied to CGI Sverige after hackers claimed they exposed source code from the country’s e-government platform.
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Bonk.fun warned users not to use its site after attackers hijacked the domain and pushed a fake wallet-draining prompt.
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The move to revive Solana ecosystem journalism comes after a $40 million treasury wallet breach at parent Step Finance led to its shuttering.
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Authorities sold the recovered Bitcoin in small batches over 11 days to avoid disrupting the market, according to local media reports.
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Gondi said only the Sell & Repay smart contract was affected and that it is safe to continue buying, selling, trading and listing NFTs on the platform.
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Crypto security researchers say the hacker exploited a bug allowing them to mint tokens, before swapping the freely-gained tokens for another tied to Bitcoin.
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Researchers say fake crypto websites deployed an iOS exploit kit capable of stealing wallet seed phrases and other financial data.
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Bybit says most of the $300 million “saved” came from users backing out after real-time warnings, highlighting how exchanges are shifting from recovery to preemptive fraud stops.
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The ClickFix technique gained popularity among crypto hackers last year, but security researchers have been tracking it since 2024, with targets spanning several industries.
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Foom Cash lost $2.26 million in an exploit tied to a Groth16 verifier misconfiguration, but a white hat recovered $1.84 million of the funds.
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Deputy Prime Minister Koo Yun-cheol ordered an inter-agency review of seized crypto wallets after the National Tax Service exposed a seed phrase in a press release.
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Mark Karpelès said it has been 12 years since the start of Mt. Gox’s bankruptcy proceedings and “this is probably the last sore point on this whole case.”
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South Korea’s National Tax Service reportedly published a wallet seed phrase in a press release, and tokens worth $4.8 million were swiftly drained in the latest custody blunder for the authorities.
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Police seized the Bitcoin in 2021 but stored it in a third-party wallet, which was later accessed by unauthorized parties, with the loss remaining undiscovered for four years.
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