Cryptocurrency Hack
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$6.3-Billion Binance Crypto Hack: What We Know So Far
Confirming the incident, Binance said that it was working to resolve a "complex attack".
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Oasis DeFi App Banishes Sanctioned Wallet Holders, Withholds Access to Application
Oasis, a decentralised finance (DeFi) platform on Thursday, August 12 announced that it is blocking crypto wallets that are sanctioned and marked as high risks by the government. Oasis is also tightening scrutiny around wallets that have a history with receiving funds via crypto mixers such as Tornado Cash. The step comes in the backdrop of back-to...
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Audius Loses 18 Million Audio Tokens to Hacker Who Exploited Malicious Governance Proposal
Audius, a decentralised music platform lost 18 million of its community tokens in a hack attack over the weekend. While the total cost of the transferred tokens exceeded $6 million (roughly Rs. 47 crore), the hacker managed to earn only a smaller chunk after dumping and selling the stolen tokens for $1.8 million.
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NFT Project ‘Moonbirds’ Under Hack Attack, Digital Collectibles Worth $1.5 Stolen So Far
The Moonbirds NFT project, that launched around a month ago, is facing a phishing attack via Twitter. Members of the NFT community are alerting others on Twitter against clicking any unknown link. As of now, 29 digital collectibles worth ETH 750 (roughly Rs. 11 crore) have already been stolen.
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Bored Ape Yacht Club Instagram, Discord Hacked, NFTs Worth $13.7 Million Stolen
The Instagram handle and Discord server of the Bored Apes Yacht Club NFTs was hacked on April 15. The hacker posted a fraudulent link to a copycat of the Bored Ape Yacht Club website and asked users to connect their MetaMask to the scammer's wallet to participate in a fake airdrop. An investigation has been opened in the case. Over $13 million (rou...
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Hack Drains $182 Million from Beanstalk Stablecoin Protocol, Hacker Donates Funds to War-Torn Ukraine
Beanstalk stablecoin protocol lost $182 million (roughly Rs. 1,389 crore) in ETH and native BEAN crypto tokens after hackers exploited a security flaw in its new code upgrades. The protocol’s reimbursement plans for the victims of this attack remain unclear. A chunk of the stolen funds have been donated by the holder to a Ukrainian relief wallet.
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Hackers Loot Nearly $600,000 From Li Finance Blockchain Protocol Users; Polygon, USD Coin Among Stolen Assets
Hackers churned out nearly $600,000 (roughly Rs. 4.5 crore) from 29 wallets supported by the Li Finance (LiFi) blockchain protocol. The affected wallets are being reimbursed. Polygon, Tether, and USD Coin were among the stolen altcoins. The incident adds to the elongating list of hackers targeting the crypto sector for thefts.
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Crypto.com User Accounts Breached by Hackers, ETH Worth $15 Million Stolen From Exchange
Crypto.com was breached by hackers, leading to major loss of funds stored in Ether. While an investigation has been initiated in the case, CEO Kris Marszalek claims to have hardened its security infrastructure following the hack attack. Details on the type of hack remains unknown.
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Critical Vulnerability in Polygon Network Fixed, Native MATIC Coins Worth $24 Billion Saved
Earlier in December, a bug crept into Polygon’s network’s Proof-of-Stake (PoS) Genesis contract, making it vulnerable to cyber risks. The issue was spotted by whitehat hackers after which the Polygon foundation deployed fixes.
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Vulcan Forged Game Hacked, Crypto Assets Worth $140 Million Stolen
Vulcan Forged gaming ecosystem allows users to earn and store crypto assets from its game offerings. The servers of this ecosystem were breached by hackers, leading to the loss of users' stored crypto assets worth a total of $140 million (roughly Rs. 1,062 crore).
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Cryptocurrency Exchange Bitmart Allegedly Loses Nearly $200 Million-Worth Assets in Hack
While $100 million (roughly Rs. 754 crore) worth of the stolen crypto assets were on Ethereum blockchain, the remaining $96 million (roughly Rs. 724 crore) were based on the Binance Smart Chain.
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Crypto Attacks Are Rising as Rogue Miners Exploit Flaw
One of the most-feared quirks of cryptocurrencies is becoming more of a headache.
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$6.3-Billion Binance Crypto Hack: What We Know So Far
Confirming the incident, Binance said that it was working to resolve a "complex attack".
-
Oasis DeFi App Banishes Sanctioned Wallet Holders, Withholds Access to Application
Oasis, a decentralised finance (DeFi) platform on Thursday, August 12 announced that it is blocking crypto wallets that are sanctioned and marked as high risks by the government. Oasis is also tightening scrutiny around wallets that have a history with receiving funds via crypto mixers such as Tornado Cash. The step comes in the backdrop of back-to...
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Audius Loses 18 Million Audio Tokens to Hacker Who Exploited Malicious Governance Proposal
Audius, a decentralised music platform lost 18 million of its community tokens in a hack attack over the weekend. While the total cost of the transferred tokens exceeded $6 million (roughly Rs. 47 crore), the hacker managed to earn only a smaller chunk after dumping and selling the stolen tokens for $1.8 million.
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NFT Project ‘Moonbirds’ Under Hack Attack, Digital Collectibles Worth $1.5 Stolen So Far
The Moonbirds NFT project, that launched around a month ago, is facing a phishing attack via Twitter. Members of the NFT community are alerting others on Twitter against clicking any unknown link. As of now, 29 digital collectibles worth ETH 750 (roughly Rs. 11 crore) have already been stolen.
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Bored Ape Yacht Club Instagram, Discord Hacked, NFTs Worth $13.7 Million Stolen
The Instagram handle and Discord server of the Bored Apes Yacht Club NFTs was hacked on April 15. The hacker posted a fraudulent link to a copycat of the Bored Ape Yacht Club website and asked users to connect their MetaMask to the scammer's wallet to participate in a fake airdrop. An investigation has been opened in the case. Over $13 million (rou...
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Hack Drains $182 Million from Beanstalk Stablecoin Protocol, Hacker Donates Funds to War-Torn Ukraine
Beanstalk stablecoin protocol lost $182 million (roughly Rs. 1,389 crore) in ETH and native BEAN crypto tokens after hackers exploited a security flaw in its new code upgrades. The protocol’s reimbursement plans for the victims of this attack remain unclear. A chunk of the stolen funds have been donated by the holder to a Ukrainian relief wallet.
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Hackers Loot Nearly $600,000 From Li Finance Blockchain Protocol Users; Polygon, USD Coin Among Stolen Assets
Hackers churned out nearly $600,000 (roughly Rs. 4.5 crore) from 29 wallets supported by the Li Finance (LiFi) blockchain protocol. The affected wallets are being reimbursed. Polygon, Tether, and USD Coin were among the stolen altcoins. The incident adds to the elongating list of hackers targeting the crypto sector for thefts.
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Crypto.com User Accounts Breached by Hackers, ETH Worth $15 Million Stolen From Exchange
Crypto.com was breached by hackers, leading to major loss of funds stored in Ether. While an investigation has been initiated in the case, CEO Kris Marszalek claims to have hardened its security infrastructure following the hack attack. Details on the type of hack remains unknown.
-
Critical Vulnerability in Polygon Network Fixed, Native MATIC Coins Worth $24 Billion Saved
Earlier in December, a bug crept into Polygon’s network’s Proof-of-Stake (PoS) Genesis contract, making it vulnerable to cyber risks. The issue was spotted by whitehat hackers after which the Polygon foundation deployed fixes.
-
Vulcan Forged Game Hacked, Crypto Assets Worth $140 Million Stolen
Vulcan Forged gaming ecosystem allows users to earn and store crypto assets from its game offerings. The servers of this ecosystem were breached by hackers, leading to the loss of users' stored crypto assets worth a total of $140 million (roughly Rs. 1,062 crore).
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Cryptocurrency Exchange Bitmart Allegedly Loses Nearly $200 Million-Worth Assets in Hack
While $100 million (roughly Rs. 754 crore) worth of the stolen crypto assets were on Ethereum blockchain, the remaining $96 million (roughly Rs. 724 crore) were based on the Binance Smart Chain.
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Crypto Attacks Are Rising as Rogue Miners Exploit Flaw
One of the most-feared quirks of cryptocurrencies is becoming more of a headache.
