Hyperbridge has raised its loss estimate from $237,000 to $2.5 million after a Token Gateway exploit, with some funds traced to Binance.
A fake Ledger app on Apple's App Store drained $9.5M from more than 50 victims across Bitcoin, Tron and Solana, ZachXBT said.
The attackers obtained videos showing Kraken support staff accessing internal client support systems and limited client data.
Upbit and Bithumb have since temporarily suspended deposits and withdrawals of Polkadot's DOT, citing signs of a security incident.
Americans 60 and older accounted for $4.4 billion of those crypto losses across 44,555 complaints, nearly double the next-closest age group.
Authorities disrupted more than 120 cryptocurrency fraud domains, cutting off key infrastructure used to target victims.
With "medium-high" confidence, Drift and the SEAL 911 team assess the operation was run by the same North Korean actors behind the Radiant Capital hack.
HypurrFi alerted users against interacting with its website and lending platform while it investigates a potential domain hijacking.
The Law on Anti-Technology Fraud introduces five new offenses aimed at rooting out modern online scams and crimes.
ZachXBT cites over a dozen cases involving over $420 million, the most recent being the Drift Protocol exploit worth more than $280 million.
Safenet aims to prevent common security lapses, attack vectors, and transaction errors, like phishing schemes or malicious code deployments.
Drift said Wednesday's $280 million exploit was a result of unauthorized transaction approvals, facilitated through durable nonce mechanisms.
The exploit, which started over two hours ago, seems to be targeting multiple Drift vaults, totaling at least $200 million.
A significant portion of the losses came from an exploit on Resolv Labs, which lost $25 million worth of USR stablecoins.
The autonomous bots are trained on Chainalysis' massive, proprietary dataset built from over a decade in business.
Resolv Labs gave the exploiter 72 hours to return 90% of $25 million in stolen funds, offering a 10% settlement bonus.
Its co-founder, Fernando Martinelli, said the protocol will continue to operate after restructuring to attain a 'lean' economic model.
A crypto hack never ends when the wallet is drained. The theft lands first, fast and visible, and then a slower collapse starts to work through the rest of the project. The token keeps sliding, the treasury shrinks with it, hiring plans get cut back, product deadlines move, partners pull away, and the company that […]
The post Why crypto hacks don’t end and continue even when the money is gone appeared first on CryptoSlate.
Analysts traced the flaw to a privileged minting role controlled by a single externally owned account with no mint limits or oracle checks.
“The real question is not ‘Can AI replace humans?’ but ‘How should humans and AI work together?’” BlockSec co-founder Yajin Zhou said.
OpenClaw creator Peter Steinberger warned that any crypto-themed outreach invoking the AI platform should be treated as fraudulent.
Bitrefill said attackers accessed 18,500 purchase records, potentially revealing “limited customer information."
The attack used a donation mechanism to bypass Venus's supply cap, a similar mechanism to the infamous Mango Markets exploit in 2022.
Ledger's Donjon team exposed a MediaTek Android flaw enabling attackers to extract PINs and wallet seed phrases in seconds.
Cyvers estimates there are more than one million address-poisoning preparations per day on Ethereum, a tactic Trust Wallet said its new feature aims to prevent.
Etherscan shows that 78 NFTs were drained across about 40 transactions to an address now labeled as GONDI Exploiter.
The Solv Protocol team said it would cover the losses from the "limited exploit," totaling about $2.7 million for about 10 users.
PeckShield reported that February hacking losses fell 98.2% year-over-year to $26.5 million across 15 incidents.
Raullen Chai, IoTeX co-founder and CEO, told CoinDesk he would not press charges if the stolen assets or its equivalent is returned within 48 hours.
IoTeX co-founder Raullen Chai said losses are "significantly lower" than circulating estimates, but has not provided a specific figure.