A British hacker tied to the $243 million Genesis creditor theft has possibly been arrested in Dubai, according to onchain sleuth ZachXBT.
The vulnerability requires physical access, but underscores risks for users who store private keys on their smartphones.
"Code is Law" co-director James Craig and Wildcat Finance co-founder Lawrence Day discuss their experiences with, and the consequences of, major DeFi hacks.
Yearn Finance lost about $9 million in an exploit on Sunday, after an attacker was able to mint a near-infinite amount of yETH tokens.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The complex attack took place in a single transaction, and appears to have involved liquid staking tokens from across the Ethereum ecosystem.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Upbit said it discovered a vulnerability that could have allowed attackers to infer private keys from onchain wallet data.
Six white hat actors recovered $3.86 million during the attack, but some declined to receive bounties as they do not want to be identified.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The compromise comes nearly two years to the day after a similar attack took down their front-ends in November, 2023.
World Liberty is beginning to reallocate funds to secure wallets after some users were impacted by "third-party security lapses."
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
DeFi analysts claim there may be over $285 million in cross-protocol exposure tied to Stream Finance's $93 million loss.
Validators halted the network on Monday as the exploit on Balancer V2 exposed vulnerabilities in Berachain's native decentralized exchange.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Berachain has halted its network to perform an emergency hard fork after a Balancer exploit, with losses topping $128 million across chains.
The pause allows developers to roll out an emergency hard fork aimed at isolating compromised contracts and recovering affected assets before resuming operations.
WazirX seeks to implement a 'socialization of losses' approach, requiring all users to absorb a portion of losses in their holdings.
The team cannot afford the cost of relaunching the protocol, which would require significant investment in audits and development.
Bunni said required audits and monitoring expenses alone would cost between six and seven figures to restore operations.
The Saudi Arabian crypto-AI project launched its token on Saturday, though its price plummeted by around 50% following the incident.
SEAL's Verifiable Phishing Reporter uses a cryptographic scheme designed by the team that proves whitehat hackers see what victims see.
The protocol, which issues the Magic Internet Money decentralized stablecoin, has lost over $20 million to exploits since the start of 2024.
The exploit was triggered when a hacker submitted fake data to Shibarium’s Ethereum-linked contracts, leading to an automatic shutdown.
ZachXBT said "addresses linked to" SBI Group had Bitcoin, Ethereum, Litecoin, Dogecoin, and Bitcoin Cash stolen.
Decentralized yield protocol Pendle disclosed that an onchain wallet has been drained, and an exploiter is minting principal/yield tokens “to dumping.”
X discovered a "bribery network" of users who have allegedly been "involved in crypto scams" and paid middlemen to attempt to bribe employees.
Onchain security platform Blockaid said the attacker drained the liquidity pool through a price oracle manipulation attack.
The BONE token involved in the flash loan attack has nearly erased the initial spike alongside losses in top memecoins.