Cetus plans to bolster security through rigorous testing, expanded audits, and a strengthened bug bounty program.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Cetus said it worked with law enforcement agencies, exchanges and cross-bridge protocols to freeze all stolen funds that remain on Sui.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Tokens, including LOFI, HIPPO, and CETUS itself, dropped more than 50% over the past hour on decentralized exchanges.
The program kicks off with 10 top-tier researchers starting with LonelySloth — who has generated $3.6 million in earnings on Immunefi.
Binance and Kraken were also targets of social engineering attacks targeting Coinbase customer service representatives.
The defendants allegedly spent $4 million at nightclubs and $9 million on exotic cars, among other luxury items, prosecutors claim.
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There have been at least five attempted assaults on public and private crypto figures in France, out of 25 reported instances around the world.
Blockchain analytics firm Elliptic said Haowang processed over $27 billion in USDT transactions that facilitated illegal cyber activities.
DeFi DEX Curve Finance alerted users to a DNS exploit on its website, its second domain issue in three years.
BITE encrypts data to prevent MEV bots from front-running, sniping or excluding transactions for their personal gain.
Ransomware gang LockBit, known for demanding cryptocurrency payments, has been hit by a data leak of its own following a recent hack.
North Korea was behind some of the largest crypto heists in history, including the $1.4 billion exploit on Bybit exchange earlier this year.
"Instead of tipping off the applicant" Kraken advanced the candidate through the recruitment process in order to learn from their approach.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The ecosystem has now witnessed $1.74 billion in losses year-to-date, though Bybit's $1.46 billion exploit accounts for most of the sum.
The Solana-based DeFi protocol said it heard from the exploiter, who is willing to return the exploited funds for a 3,947 SOL bounty.
Another DeFi protocol, Impermax, was also attacked on Saturday, adding to a recent spate of damaging hacks, exploits, and errors.
The platform is working with law enforcement and security professionals to evaluate the exploit and attempt to recover the funds, Loopscale said.
KiloEX announced user compensation and staking boosts after an exploiiter stole $7 million through a price oracle vulnerability.
The issue was discovered by Aikido Security, which noted the vulnerability could lead to a “potentially catastrophic” supply chain attack.
Over 93% of WazirX creditors recently approved a restructuring plan that aims to recover approximately 85.3% of users’ lost balances.
Untraceable funds flowed into mixers then through bridges to P2P and OTC platforms, Bybit CEO Ben Zhou said.
The exchange said it will close down on May 1, and said that there is a 'transatlantic operation' to prosecute the project.
"Operation Avalanche" identified digital wallets that had lost $4.3 million dollars, according to the Secret Service.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The ZK token, introduced in June 2024 through a controversial airdrop, is down approximately 15%, according to The Block's data page.
TokenTable, the entity managing the airdrop, paused the process to address the failed transactions and promised full compensation.