The popular crypto commentator will stay on as an advisor to the influential firm as he doubles down on expanding the SEAL 911 security team.
BNB Chain surpassed Ethereum to become the most targeted network in Q1, accounting for 19 individual attacks.
The attack targeted pools tied to GMX liquidity tokens, specifically “cauldrons” using GM tokens as collateral.
An attacker drain approximately 6,262 ETH, valued at around $13 million, from Abracadabra’s liquidity pools on GMX.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
A portion of the funds (193 BTC or $16 million) passed through the Wasabi mixer before reaching various peer-to-peer vendors.
The maintainer of AIXBT's social media account said the attacker gained access to the bot's “simulation wallet” through malicious prompting.
On Feb. 28, the Wemix Foundation suffered a $6.2 million hack — but made a public announcement four days later.
North Korea's Lazarus Group currently holds 13,518 BTC, worth around $1.13 billion, according to data from Arkham Intelligence.
Bybit's Ben Zhou said that this week and the next are critical for freezing stolen funds as funds will start to clear on trading platforms.
MetaMask head of security, Taylor Monahan, said Lazarus has moved at least 209,384 ETH, over half the ETH stolen from Bybit, into BTC.
The crypto industry lost a further $1.53 billion in February due to hacks and exploits, representing a 20x increase month-over-month.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Lazarus appears to have compromised a Safe developer machine, allowing it to inject a highly-targeted script used to control Bybit's wallet.
Bybit is offering a 5% bounty to exchanges, mixers or anyone who helps freeze funds stolen by North Korea's Lazarus Group.
Chainflip's upgrade gives it authority to reject any deposit to the protocol, developed in an aim to filter out hacked funds from Bybit.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The exploit involved an attacker using compromised admin privileges on a smart contract, according to security analysts.
Bybit plans to release an audited proof of reserves report to verify that it has restored its client assets on a one-to-one basis.
Ethereum security researchers hackers deployed malware and then forced the multisig holders to "blind sign" a malicious transaction.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Bybit, the Singapore-based centralized crypto exchange, has been hacked, according to its CEO.
Microsoft has unveiled its new quantum computing chip, Majorana 1, a breakthrough achieved after nearly 20 years of research.
The $85 million hack in January was likely perpetrated by an experienced group of hackers due to its sophistication, experts said.
Abstract reported a security incident described as a 'session key hack' targeting thousands of wallets interacting with Cardex.
The company provides security solutions for some of the largest crypto firms and projects including Coinbase and MetaMask.
The Abstract Chain wallet draining compromise appears to relate to connecting to the onchain fantasy game Cardex.
Peer-to-peer marketplace Huione Guarantee has become a go-to place for crypto scammers for infrastructure and money laundering.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Lending protocol zkLend acknowledged a hack resulting in a loss of over $9 million and requested the hacker to return 90% of it.