As the crypto industry adopts AI-focused blockchain netowrk it is exposing itself to more security risks. IoTeX, a blockchain platform built for real-world AI, recently suffered a major security hack, resulting in nearly $8 million in losses. Here’s how the IoTeX $8 million hack happen & how the IoTeX team is responding to it. Are …
Arbitrum DAO has confirmed that its official X account has been compromised. The team warned users not to click on or interact with any posts or links from the hacked account. They are actively working to regain control. Importantly, the Arbitrum protocol and user funds remain completely safe, as the breach only affects the social …
Saga has paused its SagaEVM chain after a smart contract exploit drained nearly $7 million in assets, forcing the team to stop the chain at block height 6,593,800 while it investigates and fixes the issue. Attackers used a coordinated series of contract and cross‑chain actions to bridge funds out to Ethereum, and Saga is working …
A sophisticated social-engineering attack led to the theft of more than $282 million in BTC and LTC, with the funds rapidly laundered through monero.
The attack exploited a flaw in an older smart contract, allowing the attacker to buy TRU at no cost and sell it back to extract ether.
Kontigo reimbursed 1,005 users $340,905 after a breach, as CEO Jesus Castillo confirmed his own account was affected by the incident.
A hacker took control of a multi-signature wallet, stealing $27.3 million in crypto assets. The attacker recently withdrew 1,000 ETH (about $3.24 million) from Aave and laundered funds through Tornado Cash, with total deposits reaching 6,300 ETH (around $19.4 million). On-chain data shows the hacker still holds leveraged positions worth $9.75 million in ETH and …
Blockchain security firm SlowMist has raised the alarm over a new and highly convincing phishing campaign targeting MetaMask users. Unlike earlier scams that relied on obvious fake links or direct wallet drainers, this attack is more subtle. It exploits user trust by copying MetaMask’s two-factor authentication (2FA) flow, making the scam feel like a routine …
Ilya Lichtenstein, the hacker behind the 2016 Bitfinex bitcoin breach, has been released early from a U.S. federal prison. He walked free on January 2, 2026, after serving just under one year of his five-year sentence. Thanks to President Trump's First Step Act, I have been released from prison early. I remain committed to making …
A fresh on-chain alert has raised concerns across the crypto space after blockchain investigator ZachXBT reported a coordinated wallet-draining incident affecting hundreds of users across EVM-compatible networks. The warning, shared widely on X, highlights a pattern of small but persistent losses that together have already crossed $107,000 in stolen funds. What makes this incident stand …
A quiet crypto attack is draining wallets across EVM chains like Ethereum, BNB Chain, Base, and Arbitrum. Each victim is losing under $2,000, but total losses have crossed $107,000 so far. The stolen funds are being sent to one address: 0xAc2e5153170278e24667a580baEa056ad8Bf9bFB. On-chain analyst ZachXBT flagged the issue, noting repeated approvals and transfers. Experts advise users …
Blockchain security firm PeckShieldAlert reported a major hack involving Unleash Protocol, a decentralized platform built on Story Protocol, where an attacker drained around $3.9 million in user funds. Here’s how the hack happened. PeckShieldAlert report revealed. How the Unleash Protocol Hack Happened? According to PeckShieldAlert, the attacker targeted Unleash Protocol’s multi-signature governance system. By doing …
Blockchain sleuth ZachXBT exposed Haby (Havard), a Canadian from Abbotsford near Vancouver, who stole over $2 million from Coinbase users over a year by posing as support staff. He used social engineering for remote access, drained wallets like a $44,000 XRP theft and $237,000 Exodus balance, swapped to BTC via instant exchanges, and blew funds …
A recent hack on Trust Wallet exposed nearly $7 million in crypto from users. The attack happened just after Christmas, surprising many investors and worrying the crypto community. Although the loss was smaller than some major exchange hacks, the speed and secrecy of the attack caused panic. User Funds Are “SAFU,” Says Changpeng Zhao So …
Crypto wallet provider Trust Wallet has reported a security breach affecting a specific version of its browser extension. On-chain investigator ZachXBT revealed that users lost over $6 million after multiple reports of funds being drained surfaced on Thursday. The incident appears tied to a recent Chrome extension update, though the exact cause remains unknown. Trust …
Two crypto wallets lost a total of $2.3 million in USDT in a rapid on-chain theft. The attacker swiftly swapped the stolen stablecoins for 757.6 ETH and funneled the funds through privacy mixer Tornado Cash within minutes, making tracking extremely difficult. The swift laundering move underlines how fast criminals can exploit DeFi tools to hide …
North Korea-linked hackers drove a record year for crypto thefts, favoring rare but massive attacks on centralized services, led by Bybit’s $1.4 billion breach.
Models tested by MATS and the Anthropic Fellows program generated turnkey exploit scripts and identified fresh vulnerabilities, suggesting automated exploitation is becoming technically and economically viable.
Yearn Finance’s yETH product was targeted in an exploit where an attacker minted nearly unlimited yETH in a single transaction, draining around 1,000 ETH ($3 million). Some funds were sent to Tornado Cash, and blockchain data shows the attack used several newly deployed contracts that self-destructed afterward. The full extent of the losses is still unclear. …
Yearn Finance, one of the most well-known DeFi platforms, has suffered a major security incident that caused nearly $9 million in losses. The attack targeted a custom stable-swap pool linked to Yearn’s yETH token, allowing the hacker to mint almost unlimited tokens and drain the pool in a single strike. Here are the key details. …
Wallet interfaces typically summarize instructions as a single swap, and the bundled transaction executes atomically—meaning users unknowingly sign off on both.
For a few days in November, a malicious Chrome extension ranked as the fourth result for “Ethereum wallet” on the Chrome Web Store. The extension, called “Safery: Ethereum Wallet,” looked polished enough to pass as legitimate. It had a clean icon, a generic name adjacent to security language, a flood of five-star reviews, and boilerplate […]
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A massive Bitcoin mystery from 2020 has resurfaced, but this time, it’s not just about hackers and stolen crypto. China is accusing the United States of secretly taking control of 127,000 stolen Bitcoins, worth around $13 billion, in what may become one of the most controversial crypto disputes ever. The allegation has added fresh strain …
The DeFi world was hit with another shock as Stream Finance, a platform known for its yield and capital efficiency strategies, paused all withdrawals and deposits after suffering a massive $93 million loss. The company said the loss came from an external fund manager responsible for handling a portion of its assets, and operations will …
On Oct. 31, 2025, the Radiant exploiter transferred approximately 5,411.8 ETH to Tornado Cash, a move worth roughly $20.7 million. Nine days earlier, the same cluster had moved approximately 2,834.6 ETH, equivalent to $10.8 million, after staging funds across chains and through swaps before the mixer. Neither burst looked hurried. Both looked like a careful […]
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North Korea’s hackers have found a new weapon — and it’s not quantum computing.In 2025 alone, state-sponsored groups like the Lazarus Group have stolen more than $2 billion in cryptocurrency, using artificial intelligence to supercharge every stage of their operations. AI now scans thousands of smart contracts in minutes, identifies exploitable code, and automates multi-chain …
Mysten Labs’ chief cryptographer warns that artificial intelligence, not quantum computing, poses the real near-term threat to blockchain security.
Long-time XRP investor Brandon LaRoque says he discovered the loss on Oct. 15 in cold wallet maker Ellipal’s mobile app, but the theft occurred on Oct. 12.
Six hacker wallets dumped ETH during the Oct. 10 market crash, then rebought at higher prices, amplifying losses.
Singapore’s High Court has given the green light to a restructuring plan for crypto exchange WazirX, clearing a major obstacle in the company’s effort to repay users after last year’s large theft. Related Reading: ‘BNB Isn’t Crumbling’: CZ Slams Critics Stirring Fear And Doubt According to reports, the court’s approval on October 13 allows the exchange to move ahead with a court-supervised recovery process tied to the $234 million hack that hit the platform in July 2024. Creditor Vote And Numbers Based on reports from the company, the revised plan won broad backing from affected account holders. In an August revote, 95.7% of participating scheme creditors voted in favor, and those votes came from 143,190 participating creditors representing about $196 million in approved claims. The strong turnout and result were used by WazirX to press its case to the Singapore court. Thank you to everyone who supported this difficult phase of WazirX. The Singapore High Court has approved the scheme. Its your support and love that has made this possible ❤️ Now we set out on the next phase to work hard and create value for everyone. We’re here because of YOU… — Nischal (Shardeum) ???? (@NischalShetty) October 13, 2025 The hack itself exploited a Safe Multisig wallet in mid-July 2024 and drained a large pool of user funds. Investigations and media accounts linked the breach to advanced cyber operators, and the theft forced WazirX to freeze both crypto and rupee withdrawals while legal options were explored. What Users Will Receive According to several outlets, users may recover a substantial portion of lost funds under the approved plan. Reports have said recoveries could reach up to 55% of the losses, delivered as a mix of immediate liquid payments and so-called Recovery Tokens that represent remaining claims to be fulfilled over time. WazirX has said the first wave of payouts — in stablecoin or USDT equivalent — would follow once the scheme takes effect. That mix means some users will get cash-equivalent payments quickly while others will hold tokens that the company intends to redeem as it regains assets or generates revenue. The plan shifts part of the repayment responsibility to entities inside India to comply with local rules, a change that was highlighted during court rounds. The road to approval was not straight. The Singapore court had earlier rejected a first version of the scheme after judges raised questions over the plan’s structure and oversight. That decision forced WazirX and its advisers to rework the proposal and secure a fresh vote from creditors before returning to court. Related Reading: XRP Traders Face Fresh Selling Pressure As Large Holders Move Out Next Steps And Timeline If the scheme becomes effective under the court’s timetable, WazirX says distributions of available liquid assets will begin within 10 business days. That window is expected to trigger the initial USDT transfers while RTs are recorded for the remainder of approved claims. The exchange will still need to finish legal formalities and coordinate with payment processors and regulators. Featured image from Pixabay, chart from TradingView