The post Pump.fun Exploiter Arrested in London, Addresses Scandal in X Posts appeared first on Coinpedia Fintech News
Media reports have confirmed that the individual who exploited $1.9 million from the meme coin marketplace Pump.fun was recently arrested in London. The exploiter has been identified as Jarrett Dunn, a former Pump.fun employee. Dunn is accused of leveraging admin privileges and flash loans to siphon nearly $2 million. Using the alias StackOverflow on X, …
The team behind the Bitcoin layer-2 developer has successfully frozen some exploited crypto after the attacker tried to cash out by sending funds to exchanges.
First there was "The Bait." Then there was "Unblinding the block," followed by "The Search," and ultimately "The Propagation." U.S. prosecutors detailed an incredibly complicated Ethereum exploit in an indictment.
The post Behind the $20 Million Sonne Finance Hack; Unveiling the Technical Details appeared first on Coinpedia Fintech News
Staggeringly, a crypto attacker succeeded in the hack on Sonne Finance to conduct a heist using a very complex exploit that drained the company’s assets, bringing in about $20 million to the attacker. The attack played out for a few days, spotting carefully the backdoor of Sonne Finance’s VELO integration with the Optimism network. The …
The post Crypto Exchange Rain Suffers $14.8 Million Loss; A Real Sophisticated Hack Indeed appeared first on Coinpedia Fintech News
The exchange “Rain” which is a prominent cryptocurrency exchange based in Bahrain, was the victim of a devastating hack on April 29, 2024, and lost $14.8 million dollars of BTC, ETH, SOL and XRP worth of crypto. The breach was first reported by the blockchain expert ZachXBT, who said that Rain’s wallets that contained BTC, …
Several wallets reportedly belonging to Rain sent suspicious token transfers to a new address.
The post A Big Warning for Crypto Users: Massive ETH Deposits Into Tornado Cash Traced to Notorious Hacker appeared first on Coinpedia Fintech News
A large sum of 1000 ETH (about $3 million) was found going into Tornado Cash from a wallet with the address 0x454249291af33ad5681eD07DfD5165c1cB1aA625. This money is said to come from Bo Shen Hacker, a bad actor known since 2022 for illegal acts. This news was shared in a tweet by CertiKInsight, a web3 security firm calling …
The post Hacker Behind $68 Million Adress Poisoning Initiates Communication appeared first on Coinpedia Fintech News
After seven days of the phishing attack, the hacker finally sent an on-chain message to the victim. The message asked the victim for his telegram. Not just the message, additionally he has also sent 51 Eth $152k. The trader who lost $68 million had immediately tried to contact the hacker, offering to keep him 10%, …
The post Cyber Criminal Behind the $71 Million Address Poisoning Launders 25K ETH appeared first on Coinpedia Fintech News
Just a few days ago, cybercriminals manipulated a trader in an address poisoning and $71 million worth of Wrapped Bitcoin (WBTC) was stolen upon successful completion of this phishing robbery act. The mastermind of this scam has now laundered then stolen 25k worth of ETH through a large number of addresses and wallets, thus showing …
The post Poloniex Hacker Laundered $308K in Ethereum Through Tornado Cash appeared first on Coinpedia Fintech News
The Poloniex hacker identified by the address 0x3E…fDFd performed money laundering by sending 100 ETH (about $308,000) to Tornado Cash. This is the very first time that the culprit of the Poloniex hack has used Tornado Cash for such an illicit purpose as reported by WuBlockchain. Today, Poloniex Hacker: 0x3E…fDFd transferred 100 ETH (about $308,000) …
A cryptocurrency user has lost $68 million worth of wrapped bitcoin (WBTC) after falling victim to an "address poisoning" exploit, according to blockchain security firm CertiK.
The post Crypto Hack Losses Hit Lowest Point Since 2021: What’s Behind the Decline? appeared first on Coinpedia Fintech News
The cryptocurrency market, particularly in April 2024, reported a vast drop in hacking, exploits and scam losses, making it the lowest figure since 2021. As reported by the Blockchain security platform CertiK, the total losses for the past month are estimated to be approximately $25.7 million, which indicates a decrease of 141% compared to the …
The post Official Unit of Investigation for Crypto to Be Installed in South Korea Amid Crime Surge appeared first on Coinpedia Fintech News
In response to the levelling up of cryptocurrency-related crimes in South Korea, the country is reportedly getting serious about it and is planning to elevate of the temporary crypto-crime investigative unit to a permanent department aiming to address the growing concerns, according to local publications. Country Witnesses Concerning Trends in Crypto Crimes Last year, crypto …
The post El Salvador’s Chivo Wallet Breach: Bitcoin ATM Source Code Leaked by Black-Hat Hackers appeared first on Coinpedia Fintech News
A stunning disclosure has surfaced that cyberthieves have acquired portions of Chivo Wallet source code and as a consequence, the Bitcoin ATMs in El Salvador are put at risk. The hacker group staged the incident, CiberInteligenciaSV putting to light the weaknesses of the regime-driven virtual currency calling for critical examinations of data security. The leak …
The post Base Network Vulnerabilities Exposed Post the Latest Hack Highlighting Design Faults appeared first on Coinpedia Fintech News
The Grand Base DeFi attack where more than $2 million is known to have been stolen is an indicator of a lack of overall security of Layer 2 networks like Base. The newly established Grand Base ecosystem with its cross-chain interoperability and asset transfer capabilities fell victim to an advanced hack, portraying a serious design …
Shakeeb Ahmed, a security engineer who stole over $12 million from two different decentralized cryptocurrency exchanges built on Solana, was sentenced to three years in prison and three years of supervised release by a federal judge on Friday.
ParaSwap has now returned assets to wallets that have revoked their permissions to the AugustusV6 smart contract, which was found to have a critical vulnerability last week.
The yield farming app was exploited through a possible private key compromise, according to a CertiK report.
Notorious North Korean hackers Lazarus Group has returned to sanctioned coin mixing service Tornado Cash to launder $12 million worth of ether {{ETH}}.
DeFi protocol Unizen announced that it will issue an immediate refund to users who lost their funds to an exploit this weekend.
The Seneca lending protocol was exploited through its ‘performOperations’ function, and over $6M of collateral was drained from it.
Interpath Advisory has taken control of the HectorDAO Treasury after allegations of an ‘inside job’ hack.
Crypto exchange FTX was hacked for over $400 million just hours after filing for bankruptcy in 2022. Many initially believed it was an inside job.
The federal indictment doesn't identify Sam Bankman-Fried's FTX as the pilfered company, but Bloomberg reported that's who it was.
According to Bitfinex chief technology officer Paolo Ardoino, an attacker attempted to make use of XRP’s partial payments feature to exploit his crypto exchange but failed.
Users of the r/mtgoxinsolvency Reddit board complained that they received double payments from Mt. Gox Trust and were now being asked to send the extra payment back.
Bored Ape Yacht Club and Mutant Ape Yacht Club NFTs were returned to their owners after Yuga Labs' Greg Solano and Boring Security DAO paid a bounty.
According to Cyvers, the attacker caused malicious code to be inserted into multiple app user interfaces, allowing the exploiter to fool users into confirming transactions.