Thu, March 28

Search Results for: hacks

Top 6 Major Crypto Hacks Of 2023

As the crypto world navigates another tumultuous year, the specter of cybercriminals looms large. A string of heists has plagued the industry, amounting to over $735 million siphoned across 69 hacks so far in 2023, marking a staggering surge in digital theft. Among these, six stand as emblematic examples of

November 28, 2023 2 mins read

DeFi Firms Sets a Brand-New Record With Four Hacks in a Day

Temple DAO, a DeFi protocol, was hack and lost more than $2.3 million. Mango Market, a platform based on Solana, lost $100M as a result of a hack. Crypto hacking has been the most tragic thing to happen in the crypto market. The prominent Binance exchange also hacked on October

October 12, 2022 2 mins read

Top Crypto Hacks of June 2022!

Crypto hacks and scams on the rise every month.  Major anomalies are ethical hacks upon the parent blockchains. Rug Pull and Discord Hack accounts to be the major attack modes. Horrible is the entire crypto industry and so devastating was the month of June 2022. The overall market cap has

July 1, 2022 2 mins read

Top 3 DeFi Hacks and Exploits That Shocked the Crypto Industry

DeFi customers lost $10.5 billion to theft in 2021. The Poly Network breach remains the biggest in crypto—not just DeFi. Since just about anybody can fire up a DeFi protocol and implement some smart contracts, defects in the code are frequent. And with DeFi, there are numerous unscrupulous parties eager

March 28, 2022 2 mins read

Dogecoin Billy Markus Thrashes Crypto.com for Hacks!

Crypto.com suffered a hack on January 17, 2022. Officially declares no funds were lost. DOGE founder Billy Markus thrashes Crypto.com being irresponsible for the hacks occurred. Seems there never goes a day without a hack or a scam upon the crypto industry! And so true to the fact, the global

January 17, 2022 2 mins read

What We Can Learn From The Top Crypto Thefts and Hacks of 2021

Blockchain tech and smart contracts are increasingly being used to build decentralized applications (dApps). However, these dApps are often exploited by malicious actors who are able to find vulnerabilities in the source-code used to create these programs. Smart contract hacks and exploits have resulted in billions of dollars in losses

November 30, 2021 5 mins read

Study Reveals $12 Billion Lost Over Hacks and Scams, Mostly DeFi Users!

DeFi platforms have grown in popularity in recent years. These losses include direct financial losses to Dapps and token holders. According to a recent study by Elliptic, the worldwide leader in crypto asset risk management, billions of dollars have been stolen through decentralized finance (DeFi) protocols. According to Elliptic’s report

November 21, 2021 2 mins read

DoraHacks Secures $8 Million by Binance Labs to Build a More Open-Source Blockchain World

Singapore, Singapore, 19th November, 2021, DoraHacks, a decentralized global developer community and open-source incentive platform, has secured $8 million in strategic investment from Binance Labs, the venture capital arm and innovation incubator of Binance. DoraHacks is a global hackathon organizer and one of the world’s most active Web3 developer communities.

November 19, 2021 3 mins read

290 Hacks Have Robbed The Crypto Industry Over $13 Billion

According to blockchain security firm Slowmist, hackers have looted the crypto industry of more than $13 billion in 290 different hacks. As the crypto industry grows, the exploits seem to happen weekly either on an exchange, a blockchain, or a crypto wallet. The crypto users and investors must take precautions

August 26, 2020 1 min read