The Cronos network has been halted following a major exploit targeting Tectonic, the DeFi lending protocol that held approximately $121.6 million in total value locked, roughly 46% of all Cronos DeFi TVL, before the attack hit. The attacker targeted TONIC, Tectonic’s illiquid governance token, and drove its price up approximately
Web3 security firm CertiK has identified an out-of-bounds (OOB) write vulnerability in the BitBox02 hardware wallet. BitBox disclosed and fixed the issue in its July Oeschinen security update, crediting CertiK researcher Guanxing Wen for reporting the vulnerability. The issue highlights that hardware wallet security extends beyond keeping private keys isolated
A new and significant hack on a bridge system is just another problem in the string of problems affecting the crypto world this month. AFX Trade, which runs on Arbitrum, lost $24.15 million worth of USDC. Attackers exploited AFX’s bridge, and several blockchain security firms detected the attack almost immediately.
A lot of cryptocurrency wallets were exposed to hacks over EVM chains, as per the data revealed by on-chain sleuth ZachXBT. Losses have continued to add on as the attacks are still continuing. The Telegram channel of ZachXBT reveals that the hacker has aimed at a number of wallets for
SlowMist, a blockchain security firm, has recently released its 2025 Blockchain Security and AML Annual Report. The report vigorously mentioned the various security challenges the crypto industry faced over the year. As per the report, the total value stolen from crypto hacks increased by around 46% in 2025 as compared
ZachXBT just dropped receipts on a major breach at Taiwan-based exchange BitoPro, revealing that around $11.5 million was drained from their hot wallets on May 8, 2025. What’s disappointing is that BitoPro hasn’t uttered a word about it. They’re still out here running promos like nothing happened, completely ignoring the
The crypto industry is growing in popularity, adoption, and regulation across the globe. But so do the crypto hacks across various platforms. Nervos Network is the recent victim of hackers and has lost over $3 million in funds from its cross-chain bridge. The news came to light when Web3 security
Hackers posted a fake announcement, falsely claiming that U.S. authorities, including the Securities and Exchange Commission (SEC), were investigating ZKsync. The post proposed that the U.S. Treasury could sanction the Ethereum Layer 2 protocol. This deceptive press release was meant to instill fear and uncertainty among crypto users. Through the
North Korea’s cyber attacks on the crypto domain are expected to be on the agenda at the upcoming G7 summit in Canada next month.. This is an indication that the world is increasingly becoming worried about North Korea’s cyber activities. However, the issues in Ukraine and Gaza will remain the
The Bybit hack is the largest and most advanced hack in the history of crypto. The exchange didn’t affect its operations and covered the ETH deficit within a couple of days. However, the Bybit CEO and bounty hunter team are working relentlessly to trace and freeze stolen ETH. Bybit CEO
