Kronos Research, a quantitative trading company, lost $25 million to hackers who gained access to the company’s API credentials. The firm disclosed the compromise of several of their API keys on November 19th. Subsequently, the business terminated its trading services on the platform. After investigating the situation further, blockchain expert
DeFi platform Raft lost about $3.3 million in Ethereum (ETH) after hackers attacked it on Friday. However, the attacker may have incurred a loss on the crime. According to the information available on the blockchain, a hacker stole 1,577 ETH from Raft and promptly transmitted 1,570 ETH to a burn
Onyx Protocol, a DeFi initiative, has suffered a security breach and lost almost $2.1 million worth of Ethereum (ETH) currency due to flash loan exploits. According to the findings, the Onyx protocol exploiter’s wallet address has 1,164 ETH, or almost $2.1 million. In order to steal from the oPEPE market,
Recent information suggests that the trading bot Team Unibot has been exploited. This bot allows DeFi users to purchase and sell tokens on Uniswap V3 without ever leaving their Telegram applications. In addition, the hacker seems to have traded meme coins from Unibot users for ETH. The tokens exploited are
While crypto enthusiasts are currently rejoicing in the market’s upward momentum, there are still individuals who haven’t moved on from the challenges of Q3 2023. The quarters of July, August, and September of 2023 marked a bear-driven phase with staggering losses across the Web3 ecosystem. In total, $685,510,444 was lost
The Fantom Foundation is dealing with the fallout of a security breach that affected its blockchain infrastructure. The operation of the organization was disrupted because hackers used a zero-day flaw in Google Chrome. This is just one of several security incidents this month that has shaken confidence in the blockchain
After another flash loan exploit on its platform, the decentralized finance (DeFi) protocol Platypus lost almost $2 million in assets. As a defense mechanism, the protocol froze all of its pools over the assault. CertiK, a blockchain security platform, reports that $2.23 million were stolen in three separate assaults on
In a recent announcement, Stars Arena, Friend Tech’s Avalanche-based competitor, revealed a protocol attack that led to the loss of 266,103 AVAX tokens, or almost $2.88 million. Concerns regarding the security of smart contracts and the larger blockchain ecosystem have been raised. As a result of this shocking disclosure. Stars
On the 6th of October, the Galxe website, a Web3 community platform, was down for around an hour. At 14:44 UTC, Galxe posted on Twitter that their website was offline. Forty minutes later, the company confirmed that an attack had compromised its DNS record. The website was blocked until the
According to a report published by blockchain analytics company Cyvers, HTX (previously Huobi Global) crypto exchange was compromised on September 24. The hack has resulted in the loss of $7.9 million worth of cryptocurrency. A Chinese message was sent to the hacker through a Huobi hot wallet. The exchange claims
