Hack

Verichains Calls for Action After Revealing Blockchain Security Vulnerabilities

After finding multiple critical vulnerabilities, leading blockchain security company Verichains recommended companies employing Tendermint’s IAVL proof verification to safeguard their assets and reduce exploitation risks. A significant Empty Merkle Tree vulnerability in the IAVL proof on Tendermint Core, a well-known BFT consensus engine, has been disclosed by Verichains as part

March 8, 2023 2 mins read

Stars Arena Exploited of $2.88 Million Worth AVAX Token

Tender.Fi Awards $97k Bounty to Hacker for Returning Funds

With the lure of a $97,000 Ether reward, the hacker responsible for the vulnerability on the decentralized lending platform Tender.fi has returned the stolen assets. At 10:28 am UTC on March 7, an exploit was carried out, and Tender.fi confirmed the event on Twitter shortly afterward, saying that there had

March 8, 2023 1 min read

Indian Crypto Exchange BitBNS’s $7.5M Hack Brought To Light by ZachXBT

A portion of BitBNS’s money was compromised on February 1, 2022, although the exchange’s founder, Gaurav Dahake, indicated on March 1 that this wasn’t an unusual occurrence. This comes after the cryptocurrency exchange allegedly hid a $7.5 million hack under the pretext of system maintenance, as tweeted by independent crypto

March 1, 2023 1 min read

Ethereum Denver Website Fallen Victim to Scammers

The Ethereum Denver conference website duplicated by cybercriminals, who used it to start a phishing scheme that culminated in the theft of almost $300,000 worth of Ethereum. Blockfence was able to recognize the fake website. And noticed that more than 2800 wallets hacked in the previous six months. The ETH

February 21, 2023 2 mins read

Dex Aggregator Dexible Exploited of $2 Million in Recent Hack

According to a post-mortem report published by the Dexible team on the project’s official Discord channel on February 17. The multichain exchange aggregator was breached, resulting in the loss of $2 million worth of cryptocurrencies. From 6:35 pm UTC on February 17, a popup warning regarding the attack has been

February 18, 2023 1 min read

$46 Million of Stolen Assets Moved by Wormhole Hacker

On-chain data shows that another $46 million of stolen assets has been migrated from the hacker’s wallet, indicating that the stolen cryptocurrency from one of the industry’s greatest attacks is on the move again. In February of last year, an exploit of Wormhole’s token bridge led to the third-largest crypto

February 13, 2023 2 mins read

South Korea Imposes Sanctions on North Korean Groups Over Crypto Thefts

To counter cryptocurrency theft and cyberattacks from North Korea, South Korea has declared its first set of unilateral restrictions. As reported by the Seoul Ministry of Foreign Affairs. Four North Korean people and seven firms have been blacklisted for their suspected participation in cyberattacks and crypto theft. Notable people including

February 12, 2023 1 min read

DeFi Protocol dForce Exploited of $3.65 Million by Hacker

To the tune of $3.6 million in cryptocurrency, an assault on the reentrancy vulnerability of the decentralized finance (DeFi) protocol dForce has resulted in the theft of funds. Curve Finance is an automated market maker (AMM) platform. That uses the Arbitrum and Optimism blockchains, and its vault was the target

February 11, 2023 2 mins read

DeFi Protocol CoW Swap Exploited of 551 BNB in Recent Attack

A vulnerability in the smart contracts underlying the decentralized finance (DeFi) protocol CoW Swap has resulted in the theft of around 551 BNB worth around $181,600. The attacker reportedly added a wallet address as a “solver” of CoW Swap. And then used a transaction to authorize DAI transfers to SwapGuard

February 8, 2023 1 min read

Crypto Wallet BitGo Fixes Serious Flaw That Could Expose Users Private Keys

Orion Protocol Exploited by Hacker Stealing Away Roughly $3 Million

On Thursday, the fundamental contract of Orion Protocol, a liquidity aggregator for CeFi and DeFi exchanges, was compromised in both its Ethereum and Binance Smart Chains (BSC) deployments. More than 1,700 Ethereum, or more than $3 million, were stolen by the hacker. On Thursday the breach was feasible due to

February 4, 2023 2 mins read