Fri, May 23

Nigerian Crypto Firm Patricia Halts Withdrawal Post Exploit

Patricia, a Nigerian platform for buying and selling cryptocurrencies and gift cards, has had a security compromise, forcing swift action to protect its consumers. The platform has temporarily disabled withdrawals as a security measure. The organization disclosed a security vulnerability that resulted in the loss of Bitcoin and Nigerian naira.

May 28, 2023 1 min read

Tornado Cash Hacker Posted New Proposal To Restore Governance Control

An attacker used a fraudulent contract to get access to thousands of votes and take complete control of the popular cryptocurrency mixer Tornado Cash. Paradigm’s web3 research analyst @samczsun was the first to notice the problem over the weekend. According to a tweet by user samczsun, the attacker claimed to

May 22, 2023 1 min read

Hacker Takes Over Governance Control of Crypto Mixer Tornado Cash

The decentralized cryptocurrency blender Tornado Cash already had difficulties before an attacker took complete control of the governance by submitting a fraudulent proposal. An attacker gained 1.2 million votes for a fraudulent proposal at 3:25 PM ET on May 20. Because the proposition obtained over 700,000 valid votes, the attacker

May 21, 2023 2 mins read

Hacker Exploits DeFi Protocol DEUS Finance for Over $6 Million

Over $6 million worth of the stablecoin DEI used by the Decentralized Finance (DeFi) protocol DEUS Finance was stolen. PeckShield, a blockchain security company, claims that on May 5 a hacker took advantage of a flaw in the BNB Smart Chain (BSC). More than $1.3 million was stolen in a

May 7, 2023 2 mins read

Polygon Lending Protocol 0VIX Exploited of $2M by Hackers

Lending protocol on Polygon and Polygon zkEVM, 0VIX, purportedly exploited to the tune of $2 million. Multiple stablecoins, including Ethereum and Polygon’s native MATIC token, as well as Aavegotchi’s staked vGHST token, may be used as collateral thanks to this protocol. Aavegotchi is a blockchain-based game that takes inspiration from

April 28, 2023 2 mins read

DEX Merlin and CertiK Working on Reimbursement Plan Post Exploit

CertiK, a blockchain security company, and Merlin, a decentralized exchange (DEX) powered by zkSync, are collaborating on a proposal to compensate consumers whose funds were stolen in a recent hack. On Thursday, Merlin disclosed that the incident—widely interpreted as an exploit—was actually a rug pull. It was done by a

April 27, 2023 1 min read

zkSync-based DEX Merlin Exploited of $1.82M as per PeckShield

On April 26th, a hacker stole $1.82 million from the decentralized exchange Merlin. PeckShield and other members of the community have brought to light the exchange’s exploitation and provided the addresses of the exploiters. The funds were transferred from zkSync to Ethereum in the form of USDC tokens. #PeckShieldAlert Our

April 26, 2023 2 mins read

Apple Publishes Security Updates to Address Crypto Hack Vulnerability

Apple released new security and software updates for smartphones and Macs in fear of attacks from crypto phishers. Kaspersky’s report on the vulnerabilities and potential lack of protection made Apple take this measure. Updates to iOS 16.4.1 and macOS 13.3.1 address the two vulnerabilities. CVE-2023-28205 and CVE-2023-28206. Both of these

April 20, 2023 1 min read

MetaMask Refutes $10.5M Hack Claim Pointing Towards Wallet Exploit

Claims that a vulnerability in the MetaMask crypto wallet was responsible for a “massive wallet draining operation” that stole more than 5,000 Ether have been refuted by the wallet’s developer. Taylor Monahan, the founder of Ethereum wallet manager MyCrypto, published a series of updates on April 17 detailing how an

April 19, 2023 1 min read

DeFi Protocol SafeMoon Hacker Agrees to Return 80% of Stolen Funds

SafeMoon is a protocol for decentralized finance (DeFi) built on BNB Chain. On March 28, hackers stole 27,000 BNB, valued at about $8.9 million. According to a blockchain message published by SafeMoon on April 18, the attacker responsible for the theft of $8.9 million in BNB has promised to refund

April 19, 2023 1 min read