An estimated $120 million was taken from the protocol of a tiny decentralized autonomous organization (DAO). Due to a pretty large smart contract vulnerability. On February 1st, BonqDAO informed its Twitter followers of an oracle attack that compromised the Bonq protocol. And enabled the exploiter to influence the price of
The crypto market witnessed its first major cyber attack of the year in the form of a social media hack negatively impacting the NFT project Azuki. On January 27, the Twitter account of Azuki, a well-known non-fungible token (NFT) project, compromised. Enabling hackers to seize USD coins worth over $750,000.
The wormhole bridge exploiters are back in action. While tracking down the so-called wallet address of the hacker, a brief amount of Ethereum was transferred on 23rd Jan of 2022. Two interesting transactions on the list, one is presumably between exploiter and exploiter 2, which sums around 1,889 ETH with
The US Federal Bureau of Investigation (FBI) has revealed the chief culprits of Harmony’s Horizon Bridge Hack. It confirmed two notorious cyber actor groups – Lazarus Group and APT-38, as the responsible agents of the $100M theft in the January 23 press release. Reportedly, these two groups are known to
Nikhil Gopalani, COO of RTFKT reported a hack of NFTs. As of December 2021, RTFKT, a next-generation crypto brand creating waves in the digital wearable industry and producing content in collaboration with artist Takashi Murakami, was acquired by Nike. On Monday, a fraudster apparently launched a phishing assault on Gopalani,
Last week, a group of investors claimed that $22 million in cryptocurrency had been taken from the trading platform 3Commas due to a breach in the company’s API credentials. Wednesday, 3Commas disclosed that it was responsible for the API vulnerability. The news broke when an unknown Twitter user leaked almost
Both versions of Defrost Finance, a decentralized leveraged trading platform built on the Avalanche blockchain, have been reported to have been hacked. This was announced after investors reported losing staked Defrost Finance (MELT) and Avalanche in their MetaMask wallets. Doran, a key member of Defrost Finance, revealed that Defrost v2
BitKeep wallet exploited of about $8 million. Users of the multichain cryptocurrency wallet BitKeep claimed on December 26 that their money had been emptied and moved without their knowledge or permission. The BitKeep team stated in their official Telegram channel that attackers have hijacked certain APK package downloads and inserted
The largest NFT marketplace OpenSea users underwent risk due to a new hack involving a feature on the OpenSea through phishing websites. As nonfungible tokens (NFTs) increased in popularity, scammers who frequently attempt to take advantage of users within the NFT market have increased in activity. OpenSea has a feature
Every then and there, occurs an incident, either a hack or an attack upon the crypto industry. The worst affected are always the exchanges, notably. In such terms, Raydium, the best functioning Decentralized Exchange (DEX) upon the Solana (SOL) blockchain was hacked on December 16th, 2022. The hack took place
