The assailants artificially inflated the value of their collateral and then borrowed heavily. According to the terms of the arrangement, the hacker must return $67 million in tokens. Recently, a thief made off with $100 million in cryptocurrency using an exploit in the Mango Markets platform. Mango DAO has given
Temple DAO, a DeFi protocol, was hack and lost more than $2.3 million. Mango Market, a platform based on Solana, lost $100M as a result of a hack. Crypto hacking has been the most tragic thing to happen in the crypto market. The prominent Binance exchange also hacked on October
The hacker exploited a flaw in the cross-chain DEX’s code. Hacker’s IP address, email address, and linked on-chain addresses were identified. Yesterday, a hacker made off with $21 million from the decentralized exchange (DEX) Transit Swap. But this morning, he or she returned 70% of it. The hacker exploited a
The CEO said that the company was still financially stable. The hacker’s ETH address is presently holding $163 million worth of digital assets. According to Gaevoy, the company is willing to consider the occurrence a “white hat” assault. Evgeny Gaevoy, founder and CEO of Wintermute, state that the business has
Total value locked (TVL) in the protocol drops from $30M to $4M after the attack. The team plans to give away all of its remaining treasury assets. When it comes to asset management firms, Babylon Finance is the most recent to shut down, but for an unusual reason. Recently, the
The assets taken from Ethereum have been transferred by Ronin hackers . Most of the stolen funds were first converted to ETH and sent to Tornado Cash. The Ethereum assets that were taken by Ronin hackers have been moved to the Bitcoin network. The hackers who carried out the $625
Malicious hacks and money laundering in the DeFi space are now in full swing. Curve.Finance, one of the top DeFi protocols, turned out to be the recent victim of nearly a $570k hack. On Friday, Binance CEO Changpeng Zhao revealed that the exchange had frozen or recovered $450,000 of the
Scammers attempted to attack DeBridge Finance, thought to be Lazarus Group. Recently, the Lazarus Group attacked Axie Infinity’s Ronin Bridge, wor.th $622M. According to the latest tweet thread from Alex Smirnov, the co-founder of Cross-Chain Interoperability Protocol, DeBridge Finance, his firm had been the victim of an attempted cyberattack, probably
It is claimed that 2224 ETH were lost as a consequence of the breach. The breakdown of key applications was blamed for the suspension of services. The crypto sector experienced major shocks this week as a result of security breaches involving Nomad and Solana. In a recent instance of a
Millions of dollars have been stolen from more than 5,000 wallets. The exploit appears to affect users of hot wallets connected to the Internet. The Solana ecosystem is the subject of cryptocurrency’s most recent breach, according to users who allege money from well-known internet-connected hot wallets including Phantom, Slope, and
