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
On December 10th, a flash loan attack was conducted using the Arbitrum-based Lodestar Finance lending protocol. An attacker, as reported by Lodestar, artificially inflated the value of the plvGLP token used on the PlutusDAO platform. And then used that token to drain the platform dry of all available liquidity. Lodestar
It was reported on November 4 by prominent blockchain security outfit PeckshieldAlert and on-chain sleuth ZachXBT that a phishing scammer using the alias Monkey Drainer has stolen 7 CryptoPunks and 20 Otherdeed NFTs. Monkey Drainer just stole another 7 Crypto Punks and 20 Otherside NFTs worth $800k (520 ETH) 0xc2C05F11f6e4Dfba016982811Ab12c361E63f466
Deribit places 99 percent of its cash in cold storage. Withdrawals would not be allowed until full control is regained. This year, crypto hacking has become a serious problem for some of the most prominent cryptocurrency exchanges. Recently, Deribit has just fallen victim to a hack. The Deribit cryptocurrency exchange
It was a phishing effort targeting unsuspecting customers. The bulk of the stolen funds are still sitting in Monkey Drainer’s wallet balance. The renowned fraudster “Monkey Drainer” has stolen about 700 ETH, or around $1M, in the previous 24 hours. Wallets with the last digits 0x02a and 0x626 were two
Price manipulation is the problem, as Peckshield put it in a tweet. Peckshield’s blog post revealed that the vulnerability had been reported by Chainsecurity. On October 24th, Quickswap detailed how a $220,000 hack occurred in the Market XYZ lending market. Quickswap Lend is closing, the team announced on Monday through
