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
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
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
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
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
On Saturday, the multi-chain lending protocol Hundred Finance said that it had been hacked on the Ethereum layer-2 blockchain Optimism, losing almost $7 million in the process. The protocol team has warned against speculation until an official statement has been released detailing the findings of the post-mortem they are doing
According to the New York Department of Justice, U.S. District Judge Paul G. Gardephe sentenced James Zhong to a year in prison after learning about the government’s plans to sell 41,000 seized bitcoin (BTC) this calendar year and the sale of 9,861.1707894 BTC on March 14, 2023. By setting up
History Latinoamérica’s (@HistoryLA) Twitter account was hacked. And used to spread a hoax concerning Ripple CEO Brad Garlinghouse and the cryptocurrency XRP. A picture of Garlinghouse and the word “VICTORY!!” were tweeted with a bogus link from the hijacked account. Authorities and individuals alike are becoming concerned about the prevalence
The GDAC cryptocurrency exchange in South Korea was hacked for around $13.9 million. According to an April 10 release from GDAC CEO Han Seunghwan, the exchange has paused all deposits and withdrawals while it performs emergency system work in reaction to the assault. The notification claims that the attacker got
According to reports, Terraport, the newly released Terra Classic DeFi platform created by TerraCVita, has been hacked. On April 10, Terraport Finance stated through a tweet that it had discovered a security hole in the Terraport Liquidity wallet. The group is trying to fix the problem and safeguard the protocol.
