Crypto Betting Platform Stake Compromised in $41 Million Exploit

Stake, a crypto betting platform backed by Drake, is in hot water for a suspected $41 million exploit. The platform has yet to publicly comment, raising concerns over its security measures. The post Crypto Betting Platform Stake Compromised in $41 Million Exploit appeared first on BeInCrypto.

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Hashflow assures users will be made whole following $600K exploit

The trading platform has provided instructions for the recovery of funds lost through a contract approval vulnerability.

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1 quadrillion yUSDT minted in Yearn Finance exploit

The hack was detected by blockchain security firm PeckShield. The hacker swapped the yUSDT to other stablecoins. The hacker has also transferred 1,000 Ether to Tornado Cash. Blockchain Security firm PeckShield recently detected an exploit on the lending platform Yearn Finance that resulted in an irregular minting of over 1 quadrillion Yearn Tether (yUSDT) using […] The post 1 quadrillion yUSDT minted in Yearn Finance exploit appeared first on CoinJournal.

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Euler Finance Lets Users Redeem Recovered Funds Following $200M Theft

Less than a month later after the decentralized crypto lending platform was exploited for roughly $200 million, Euler Finance has for the first time since the exploit allowed users to claim their capital.

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Metaverse Platform MetaPoint Suffers $1M Exploit that Sinks POT Value by 80%

Coinspeaker Metaverse Platform MetaPoint Suffers $1M Exploit that Sinks POT Value by 80% The MetaPoint exploit once again casts doubt on the fortification of blockchain technology after the platform lost more than 2,500 BNB.

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Metaverse Platform MetaPoint Exploited for Nearly $1M

Metaverse platform MetaPoint was hacked for nearly $1 million via a smart contracts exploit. POT token plummets after this incident. The post Metaverse Platform MetaPoint Exploited for Nearly $1M appeared first on BeInCrypto.

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Over $13 Million Stolen From South Korean Exchange GDAC

Crypto platform GDAC loses almost $13 million through a hot wallet exploit.

The post Over $13 Million Stolen From South Korean Exchange GDAC appeared first on BeInCrypto.

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New DeFi Trend: Sentiment Hacker Returns 90% of Stolen Funds After Exploit

The hacker who exploited the DeFi platform Sentiment has returned most of the funds, according to the team. This is similar to the Euler case. The post New DeFi Trend: Sentiment Hacker Returns 90% of Stolen Funds After Exploit appeared first on BeInCrypto.

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Allbridge hack aftermath: Platform set to begin compensating these victims first

Cross-chain platform Allbridge will begin compensating users that were affected by the recent bridge exploit. Users who had their transactions stuck following the exploit will be prioritized foThe post Allbridge hack aftermath: Platform set to begin compensating these victims first appeared first on AMBCrypto.

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Sentiment DeFi platform losses $1m to hacker on Arbitrum

Sentiment, a decentralized finance (DeFi) platform offering lending and borrowing services on the Arbitrum layer-2 network, was hit by a malicious exploit on April 4, resulting in a nearly $1 million loss.

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DeFi Lending Platform Sentiment Loses Nearly $1M to Exploit

DeFi Lending platform Sentiment suffered a reentrancy attack on April 4, with the attacker stealing somewhere close to $1 million. The post DeFi Lending Platform Sentiment Loses Nearly $1M to Exploit appeared first on BeInCrypto.

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Safemoon hacked for nearly $9 million

Safemoon has suffered an exploit of $8.9 million. The attacker reportedly took advantage of the “public burn” feature on the platform to orchestrate the heist in the BNB Chain-based DeFi protocol. Safemoon, a BNB Chain-based decentralized finance (DeFi) protocol, is…

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ParaSpace hack in retrospect: $5M rescued, large withdrawals time-locked, hacker wants fees back

The crypto and NFT staking platform ParaSpace experienced an attempted exploit that put $5 million at risk, according to various reports on March 17. The post ParaSpace hack in retrospect: $5M rescued, large withdrawals time-locked, hacker wants fees back appeared first on CryptoSlate.

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White hat hacker returns funds to Tender.fi for $97k bounty

The hacker responsible for the exploit of the decentralized finance lending platform Tender.fi has returned the stolen funds to the platform in exchange for a bounty reward of $97,000 in Ether.

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Tenderfi pauses borrowing due to a possible $1.58m exploit

Tender Finance, a DeFi lending and borrowing platform ceased all borrowing moments ago due to an "unusual amount of borrows," suggesting a possible hack into the protocol.

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DeFi lender Tender.fi suffers exploit, white hat hacker suspected

DeFi lending platform Tender.fi sees $1.59 million of assets drained by an alleged white hat hacker taking advantage of a misconfigured oracle.

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OKX Seizes 2 Million USDT Linked To CELT Exploit, Plans Restitution

The Seychelles-based crypto exchange OKX recently started investigations into the platform following the users’ allegations of market manipulation of the Celestial (CELT) token. In reality, Celestial’s developers announced the development of a new blockchain game on February 26.

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Jump Crypto and Oasis recover 120k ETH from Wormhole exploit

On Feb. 25, Jump Crypto, a web3 infrastructure firm, announced that it had successfully recovered the 120,000 ETH stolen during the infamous Wormhole exploit in 2022.   According to decentralized finance (DeFi) platform Oasis.

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Platypus Finance to compensate users affected by exploit, more inside

Platypus Finance has laid out compensation plans for users affected by last week's $9 million exploit. The platform will ensure a compensation of 63%, which may increase to 78% based on a goverThe post Platypus Finance to compensate users affected by exploit, more inside appeared first on AMBCrypto.

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CryptoSlate Wrapped Daily: AllianceBlock hacked for $12M; Nostr launches Damus app

The biggest news in the cryptoverse for February 1 saw DeFi platform AllianceBlock fall victim to a $12 million exploit. The post CryptoSlate Wrapped Daily: AllianceBlock hacked for $12M; Nostr launches Damus app appeared first on CryptoSlate.

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AAVE Seeks Proposal To Clear Itself Of Bad Debt – Can It Overcome These Obstacles?

The lending platform AAVE has been enjoying positive news lately. According to reports, AAVE has passed a governance proposal that would eradicate all bad debt it accumulated when Avraham Eisenberg, orchestrator of the Mango Markets exploit, targeted the platform’s Ethereum V2 liquidity pool back in November 2022.

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CFTC files suit against Avraham Eisenberg for market manipulation in Mango exploit

Eisenberg claimed his actions on the DeFi platform were legal and negotiated a “white hat” bug bounty after making off with over $100 million; the government is unconvinced.

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Nomad exploit wallet address transfers $1.5m to crypto mixer Tornado Cash

While the Nomad Bridge team works to relaunch the platform, a new movement of 1200 ETH has been detected from one of the wallet addresses associated with the hack.

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Mango Markets exploiter denied bail

Avraham Eisenberg, the individual behind the $110 million exploit on Solana-based platform Mango Markets (MNGO/USD), has been denied bail and ordered to remain in custody pending his trial. According to court documents released on Wednesday, Puerto Rico District Court Judge Bruce McGiven noted that Eisenberg would remain in jail as the prosecution had proved the […] The post Mango Markets exploiter denied bail appeared first on Invezz.

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Magic Eden to refund users after fake NFTs sold due to exploit

Over a dozen fake NFTs were sold on the Magic Eden marketplace due to a "massive exploit" on the platform.

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Mango attacker arrested in Puerto Rico

Avraham Eisenberg, who openly confirmed his exploit of cryptocurrency platform Mango Markets (MNGO/USD) in October, has been arrested. According to details in a complaint filed by United States Attorney Damian Williams at the Southern District of New York, Eisenberg was arrested on Monday in Puerto Rico.

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Top Cardano-powered DEX MinSwap saw front-running exploit

Minswap investigates a front-running attack on its platform after a user called their attention to a suspicious transaction.   Minswap, one of Cardano’s foremost multi-pool decentralized exchanges, experienced a front-running attack yesterday, Dec.

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How Attackers Made $15M From Staking Platform Helio After Ankr Exploit

A delay in updating price data on BNB-related derivative tokens allowed some exploiters to piggyback off a previous attack.

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Web3 protocol Ankr reports $5M in damages following BNB token exploit

A web3 infrastructure platform Ankr has reported that the approximate damage caused by the ongoing exploit might account for as much as $5 million worth of BNB tokens. The announcement follows the platform’s halt on trading after confirming an attack…

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Ankr Protocol Becomes Latest DeFi Exploit Victim

DeFi hackers have been busy while all attention is focused on Sam Bankman-Fried’s interviews. Ankr Procotol has reported an exploit on its platform. The post Ankr Protocol Becomes Latest DeFi Exploit Victim appeared first on BeInCrypto.

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Mango Markets hacker allegedly feigns Curve short attack to exploit Aave

It appears that shorting of CRV tokens was a distraction shot to exploit a sophisticated loophole on DeFi platform Aave.

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Skyward finance exploit allegedly results in $3 million loss

The hacker appears to have drained the platform of 1.1M NEAR tokens, worth an approximate $3 million dollars USD at time of publication.

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Team Finance hacker returns $7M of the exploited funds

The perpetrator behind the $14.5 million exploit carried out on DeFi platform Team Finance has started returning his loot, indicating that this was a white hat attack.  Team Finance projects get 90%The post Team Finance hacker returns $7M of the exploited funds appeared first on AMBCrypto.

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Another White Hat Hacker Returns Funds From Platform Exploit

A White Hat hacker has returned over $7 million from the $14.5 million that was stolen in the Team Finance attack. A majority of the funds are being transferred to the affected projects. The post Another White Hat Hacker Returns Funds From Platform Exploit appeared first on BeInCrypto.

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DeFi Liquidity Locking Platform Team Finance Hacked for $15.8 million

Team Finance, a DeFi platform used by other projects to lock their liquidity, has become the latest victim of a malicious exploit.

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Polygon-Based DeFi Platform QuickSwap Closes Lending Service After Exploit

The attack comes as October looks set to be the worst month for exploits and attacks in the history of cryptocurrencies.

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Mango Markets Exploiter Returns Funds, Issues Statement On Twitter

In the recent news, Mango Markets, a decentralized crypto platform based on Solana, experienced an exploit. According to a source, the attack led to a loss of $114 million worth of crypto tokens. Exploits in the crypto industry are increasingly becoming more rampant on different platforms.

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Mango Markets hacker brings bizarre proposal just hours after exploit

The hacker responsible for exploiting Mango Markets to the tune of $100 million, has come forward on the protocol’s governance proposal platform with a set of extraordinary demands.  Protocol hackThe post Mango Markets hacker brings bizarre proposal just hours after exploit appeared first on AMBCrypto.

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Solana-based DeFi platform Mango hit by $100 million exploit

Mango Markets is the latest decentralised financial (DeFi) platform to come under attack. Mango,… The post Solana-based DeFi platform Mango hit by $100 million exploit appeared first on CoinJournal.

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Solana-Based Decentralized Finance Platform Mango Hit by $100 Million Exploit

The apparent exploit of Mango Markets stemmed from the ability of an attacker to manipulate the value of their posted collateral.

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BNB Smart Chain to hard fork following $100M exploit

The upgrade is intended to fix the exploit that drained the platform of $100 million.

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BNB Smart Chain to Perform Hard Fork as Fix for $100M Exploit

The BNB Smart Chain will this week perform a hard fork as a fix for the exploit of Oct. 6 which drained an estimated $100 million from the platform.

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Transit Swap Managed To Recover 70% Of Stolen Funds After Exploit

On Sunday, the multichain decentralized exchange aggregator Transit Swap suffered an exploit resulting in $23 million losses. But fortunately, the project’s team managed to recover 70% of the stolen funds on the same day with the help of several blockchain security firms, which facilitated the platform immediately after the incident.  The blockchain security firms which […]

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Crypto market maker Wintermute hacked with over $160M stolen

Crypto market maker Wintermute has reportedly suffered an exploit, with roughly $160 million in digital assets stolen, the firm’s founder and CEO Evgeny Gaevoy has announced. This latest crypto news sees yet another instance where malicious actors have targeted a DeFi platform, stealing millions in crypto assets.

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DeFi Platform Kyber Says It Removed Attack Vector, Compensated Affected Wallet

Multichain decentralized finance (DeFi) platform Kyber said it removed the attack vector used in an exploit that saw $265,000 stolen on Sept. 1.

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Inside the $3B DeFi Exploit of Acala's Crypto Platform

The exploit of one of Acala's liquidity pools demonstrates how easily billions of dollars can be siphoned from DeFi platforms, potentially wreaking havoc on an entire industry in a matter of minutes.

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DeFi Platform Acala’s Stablecoin Falls 99% After Hackers Issue 1.3B Tokens

A bug in the protocol’s newly-deployed iBTC-aUSD liquidity pool left the door wide open for hackers to exploit.

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Solana is extremely ‘underrated’, says FTX CEO Sam Bankman-Fried

Solana (SOL/USD) is enormously underrated as a cryptocurrency project, even with its hiccups – including the latest exploit on one of the ecosystem apps. That’s what crypto billionaire Sam Bankman-Fried sums of the Layer1 blockchain platform in comments shared with Fortune in an interview.

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NFT Lending Pool XCarnival Loses Nearly $4M in Exploit; Hacker Accepts 1,500 ETH Bounty

A hacker exploited a smart contract in non-fungible token (NFT) lending pool XCarnival, stealing nearly $4 million from the platform The post NFT Lending Pool XCarnival Loses Nearly $4M in Exploit; Hacker Accepts 1,500 ETH Bounty appeared first on BeInCrypto.

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