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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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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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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Ethereum Lending Protocol XCarnival Hit With $3.8M Exploit, Recovers 50%

Singapore-based metaverse lending protocol XCarnival recovered 1,467 ether following an exploit that saw a hacker siphon 3,087 ETH out of the platform.

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Blockchain data platform Chainalysis introduces ‘Crypto Incident Response Program’

Chainalysis, a blockchain data platform, today announced the launch of the Chainalysis Crypto Incident Response Service, a rapid response service for organizations that have been targeted by incidents such as a cyber attack, ransomware, market manipulation, or another type of exploit that involves a cryptocurrency theft or demand.

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Here's Exactly How Hacker Stole $13.4 Million from This DeFi Platform

Another platform attacked using simple exploit scheme

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DeFi Stablecoin Platform Beanstalk Suffers ~$80M Hack

Another DeFi platform took a major hit today, as the decentralized, credit-based stablecoin Beanstalk (with it’s stablecoin $BEAN) has broken it’s peg following a roughly $80M hack. Speculation has been left, right and center and a number of sleuths have been tracking the movement of funds and studying the exploit that has likely left Beanstalk Farms in the dust.

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Axie Infinity’s Ronin Network Hack Sees $625M in USD and ETH Lost

Ronin Network, a gaming-focused platform, announced that it had experienced a loss of over $625 million in USDC and ETH. The hack marks the largest yet ever made in the DeFi space. Ronin’s blog post states that the exploit affected…

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Deus Finance exploited for over $3M worth of cryptocurrencies

Deus Finance is the latest victim of a hacking attack in the decentralized finance (DeFi) sector. The DeFi platform suffered a $3 million exploit. Deus Finance has since confirmed that the exploit happened.

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Sequoia Capital Aims to Exploit Weaknesses in OpenSea’s Dominance

Sequoia Capital is set to exploit certain things they consider to be weaknesses associated with OpenSea’s NFT marketplace dominance OpenSea: Google or Yahoo When it comes to NFTs, OpenSea is the gold standard for NFT marketplaces; this platform currently controls over 43% of the NFT trading market.

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OpenSea Faces $1M Lawsuit Over Hacked Bored Ape

A now former Bored Ape Yacht Club owner is entering uncharted territory this week and filing a lawsuit against leading NFT marketplace OpenSea. The move comes after the former Bored Ape owner was subject to an exploit on the platform that involved inactive listings, and led to hackers being able to ‘purchase’ the Ape for […]

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OpenSea Confirms Phishing Attack Affecting Multiple Users, Here Are The Facts

Almost 12 hours ago, leading NFT marketplace OpenSea confirmed its team was investigating a potential exploit related to its smart contracts. The platform claimed it was attacked by a phishing strategy that apparently “originated outside” of its website.

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OpenSea smart contract upgrade to remove inactive NFT listings on Ethereum (ETH)

OpenSea, the largest marketplace for non-fungible tokens (NFTs), has released an upgrade to its smart contract. The upgrade will remove inactive listings on the platform. This critical upgrade comes at a critical time for the NFT marketplace, whose users recently suffered an exploit on inactive listings.

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Open Gaming Platform Itch Rubbishes NFTs as a ‘Scam to Exploit Creators’

Itch, the open source gaming platform, on Sunday criticized non-fungible tokens (NFTs) as a get-rich-quick scam targeted at exploiting creators of digital artistic content. Sponsored Sponsored “NFTs are a scam,” Itch.

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Clever NFT traders exploit crypto’s unregulated landscape by wash trading on LooksRare

LooksRare aims to be an alternative to OpenSea, but the amount of wash trading on the platform raises questions on whether users really view it as a viable competitor.

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OpenSea Vulnerability Leads to Exploit of Numerous NFTs, Hacker Makes 150 ETH

Another user takes advantage of a vulnerability on the platform

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Grey Hat Hacker Agrees To Return 80% Of Funds Stolen In Multichain Exploit

Cross-chain DeFi platform Multichain has been the latest in what is now a long line of DeFi protocols being exploited. This time around, the attackers were able to steal user funds from the platform by gaining access to accounts that haven’t revoked access to the platform.

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Badger DAO falls prey to DeFi exploit, losses estimated at $10 million

Badger DAO, a Bitcoin-focused DeFi platform, has been allegedly exploited. The platform tweeted earlier today that it received reports of "unauthorized withdrawals of user funds." It stated, "Our invThe post Badger DAO falls prey to DeFi exploit, losses estimated at $10 million appeared first on AMBCrypto.

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DeFi bZx Losses $55M After its Developer’s Private Key Was Compromised In A Phishing Attack

Trading and lending platform bZx suffered an exploit of $55 million in yet another round of compromise. The decentralized finance (DeFi) protocol reported on Friday that the private key controlling the project’s deployments on Polygon and Binance Smart Chain (BSC) was compromised, leading to the loss of funds.

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BXH DeFi Exploit Drains an Estimated $130M, Token Price Tanks

The latest decentralized finance (DeFi) platform to suffer at the hands of hackers has been the BXH transaction protocol and it may become the second largest exploit ever. The post BXH DeFi Exploit Drains an Estimated $130M, Token Price Tanks appeared first on BeInCrypto.

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Fantom protocol Stake Steak's token crashes by 99% post private key exploit

Popular DeFi protocol Stake Steak is in the news today after it suffered an exploit that allowed hackers to mint an exponential amount of the platform's STEAK token. Soon after, its price plummeted byThe post Fantom protocol Stake Steak's token crashes by 99% post private key exploit appeared first on AMBCrypto.

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DeFi Platform pNetwork Lost $12 Million Wrapped BTC to Hackers

Hackers exploit pNetwork and makes away with $12M in wrapped BTC (pBTC). Platform says bug only affected the BSC Bridge, offers hacker $1. 5 million for returning funds. Affected users to be compensated.

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Another hit on Avalanche as Vee Finance exploited for $35 million

Another decentralized finance (DeFi) protocol on Avalanche (AVAX) chain, Vee Finance, has fallen victim to an attack, merely a week after Zabu Finance got hit.   The lending protocol platform has confirmed the exploit on Twitter, which counts as the second major attack in the Avalanche ecosystem.

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Exec issues FBI warning as SushiSwap's MISO suffers $3M exploit

Decentralized finance [DeFi] project SushiSwap suffered an exploit on its token platform - MISO. The attack resulted in the hacker stealing 864.8 ETH, currently worth $3 million. The incident was fThe post Exec issues FBI warning as SushiSwap's MISO suffers $3M exploit appeared first on AMBCrypto.

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CREAM Finance Addresses Recent Exploit

Decentralized finance (DeFi) lending platform CREAM Finance addressed the recent exploit it experienced, providing a ‘postmortem’ in a recent blog post. The post CREAM Finance Addresses Recent Exploit appeared first on BeInCrypto.

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White Hat Rescue Operation Saved SushiSwap (SUSHI) from Losing $350 Million

Decentralized exchange (DEX) SushiSwap was saved from joining the long list of hacked DeFi platforms after a white hat discovered an exploit and prevented a potential $350 million theft.  SushiSwap Rescued from Being Hack Victim Samczsn, a research partner at venture capital firm Paradigm, prevented SushiSwap’s MISO platform from losing $350 million worth of ETH.Read More

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‘Audited’ DeFi project Popsicle Finance gets exploited for $21 million

Multichain yield platform Popsicle Finance ($ICE) suffered a significant exploit today, resulting in a loss of $21 million. The post ‘Audited’ DeFi project Popsicle Finance gets exploited for $21 million appeared first on CryptoSlate.

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Bondly Finance urges users to stop trading following alleged exploit

The DeFi platform’s native token price dropped more than 60% following a compromise by an unknown party.

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ChainSwap Loses $8 Million In Second Exploit

ChainSwap has experienced another exploit in what has turned out to be a terrifying month for the exchange. The platform which acts as a bridge for assets had succumbed to an exploit earlier this month, and now, only eight days later, ChainSwap has succumbed to another exploit.

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BurgerSwap Flash Loan Exploit Leaves $7.2 Million in Losses of Stolen Ether, BNB, and More

Another Binance Smart Chain project was exploited by a flash loan attack, with DeFi platform BurgerSwap being the victim this time. According to a twitter post written by the Burgerswap Team, there were approximately $7.

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DeFi platform ‘bEarn Fi’ promises 105% compensation after $10 million hack, but is it the right thing?

Cross-chain decentralized finance (DeFi) yield farming platform bEarn Fi fell victim to an exploit in its smart contract on Sunday, allowing a malicious user to siphon $10. 85 million worth of Binance USD (BUSD) stablecoins from one of its vaults.

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Ultra-rare Meebit NFT minted via exploit sells for $765,000

An exploit in non-fungible token (NFT) platform Meebits, created by the developers of “OG” collectibles CryptoPunks, allowed one user to cheat the system and get an ultra-rare NFT—which he immediately sold for 200 Ethereum (around $765,000 currently).

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The most recently hacked DeFi project couldn’t even copy and paste Uniswap and Sushiswap’s code

Earlier this week, Uranium Finance, a Binance Smart Chain-based DeFi project, claimed to have lost $50 million dollars in an exploit of its platform, which had borrowed code extensively from Uniswap, a leading decentralized crypto exchange that runs on the Ethereum blockchain.

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