Web3 protocols saw decline in in security-related losses in Q2, but exit scams were on the rise

Web3 protocols losses to hacks and exploits during the second quarter plunged 58% to $313. 5 million from $745 million stolen around the same period last year, according to a CertiK report shared with CryptoSlate. дальше »

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Money Lost To Crypto Ponzi Schemes In 2022 Surpasses Hacks And Exploits

According to a new report by TRM, more money was lost to cryptocurrency Ponzi schemes and scams throughout 2022 than to hacks and exploits. In the past year, crypto investors were scammed through various Ponzi schemes to the tune of at least $7. дальше »

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“Pig Butchering” Scams Continue to Undermine Trust in Crypto

A common swindle, known the "Pig Butchering" crypto scam, exploits the human foible of wanting easy profilts and fast returns. Scammers often prey on the most vulnerable members of society. The post “Pig Butchering” Scams Continue to Undermine Trust in Crypto appeared first on BeInCrypto. дальше »

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‘Storage Proofs’ Touted as Alternative to Hack-Prone Bridges in Multichain World

Storage proofs, a feature that could minimize cross-chain exploits by allowing users to keep their assets on one chain and prove that it's there on a different chain, will go live on Starknet soon. дальше »

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White hat hacker exploits Hashflow for $600K, seemingly just to return funds

Multi-chain trading platform Hashflow said on June 14 that it suffered an incident affecting hundreds of thousands in funds. $600K affected Hashflow did not explicitly confirm that it had been attacked but said that $600,000 of funds had been affected. дальше »

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Hacker Exploits Sturdy Finance, Drains $800,000 From The Lending Protocol

DeFi lending protocol, Sturdy Finance has lost nearly $800,000 in ETH to an attack. The protocol confirmed the incident in a June 12 tweet after receiving an alert from blockchain security firm, PeckShield. дальше »

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Losses from crypto rug pulls outpaced DeFi exploits in May: Finance Redefined

The top 100 DeFi tokens had a bullish last week of May, with most of the tokens recovering from two weeks of bearish pressure.

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Bridge Exploits Cost $2B in 2022, Here’s How They Could Have Been Averted

The bridges that are essential to our multi-chain cryptoverse are vulnerable to hacks. But an analysis of some of the biggest exploits of the past year reveals that applying multiple security measures in combination could have blocked the attacks, writes Gnosis co-founder Martin Koppelmann. дальше »

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Crypto Investors Lost $54M to Rugpulls, Scams in May: Blockchain Security Firm De.Fi

May saw fewer exploits than April, suggesting better security practices among crypto users and developers. дальше »

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Losses from crypto rug pulls outpaced DeFi exploits in May: Beosin

Over $45 million was lost to exit scams in May, while exploits on DeFi protocols racked up less than half that amount over the same period. дальше »

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Crypto scams and exploits in May led to $60M loss: CertiK

Crypto-related exploits, hacks, and scams in May resulted in nearly $60 million in losses, according to blockchain security firm Certik. On May 31, CertiK confirmed that malicious players in the industry stole $59. дальше »

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NFT Artist Exploits Cancer Story, Rug Pulls Pixel Penguins Project

The Pixel Penguins initiative, originally intended to help the artist in her fight against cancer, now symbolizes betrayal. The post NFT Artist Exploits Cancer Story, Rug Pulls Pixel Penguins Project appeared first on BeInCrypto. дальше »

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A week filled with exploits and uncertainty for DeFi: Finance Redefined

DeFi saw another multimillion-dollar rug pull this past week, and the Multichain saga continues to spiral out of control.

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Polygon Integrates De.Fi’s Web3 Antivirus to Thwart Hacks and Exploits

Polygon, the Ethereum layer-2 chain, is working with De.Fi to integrate its WEb3 antivirus. But what is it? The post Polygon Integrates De.Fi’s Web3 Antivirus to Thwart Hacks and Exploits appeared first on BeInCrypto. дальше »

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Philippine Police cracks latest crypto scam; 1,090 people rescued

Philippine Police rescued 1,090 persons who were trafficked into the country in connection with a cryptocurrency scam. According to CertiK, crypto-related exploits, hacks, and scams cost the inThe post Philippine Police cracks latest crypto scam; 1,090 people rescued appeared first on AMBCrypto. дальше »

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Liquid staking solutions now have more TVL than DEXs: Finance Redefined

April was a month of hacks, exploits and rug pulls, resulting in over $100 million in net losses across DeFi platforms.

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Ripple Lawsuit: Crypto Attorney Claims SEC Exploits Legal Uncertainty for Its Gain

John Deaton believes SEC is exploiting legal uncertainty дальше »

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Crypto industry loses $103m in April amid exploits, report shows

April was a rough month for the crypto world, as CertiK's report on crypto exploits, scams, and hacks revealed losses of over $103 million from various investors and projects. дальше »

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Hackers stole $93M from crypto projects in April

Crypto exploiters stole $93. 4 million from 41 exploits on crypto projects — averaging more than one exploit daily, according to Peckshield data. According to the blockchain security firm, this represents a significant decline compared to the amount stolen in March. дальше »

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Crypto Attacks Ramped Up in April, $100M Lost to Hacks and Exploits

Crypto attacks in April exceeded $100M, adding to the already substantial sum stolen in 2023. DeFi was the main target last month. The post Crypto Attacks Ramped Up in April, $100M Lost to Hacks and Exploits appeared first on BeInCrypto. дальше »

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Halborn - Elite Blockchain Security Solutions

David Schwed is COO at Halborn, an Elite Blockchain Security Solutions provider. Halborn brings ethical hackers and blockchain specialists into companies to protect the services and apps from cyber attacks and exploits. дальше »

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Analyzing SushiSwap's next steps as it recovers from the latest exploit

SushiSwap initiates plans to refund users affected by recent exploits. The protocol approached Lido for assistance as massive amounts of the stolen funds were sent to the protocol. Over the The post Analyzing SushiSwap's next steps as it recovers from the latest exploit appeared first on AMBCrypto. дальше »

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Here's how much is lost to crypto hacks and exploits in Q1 2023

BNB Chain had the largest number of incidents in the quarter, while Ethereum had the biggest amount lost.

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Here’s how much was lost to crypto hacks and exploits in Q1 2023

BNB Chain had the most incidents during the quarter, while Ethereum saw the largest amount lost.

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BNB Chain announces hard fork after it was 'most targeted' in Q1 2023

As part of the upgrade, enhancements will be pushed to make the cross-chain bridge more secure BNB Chain was the most targeted chain in Q1 2023 with 33 incidents of hacks and exploits The BNThe post BNB Chain announces hard fork after it was 'most targeted' in Q1 2023 appeared first on AMBCrypto. дальше »

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Exploits of 2023: How Sentiment became a victim to this malicious hack

Sentiment was the victim of a reentry assault on 4 April and the assailant took nearly $1 million. Hackers, who continue to make the DeFi market a top target, recently preyed on Sentiment. дальше »

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A Comprehensive Guide on How to Thwart Crypto Hackers in 2023

The crypto market has witnessed countless hacks and exploits over the years. This has directly affected the mainstream adoption rate. Ergo, technological innovation is a must to protect customer assets and help exchanges and firms stay one step ahead of hackers. дальше »

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North Korean Regime Exploits Crypto Mining Services for Cover

Cybersecurity firm Mandiant has recently uncovered that North Korean cyber operator APT43 is exploiting cryptocurrency mining services to launder stolen funds and finance its espionage activities дальше »

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THORChain halts Operations Due To Network Vulnerability Report

In a new report, a cross-chain liquidity protocol THORChain has stopped trading activities on its mainnet due to a potential network vulnerability. By taking this proactive step, the protocol may be among some cases that eluded hackers’ exploits. дальше »

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Crypto scams, exploits down 71% YoY as $370M lost since January

The crypto sphere lost $372 million to scams and exploits in the first quarter of 2023, according to a recent report from the creators of Rekt Database, De. Fi (formerly DeFiYieldApp. ) According to the report, Euler Finance, BonqDAO, and CoinDeal suffered the top three most considerable losses with $196 million, $120 million, and $45 million, respectively. дальше »

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Arbitrum airdrop hype grips DeFi world: Finance Redefined

The Arbitrum airdrop has created quite a hype in the DeFi industry, with several fake airdrops and exploits leading up to the distribution. дальше »

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DeFi insurance claims amounted to $34.4 million in 2022: Report

Analytics firm OpenCover's report revealed that DeFi insurance companies paid out $34. 4 million in claims in 2022. As per a previous LianAn Technology report, DeFi exploits across blockchains wThe post DeFi insurance claims amounted to $34. дальше »

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Hacker exploits upcoming ARB airdrop

Reports indicate that a hacker has sent gas to about 2,400 crypto wallets in preparation for the upcoming Arbitrum ARB airdrop.  дальше »

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Dfyn Version 2 Goes Live With On-Chain Limit Orders and Enhanced DEX Security

New vault contracts aim to protect users against liquidity pool exploits. дальше »

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Hot Wallets Exploits Push This Crypto ATM Maker To End Cloud Service

One of the challenges of the crypto industry is cybercrime. These nefarious activities come in diverse strategies such as network hacks, phishing, exploits, etc. 2022 was one of the worst years for the industry as many projects and DeFi protocols recorded massive losses to bad actors. дальше »

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Oasis Exploits Its Own Wallet Software to Seize Crypto Stolen in Wormhole Hack

The High Court of England and Wales ordered the crypto platform to reclaim the stolen funds. дальше »

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CoWSwap Loses Over 550 BNB Tokens Through Solver Exploit

The crypto industry has been trying to increase the safety of most crypto assets and protocols using modern technological approaches. However, issues of exploits in the industry are becoming more rampant than before. дальше »

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Breaking down stats as crypto witnesses 93% YoY decline on exploits

According to research, cryptocurrency hacks caused $8. 8 million in damages in January. When compared to the $121. 4 million in exploitable losses in January 2022, January's data indicated a 92. дальше »

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Crypto users lost $28m to scammers in January

A report by web3 security firm CertiK has revealed that crypto users lost a combined $28 million to an assortment of exploits, hacks, and scams in January. дальше »

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Bad Actors Could Continue Exploits In 2023, Security Firm Advises On Private Keys

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December DeFi exploits were the lowest in 2022: Finance Redefined

The DeFi market didn't see much change in its first week of new year compared to the last week of 2022 as the price momentum remained in a similar zone. дальше »

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Crypto and DeFi Losses Hit $3.9 Billion in 2022, Says Report

2022 saw billions of losses to DeFi and crypto exploits. Only 5.2% of the losses were recovered, according to a report by Immunefi. The post Crypto and DeFi Losses Hit $3.9 Billion in 2022, Says Report appeared first on BeInCrypto. дальше »

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No ‘respite’ for exploits, flash loans or exit scams in 2023: Cybersecurity firm

The industry is likely to see “further attempts from hackers targeting bridges in 2023," while users are urged to be warier of their private keys. дальше »

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DeFi sees exploits and exit scam drama in the last week of 2022: Finance Redefined

The last week of 2022 didn't turn out to be a good one as the industry recorded multiple exploits and an exit scam scare.

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The 10 largest crypto hacks and exploits in 2022 saw $2.1B stolen

Just the top 10 major cryptocurrency exploits garnered over $2 billion for malicious actors in a year that was marred with bankruptcies and collapses. дальше »

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Cross-Chain Bridge Hacks Were the Newest Headache in 2022 for Crypto Users

According to a report published earlier this year, cross-chain bridges are the victim of 50% of all DeFi exploits. The post Cross-Chain Bridge Hacks Were the Newest Headache in 2022 for Crypto Users appeared first on BeInCrypto. дальше »

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Crypto’s Responsibility to Law Enforcement in 2023 and Beyond

After a series of high profile exploits and indications that blockchain is being used to launder money, the industry and law enforcement have to develop better practices and tools to follow the money. дальше »

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This Was the Worst Year for Crypto Hacks. Here’s How 2023 Can Be Better

OpenZeppelin’s Stephen Lloyd Webber writes about the plague of exploits that drained billions from crypto protocols – and how Web3 can better secure itself. дальше »

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Algorand price fails to take off amid World Cup exploits. What next?

Algorand is bearish despite World Cup sponsorship The token has crashed due to a bear market ALGO may face further weakness unless bulls recover above $0. 28 Algorand (ALGO/USD) was a cryptocurrency expected to shine as the FIFA World Cup kicked off last month. дальше »

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Hacker Exploits BNB Chain-Based DeFi Protocol Ankr

Ankr has become the latest decentralized finance protocol to suffer an exploit дальше »

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