Justin Sun’s Move Against Poloniex Attackers
Crypto exchange platform Poloniex was attacked by a bad actor, losing over $60 million of its customer’s funds. The Justin Sun led
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Attackers
Attackers Left Empty-Handed as Crypto Hacks Drop 70% in Q1 2023
“To date, hacking victims have recovered over half of all stolen funds in Q1 2023,” the firm added. “For example, in March 2023, a hacker exploited a bug in Tender.fi’s code that allowed the attacker to steal over USD 1.5 million. The hacker later contacted Tender.fi and agreed to return
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Hackers copied Mango Markets attacker’s methods to exploit Lodestar: CertiK
According to a post-mortem analysis provided by CertiK of the $5.8 million Lodestar Finance exploit that occurred on Dec. 10, 5. The hacker burned a little over 3 million in GLP, their profit on this exploit was the stolen funds on Lodestar - minus the GLP they burned.6. 2.8 Million of
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How Attackers Made $15M From Staking Platform Helio After Ankr Exploit
Oracles are third-party services that fetch data from outside sources to within a certain blockchain. Oracles are extensively used by decentralized finance (DeFi) protocols to ensure their lending, borrowing and other services are accurate. Delays, however, could mean the loss of funds as malicious traders take advantage of price differences. Source
Read MoreHow Attackers Stole Around $1.1M Worth of Tokens From Decentralized Music Project Audius
The sophisticated exploit involved attackers passing a malicious governance proposal by exploiting smart contracts. Original Source
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Attackers loot $5M from Osmosis in LP exploit, $2M returned soon after
Osmosis, a decentralized exchange (DEX) built on the Cosmos network, was halted just before 3:00 am EST on Wednesday after attackers exploited a liquidity provider (LP) bug to the tune of roughly $5 million.The bug was first identified in a Reddit post on the official Cosmos Network page. The user, Straight-Hat3855, brought
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DeFi protocols declare losses as attackers exploit LUNA price feed discrepancy
The seemingly endless freefall of Terra (LUNA) affected two decentralized finance (DeFi) protocols due to a price discrepancy, as the Chainlink price feed for LUNA gets suspended over extreme market conditions. Avalanche-based liquidity protocol Blizz Finance reported that as the price of LUNA was stuck at $0.10, attackers were able to deposit
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Attackers Steal $80 Million From Rari Capital’s Fuse Platform, Fei Protocol Suffers From Exploit – Bitcoin News
Jamie Redman Jamie Redman is the News Lead at Cryptox.trade News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than
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Ola Finance Says Attackers Stole $4.7M in Re-Entrancy Exploit
A post-mortem released Friday showed the funds were lost in a “reentrancy” attack. Original Source
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Bitmart Loses $200 Million in Hack Performed by Unknown Attackers – Bitcoin News
Bitmart, a cryptocurrency exchange, suffered an attack yesterday that exploited some security vulnerabilities in order to gain access to the funds of the exchange. The attack targeted the hot wallets of the platform, specifically the Ethereum and Binance Smart Chain-based wallets. The hackers managed to take almost $200 million in
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