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The saga started earlier this week when Multichain instructed its users to remove approvals for six tokens, warning that otherwise their assets would be exposed to a security vulnerability. The tokens were WETH, PERI, OMT, WBNB, MATIC and AVAX. Multichain tweeted on Tuesday that hackers had siphoned about $1.4M in
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The latest in the industry is the hacking of Lympo, a sports NFT platform and a subsidiary of Animoca Brands. Through hot wallet hacking, the platform just lost about 165.2 million LMT tokens, equivalent to $18.7 million during the time of this hack. Cryptocurrency hacking, though not frequently experienced, remains of
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CityDAO, the experiment into decentralized land ownership, has fallen victim to a $95,000 hack by fraudsters on gaming instant messaging site Discord.An attacker hacked one of the project's admin accounts on Discord, according to the group's Twitter account."EMERGENCY NOTICE. A CityDAO Discord admin account has been hacked. THERE IS NO
Read MoreThe New York Department of Financial Services, or NYDFS, has released a lengthy report analyzing the impact of July’s high-profile Twitter hack, which resulted in the theft of over $118,000 worth of Bitcoin (BTC). Far beyond the immediate material impact, the NYDFS states that the incident exposed deep cybersecurity weaknesses of a publicly-traded
Read MoreThe FBI executed a search warrant against a 16-year-old Massachusetts resident in connection with the massive Twitter breach.According to a New York Times report, on Sept. 1 authorities raided the home of a 16-year-old boy who may have played an “equal, if not more significant role” in the infamous July
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