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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied United States law enforcement agents slammed wire fraud and money laundering charges against a former security engineer from New York. He is accused of hacking a decentralized exchange (DEX) and stealing $9 million in July 2022. The
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A former security engineer for an international technology firm has been arrested and charged for allegedly using a smart contract bug to steal $9 million in cryptocurrency from a Solana-based decentralized crypto exchange.On June 11, the United States Attorney for the Southern District of New York Damian Williams announced the
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The Arcadia Finance attacker used a reentrancy exploit to drain $455,000 from the decentralized finance (DeFi) protocol, according to a July 10 post-mortem report issued by the app’s development team. A “reentrancy exploit” is a bug that allows an attacker to “re-enter” a contract or interrupt it during a multi-step
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied A British hacker, Joseph O’Connor, aka the PlugwalkJoe, has been sentenced to five years in a United States prison for stealing $794,000 worth of crypto through a SIM swap attack. The SIM swap attack case O’Connor was initially
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British Hacker Joseph O’Connor, also known online as PlugwalkJoe, has been sentenced to five years in U.S. prison for his role in stealing $794,000 worth of cryptocurrency via a SIM swap attack on a crypto exchange executive back in April 2019. O’Connor was initially arrested in Spain in July 2021
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Joseph O'Conner, a British man who made roughly $900,000 in an elaborate Twitter hack and a separate crypto-related SIM-swapping scheme, received a 5 year sentence from a federal judge on Friday, Inner City Press reported. Source
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Decentralized finance (DeFi) platform Sturdy Finance has offered a $100,000 bounty to the hacker that exploited the protocol. The lending platform said that its team won't pursue the issue further if the attacker accepts the offer. On June 12, the DeFi platform suffered a loss of almost $800,000 in digital assets
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Illicit funds gained from the $35 million Atomic Wallet hack have been moving to a crypto mixer known to be favored by North Korea’s most notorious cyber-hacking group.On June 5, blockchain compliance analytics firm Elliptic reported that its Investigations Team has traced funds from the $35 million Atomic Wallet hack
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Decentralized finance (DeFi) platform Jimbos Protocol has offered 10% of the exploited funds to the general public after giving the hacker several days to respond to the deal.On May 28, the Arbitrum-based DeFi app was exploited, resulting in a loss of 4,000 Ether (ETH). After taking advantage of the lack
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In a recent tweet, Pavel Luptak, a hacker and member of the Institute for Cryptoanarchy, expressed skepticism about the widespread adoption of decentralized cryptocurrencies in the current world order. Luptak believes that cryptocurrencies will never go mainstream
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