News about HACK

News about Hack

Inside the international sting operation to catch North Korean crypto hackers

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Simple security advice that can help protect your wallet from hackers

The two primary ways to get hacked in crypto are: (1) giving away your seed phrase to a third party who can access your wallet, and (2) connecting your wallet to a malicious site, giving it the authorization to make transactions on your behalf. When...

SushiSwap hacked, Head Chef says 'revoke all chains'

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Crypto Hacks in Q1 2023

In Q1 2023, hackers accessed over $320 million through 139 incidents on BNB Chain and losses of $221 million on Ethereum. While significantly lower than Q1 and Q4 2022, the quarter saw hundreds of millions lost, with 60% due to the Euler Finance hack...

Miner Gryphon sent $500,000 worth of partner Sphere's bitcoin to a hacker pretending to be Sphere's CFO.

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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. Hackers were able to gain access to more than $320 million ju...

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. Hackers were able to gain access to more than $320 million in the firs...

Euler team denies on-chain sleuth was a suspect in hack case

The investigator claimed to be targeted as a suspect because they maintained a crypto security repo on GitHub. The pseudonymous Twitter user and blockchain investigato...

Wells Fargo has paid more in fines since 2000s ($25b) than all of the money stolen via crypto hacks and exploits ($6.46b)

Wells Fargo is one of the largest banks in the US and since the 21st century, they have paid 25b in fines related to harming customers. That is 3x the amount of money that has been stolen through crypto hacks and scams. To put it into perspecti...

Sentiment recovers $870K after negotiations with hacker

The hacker returned 414 Ether in one initial transaction and 51.75 ETH in another, returning 90% of the stolen funds. Lending protocol Sentiment has managed to recover...

Allbridge Provides Compensation Plan for Hacked Users

Allbridge has posted a recovery plan after being hacked for $573,000 on April 1, stating that users with funds stuck on the token bridge are first in line to receive compensation. Allbridge has already started the compensation process for users despi...

Cryptocurrency Exchange Hacks and Insurance: Risks, Coverage, and Limitations

Individuals and institutions are increasingly using cryptocurrency exchanges to purchase, sell, and trade cryptocurrencies, such as Bitcoin, Ethereum, and Litecoin. However, the rise of cryptocurrency exchanges has resulted in an increase in security...

Euler Finance Hacker Returns Stolen Funds

Euler Finance has recovered most of the funds stolen in a flash loan attack that drained millions of dollars from various tokens, including Dai and USDC. After negotiating with the hacker, Euler Finance convinced the individual to return the majority...

Safemoon lost ~10% of their market cap from a hack where anyone could burn anyone else's tokens. Now, a data miner has discovered a 'bug' where any user could change the password of any other user and hence gain wallet access

The show must go on, as they say. And Safemoon are putting on one hell of a show. A quick background on the initial 10 Million hack is that there was a 'bug' in the contract that allowed any user to burn any other user's tokens. In...

Euler Finance hacker returns ‘all of the recoverable funds’

Euler Finance has announced a total possible recovery of all the stolen funds. The recovery ends the $1 million bounty that Euler Labs had issued. The total recovery comes after Euler Finance convinced the hacker to return the money. Euler Finance...

Euler Labs hacker returns ‘all of the recoverable funds’ — Timeline

Twenty-three days after the hack, on April 4, Euler Finance announced the total possible recovery of the lost funds, thus ending the $1 million bounty. After being rob...

Euler Says All 'Recoverable Funds' Stolen in $200M Hack Have Been Returned

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Top 9 hacker and cybersecurity movies

Movies about hacking and cybersecurity, such as WarGames, The Matrix and Mr. Robot, have helped viewers explore the potential risks of technology. Watching hacker and...

Allbridge Hack: Cross-Chain Protocol Loses $570,000 To Exploiter

Allbridge was reportedly the victim of the most recent theft to sweep the industry, with Peckshield, a blockchain security company, claiming that $570,000 was stolen from the cross-chain protocol. The theft of $282,889 in Binance USD and $290,868 in...

Gnosis launches Hashi bridge aggregator to help prevent hacks

Bridge protocols LayerZero, Celer, Wormhole, LiFi, and others have already committed to implementing the new protocol. Gnosis, the team behind Gnosis Safe multi-sig an...

BitKeep Compensates Users After $8M Hack

BitKeep has fully compensated 11,090 users affected by the Dec. 26, 2022, hack that resulted in an estimated $8 million loss. BitKeep will rebrand to Bitget Wallet and have access to Bitget’s $300 million User Protection Fund for future security thre...

Since 2020, Wells Fargo has paid more in fines than crypto has in hacks

$25B since the year 2000. Obviously the scale they operate on is just absolutely huge but these are financial penalties for a regulated institution. “Regulated” is a bit of a misnomer and really just feels like “permissioned”. Crypto has ~$6.45B in h...

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