News about HACKS

News about Hacks

Crypto heavyweights back new cybersecurity standards after nearly $4 billion was lost to hacks in 2022

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Why is DeFi still so vulnerable to hacks?

It seems that, despite the growing adoption, Defi still has security problems. That may be due to the fact that hackers are becoming better in discovering bugs: for example, the recent Curve exploit was caused by a bug in the code compilator of certa...

Last July Sees Unprecedented $486 Million Loss from Crypto Hacks, Rugpulls and Exploits. 6x more losses than the entire year of 2022.

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Crypto Stocks Suffer Due to Low Bitcoin Prices and Escalating Hacks and Exploits

The shares of companies in the cryptocurrency and blockchain technology sector dropped on Tuesday after the recent crypto exploit involving Curve Finance caused the price of Bitcoin to drop to a six-week low. The shares of the publicly listed crypt...

Crypto Hacks and Exploits Peak Year-to-Date in July: Report

The amount of money lost through hacks and exploits in the cryptocurrency sector surged the highest year-to-date to USD $303 million in July. The security platform focusing on blockchain technology, Certik, released an update about the losses today...

Another week of DeFi hacks, but ZK-proof development heats up: Finance Redefined

The total value locked in DeFi protocols remained below $50 billion after another week of exploits. Welcome to Finance Redefined, your weekly dose of essential decentr...

Lazarus Possibly Behind Hacks On Atomic Wallet, Alphapo, Coinspaid

On-chain sleuths linked transactions between addresses involved in major exploits and wallets allegedly controlled by DPRK’s Lazarus group.ZachXBT’s analysis of the hacks on payment providers Alphapo and Coinspaid point to the infamous N...

Gaming DAO warns users of fake airdrops amid social media hacks

The decentralized game publisher said its team had witnessed a significant rise in phishing attempts within its community and in the Arbitrum ecosystem. A decentralize...

Losses From Crypto Hacks Now Total Over $30,000,000,000 Across More Than 1,100 Exploits: Security Firm SlowMist

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Over $30 Billion Lost to Blockchain Hacks, Reveals SlowMist Hacked Statistics

According to a research by SlowMist Hacked Statistics, the total amount of money that has been stolen from blockchains is an astounding $30,011,604,576.24. This information comes as a stunning surprise. (Read More)

Crypto Hacks and Exploits Decline to $300M in Q2: Report

Blockchain security company, Certik, has compiled a report showing the value of cryptocurrencies lost in hacks and exploits during the second quarter of the year. According to the report, hackers stole $313 million through different kinds of scams an...

Crypto hacks and exploits snatch over $300M in Q2 2023: Report

While total year-over-year losses to hackers dropped 58%, BNB Chain saw 119 security incidents leading to losses of around $70 million, followed by Ethereum, with 55 incidents netting hac...

Crypto Losses From Web3 Scams And Hacks Drop Dramatically In H1 2023

New data shows that crypto scam and hack losses in the first half of 2023 were down a whopping 75% from the same period last year. A recently released report by Beosin, a blockchain security firm, revealed that the total value of cryptocurrencies los...

Ethereum Takes A Step Towards Secure DeFi With New ‘Standard’ To Curb Hacks

Ethereum is once again at the forefront of innovation within the rapidly expanding realm of decentralized finance (DeFi). A group of passionate Ethereum community members has recently put forth a groundbreaking proposal aimed at bolstering the securi...

$656,000,000 in Crypto Lost in Hacks, Scams and Rug Pulls In First Half of 2023: Blockchain Security Firm

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Crypto Scams and Hacks Resulted In Almost $700 Million Loss In First Half of 2023

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$656M lost from crypto hacks, scams and rug pulls in H1 2023: Report

Approximately $215 million of stolen assets have since been recovered. According to a June 30 report by Web3 security firm Beosin, the total value of cryptocurrencies...

Over $204M lost to DeFi hacks and scams in Q2: Finance Redefined

The top 100 DeFi tokens didn’t see much change in price over the past week, with the majority posting minor weekly gains. Welcome to Finance Redefined, your weekly dos...

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 $7.8 bil...

Over $204M was lost in Q2 DeFi hacks and scams: Report

More than $208.5 million was lost initially, but approximately $4.5 million was recovered, making the total amount of unrecovered funds over $204 million. Over $204 mi...

No matter how secure the wallet technology becomes, human error remains the biggest vulnerability in the realm of crypto hacks.

I know that sometimes because of some unfortunate events, the best from us may fall to a crypto scam. A simple typo can cost you a lot, in a world of crypto. And I really don't want to be rude, but some people are falling for scams too easy...

Crypto Twitter's weekend filled with scams, hacks, and fake events

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$37.5 Million lost to scams, not hacks, just in May alone. Meaning the majority of losses is the result of people being too greedy. This is a friendly reminder to check your ego and don't be greedy, which solves quite a lot of issues you will face in cryp

Crypto research firm De.fi has a REKT data base where they catalog the losses in crypto due to scams as well as hacks. Their REKT database for May showed losses of 37.5 Million for May due to scams alone. The number includes things like rugpulls, tok...

Stop calling it hacks please

The last 10 posts I've read contain comments that Twitter accounts and wallets have been 'hacked'. Dear people, these are not hacks! There is a very big difference between a hack and being compromised. Another word for 'compromised,&#...

Cybersecurity Firm Hacks Trezor Hardware Wallet Using Three-Year-Old Exploit, Trezor knew about the vulnerability three years ago.

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