Top 100 DeFi Hacks: Offchain attack vectors account for 57% of losses

Despite the falling number of smart contract exploits, hackers could surpass the previous year in terms of total value stolen.

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Crypto execs on DeFi domain hacks: Dont interact with crypto for now

CoinGecko founder Bobby Ong explained that after Google sold its domain business to Squarespace, two-factor authentication was removed due to the forced migration of domains.

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Study: Criminals Target Defi Platforms, Steal More Than $67 Million in February Alone

In February alone, criminals stole digital funds worth over $67 million from decentralized finance (defi) platforms. The latest Immunefi data shows that hacking attacks accounted for more than $65 million, or 97% of the month’s losses. The Ethereum blockchain suffered the most individual attacks, with 12 incidents representing 85.71% of the total losses across targeted [...]

The post Study: Criminals Target Defi Platforms, Steal More Than $67 Million in February Alone appeared first on Crypto Breaking News.

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Biggest Crypto Hacks by North Koreas Lazarus Group

Learn how North Koreas Lazarus Group stole billions using phishing, malware, and social engineering.

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SafeMoon Hacker ‘Accidentally’ Steals $8.9M. Wants to Return Everything

Some are saying that the attack on SafeMoon could’ve been an inside job.

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Euler Hacker Apologizes for $200M Attack, Returns Millions to Protocol

The exploiter said he “f**ed up” and “didn’t want” to steal the funds.

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DeFi Hacker Milks Over $180,000 Worth of Crypto from CoW Swap DEX

CoW Swap, a decentralized exchange, has been exploited for over $180,000 but did not lose any funds.

Continue reading DeFi Hacker Milks Over $180,000 Worth of Crypto from CoW Swap DEX at DailyCoin.

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Orion Protocol Loses $3 Million to Trading Pool Exploit, Postmortem Provides Insight

Post-mortem on Orion Protocol shows the hacker created fake tokens and used flash loans to steal $3 million.

Continue reading Orion Protocol Loses $3 Million to Trading Pool Exploit, Postmortem Provides Insight at DailyCoin.

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Lending Protocol BonqDAO Loses $120 Million to Hackers

The exploiter changed the update price function in one of the smart contracts of BonqDAO to manipulate the token's price.

Continue reading Lending Protocol BonqDAO Loses $120 Million to Hackers at DailyCoin.

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Crypto Halloween: Top 6 Scariest Incidents of the Last Bull Cycle

The last cycle saw it all – millions drained from DeFi, celebrities pumping and dumping tokens, ecosystems rising and falling.

Continue reading Crypto Halloween: Top 6 Scariest Incidents of the Last Bull Cycle at DailyCoin.com.

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Celo DeFi Platform Moola Market Drained of $10M in Latest Market Manipulation Attack

The manipulator has since returned 93% of the stolen funds.

Continue reading Celo DeFi Platform Moola Market Drained of $10M in Latest Market Manipulation Attack at DailyCoin.com.

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Mango Markets (MNGO) Initiates a Vote to Reimburse Victims of $114M Exploit

The proposal is live and will end on October 20. So far, 100% of voters have voted in favor.

Continue reading Mango Markets (MNGO) Initiates a Vote to Reimburse Victims of $114M Exploit at DailyCoin.com.

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Barely halfway and October’s the ‘biggest month’ in crypto hacks: Chainalysis

While 2021 was the biggest year on record for crypto hacks, 2022 could “likely” beat the record “at this rate” according to Chainalysis.

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Celer Network Suspects DNS Hijacking, Shuts Its cBridge

Celer team says DNS poisoning can happen to any DeFi app frontend.

Continue reading Celer Network Suspects DNS Hijacking, Shuts Its cBridge at DailyCoin.com.

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North Korean Hackers Aim Their Crypto Attacks At DeFi

According to Chainalysis, these hacks have cost the industry an estimated $1.9 billion.

Continue reading North Korean Hackers Aim Their Crypto Attacks At DeFi at DailyCoin.com.

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Crypto hacks are declining in numbers but increasing in damage

Cryptocurrency hacks have been significantly decreasing in numbers since the beginning of the year.

The post Crypto hacks are declining in numbers but increasing in damage appeared first on CryptoSlate.

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Axie-Infinity Parent Company To Refund Users Who Lost Money During Ronin Hack, Ronin To Restart In 4 Days

  Axie-Infinity to resume the network as Sky Mavis moves to pay affected users.   Axie Infitnity has been one of the world’s most interesting blockchain-based video game systems. It’s basically a play-to-earn setup where users can spend their free time having fun while earning by playing interesting video games. However, this dream was cut […]

The post Axie-Infinity Parent Company To Refund Users Who Lost Money During Ronin Hack, Ronin To Restart In 4 Days appeared first on The Crypto Basic.

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Illicit crypto usage as a percent of total usage has fallen: Report

A rapidly growing crypto market means that hacks and scams are accounting for less overall activity, and their percentage of total usage continues to decline.

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Record amounts of crypto were stolen in DeFi hacks last quarter

After the record-breaking DeFi summer of 2020, the crypto industry has gone parabolic when adopting decentralized technologies.

The post Record amounts of crypto were stolen in DeFi hacks last quarter appeared first on CryptoSlate.

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Crypto Flipsider News – Solana Suffers Another Outage, Yuga Labs Raises $320 Million, ETH Gas Fees Skyrocket, ApeCoin Drops 40% in 3 Days, Rari, Fei, and Saddle Finance Lose $90M in DeFi Hacks, Ripple Labs Unlocks 700M XRP

Click here to read our crypto digest with the newest events surrounding the crypto space.

Continue reading Crypto Flipsider News – Solana Suffers Another Outage, Yuga Labs Raises $320 Million, ETH Gas Fees Skyrocket, ApeCoin Drops 40% in 3 Days, Rari, Fei, and Saddle Finance Lose $90M in DeFi Hacks, Ripple Labs Unlocks 700M XRP at DailyCoin.com.

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