Penpie protocol exploited, suffers $27M loss

Cryptocurrency hacks have stolen $1.21 billion in funds so far in 2024, a 15.5% increase from 2023. 

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August sees 215% rise in crypto phishing, $55M lost in single attack

The majority of the stolen funds are accounted for by a major phishing incident that cost an unfortunate user $55 million.

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User loses $32 million spWETH in a sophisticated phishing attack

According to crypto security firm Scam Sniffer, 9,145 users were victims of phishing attacks during August 2024, losing funds as a result.

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Hacker behind $2M crypto heist receives job offer from victim protocol

Despite losing $2 million in a smart contract exploit, Bedrock offered the hacker a role to help secure its protocol and recover stolen funds.

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Email auto-reply vulnerability allows hackers to mine cryptocurrency

Hackers exploit email auto-replies to spread crypto-mining malware, hijacking unsuspecting users systems to mine cryptocurrency without their knowledge.

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BingX confirms the resumption of withdrawal services following hack

Monetary losses from the BingX hack were initially reported as totaling $26 million, but the figure has since swelled to $52 million.

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US prosecutors oppose Mango Market exploiter's motion for acquittal

Following the exploit, Eisenberg claimed he negotiated a settlement with Mango Markets' insurance fund to ensure users retained their money.

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Telegram bot Banana Guns users drained of over $1.9M

So far, at least 36 victims suffered losses amounting to nearly $2 million worth of Ether.

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Ethena domain registrar hacked, Ethena Labs warns users to stay away

The Ethena website appears to have suffered a front-end attack, and users are encouraged not to interact with the platform. 

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DeFi Platform Delta Primes Loses $6 Million In Security Breach, Is North Korea Involved?

Decentralized Finance (DeFi) platform Delta Primes suffered a security breach on Monday, affecting the protocols users. The attack took $6 million from the projects pools and is under investigation. However, on-chain investigators suspect it could be linked to North Korean hackers and be part of a larger-scale scheme. Hackers Drain $6 Million From DeFi Protocol [...]

The post DeFi Platform Delta Primes Loses $6 Million In Security Breach, Is North Korea Involved? appeared first on Crypto Breaking News.

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Delta Prime attacker stole $6M by minting massive number of tokens

The exploiter minted over 115 duovigintillion USDC deposit receipts but then redeemed only $2.4 million worth.

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Massive discount fee exploit discovered in DeFi protocol DittoETH patch

A warden of the platform discovered that an attacker could mint massive amounts of tokens by forcing token prices to diverge from their oracle prices.

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Attacker drains $1.4M from CUT token pools via mysterious unverified contract

An account used an unreadable function to remove 1.4 million BSC-USD without needing to burn the equivalent LP tokens.

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Eisenberg seeks to have Mango Markets fraud convictions thrown out

Eisenberg has insisted all along that his actions on Mango Markets were legal trading and not fraud or market manipulation.

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Convergence congratulates attacker, attempts to open negotiations

The Convergence team posted a message to the Ethereum network, stating it believes the attacker acted as a white hat.

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Ronin white hat attacker returns $10M in ETH after apparent accidental front-run

The MEV bot returned nearly all of the funds, and the team claimed that $500,000 was being paid to it as a bounty.

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Ronin bridge halted after being hit with a $12 million exploit

The recurring vulnerabilities in crypto bridges highlight the urgent need for enhanced security measures to protect substantial user funds.

The post Ronin bridge halted after being hit with a $12 million exploit appeared first on Crypto Briefing.

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Ronin Network exploited for $9.8M in ETH, white hat hacker suspected

If the exploit occurred due to a white hat hacker, the funds could soon be returned to the blockchain.

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Crypto community slams WazirXs 'socialized losses' plan after hack

As WazirX navigates this crisis, the firm faces the challenge of rebuilding trust with its user base and the broader crypto community.

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Crypto community slams WazirXs socialized losses plan after hack

As WazirX navigates a crisis, the firm faces the challenge of rebuilding trust with its user base and the broader crypto community.

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