Tag: hackers

A white hat hacker has discovered a bug within the latest upgrade for Arbitrum, an Ethereum scaling network, that could have led to the theft of over $530 million. A bug in the latest upgrade for Arbitrum had been live for almost three weeks but had not yet been exploited. Arbitrum builder OffChain Labs earlier…

Algorithmic market maker service Wintermute suffered a hack on Sept. 20, with a loss from the platform’s portfolio of around $160 million across 90 assets. Wintermute stated that it has no solvency concerns, calling the hacker to engage in a “whitehat” response. Evgeny Gaevoy, Wintermute founder and CEO, said on Twitter that “we’ve been hacked…

With the help of blockchain analysts firm Chainalysis, FBI agents seized $30 million worth of crypto stolen by the North Korean threat group Lazarus from the token-based play-to-earn game Axie Infinity. Hackers stole over $600 million from Axie earlier this year. The news was announced during the AxieCon event on Sept. 8, where the hosts…

Polkadot’s DeFi protocol Acala is struggling to edge back its native stablecoin aUSD to the dollar peg after the community voted to burn 1.29 billion of aUSD. Following a smart contract exploit that dropped the aUSD’s value, a new governance vote aims to bring the token back to its peg. These “extra” tokens were minted…

US crypto firm Nomad has suffered a $190 million hack, blockchain analytics reported on August 3. Experts estimate the funds have been stolen from cross-chain bridges to $2 billion so far in 2022. Nomad said on an official Twitter account that it was “aware of the incident” and was currently investigating without giving further details….

The Solana ecosystem suffered the multimillion-dollar hack, with users reporting that their funds have been drained silently from major internet-connected “hot” wallets, including Phantom, Slope, and TrustWallet. So far, at least 8,000 wallets have been affected, with about $8 million lost, but the source of the attack remains unknown. On August 3 night, an unknown…