Tag: Hacks

The attacker started returning stolen funds after accepting nearly $7 million in bug bounty. Funds had been returned to Alchemix and JPEGd. Lending platform Alchemix has announced the return of all stolen funds by the Curve finance hacker. The attack took place on July 30 and resulted in over $61 million in cryptocurrencies drained, including…

Most DeFi tokens traded in the red on weekly charts due to the chaos caused by the Curve Finance exploit. Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week. The $47 million Curve Finance exploit on July 30…

The scheme consists of mirroring addresses and sending dust transactions to users to trick them into sending funds to the scammer’s wallet. Binance CEO Changpeng “CZ” Zhao warned his followers on X — formerly Twitter — about a tricky and increasingly popular scam targeting the crypto community in which fake wallet addresses are used to defraud users…

Diligence Fuzzing lets developers introduce random and invalid data points to find security flaws. Blockchain technology firm ConsenSys publicly released its “Diligence Fuzzing” tool for smart contract testing, according to an Aug. 1 announcement. The new tool produces “random and invalid data points” to find vulnerabilities in contracts before they are launched. Over $2.8 billion…

While Ethereum-based protocols have been hit with the majority of the exploit activity, BNB Smart Chain has also seen similar copycat exploits, according to BlockSec. The BNB Smart Chain (BSC) has reportedly suffered copycat attacks due to a vulnerability in the Vyper programming language, following a similar vein to the exploit on the decentralized finance…

CoinsPaid said it is now working with Estonian law enforcement and several blockchain security firms are assisting to minimize the impact of the July 22 exploit. Cryptocurrency payments platform CoinsPaid has pointed the finger at North Korean state-backed Lazarus Group as being behind the hacking of its internal systems, which allowed them to steal $37.3…