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DeFi attacks are on the rise — Will the industry be able to stem the tide?
14.5.2022
Dozens of DeFi systems have been hacked over the past year, and the trend doesn’t seem to be abating
Etherscan, CoinGecko warn against ongoing MetaMask phishing attacks
14.5.2022
While investigations are underway, the ongoing attack on various crypto platforms may be connected to the compromise of Coinzilla, an advertising and marketing agency
Finance Redefined: DeFi protocols lost $1.6B, EU to rethink DeFi approach and more
6.5.2022
The week in DeFi saw European lawmakers write a new chapter on DeFi, Virginia county plans to put its pension fun in a DeFi yield, DeFi protocols lost $1.6 billion to exploits and more
Polkadot launches cross-chain messaging system to solve blockchain’s bridge problem
4.5.2022
Bridges have become one of the largest points of failure in the crypto industry. Polkadot wants to do away with them
Anonymous Hackers Claim to Have Breached Russian Payment Service Provider Qiwi
4.5.2022
A hacking group linked to the Anonymous collective has allegedly hit the popular Russian payment processor Qiwi. Network Battalion 65 announced on social media it had managed to gain access to the platform’s databases — a claim the company has denied. Anonymous Affiliate Hacks Russian...
Rari Fuze hacker offered $10M bounty by Fei Protocol to return $80M loot
1.5.2022
DeFi investigator BlockSec’s monitoring system detected a loss of more than $80 million — citing the root cause as a typical reentrancy vulnerability
Report: $1.3 Billion in Crypto Stolen in Q1 2022, 97% Stemmed From Defi Exploits
28.4.2022
According to a research report, $1.3 billion in digital currencies have been stolen during the first quarter of 2022. The study, published by cryptomonday.de researchers, further highlights that 97% of the stolen funds derived from decentralized finance (defi) protocol exploits. Defi Exploits...
Stepn impersonators stealing users' seed phrases, warn security experts
25.4.2022
When these cybercriminals obtain the seed phrase, they gain complete control over the Stepn user's dashboard
Finance Redefined: Hacker bungles DeFi exploit, dYdx's decentralization goals, and more
22.4.2022
DeFi space saw the resurgence of Andre Cronje nearly a month after his departure announcement while dYdX has pledged to go fully decentralized by the end of the year
Binance recovers $5.8M in funds connected to Ronin bridge exploit
22.4.2022
Unfortunately, a vast majority of the stolen funds still remain in the hands of the hacker
Tornado Cash says it's using Chainalysis oracles to block access from OPAC sanctioned addresses
15.4.2022
Many DeFi exploits in the past have been linked to the popular crypto-mixing protocol
Here’s how OpenSea NFT hacks hurt owners, buyers and even entire collections
12.4.2022
Anyone can become the victim of a malicious NFT hack, so what more could OpenSea do to protect its users?
The aftermath of Axie Infinity’s $650M Ronin Bridge hack
12.4.2022
Since the hack of Axie Infinity’s Ronin bridge, developers behind the game have raised $150 million to reimburse the affected users
South Korean Intelligence Service Informs Crypto Exchanges About Cyberthreats
8.4.2022
The South Korean state intelligence agency is now providing crypto trading platforms with information about attempts to breach their cybersecurity. The help for the country’s digital asset exchanges comes amid growing threats, local media reported. Intelligence Service Offers Cybersecurity...
Axie Infinity creator raises $150M led by Binance to reimburse stolen funds
6.4.2022
The developers are currently working on a security upgrade and plan to increase the number of validator groups to 21 before making Ronin Bridge live again
NFT Traders, Beware of Social Engineering Hacks
6.4.2022
Holders of blue-chip non-fungible tokens (NFTs) have long been targets of various types of attacks given the value of their possessions - and now scammers seem to have found new loopholes to take advantage of.
A popular vector of attack for scammers has so far been malicious links, where...
Finance Redefined: Axie Infinity’s Ronin bridge faces worst hack, Binance launches Bridge 2.0 and more
1.4.2022
In this week's DeFi newsletter, we discuss Axie Inifnity's Ronin bridge hack, Binance's new Bridge 2.0 launch, the rise in DeFi TVL and more
Netflix's crypto swindler documentary draws wild community reaction
1.4.2022
Viewers of the documentary, especially those aware of the whole saga, resonated with the conspiracy theory about the founder faking his death
Anonymous Affiliate Hacks State-Run Russian Broadcaster
31.3.2022
NB65, a hacking group affiliated with the Anonymous collective, has allegedly breached the servers of the Russian government-controlled television and radio broadcasting company. According to social media reports, the hackers are preparing to release hundreds of gigabytes of appropriated data....
Biggest Movers: AXS Falls Lower Following Hacks, While ZIL Climbs by Over 50%
30.3.2022
AXS was trading lower on Wednesday, after it was reported that the Axie Infinity network Ronin suffered a breach, leading to hackers stealing over $620 million from the blockchain-based trading and battling game. This came as ZIL was trading by over 50% higher during the session. Zilliqa (ZIL)...