You Searched For "defi hack" and got 20 results
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2 mins read
Former Amazon engineer pleads guilty to stealing $12.3 million of crypto in first ever hacking case involving smart contracts
A former Amazon engineer pleaded guilty to hacking two crypto exchanges and stealing $12.3 million …
Katherine Tangalakis-Lippert,…
2 mins read
One of the largest cryptocurrency swapping platforms just lost $1.3 million as users failed to update approvals
If you have got a problem, you have to fix it on your own, according to the company. Multichain …
2 mins read
Hackers stole $322 million in 2022’s largest DeFi hack so far — $10 million is being offered for its return
Wormhole’s token bridge was hacked on February 2, and hackers stole Solana tokens worth $322 millio…
2 mins read
AscendEX suspends crypto withdrawals as hack wipes out $77.7 million worth of Ethereum, Polygon and other tokens
For now, customer withdrawals have been suspended, as AscendEX is conducting a security review…
3 mins read
Hackers steal $120 million from DeFi protocol BadgerDAO — platform hits indefinite pause on all smart contract activity
A hacker, or perhaps a group of hackers, have stolen $120.3 million in crypto by hacking into decen…
11 mins read
What is cryptocurrency? What to know about this increasingly popular digital currency before investing
Cryptocurrencies are decentralized, digital currencies that use blockchain technology to manage tra…
Louis DeNicola,Tessa Campbell
4 mins read
It's DeFi season and things got a little too hot to handle for Solana and Arbitrum One as transaction volumes ballooned
And, while Solana and Arbitrum One were dealing with technical issues, the Ethereum blockchain…
2 mins read
Cryptos, DeFi are soft targets for cyber hackers says a Moody’s report
FTX, the world’s second largest cryptocurrency exchange, is the latest victim of hackers who stole …
2 mins read
Over $600 million has been stolen from DeFi platform Poly Network in one of the biggest crypto heists of all time - but the hacker has returned some of the cash already
The hacker appeared to be returning part of their loot to Poly Network after saying they would do s…
Sophie Kiderlin
2 mins read
$3.7 billion was lost to crypto scams and hacks in 2022 - the worst year in the market's history
Attacks against decentralized finance projects accounted for around 80% of the stolen funds, accord…
Morgan Chittum
2 mins read
Crypto VC firm ‘jumps’ in to restore Wormhole’s supply after DeFi hack
To be fair, Jump Crypto owns Certus One, the developer behind the Wormhole token bridge. The $…
2 mins read
Poly Network hacker rewarded with a $500,000 'bug bounty' for helping the DeFi platform improve security
Poly Network said it hopes the hacker will contribute to the blockchain sector's development upon a…
Isabelle Lee
1 min read
Crypto losses reach $428 million in Q3 globally, hacks top concern
An analysis of the crypto losses by bug bounty platform Immunefi found that fraud accounts for o…
4 mins read
Common crypto scams you should know about before diving into the crypto market
Crypto scams can be as simple as phishing and fake websites, or more complex like NFT rug pulls.Cry…
3 mins read
Crypto DeFi protocols lost $1.4 billion this year but recovered over half of it
Decentralised finance (DeFi) applications have been growing multi-fold this year, and so have the e…
1 min read
Attackers swipe $80 million from ethereum DeFi project Beanstalk in one of the largest flash-loan exploits ever
"Like all other investors in Beanstalk, we lost all of our deposited assets in the Silo, which was …
Phil Rosen
2 mins read
A cryptocurrency firm that was the victim of a $600 million heist has asked the hacker responsible to be its chief security advisor
"We cordially invite Mr. White Hat to be the Chief Security Advisor of Poly Network," the company s…
Isabelle Lee
2 mins read
Poly Network says all $610 million stolen by a hacker has been returned after Tether released the final $33 million
Poly Network has taken the unusual step of embracing the apparent hacker, who stole $610 million in…
Harry Robertson
4 mins read
Some of the biggest cryptocurrency HODLers are also crypto criminals, finds Chainalysis report
More than 4,000 of the biggest cryptocurrency accounts have gotten their tokens through illicit mea…
1 min read
Poly Network hacker returns all stolen funds and says the goal of the theft was to 'point out some crucial facts about this crazy DeFi world'
$33 million in tether remains frozen by the stablecoin's parent company, which Poly Network said it…