“We are deeply sorry,” stated Transit Swap while revealing that a bug in the code allowed a hacker to make away with an estimated $21 million.
Category Archives: hacks
A new report suggests the Ethereum staking ecosystem could become a formidable industry impacting a wider crypto economy.
The growth of decentralized finance, or DeFi, has made the blockchain industry especially vulnerable to scams and attacks.
The vulnerability in private keys generated by the popular Profanity vanity key generator was noted in January and has already been implicated in at least one major hack.
The CEO of Wintermute has stated that they are “open” to treating the hack as a white hat hack and would speak to the attacker.
1Inch's investigations pointed out the ambiguity in the creation of vanity addresses, suggesting that Profanity wallets were secretly hacked.
DeFi token finally broke out of two-week-long bearish price dominance to trade in the green, where several tokens in the top 100 registered double-digit gains over the past week.
Flash loans allow users to borrow a high amount of assets without having to provide any upfront collateral, this is often used by miscreants to launch attacks on DeFi protocols.
The FBI, along with two other federal agencies, CISA and MS-ISAC, asked U.S. citizens to report information that helps track the whereabouts of the hackers.
The hacked YouTube account was restored within four hours following a proactive intervention from the South Korean government, confirmed a local news agency.