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” Finance Redefined: Hacker bungles DeFi exploit, dYdx’s decentralization goals, and more “ The decentralized finance (DeFi) ecosystem was filled with ups and downs —mostly the latter— this week, with two very distinct hack attempts and a heartbreaking departure of a DeFi veteran. In this week’s newsletter, we will also look at derivative exchange dYdX’s…
” Binance recovers $5.8M in funds connected to Ronin bridge exploit “ Via a Twitter post on Friday, Changpeng Zhao, CEO of Binance, said that the cryptocurrency exchange recovered $5.8 million spread over 86 accounts in digital assets moved to the exchange by Lazarus Group. Last month, the North Korean cyber-criminal group allegedly stole 173,600…
” Hacker bungles DeFi exploit: Leaves stolen $1M in contract set to self destruct “ In a rare comedic bungle among DeFi exploits, an attacker has fumbled their heist at the finish line leaving behind over $1 million in stolen crypto. Just after 8AM UTC on Thursday April 21st, blockchain security and analytics firm BlockSec…
“North Korean hacker group Lazarus tied to Ronin crypto theft” The US government has linked North Korean hackers to the theft of hundreds of millions of dollars’ worth of cryptocurrency tied to the popular online game Axie Infinity, according to digital forensics firms. Ronin, a blockchain network that lets users transfer crypto in and out…
” The aftermath of Axie Infinity’s $650M Ronin Bridge hack “ In late March, Ronin, an Ethereum sidechain built for the popular play-to-earn nonfungible token game Axie Infinity, was hacked for over 173,600 Ether (ETH) and 25.5 million USD Coin (USDC) for a combined value of over $600 million. The breach on the Ronin bridge…
” Axie Infinity sees ‘no signs of buyers’ as AXS price tumbles 30% in two weeks “ Axie Infinity (AXS) price has fallen by nearly 30% two weeks after losing $625 million to a hacking incident involving its play-to-earn gaming platform’s underlying blockchain, the Ronin Network. AXS/USD dropped to $46.69 on Monday, its lowest level…
“Google warns this dangerous hidden app lets strangers record you” A dangerous piece of spyware that eavesdrops on anyone who downloads it has been discovered by researchers. The dodgy Android app keeps track of your location and records you through your devices’ microphones, according to a report. It then sends the files to the murky…
“Google Chrome danger revealed – check your browse ASAP” Your gadgets could be in grave danger – and it’s all linked to a simple Google Chrome mistake. Cyber experts have warned that not taking care of the Google web browser could put you at risk of major hack attacks. It’s all linked to updates –…
“Apple, Facebook fell for scam and gave user data away: report” Apple Inc. and Facebook’s parent company fell for an email scam and turned some user data to phony law enforcement officials, a bombshell new report said. Cybercriminals who used hacked domains belonging to multiple law enforcement agencies made bogus “emergency requests” for certain users’…
“Hackers steal $615 million in cryptocurrency from Ronin” Blockchain project Ronin said Tuesday that hackers stole cryptocurrency worth almost $615 million from its systems, in what would be one of the largest cryptocurrency heists on record. The project said that unidentified hackers on March 23 stole some 173,600 ether tokens and 25.5 million USD Coin…