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” Hackers steal $3.5M worth of digital assets from GMX whale “ Hackers have started the year with another exploit, with several million being taken from a whale holding large amounts of decentralized finance (DeFi) protocol GMX’s native token. On Jan. 3, various community members saw suspicious movements of GMX tokens. Following this, security firms…
” Nifty News: Solana NFT trading volume, Nike RTFKT COO hacked, and more “ DNP3, a streamer and founder of several crypto projects like The charity-focused crypto CluCoin, The Goobers NFT and the metaverse platform Gridcraft Network has admitted to losing investor funds through gambling. In a tweet, the nonfungible token (NFT) project founder talked…
” ‘WTH did I just witness?’ Magic Eden turns porno after hosting service hacked “ Nonfungible token (NFT) marketplace Magic Eden had to assure users their NFTs “are safe” after a spate of pornographic images littered its platform on Jan. 3. In a Jan. 3 Twitter post the Solana-based NFT marketplace told its users it…
” US Feds put together ‘FTX task force’ to trace stolen user funds “ The United States Attorney’s Office for the Southern District of New York (SDNY) has formed an FTX Task Force to “trace and recover” missing customer funds, as well as handle investigations and prosecutions related to the exchange’s collapse. The announcement came…
” No ‘respite’ for exploits, flash loans or exit scams in 2023: Cybersecurity firm “ The new year is a fresh start for malicious actors in the crypto space and 2023 won’t likely see a slowdown in scams, exploits and hacks, according to CertiK. The blockchain security company told Cointelegraph its expectations for the year…
” Bitcoin Core developer hack highlights self-custody risks: Community responds “ With one of Bitcoin’s original core developers claiming that his balance got drained by a hacker, the crypto community is at a loss at how “normal people” can succeed at securing their own Bitcoin (BTC). In a recent thread, Luke Dashjr claimed that some…
” $62M crypto stolen in Dec was the ‘lowest monthly figure’ in 2022: CertiK “ Cryptocurrency hackers and exploiters seemingly slowed down for the 2022 holidays as December saw $62.2 million worth of cryptocurrencies stolen, the “lowest monthly figure” of the year, according to CertiK. The blockchain security company on Dec. 31 tweeted a list…
” New year community advice: Check your smart contract approvals “ On the back of the worst year for crypto hacks and exploits, the crypto community has given some advice to newbie investors going into 2023 — check your smart contract approvals and revoke access regularly. Reddit user 4cademy posted their advice to the r/CryptoCurrency subreddit on…
” DeFi sees exploits and exit scam drama in the last week of 2022: Finance Redefined “ Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week. For DeFi, the last week of 2022 saw another slew of exploits,…
” The 10 largest crypto hacks and exploits in 2022 saw $2.1B stolen “ It’s been a turbulent year for the cryptocurrency industry — market prices have taken a huge dip, crypto giants have collapsed and billions have been stolen in crypto exploits and hacks. It was not even halfway through October when Chainalysis declared…