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” Plan for $1M bug bounties and double the nodes in wake of $600M Ronin hack “ The Ronin Network and Sky Mavis have vowed to upgrade their smart contracts, offer lucrative bug bounties and ramp up security following the $600 million hack late last month. As Cointelegraph previously reported, the Ethereum sidechain developed for…
” Bored Ape Yacht Club NFTs stolen in Instagram phishing attack “ As told by Bored Ape Yacht Club (BAYC) developers on Monday, hackers breached the popular nonfungible token (NFT) collection’s official Instagram page and shared links to a fake airdrop with the project’s followers. Crypto enthusiasts who connected their MetaMask wallets to the scam…
” Stepn impersonators stealing users’ seed phrases, warn security experts “ Peckshield, a prominent blockchain security firm, has today exposed that there are numerous phishing websites for the Web3 lifestyle app Stepn. Hackers insert a forged MetaMask browser plugin through which they can steal seed phrases from unsuspecting Stepn users, according to Peckshield. When these…
” AkuDreams dev team locks up $34M due to smart contract bug “ The highly anticipated NFT project Akutars was marred by both an exploit and a bug on the weekend causing over 11,500 Ethereum (ETH) worth nearly $33 million to be locked forever within a smart contract, inaccessible even to the development team. The…
” 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…
” 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…
” Beanstalk Farms offers plea deal to perpetrators of $76M exploit “ Beanstalk Farms, a credit-based stablecoin protocol exploited for around $76 million in crypto on April 18, has offered a bounty of 10% if the attackers return the funds. The offer was posted on the company’s Twitter and sent to the attackers via an…
” Tornado Cash says it’s using Chainalysis oracles to block access from OFAC sanctioned addresses “ On Friday, Tornado Cash announced that it was using oracle contracts from Chainalysis to block wallet addresses sanctioned by the U.S. Office of Foreign Assets Control, or OFAC. The move comes after the U.S. Department of the Treasury linked…
“Hacks: Season Two of Jean Smart Comedy Gets Premiere Date on HBO Max (Watch)” Hacks has a premiere date for its second season. HBO Max has revealed that the comedy starring Jean Smart and Hannah Einbinder will return in May with the release of a trailer. Also starring Carl Clemons-Hopkins, Kaitlin Olson, Christopher McDonald, Paul…
” Here’s how OpenSea NFT hacks hurt owners, buyers and even entire collections “ The non-fungible token (NFT) market has been booming since the summer of 2021 and as NFT prices were sky-rocketing, the number of hacks targeting NFTs were also increasing. The most recent high-profile hack siphoned approximately 600 Ether worth of NFTs from…