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The US Treasury has proposed cutting the Huione Group’s access to the US banking system, accusing it of being involved in laundering crypto. The US Treasury Department wants to block the Cambodia-based Huione Group from accessing the US banking system, accusing it of helping North Korea’s state-backed Lazarus Group to launder its crypto. The Treasury’s…
Loopscale fell victim to a $5.7 million exploit after attackers manipulated its RateX PT token pricing, draining funds from its USDC and SOL vaults. DeFi protocol Loopscale has recovered nearly half of the funds stolen during a major exploit over the weekend, as white hat negotiations with the attacker show signs of progress. In an…
The lost funds represent about 12% of Loopscale’s total value locked (TVL), according to the DeFi lending protocol’s co-founder. Solana decentralized finance (DeFi) protocol Loopscale has temporarily halted its lending markets after suffering an approximately $5.8 million exploit. On April 26, a hacker siphoned approximately 5.7 million USDC (USDC) and 1200 Solana (SOL) from the…
KiloEx will compensate users hurt by a $7.5 million exploit, pledging full refunds to traders and bonus rewards for stakers after the price oracle attack. Decentralized exchange (DEX) KiloEx said it will compensate traders and stakers hurt by a $7.5 million exploit that temporarily shut down the platform earlier in April. In an April 24…
ZKsync has recovered $5.7 million worth of stolen ZK and ETH tokens after the hacker agreed to return 90% of the funds. The ZKsync Association has confirmed the recovery of $5 million worth of stolen tokens from an April 15 ZKsync security incident involving its airdrop distribution contract. The hacker agreed to accept a 10%…
Manta Network co-founder Kenny Li said he managed to avoid a hack attempt possibly conducted by North Korea’s state-affiliated cyber-attackers. Manta Network co-founder Kenny Li says he was targeted by a highly sophisticated phishing attack on Zoom that used live recordings of familiar people in an attempt to have him download malware. The meeting seemed…
The firm said it had chosen a “cease and retreat” strategy in response to allegations that the Lazarus Group laundered funds stolen in a $1.4 billion exploit of Bybit. Cryptocurrency exchange eXch announced it will cease operations on May 1 after reports alleged the firm was used to launder funds from a Bybit hack. In…
The attacker exploited an admin account tied to ZKsync’s airdrop contracts, minting 111 million unclaimed tokens worth $5 million. A hacker compromised a ZKsync admin account on April 15, minting $5 million worth of unclaimed airdrop tokens, according to a statement from the official ZKsync X account. The attack was described as isolated, with no…
If you purchase an independently reviewed product or service through a link on our website, The Hollywood Reporter may receive an affiliate commission. The Emmy Award-winning comedy series Hacks — which stars Jean Smart and Hannah Einbinder — returns for season four. Starting on Thursday, April 10, the first two episodes are available to stream with…
Threat researcher Vladimir Sobolev told Cointelegraph that there’s been a rise in fraudulent MEV bot tutorials, leading users to lose their funds. A maximal extractable value (MEV) bot lost about $180,000 in Ether after an attacker exploited a vulnerability in its access control systems. On April 8, blockchain security firm SlowMist reported that the MEV…