Leaders of the crypto insurer Nexus Mutual told CoinDesk its governing body may lawyer up if policyholders who lost money in the recent Euler Finance hack and filed claims for their losses don’t pay …
SushiSwap Exchange Suffers Major $3.3 Million Smart Contract Hack
Popular decentralized exchange (DEX) platform SushiSwap has suffered more than $3.3 million in losses after a hacker exploited a bug in a smart contract. More specifically, the DEX saw its …
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Terra DeFi project Terraport suffers $2M hack days after launch
The algorithmic stablecoin TerraUSD (UST) collapsed almost one year ago, but some Terra-related projects are still live and trying to overcome some issues. Terraport Finance, a decentralized finance …
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Here’s how much was lost to crypto hacks and exploits in Q1 2023
Hackers were able to gain access to more than $320 million in the first quarter of 2023 alone, according to on-chain data consolidated by blockchain security firm CertiK in its quarterly report. The …
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How an elite team pressured a hacker to return $200 million he stole from DeFi platform Euler
The wild world of DeFi has seen its share of hacks and high jinks, but nothing quite like what befell the lending service Euler Finance in recent weeks. The saga began in mid-March when a hacker used …
New DeFi Trend: Sentiment Hacker Returns 90% of Stolen Funds After Exploit
The hacker who exploited the Sentiment DeFi platform has returned nearly all of the funds, according to the team. This is yet another occasion when the exploiter has returned funds. The hacker behind …
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73.3% of Q1 rug pulls happened on BNB Chain: Immunefi
BNB Chain was the king of rug pulls in the first quarter of 2023, with over 73.3% of such scams in the entire crypto ecosystem happening on the network, according to an April 4 report from blockchain …
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Allbridge exploiter returns most of the $573K stolen in attack
A large portion of the roughly $573,000 pilfered from the multichain token bridge Allbridge has been returned after the exploiter seemingly took up the project’s offer for a white hat bounty and no …
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Number of Crypto Hacks, Scams Jumped 192% Year-Over-Year, Reports Immunefi
The number of attacks in the crypto industry has risen 192% year-over-year from 25 to 73 this past quarter, per research from Immunefi. Despite this hefty rise, the total amount of money lost is …
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DeFi Cross-Chain Solution Allbridge Exploited For $570,000
BNB Chain pool Cross-chain solutions provider Allbridge has been hacked for $570,000, according to blockchain security firm Peckshield. Peckshield first identified the hack and notified Allbridge …
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