The rise of web3 technologies has sparked a wave of innovation, but it’s also given rise to a new breed of cyber threats. According to a recent study by Immunefi, the cryptocurrency industry has seen …
Continue Reading about Crypto Hacks Drain $336 Million in Q1 2024, Claims Report
Ripple co-founder Chris Larsen said Wednesday that there had been "unauthorized access" to "a few of my personal XRP accounts." His comments followed a post on X from crypto sleuth ZachXBT, who said …
Continue Reading about Ripple co-founder reports unauthorized access to some personal XRP accounts
Decentralized finance has a control problem it must solve if it is to become the economic force supporters believe — and opponents fear — that it can become. And fear they do. In March, Deloitte wrote …
Continue Reading about $2 Billion Self-Hack Highlights DeFi’s Slow Crisis Reaction Problem
Over $1.8 billion in digital assets were lost across 751 security incidents in 2023. While the amount is still huge, it is 51% lower than in 2022, when losses to hacks and other incidents reached $3.7 …
Continue Reading about Crypto hack losses declined 51% in 2023
Cryptocurrency users lost nearly $2 billion to scams, rug pulls and hacks in 2023, roughly half the amount of last year, but a sign that the industry remains susceptible to security risks, researchers …
Continue Reading about Crypto Users Lost $2B to Hacks, Scams and Exploits in 2023, De.Fi Says
Ledger was recently exploited for an estimated $610,000 — a reminder that security and privacy remain important priorities for the crypto ecosystem. According to DeFiLlama, hackers have cost crypto …
As 2023 comes to a close, the decentralized finance (DeFi) market is once again assessing the damage from hacks and exploits. According to a recent report from IntoTheBlock, it’s not nearly as bad …
Continue Reading about DeFi Has a Risk Problem and It’s Time to Solve It
Decentralized finance (defi) protocol Platypus Finance suffered yet another hack this year, as around $2 million was stolen from the project. According to a security firm PeckShield, the protocol has …
Continue Reading about Platypus Finance suffers its third hack in 2023, losses $2m
Mixin Network was hit by an exploit on Sunday, resulting in a loss of up to $200 million, as reported in a tweet by the team earlier today. The project features a wallet for cross-chain asset …
Continue Reading about Mixin Platform Suspends Deposits, Withdrawals After $200M Security Breach
Learning about the top 10 DeFi hacks is a smart move that can help you to better understand the market's history and future. The world of DeFi (Decentralized Finance) remains an exciting and expanding …
