Fake Phantom Wallet Drains Funds on Apple App Store: Crypto Users Beware!
TL;DR Crypto holders, watch out! A sneaky fake Phantom wallet app is lurking on the Apple App Store, designed to steal your hard-earned crypto. This imposter app cleverly…
Security
Security tracks the threats that affect crypto users, protocols and companies. This section covers hacks, bridge exploits, wallet vulnerabilities, phishing campaigns, exchange incidents, smart contract failures, scams and the security practices emerging across the industry.
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Orbit Chain Hackers Move Stolen Funds After Major Security Breach
TL;DR Orbit Chain Security Breach: Hackers exploited a vulnerability in Orbit Chain’s cross-chain bridge, resulting in the theft of $82 million worth of digital…
Binance Falls Victim to a Chrome Plugin, Trader Loses $1 Million
TL;DR A Chinese trader lost $1 million on Binance due to a hack related to the Chrome plugin “Aggr”. Despite having two-factor authentication enabled,…
BNB Chain Faced with Alleged Exploit: White Hat or Repentant?
TL;DR The BNB Chain faces a possible $80,000 Bitcoin exploit, with suspicious transactions raising uncertainty about the attacker’s intentions. Cyvers speculates on the possibility…
Pink Drainer: The End of an Era in Crypto Exploits
TL;DR Pink Drainer Shutdown: The hacker group Pink Drainer has ceased operations, leaving behind a trail of damage with an estimated $75M to $85M…
Pump.fun Overcomes $1.9 Million Exploit and Resumes Operations
TL;DR Security Breach Recovery: Pump.fun, a Solana blockchain memecoin platform, has recovered from a $1.9 million exploit caused by a former employee’s insider attack, resuming operations…
Worldcoin Foundation Enhances Privacy with Open-Source SMPC System
TL;DR Open-Source SMPC System: The Worldcoin Foundation has released its secure multi-party computation system to the public, aiming to protect iris code biometrics and enhance data security. Quantum-Resistant…
Parity Wallet Hacker Resurfaces After 7 Years of Inactivity
TL;DR The hacker behind the Parity Wallet theft returns after seven years of inactivity. Carrying out a massive money laundering operation that surprises the…
Lowest Crypto Hacks and Scam Losses Since 2021
TL;DR April saw the lowest losses from cryptocurrency hacks and scams since 2021, according to CertiK. Combined losses from exploits, hacks and scams reached…