Pendle Hack: $105 Million Saved Amid Penpie Exploit
TL;DR $105 Million Saved: Pendle swiftly paused contracts to prevent further losses after a $27.3 million hack on its yield optimizer, Penpie. Exploit Details: The attacker used a…
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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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.…
Alex Lab Links $4.3M Hack to Lazarus Group: Investigation Update
TL;DR Alex Lab attributes $4.3 million hack to Lazarus Group. Identification of key blockchain addresses in the investigation. Alex Lab’s commitment to security and…
UwU Lend Hit by Second Hack in One Week, Total Losses Reach $23 Million
TL;DR UwU Lend has suffered two hacks in one week, with total losses of $23 million. The most recent attack, identified by Slowmist, resulted…
OKX Faces Security Crisis: Massive Outflow of Funds totaling $630M
TL;DR OKX experiences an outflow of over $630 million in one week due to growing security concerns. Users report fund losses due to hacker…
UwU Lend Negotiates with Hacker After Losing $23 Million
TL;DR UwU Lend, a DeFi protocol founded by former Frog Nation CFO, Sifu, fell victim to a cyberattack. Resulting in a loss of $19.4…
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…