Uniswap Launches a $1.2 Million Security Fund for Audits
TL;DR The Uniswap Foundation launched a $1.2 million security fund to subsidize audits for developers building hooks on Uniswap v4. Nine selected teams will work on projects like…
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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Scam Sniffer Reveals $9.38 Million in Stolen Funds and 9,208 Victims in November
TL;DR Cryptocurrency users lost $9.38 million in November, a 53% decrease from October, but 9,208 individuals were still affected by scams and attacks. Major…
Bitfinex Hacker Sentenced for Laundering Billions in Stolen Bitcoin
TL;DR Ilya Lichtenstein was sentenced to five years in prison for his role in the 2016 Bitfinex hack, which resulted in the theft of…
Crypto Investor Loses $6M in Phishing Scam via Fake Zoom Link
TL;DR A Gigachad (GIGA) token investor lost $6.09 million in a phishing attack. The attack was carried out through a fake Zoom link that…
Delta Prime Hacked Again. What Happened?
TL;DR Delta Prime, a DeFi project, suffered a second hack in less than two months, with estimated losses of $4.5 million, bringing the total…
Zodia Custody Seeks to Raise $50 Million to Expand its Custody Services
TL;DR Zodia Custody, the digital asset custody firm of Standard Chartered Plc, is seeking to raise $50 million in a new funding round. The…
Government Crypto Wallet Hacked: $20 Million Stolen
TL;DR A hacker compromised an address linked to the US government and stole $20 million in cryptocurrency. The stolen assets include USDC, USDT, aUSDC…
BingX Resumes Operations After Cyberattack and Launches ‘ShieldX’ Security Initiative
TL;DR BingX has resumed operations after a cyberattack in September that resulted in the theft of over $43 million in cryptocurrencies. The platform has…
Radiant Capital Hacked, Exposing Security Flaws and Causing a $50 Million Loss
TL;DR Radiant Capital suffered an attack resulting in the loss of over $50 million due to flaws in its multisig configuration. The vulnerability allowed…
Hacks in Crypto Industry Are Declining, But Threats Persist
TL;DR Losses from hacks and scams in the crypto industry were $413 million in the third quarter of 2024, representing a 40% decrease. The…
Stablecoin Issuers Target North Korean Hackers
TL;DR Stablecoin Issuers Act Against Lazarus Group: Tether, Circle, Paxos, and Techteryx have frozen wallets linked to North Korea’s Lazarus Group, seizing nearly $7…