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 million. Hackers manipulated the…
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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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…