A DeFi App Was Just Hacked for Over $300,000 in Ethereum & Bitcoin

There’s no doubt that decentralized finance (DeFi) has been central to the Ethereum ecosystem over the past year. But unfortunately, this use for the second-largest blockchain by its underlying crypto’s market capitalization doesn’t come without its own set of flaws. Reports indicate that on April 18th, a leading protocol was just hacked for a large […]

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IOTA Trinity Wallet Vulnerability Reported, $1.6 Million Stolen

The IOTA team has halted the coordinator and are currently investigating reports of a possible vulnerability in its Trinity wallet. The team has recommended that nobody open Trinity until further notice while they investigate the incident. Trinity wallet App, may have been compromised IOTA, a blockchain project aimed at solving integration with the Internet of […]

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VeChain Loses 1M Coins from Compromised Buyback Wallet 

The VeChain (VET) buyback program, which boosted the token price, was shaken by a recently discovered loss from the central wallet. The most probable cause was an insider gaining access to the wallet’s private keys, or a human error leading to an exploit. Insider Procedure Flaws Led to Theft VeChain reported 1 million coins lost […]

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Hacker Steals 30,000 EOS Through Gambling dApp Loophole –

An attacker has made off with at least 30,000 EOS by exploiting gambling dApps on the network. By congesting the network with rented resources, the attacker was able to guarantee a winning outcome every time. Anatomy Of A Crime As pointed out by community members on Twitter, the attacker managed to steal over 30k EOS by manipulating […]

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OKEx Wallet Maintenance Causes Panic as 24,000 BTC Moves

The crypto community spotted some massive funds movement from OKEx and got scared that the cryptocurrency exchange was hacked. However, CEO Jay Hao called for calm. Hundreds of Millions in BTC Move From OKEx On Wednesday, Twitter user Whale Alert sounded the alarm, saying that at least 24,000 BTC moved from OKEx to unknown wallets. […]

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Ethereum Vulnerability Could Have Allowed Attackers to Drain Hot Wallets

A recent vulnerability in the Ethereum network could have reportedly allowed hackers to gain massive profits from cryptocurrency exchanges which haven’t set up a Gas usage limit. A Critical Vulnerability A group of researchers discovered a vulnerability in Ethereum which allowed attackers to drain exchanges by burning their ETH on high transaction costs or to […]

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The Zaif Hack Story Isn’t Over Yet: Further Investigations Lead to More Questions

The hack of Japan-licensed cryptocurrency exchange Zaif took the crypto community by surprise last week. It’s recently emerged that the perpetrators of the crime are trading the stolen wealth on Binance and other exchanges. Japan’s Financial Watchdog Slams Three Business Improvement Orders The event couldn’t pass unnoticed, especially because the exchange had reportedly warned about […]

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