An internal security issue allegedly led to someone draining the funds The price of the Gala Games (GALA) token plunged on Monday after a hacker minted and swiped 5 billion tokens utilizing the Gala smart contract. The tokens were valued at about $240 million at the time of the incident, causing the price to fall 20% in under
The hack compounded an already existing slowdown of activity on the platform Solana-based Telegram trading bot Solareum announced that it’s permanently suspending service after a recent security breach and citing insufficient funds. “It is with a profound sense of regret that we announce the closure of the Solareum project,” declared developers on the support channel
The hacker may have realized he had been discovered and could face charges A Munchables hacker, also a former developer on the platform, had a change of heart eight hours after stealing $62.8 million worth of Ether. He returned the stolen funds without demanding a ransom. The Ethereum-based nonfungible token (NFT) game Munchables reported a
A coding flaw may have led to hackers exploiting the company’s servers Real-world asset (RWA) liquidity firm Curio experienced a smart contract breach caused by a critical susceptibility linked to voting power privileges. The result was hackers swiping $16 million in digital currency from the platform. The Curio community was warned of the breach, and
The company partially blames the hack on GoDaddy’s protocols Layerswap, which links layer-2 blockchains to centralized crypto exchanges, recovered access to its domain after a brief hijack sapped about $100,000 in user funds. At about 7:40 PM UTC on March 20, the layerswap.io domain was breached, and users accessing the service were redirected to a
Ledger CEO Pascal Gauthier doesn’t believe a hack on Thursday did much damage Ledger CEO Pascal Gauthier recently addressed the wallet’s December 14 hack, saying in a company blog post that it is working with authorities to “find this bad actor, bring them to justice.” He stated that the hack of Ledger’s Javascript connector library
A French hacker gambles on a unique defense and wins A man only identified as Mohammed M. and his brother were vindicated of all criminal charges, while €7.8 million (US$8.4 million) worth of crypto tokens became untouchable after getting stuck in a wallet. A French court has permitted the two brothers, guilty of stealing $8.5
The platform allegedly helped thieves steal over $80 million in cryptocurrency One of the most widespread cryptocurrency wallet-draining kits available, Inferno Drainer, announced that it’s shutting down its services permanently after aiding phishing scammers in stealing almost $70 million in crypto in 2023. https://t.me/InfernoDrainer/150 The Inferno Drainer team announced in a November 26 Telegram post
The cryptocurrency exchange is offering $10 million if the hacker returns the rest of the funds The cryptocurrency exchange Poloniex recently posted a recent message to the hacker liable for the theft of over $100 million in digital assets from one of its digital wallets. It said that it has pinpointed the person responsible and
The exchange lost over $100 million to hackers but is trying to rebuild Cryptocurrency mogul Justin Sun’s Poloniex crypto exchange says it has nearly completed restoration measures and is readying the platform to continue operating after a $100 million hack forced it to shut down on November 10, according to an official statement released on
The cryptocurrency exchange was able to reverse a massive hack almost as it took place The Binance cryptocurrency exchange demonstrated extraordinary efficiency in protecting user assets during a recent situation. Binance CEO Changpeng Zhao (CZ) disclosed that the firm successfully froze most of the funds looted from its client executives. While on a business trip
The unhackable password protection app continues to see users lose their crypto September estimates disclosed that a minimum of $35 million in crypto was stolen from targets of the LastPass breach since the 2022 hack, with the most recent breach adding to the total. At least 25 users have reportedly lost $4.4 million in crypto
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