$50 million worth of various cryptocurrencies has disappeared from the automated market maker platform running on the Binance Smart Chain – Uranium Finance. While the team behind the project claims the funds were stolen, the cryptocurrency community speculates of a possible rug pull. $50M Gone From Uranium Finance The DeFi project took it to Twitter...Read More
According to legal documents republished on Scribd, law firm Roche Freedman has filed a formal complaint against Ledger and Shopify on April 6 on behalf of two lead plaintiffs. Ledger suffered a number of data breaches in 2020 and one was linked to e-commerce platform, Shopify, which hosts the company’s stores and products. Ledger admitted...Read More
Graham Ivan Clark, the teenager who was the mastermind behind the hack of various Twitter accounts belonging to high-profile accounts back in 2020, has received a three-year jail term. Twitter Hack Mastermind Serving Time According to a report by the Tampa Bay Times, Clark pleaded guilty to the Twitter hack that happened last summer at...Read More
The hacks and exploits on DeFi projects continue, and the latest victim to fall is the decentralized exchange platform – DODO. The attack targeted several V2 Crowdpools, and the stolen amount could go as high as $3.8 million. DODO Victimized by Hackers The decentralized finance sector is no stranger to malicious attacks and harmful exploits....Read More
Binance Smart Chain has become somewhat of a hot topic amid DeFi gem seekers in the past few weeks. The network saw an influx of new projects, reminiscing of the early days of the DeFi craziness last summer. In any case, hours ago, the community was shocked earlier today when news broke out that one...Read More
Verge, a privacy-centric cryptocurrency, reportedly suffered an attempted 51% attack, causing a massive blockchain reorganization, which wiped off over six months of transactions. 200 Days Worth of Verge Transactions Wiped Off The issue was first revealed by Antoine Le Calvez, chief data engineer at blockchain research company Coin Metrics. Tweeting on February 15, Le Calvez...Read More
CREAM Finance, one of the more popular projects in the field of Decentralized Finance (DeFi), has been exploited. The price for its CREAM token has dropped by 30% in less than a few minutes after the news broke out. The official Twitter account of CREAM Finance revealed earlier today that the protocol has been exploited....Read More
The brokerage arm of the South Korean business conglomerate Hanwha Group is reportedly set to acquire a 6.15% stake in Dunamu – the operator of the popular cryptocurrency exchange UPbit. The deal will take place on February 22nd, 2021. According to the KoreaHerald coverage, Hanwha Investment and Securities has agreed to buy 2.06 million shares...Read More
Months after suffering one of the worst hacks in crypto history, the popular exchange KuCoin has announced it had successfully recovered all stolen funds. The company’s CEO reassured that no customer has sustained any financial loss following the event. KuCoin Recovers Stolen Funds As reported back in September 2020, a group of unknown attackers exploited...Read More
The privacy coin Firo, which is formerly known as Zcoin, is currently going through a 51% attack. The team is yet to share further details, though they’ve clarified that they are working with exchanges and pools at the time of this writing. Privacy coin Firo is currently going through what is known as a “51%...Read More
Nearly $5 billion in bitcoin could make their way back to Mt. Gox users following a deal between creditors and CoinLab. Nevertheless, the agreement is still reportedly subject to creditor acceptance. Bloomberg reporter Matt Leising offered a brief explanation of the story earlier today, noting that CoinLab has reached a deal with Mt. Gox creditors...Read More
In yet another somewhat disappointing turn of events for Ledger users, the company has just revealed that they’ve discovered that the customer records for 20,000 ‘new’ users has been leaked during an incident with Shopify from back in the summer of 2020. In its most recent update, the cryptocurrency hardware wallet manufacturer Ledger revealed that...Read More
The company itself is offering little assistance and no reimbursements to the escalating number of victims of its slipshod security. The fallout from the second major data leak from the company that promised to be safer than keeping crypto on exchanges is intensifying. On December 21, a hacker leaked the details of as many as...Read More
The decentralized finance (DeFi) space continues to experience frequent attacks, and the latest victim is Warp Finance. The project admitted earlier today that undisclosed perpetrators have compromised the protocol and taken nearly $8 million by initiating a flash loan attack. $7.7M Taken In A Flash Loan Attack The significant growth of the DeFi space that...Read More
The attacker that drained over $8 million in NXM from the founder of Nexus Mutual had requested $2.8 million in ETH to stop disposing of the funds. As such, it seems that he has rejected the bounty offer from Hugh Karp of $300,000. What Happened With The Funds Of The Hack? CryptoPotato reported earlier this...Read More
Mt. Gox users fallen victim to an infamous hack in 2014 are closer to receive reimbursement as the debunked exchange’s trustee finally filed a draft rehabilitation plan. The Tokyo District Court and an examiner will now review the proposal and determine the following steps. CryptoPotato reported in October that the Tokyo District Court had issued...Read More
The personal address of Hugh Karp, the founder of the Ethereum-based insurance provider Nexus Mutual, has been drained for over $8 million worth of the NXM token by an already registered user. Despite the attack, Nexus Mutual has reassured that the customers’ funds are safe. Nexus Mutual Founder Drained For $8M In NXM The popular...Read More
A notorious hackers’ group called The Black Shadow has compromised one of the largest insurance companies in Israel – Shirbit. The attackers have already released sensitive client documents and have demanded a ransom in bitcoin, which could rise to $4 million by the end of the week. Israeli Insurance Company Hacked According to a local...Read More
If you have some Bitcoin in your wallet – and you live in Brazil – you can attack your country’s electoral infrastructure and bring the public institutions to their knees while people express their anguish as they wait for the results of a critical election to measure the leadership of the current president, deemed the...Read More
A group of researchers has located a new type of ransomware attack called Pay2Key executed against several Israeli and European companies. The perpetrators have requested the ransom to be paid with bitcoins, which the researchers have followed the funds to an Iranian cryptocurrency exchange. A New Ransomware Attack On Israeli And European Firms The updated...Read More
Over a month after being hacked and drained for nearly $300 million worth of various cryptocurrencies, the popular exchange KuCoin has recovered 84% of all funds. The company’s CEO also indicated that they will resume full service for all tokens by November 22nd. KuCoin Recovers 84% Of All Stolen Funds As CryptoPotato reported in late...Read More
A few days ago, a mysterious Twitter user claimed to have found the magic formula to crack Monero. Fireice_UK shared a web address that “revealed” personal information of several Monero users, even including their sexual preferences. “Anonymous” cryptocurrency #Monero broken. https://t.co/M2tDXFzpLb You can now check how many paedophiles thought it is private today. 100 new...Read More
A recent report examining the number of successful hacks on blockchain networks, exchanges, and even wallets concluded that attackers had stolen more than $13 billion in the past eight years. The paper noted that the EOS network had experienced the most breaches, while the malicious actors have taken the most funds from wallets. 330 Blockchain...Read More
One of the most popular blockchain projects, TRON, had undergone an attack by a malicious contract earlier today. Company CEO Justin Sun detailed the events in a recent tweet, reassuring users and developers that the system and all assets are “absolutely safe.” TRON’s Mainnet Attacked TRON’s founder and CEO took it to Twitter to explain...Read More
The popular cryptocurrency lending service Cred has announced that it has temporarily suspended all funds inflows and outflows. Without disclosing many details, the platform said it’s cooperating with law enforcement authorities to investigate an incident. Cred Suspends Deposits And Withdrawals The United States-based crypto lending platform, which recently announced joining Visa’s fast track program, updated...Read More
An unknown hacker’s group had reportedly compromised one of President Donald Trump’s campaign websites earlier today. The attack appeared as a cryptocurrency scam, in which the perpetrators asked for payments transferred via Monero. Thirty minutes after the hack, the President’s team updated that they had taken back control, and no sensitive information was exposed. President...Read More
Consumers who have purchased Ledger hardware wallets have been waking up to nasty emails claiming that their crypto assets are in danger of being stolen. It is the latest in a long list of phishing attacks designed to lure the uninitiated into divulging their secret phrases or downloading malware. The first round of spurious emails...Read More
In what seems to be a case of black hat hackers masquerading as the internet’s self-professed Robin Hoods, two charitable organizations have received mysterious bitcoin donations from a cybercriminal group. The generous gesture is worth 0.88 BTC (around $10,000), with the donating hackers wanting to “make the world a better place.” Hacking Corporations To Give...Read More
The deadline for submitting a rehabilitation plan for reimbursing Mt. Gox creditors has been delayed once more – this time to December 15th, 2020. As CryptoPotato reported before, the Tokyo District Court had issued an order indicating that the submission deadline was until October 15th. Nobuaki Kobayashi, the Mt. Gox rehabilitation trustee who has been...Read More
Major cryptocurrency exchange KuCoin has resumed deposits and withdrawals of some cryptocurrencies after the platform recently suffered a substantial hack. BTC, ETH, and USDT Withdrawal and Deposit Services Now Available According to an official announcement on October 7, KuCoin revealed that it reopened deposit and withdrawal functions for crypto tokens Bitcoin (BTC), Ether (ETH), and...Read More
