Multichain Foundation to pay $2.1M to Fantom for losses
The High Court of Singapore ordered Multichain to compensate the Fantom Foundation after a $210 million hack, awarding $2.18 million in damages. Go to Source
Crypto hack
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Frax Finance X account hacked, CEO suspects ‘inside job’ at Elon Musk’s office
Frax Finance’s X account was hacked on June 1 without a password breach, leading CEO Sam Kazemian to suspect insider involvement. Go to Source
Hundred Finance hacker moves stolen assets a year after $7M exploit
The hacker holds about $4.3 million in various crypto assets in their Ethereum wallet. Go to Source
Stars Arena recovers 90% of stolen funds after offering $257K bounty
The exploiter of the Web3 social media platform agreed to keep a 10% bounty in exchange for returning the remainder of the stolen funds. Go to Source
Mark Cuban’s loses $870K in hot wallet hack
Mark Cuban confirmed that he was hacked, but doesn’t appear to know exactly how it happened as of yet. Go to Source
$794K SIM swap hacker PlugwalkJoe sentenced to five years in prison
The hacker managed to steal $794,000 worth of crypto from an exchange via a SIM swap attack on an exec, but ultimately he didn’t cover his tracks well. Go to Source Powered by WPeMatico
Atomic Wallet gives major update on hack but questions remain unanswered
The statement is the first major update from the wallet provider since the exploit in early June, but users are still in the dark about the actual cause. Go to Source Powered by WPeMatico
Institutional crypto broker FPG halts withdrawals after $20M cyberattack
Floating Point Group informed customers that withdrawals had been halted after experiencing a security breach on Sunday evening. Go to Source Powered by WPeMatico
Google Ads-delivered malware drains NFT influencer’s entire crypto wallet
A sponsored advertising link on Google hid malware that siphoned thousands of dollars worth of crypto and NFTs from an influencer’s wallet. Go to Source Powered by WPeMatico
The 10 largest crypto hacks and exploits in 2022 saw $2.1B stolen
Just the top 10 major cryptocurrency exploits garnered over $2 billion for malicious actors in a year that was marred with bankruptcies and collapses. Go to Source Powered by WPeMatico
