Penpie protocol exploited, suffers $27M loss
Cryptocurrency hacks have stolen $1.21 billion in funds so far in 2024, a 15.5% increase from 2023. Go to Source
Exploits
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Crypto hackers surpass $1.2 billion stolen in 2024: Immunefi
Crypto hackers have stolen over 15.5% more in 2024 so far compared to the same period last year. Go to Source
November most ‘damaging’ month in 2023 as thieves pilfer $363M in crypto
The Poloniex, HTX/Heco Bridge exploits and the KyberSwap flash loan attack were the three largest incidents in November, according to blockchain security firm CertiK. Go to Source
September becomes the biggest month for crypto exploits in 2023: CertiK
The Mixin Network cross-chain protocol accounted for almost two-thirds of the crypto exploit losses in September. Go to Source
Firms have mere hours to deflect cyber attacks, warns cybersecurity CEO
Palo Alto Networks CEO Nikesh Arora has warned that “bad actors are getting faster” and stressed that companies need to beef up cybersecurity defenses. Go to Source
Connext, Alchemix launch cross-chain token standard to reduce bridge exploit losses
The two protocols will implement a standard for issuers to control the “canonical” minting of tokens, helping to reduce losses from unofficial bridges. Go to Source Powered by WPeMatico
April’s crypto scams, exploits and hacks lead to $103M lost — CertiK
The month was particularly bad for exploits, with the amount lost accounting for half of the total crypto exploited so far in 2023. Go to Source Powered by WPeMatico
Openai’s GPT-4 Launch Sparks Surge in AI-Centric Crypto Assets
Following Openai’s release of GPT-4, a deep learning and artificial intelligence product, crypto assets focused on AI have spiked in value. The AGIX token of the Singularitynet project has risen 25.63% in the last 24 hours. Over the last seven days, four out of the top five AI-centric digital currencies have seen double-digit gains against … Read more
7 DeFi protocol hacks in Feb sees $21 million in funds pilfered: DefiLlama
DeFi platforms lost over $21 million to hackers throughout February, according to data released by DeFi project aggregator DefiLlama. Go to Source Powered by WPeMatico
DeFi exploits and access control hacks cost crypto investors billions in 2022: Report
Cyber criminals used a variety of methods to siphon funds through hacks and exploits in 2022, amounting to over $2.8 billion in losses. Go to Source Powered by WPeMatico
