Hack

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WazirX Hackers Funnel $11M In Stolen ETH Through Tornado Cash

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The hackers behind the July WazirX breach, believed to be tied to North Korea, have moved another $11 million worth of stolen Ethereum (ETH) into Tornado Cash, a cryptocurrency mixer that obscures transaction trails. In the latest move, over 5,000 ETH was transferred to a new wallet, with $1.2 million laundered through Tornado Cash across … Read more

Penpie Faces Security Breach, Pendle Takes Swift Action To Protect $105M In Assets

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Penpie, a protocol built on top of Pendle, recently experienced a significant security breach that resulted in a loss of funds. In response, the Pendle team swiftly intervened to protect approximately $105 million from further potential losses. Alert: Penpie has encountered a security compromise. We have paused all deposits and withdrawals. Our team is working … Read more

WazirX Faces $234M Hack, Users Could Lose 40% Of Funds Amid Restructuring Efforts

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WazirX, a prominent Indian cryptocurrency exchange, has informed its users that they could face significant losses following a major security breach in July 2024 that resulted in the theft of $234 million. The platform is currently undergoing a restructuring process and has sought time from Singapore’s high court to devise a swift recovery plan to … Read more

Wazirx Fast-Tracks INR Withdrawals but Users Face 6-Month Crypto Trading Delay

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Indian crypto exchange Wazirx has accelerated Phase 2 of INR withdrawals after a cyberattack on July 18. Initially scheduled for Sept. 9, eligible users can now withdraw up to 66% of their INR balances. However, crypto trading on the platform will not resume for another six months. Wazirx Expedites INR Withdrawals Amid Post-Hack Restructuring Efforts … Read more

WazirX Users Get Partial Relief, But Crypto Withdrawals Remain Frozen

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It’s been a tumultuous month for WazirX users, following the devastating cyberattack on July 18, 2024, which prompted the platform to suspend withdrawals and trading. After weeks of intense efforts, the WazirX team has finally outlined a plan to address users’ pressing concerns regarding cryptocurrency and INR balances. 📢 Important Announcement About INR Withdrawals and … Read more

Polygon’s Discord Channel Hacked; Admins Regain Control Amid Security Concerns

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Polygon’s community Discord channel was compromised in a recent cyberattack, raising security concerns among users. The platform’s administrators have regained control and are working to restore the channel to its original state. Polygon Discord Breached—Admins Regain Control Access Polygon‘s chief information security officer, Mudit Gupta, explained that the Discord channel was compromised, cautioning users to … Read more

Whale Loses $55.47M DAI In Phishing Attack: A Cautionary Tale

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In a devastating phishing attack, a crypto whale lost 55.47 million DAI due to a careless mistake. The incident unfolded when the whale unknowingly signed an unknown transaction 13 hours ago, inadvertently setting the owner of his 55.47 million DAI in Maker to a phishing address: “0x0000db5c…41e70000.” This critical error allowed the attacker to gain … Read more

Hackers Exploit McDonald’s Instagram to Promote Fake Grimace Coin, Netting $700,000 in Solana

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Hackers recently took control of McDonald’s official Instagram account to promote a fraudulent Grimace meme coin, successfully scamming users out of $700,000 in Solana. The attackers also compromised the personal X account of McDonald’s Senior Marketing Director to further spread the scam. Grimace Coin, originally created as a meme token inspired by a social media … Read more