Crypto hacking losses plunge by nearly 50% in 2023 – Research
Blockchain intelligence firm TRM Labs credits this decline to several critical factors, including enhanced security measures, law enforcement and industry coordination. Go to Source
Hackers
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KyberSwap exploiter linked to $50M HXA token movement
Blockchain security firm Cyvers said the KyberSwap exploiter’s acquired funds were spread across various externally owned accounts (EOAs), now recognized as the top HXA token holders. Go to Source
Kyberswap comes to the rescue of hack victims, Platypus hacker walks free: Finance Redefined
The Platypus hacker managed to walk free from a court after claiming to be an ethical hacker despite stealing $8.5 million from the protocol. Go to Source
British regulator adds Justin Sun-linked Poloniex to warning list after $100M hack
The Financial Conduct Authority warns that the crypto exchange is operating without proper authorization. Go to Source
Web3 firm detects major security flaw in common smart contracts
A security vulnerability potentially affecting hundreds of smart contracts that were pre-built using a commonly used open-source library has been reported by Web3 firm Thirdweb. Go to Source
Platypus hacker walks free with $8.5M after claiming to be ‘ethical hacker’
While hackers Mohammed M. and his brother were cleared of all criminal charges, 7.8 million euros worth of crypto tokens became inaccessible after getting stuck in a wallet. Go to Source
Safe Wallet scammer steals $2M through ‘address poisoning’ in one week
A malicious actor behind at least $5 million in crypto theft through “address poisoning” significantly ramped up attacks against Safe Wallet users in the last week. Go to Source
KyberSwap announces treasury grants for hack victims
The grant is designed to ease the financial burden on affected individuals and will equal the USD equivalent of the assets lost in the security breach. Go to Source
Aerodrome and Velodrome DeFi platforms experience front-end hacks
The DeFi platforms Velodrome and Aerodrome took to social media to warn users that the front-ends for both platforms were under attack from malicious actors. Go to Source
Indexed Finance thwarts hijackers, set to compensate 2021 hack victims
In an X thread, Laurence Day, a former core contributor, detailed the efforts of the Indexed community in overcoming two hijacking attempts on the remaining treasury of the Indexed DAO. Go to Source
