Lifi Finance Hit by $8 Million Exploit, Warns Users to Avoid Applications

According to reports, the decentralized finance (defi) protocol Lifi Finance experienced an $8 million loss due to an exploit. Lifi confirmed the breach on X and advised users to avoid interacting with Lifi-powered applications. Lifi Finance Loses $8 Million to Exploit On Tuesday, the onchain security firm Peckshield revealed that Lifi Finance had been compromised, … Read more

Opentensor Foundation Addresses Bittensor Security Breach

The Opentensor Foundation, the development team behind the Bittensor chain, has tackled a recent security breach affecting the network, impacting several community members. The foundation insisted that prompt actions were implemented to mitigate the attack and prevent future incidents. Malicious Package on PyPi Triggers Security Breach on Bittensor Chain On July 2, at 7:41 p.m. … Read more

Crypto Portfolio Tracker Coinstats Confirms Security Breach; Temporarily Shuts Down App

According to the crypto portfolio tracking app, Coinstats, suspected North Korea-linked hackers are believed to be behind the security breach on June 22, which impacted 1,590 user wallets, The Coinstats team has advised users with affected wallet addresses to immediately transfer their funds using their exported private keys. Coinstats App Shut Down Coinstats, the crypto … Read more

Over $300M in BTC Stolen From Japanese Exchange DMM Bitcoin in Major Security Breach

DMM Bitcoin, a subsidiary of DMM Group, has reported a significant security breach resulting in the theft of 4,502.9 bitcoin (BTC), valued at approximately $303 million. The Japanese cryptocurrency exchange detected the unauthorized transfer of funds from its wallet at 1:26 p.m. on Friday, May 31, 2024. In response, DMM Bitcoin has assured its customers … Read more

Vulcan Forged Platform Suffers Security Breach, 96 Wallets Compromised

Vulcan Forged, a gaming and NFT platform, suffered a security breach that allowed attackers to gain control of some cryptocurrency wallets of the service. The hackers got hold of 96 user wallets and managed to steal more than 4.5 million PYR, the native token of the project, among other assets. Vulcan is now dealing with … Read more