Crypto Hacks

Crypto Losses Fall To $28.8M In March, Down From $1.5B February Spike, Report

The crypto market saw significant changes in March as fraud losses fell drastically. Investor sentiment improved slightly despite ongoing security challenges and notable exploits....

Crypto Hacker Steals $5.4 Million in Ethereum from zkLend Only to Fall Victim to Phishing Scam on Tornado Cash

In a bizarre twist of events, a hacker who successfully stole 2,930 Ethereum (ETH), valued at approximately $5.4 million, from the decentralized finance (DeFi)...

Ethereum-Based SIR.trading Hacked, Loses Entire $355K TVL In Protocol Attack

Ethereum-based DeFi protocol SIR.trading suffered a severe hack that led to the loss of its entire TVL. The protocol lost approximately $355,000 in value...

Law Firm Secures $33M Award Against T-Mobile For SIM Swap Crypto Theft

A Los Angeles law firm won a $33 million award in a SIM swap case against T-Mobile. The case occurred in Fall 2023 and...

Coinbase User Allegedly Scammed for $34.9M in BTC, Bringing Total Losses to $46M This Month

A Coinbase user may have been defrauded of an incredible $34.9 million (400.099 BTC) yesterday, March 28th, which raises more concerns about the platform's...

Darkweb Leak: Hackers Claim to Have Stolen User Data from Gemini and Binance

Dark web hackers have allegedly leaked user data from Gemini and Binance, two major cryptocurrency exchanges, raising concerns over security breaches in the crypto...

Chinese Court Convicts 34 In $64M Crypto Fraud That Scammed 30,000 Victims

Virtual assets have grown in popularity, which has forced regulators to implement strict rules due to the rapidly increasing crypto scams.  The rise in digital...

DEXX Hack Confirmed as External Breach with Response Efforts While Compensation Efforts Earn Praise

The DEXX platform has officially confirmed that the recent security breach was an external attack rather than an insider theft.  Yu Xian, the founder of...

The DAO Treasury Takes Emergency Action to Purchase 6.5 Million MIM After $13M Crypto Hack

The Abracadabra decentralized autonomous organization (DAO) has taken swift emergency action after a major security breach resulted in the loss of approximately 13 million...

GMX and MIM Spell Contracts Suffer $12.9 Million Crypto Hack as Hacker Moves 6,262 ETH

A major security breach has hit the decentralized finance (DeFi) sector, with GMX and MIM Spell-related contracts suffering an exploit that resulted in a...

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Stablecoin Protocol Usual & Security Firm Sherlock Unveil $16M Bug Bounty, Largest In Tech History

Decentralized stablecoin protocol Usual has partnered with blockchain security...

BlackRock Secures Critical Crypto Registration from UK Financial Authority

BlackRock has secured a spot on the U.K. Financial...

Big-Time Gold Advocate Peter Schiff Seeks Public Donations To Grow His BTC Reserve

Bitcoin critic Peter Schiff has stirred debate by seeking...

Crypto Whale Makes a Cumulative Profit of $11.9 Million After Offloading Over 59,000 AAVE In 17 hours

A prominent cryptocurrency whale has made an impressive cumulative...