Crypto: hackers exploited a flaw in an Ethereum tool to steal $160 million

Crypto hackers exploited a flaw in an Ethereum tool to

wintermutea “market maker” or cryptocurrency market maker, was the victim of a large-scale hack. In a message posted on Twitter on September 20, 2022, Evgeny Gaevoy, CEO of the London-based company, announced the disappearance of $160 million of crypto-assets. We’ve been hacked for about $160M in our defi operations. Cefi and OTC operations are not … Read more

Why Hackers Are Able To Steal Billions Of Dollars Worth Of Cryptocurrency

Why Hackers Are Able To Steal Billions Of Dollars Worth

Placeholder while loading article actions Welcome to Cybersecurity 202! If you’re a regular reader, you might have noticed that we’ve had a bit of an abbreviated schedule lately, but the noob whose name is at the top of this newsletter now (ahem, that guy from Starks) has been lax to let you know. I’m catching … Read more

Ethereum: a hacker managed to steal $182 million in cryptocurrencies

Ethereum a hacker managed to steal 182 million in cryptocurrencies

A seasoned hacker has managed to steal $182 million in cryptocurrency from the Ethereum blockchain. The scammer attacked a decentralized finance service called Beanstalk by exploiting a security flaw in the protocol. This Sunday, April 17, 2022, Beanstalk, a leading decentralized finance protocol that relies on the Ethereum blockchain, has been hacked. The attacker exploited … Read more

Hackers steal nearly R9 billion in biggest crypto heist ever, and no one noticed for six days – Reuters News in France and abroad

Hackers steal nearly R9 billion in biggest crypto heist ever

Hackers stole around $600 million from a blockchain network connected to the popular online game Axie Infinity The breach occurred on March 23, but wasn’t discovered until Tuesday, according to Roninthe blockchain that supports Axie Infinity The hack follows the February attack on the Wormhole crypto bridge, which resulted in more than $300 million in … Read more