Exploits


Finance

Web3 Security Firm Blockaid Raises $27M to Help Tackle Industry's 'Never-Ending' Challenges

Blockaid claims to have scanned 450 million transactions, thwarted 1.2 million malicious transactions and safeguarded $500 million in user funds in the last three months .

CEO Ido Ben-Natan and CTO Raz Niv

Finance

DraftKings' Billionaire-Backed Crypto Analytics Firm CoinScan Raises $6.3M

The company is backed by Shalom Meckenzie, the largest individual shareholder in sports betting company DraftKings.

hand holding $20 bill in front of trees

Tech

Coinbase Earned $1M Amid Hack, but Hasn't Reimbursed Victims

Coinbase received 570 ETH, the second-largest payout tied to MEV in Ethereum’s history, to process transactions related to the Curve exploit.

Coinbase CEO Brian Armstrong (Coinbase)

Markets

Crypto Hacks and Exploits Cost Traders $303M in July; Worst Month of 2023

Some $52 million of assets were siphoned from Curve Finance just this weekend.

Computer Hacking Hackers (Shutterstock)

Finance

Curve Finance Drained of $50M While CRV Token Sinks 12% in Latest DeFi Exploit

More than $100M-worth of cryptocurrency could be at risk due to a bug impacting Curve, a stablecoin exchange at the center of Ethereum’s DeFi ecosystem.

(Tim Arterbury/Unsplash)

Finance

ZkSync's Largest Lender Struck by $3.4M Exploit

EraLend said the threat has been contained, but advises against deposits.

Hacker (Towfiqu Barbhuiya/Unsplash)

Opinion

What Mastodon’s Critical Bug Fixes Say About Crypto’s Security Vulnerabilities

Crypto protocols are often multi-billion dollar bug bounties, for better or worse.

(Mastodon)

Opinion

Bridge Exploits Cost $2B in 2022, Here’s How They Could Have Been Averted

The bridges that are essential to our multi-chain cryptoverse are vulnerable to hacks. But an analysis of some of the biggest exploits of the past year reveals that applying multiple security measures in combination could have blocked the attacks, writes Gnosis co-founder Martin Köppelmann.

New York City street view of multiple bridges and overpasses (Red Morley Hewitt/Unsplash)

Consensus Magazine

Crypto Hacks Are Down and Hackers Tend to Return Stolen Money: TRM Labs Report

The sanctions against Tornado Cash, as well as last year's arrest of the Mango Markets infiltrator, motivate hackers to return their loot, researchers believe.

Crypto companies hit by newsletter breach (Mika Baumeister/Unsplash)

Tech

Huobi and Gala Games to Give $50M to Victims of pGala Scheme

The firms will compensate the scheme’s victims while fighting for millions in damages from the cross-chain bridge that covered up the token-printing scheme.

Money (Alexander Grey/ Unsplash)