Exploits


Finance

Euler DeFi Protocol Exploited for Nearly $200M

The losses occurred over four transactions in dai (DAI), wrapped bitcoin (WBTC), staked ether (sETH) and USDC after the attacker conducted a flash loan attack.

Computer Hacking Hackers (Shutterstock)

Tech

Wormhole Bridge Exploiter Supplies $46M to Crypto Lending Platform Maker, Buys Wrapped Ether

The exploiter may be earning returns on staked cryptocurrency.

Cypher Protocol suffers exploit (Clint Patterson/Unsplash)

Videos

How a Year of Exploits and Hacks Shaped Regulatory Responses to Crypto

Ari Redbord, Head of Legal and Government Affairs at TRM Labs, reflects on the record-setting year in crypto exploits. While millions of dollars drained from crypto protocols dominated headlines, he points to the "impactful regulatory response" following these hacks, namely the Office of Foreign Assets Control's (OFAC) sanctioning of crypto mixers.

CoinDesk placeholder image

Finance

Defrost Finance Says Hacked Funds Have Been Returned

The hack, which some observers had characterized as a rug pull, was estimated to have netted $12 million.

(Shutterstock)

Opinion

This Was the Worst Year for Crypto Hacks. Here’s How 2023 Can Be Better

OpenZeppelin’s Stephen Lloyd Webber writes about the plague of exploits that drained billions from crypto protocols – and how Web3 can better secure itself.

(Shutterstock)

Tech

How Attackers Made $15M From Staking Platform Helio After Ankr Exploit

A delay in updating price data on BNB-related derivative tokens allowed some exploiters to piggyback off a previous attack.

(Adam Levine/CoinDesk)

Markets

DeFi Protocol Ankr to Reimburse Users Affected by $5M Exploit

The attacker was able to mint 6 quadrillion aBNBc tokens, which was eventually turned into roughly 5 million USDC.

(Shutterstock)

Markets

FTX Exploiter Transfers $200M in Ether to 12 Crypto Wallets

The exploiter had previously drained hundreds of millions of digital assets from FTX on the same day as the embattled crypto exchange filed for bankruptcy protection.

(Leon Neal/Getty Images)

Tech

FTX Accounts Drainer Swaps Millions in Stolen Crypto, Becomes 35th-Largest Ether Holder

The funds were converted to DAI stablecoins and bridged to the Ethereum network.

(Adam Levine/CoinDesk)

Finance

FTX Hack or Inside Job? Blockchain Experts Examine Clues and a ‘Stupid Mistake’

Insolvent crypto exchange FTX suffered a $400 million exploit late Friday after filing for bankruptcy protection.

(Leon Neal/Getty Images)