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Hack
Crypto Asset Manager Babylon Finance Will Shut Down After Failing to Recover From Rari Hack
Babylon’s founder said several liquidity pools and the BABL token price were severely impacted, which contributed to the decision.
When White Hat Hackers Go Bad
Even the most ethical hacker can be lured in by the seven deadly sins of pen-testing. This article is part of CoinDesk's Sin Week series.
FBI Asks DeFi Platforms to Increase Security Measures, Warns Crypto Investors Against Vulnerabilities
The warning comes after a slew of DeFi hacks this year, which has led to investors losing billions of dollars worth of crypto.
LooksRare Fork Sudorare Rugs for $800K Despite Crypto Twitter Warnings
Developers behind the project deleted Sudorare’s social media channels and its website on Tuesday morning.
Ronin Hackers Converted Some Stolen Ether to Bitcoin: SlowMist Researcher
The exploiters converted their ill-gotten gains initially to ether and then to bitcoin before using sanctioned mixers to mask their identities.
Acala Stablecoins Near $1 Peg After Community Burns 1.2B aUSD Minted by Exploiters
Developers said trace reports were underway to identify the transactions performed by the 16 wallet addresses connected to the exploit.
DeFi Platform Acala’s Stablecoin Falls 99% After Hackers Issue 1.3B Tokens
A bug in the protocol’s newly deployed iBTC-aUSD liquidity pool left the door wide open for hackers to exploit.
Crypto Exchange Binance Recovers $450K Stolen From DeFi Protocol Curve.Finance
The world's largest exchange is working with law enforcement to return the funds.
'Copycats' Stole $88M During Nomad Exploit by Copying Attacker's Code: Coinbase
Over 88% of the addresses involved in the $190 million Nomad attack likely belonged to users copying a code that was initially used by the exploiters.
Analytics Firm Elliptic Says RenBridge Was Used to Help Launder $540M of Illicit Crypto Funds
Around a third of the sum laundered with the help of the cross-chain bridge is believed to be proceeds from ransomware attacks by North Korean hackers, according to Elliptic.