Hack


Markets

Gala Games Hacker Returns $23M in ETH; Founder Proposes 'Buy and Burn'

Gala investor DWF Labs also said that it had purchased 28 million GALA tokens "to alleviate market selling pressures."

Jason Brink, President of Blockchain, Gala Games, at Consensus (Shutterstock/CoinDesk)

Finance

Crypto Sleuth Ogle Proposes Security-Centric 'Glue' Blockchain

The upcoming layer-1 takes a hands-on approach to ensuring project security.

The Glue homepage (Danny Nelson/CoinDesk)

Tech

How MIT Brothers Allegedly Cheated a Noxious-But-Accepted Ethereum Practice for $25M

First came "The Bait." In an indictment, U.S. prosecutors detailed the incredibly complicated Ethereum exploit – in which attackers targeted the controversial area of "maximal extractable value," known as MEV.

(Shutterstock, modified by CoinDesk)

Tech

Sonne Finance Token Drops 60% After $20M Exploit on Optimism

Attackers stole ether, velo and stablecoins before developers mitigated the hack and paused operations. Sonne’s markets on the Base blockchain were not affected.

Crypto hacks, scams and exploits netted some $2 billion this year. (fikry anshor/Unsplash, modified by CoinDesk)

Finance

Bitcoin DeFi Tool Alex Lab Loses $4.3M in Hack, Offers 10% Bounty for Stolen Funds

The ALEX team proposed a 10% bounty on the total stolen funds in exchange for the return of 90% of assets.

(Kevin Ku/Unsplash)

Finance

Crypto Exchange Rain Hit by $14.8M Exploit: ZachXBT

The hack occurred on April 29, ZachXBT said.

(Azamat E/Unsplash)

Finance

Poloniex Hacker Sends $3.3M Worth of Ether to Tornado Cash

The hacked funds had previously been dormant for 178 days.

Hacker (Towfiqu Barbhuiya/Unsplash)

Finance

Exploiter Steals $68M Worth of Crypto Through Address Poisoning

The victim was duped by a mimicked 0.05 ether transfer.

(Kevin Ku/Unsplash)

Policy

Hacker Sentenced to 3 Years in Prison for Stealing Over $12M From Crypto Exchanges

Shakeeb Ahmed stole over $12 million from Nirvana Finance and a DEX thought to be Crema Finance.

(Kevin Ku/Unsplash)

Markets

Bitcoin Lightning Exchange FixedFloat Sees 'Suspicious' Transfers of $3M to Ethereum, Tron

The website was down for “technical work” as of early European afternoon hours Tuesday.

Crypto hacks, scams and exploits netted some $2 billion this year. (fikry anshor/Unsplash, modified by CoinDesk)