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Hacks
Crypto Investors Lost $54M to Rugpulls, Scams in May: Blockchain Security Firm De.Fi
May saw fewer exploits than April, suggesting better security practices among crypto users and developers.
Tornado Cash DAO Attacker Starts to Move Ether, TORN Tokens
The attacker holds over 20 ether in their wallet, and continues to have access to potentially all of Tornado Cash’s treasury funds as of Thursday.
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.
CoinDesk Turns 10: The Legacy of Mt. Gox – Why Bitcoin’s Greatest Hack Still Matters
The fall of the Japanese exchange in 2014 caused 750,000 bitcoin to go missing, putting crypto’s future in doubt. The event reverberates to this day, says Jeff Wilser.
DEX Merlin and CertiK Plan to Compensate $2M to Users Impacted in Rug Pull
A rogue developer behind the hyped launch allegedly conducted the rug pull on Wednesday.
LI.FI and InsurAce Pitch Protection for Moving Crypto Between Blockchains
LI.FI partnered with risk cover protocol InsurAce to provide protection for users who are bridging their cryptoassets from one blockchain to another.
$119M in Stolen Crypto So Far in 2023, NFT Rug Pulls on the Rise: Crystal Blockchain
DeFi protocols have been hackers’ favorite targets since 2021. Now hackers are preying on NFT projects, a blockchain intelligence firm says.
Web3 Security Company Ironblocks Takes Aim at Spate of DeFi Hacks
Ironblocks is the latest Israeli startup to build a protocol monitoring product.
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.
Crypto Crime Hit All-Time High of $20.6B in 2022: Chainalysis
Kim Grauer, the blockchain sleuthing firm's head of research, told CoinDesk TV sanctioned activity and hacking were the driving forces behind the rise in illicit transaction volumes last year.
