Gala Games Hacker Returns $22M in Ether from Attack
Gala Games has been reimbursed approximately $22 million in Ether by the hacker accountable for minting $200 million worth of GALA tokens on May 20. The incident involved issuing and selling a fraction of the $200 million worth of Gala GALA tokens before the wallet was blocked. Nearly the market value of the 600 million […]
Kronos Research Hacker Transfers $3.7M to Tornado Cash
The hacker behind the $25 million Kronos Research exploit has transferred another $2.6 million worth of Ether to Tornado Cash. The perpetrator responsible for the $25 million Kronos Research breach has transferred an additional $2.6 million worth of Ether to Tornado Cash, a cryptocurrency blending service. The 700 Ether transfer originated on May 21 from […]
Pendle Token Theft Soars, $5.62M Lost in Latest Permit Phishing
Pendle token thefts rise to $10 million due to phishing. Recent loss of $5.62 million highlights the need for yield token approval vigilance. The market remains resilient as Pendle climbs. The Pendle token ecosystem has seen a dramatic increase in thefts in recent months, with security breaches resulting in the loss of more than $10 […]
Pink Drainer Closes After $75M Crypto-Theft, 20K Victims
Since the infamous Pink Drainer developers declared their retirement after stealing over $75 million worth of cryptocurrency assets, the crypto community may finally have some peace. The creators of Pink Drainer, a wallet draining service linked to the theft of millions of dollars in assets, have announced the end of their operations. Pink Drainer is ceasing […]
China Arrests 6 for $300M Crypto Exchange Fraud
According to a recent report, Chinese authorities have arrested six persons in a $300 million crypto fraud investigation, indicating rigorous regulatory enforcement. Chinese authorities have successfully dismantled a substantial cryptocurrency exchange fraud operation, apprehending six individuals implicated in the illicit scheme and seizing approximately 2.14 billion yuan ($300 million). The enforcement operation, spearheaded by the […]