Reddit Users Report Ripple Scam on YouTube
As is a customary tactic for fraudsters, Reddit users have identified a deepfake video purporting to show Ripple CEO Brad Garlinghouse requesting XRP holders to transfer their coins to a specific address with the assurance of receiving double the amount back. A participant of the online forum stated in a Reddit thread that they had […]
Nirvana Finance Hacker Pleads Guilty, Agrees to Return $12.3m
Senior security engineer Shakib Ahmed acknowledged breaking into another anonymous, decentralized exchange (DEX) and the Nirvana Finance protocol. As per the statement, Ahmed consented to reimburse $12.3 million that was acquired due to the exploit and furnish $5.07 million in recompense. According to the U.S. Attorney’s Office, Ahmed stole money from an unidentified Solana-based exchange […]
HECO Chain Bridge Loses Over $86.6M Due to Suspected Hack
PeckShield, a blockchain security platform, has disclosed that digital assets worth over $86.6 million were transmitted from the HECO Chain bridge to addresses that appear to be suspicious. The security firm hypothesizes that an ongoing exploit has compromised the bridge. Tron founder Justin Sun issued the following statement in response to the incident: HTX will […]
Fantom Foundation Awards Researcher $1.7M in Bounty After Hack
Following the Fantom hack in October, a security researcher revealed as much as $170 million could have been lost, in recognition of the researcher’s contribution, the organization awarded him $1.7 million as bounty. Following an October breach that cost the Fantom Foundation $550,000, the Fantom Foundation, a non-profit organization that develops the Fantom blockchain platform, […]
Justin Sun Gives New Ultimatum to Poloniex Hackers, Offers $10m Bounty
Poloniex verifies the hackers’ identity and offers a $10 million white hat bounty to retrieve funds pilfered. According to on-chain data published by blockchain security company PeckShield , Poloniex has publicly identified the hacker responsible for stealing $120 million from the exchange on Nov. 10. The hacker has also been offered a $10 million white […]