KyberSwap Hacked for $46M, Users Advised to Withdraw Funds
KyberSwap, a decentralized exchange, has suffered a major security breach, resulting in the loss of around $46 million in various cryptocurrencies. The attack targeted the KyberSwap Elastic protocol, which offers speed, efficiency, and top-tier governance. KyberSwap, which operates on the Kyber Network, has been hit by a massive exploit that drained about $46 million worth […]
Poloniex Crypto Exchange Faces $100M Exploit
According to blockchain security firms, crypto exchange Poloniex suffered a $100 million exploit in digital assets due to a security breach. A Poloniex 4 account on Etherscan transferred millions of crypto assets on November 10. Initial loss estimates amounted to approximately $60 million. Later investigation revealed, nevertheless, that the assailants had stolen more than $100 […]
ChainLight Averts $1.9B Exploit in zkSync Era Protocol
ChainLight, a blockchain security audit firm, discovered and reported a critical bug in the zkSync Era protocol that could have allowed an attacker to steal up to 100,000 ETH. Matter Labs fixed the bug, and the developers of zkSync Era and ChainLight were rewarded 50,000 USDC for their vigilance. How ChainLight found the bug The […]
Telegram Maestrobots Refunds 610 ETH to Users After Exploit
Maestrobots, a group of cryptocurrency bots on the Telegram messenger, refund users has refunded users 610 ETH in the aftermath of a 280 ETH smart contract exploit on Oct. 24. The Maestro team refunded users affected by the Maestro Router 2 contract, X (formerly Twitter) announced on October 25. According to the announcement, Maestrobots paid […]
Stars Arena Confirms Protocol Exploit
Friend Tech’s rival company, Stars Arena has acknowledged the protocol attack that depleted more than 266,000 AVAX tokens. Recently, Stars Arena, the Avalanche-based adversary of social protocol Friend Tech, confirmed a protocol vulnerability. This led to the astounding loss of 266,103 AVAX tokens, valued at almost $2.88 million. The blockchain ecosystem and the safety and […]