CoinsPaid Payment Gateway Suffers $7.5M Hack — Cyvers
CoinsPaid, a cryptocurrency payment gateway, has suffered its second security compromise in six months. Cyvers, a Web3 security firm, disclosed detected unauthorized transactions worth approximately $7.5 million. On January 6, the artificial intelligence system of Cyvers identified several anomalous transactions, which authorized the withdrawal of digital assets valued at $6.1 million in Tether, Ether, USD […]
Gamma Strategies Attempts to Negotiate Bounty with Hacker
In the aftermath of a $3.4 million hack in digital assets, Gamma Strategies liquidity management protocol, while attempting to retrieve the funds lost in the exploit, negotiates a bounty with the hacker. PeckShield, a blockchain security firm, identified an exploit in Gamma’s repositories on January 4. Initial assessments indicated that the losses incurred a value […]
Curve Finance to Compensate Victims of $61M Hack
A vote has been taken by Curve Finance defi protocol community members to reimburse the liquidity providers (LPs) that were victims of a $61 million hack in July. On December 21, 94% of token holders authorized the distribution of tokens worth more than $49.2 million to compensate for the losses of the Curve, JPEGd, Alchemix, […]
KyberSwap Hacker Demands Complete Executive Control of Platform
The hacker responsible for the $46 million KyberSwap breach has demanded “Complete Executive Control” of the Kyber organization, including all company assets, both on and off-chain, shares, equity, and tokens in exchange for the return of the stolen funds The KyberSwap intruder dispatched an on-chain message to all pertinent and interested parties on November 30. […]
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 […]