Unhappy Contractor Responsible for Holograph Protocol Hack

Unhappy Contractor Responsible for Holograph Protocol Hack

According to an internal investigation, a former disgruntled contractor hacked the blockchain tokenization platform Holograph. The Holograph protocol was exploited by a criminal on June 13 to create 1 billion native Holograph (HLG) tokens, which are valued at $14.4 million. Consequently, the value of HGL tokens plummeted by nearly 80% within nine hours of the […]

Binance User Loses $1M in Crypto Via Plugin Counter-Trading

Binance User Loses $1M in Crypto Via Plugin Counter-Trading

This plugin allowed the hacker to steal Nakamao’s Binance session by gathering his browsing cookies without a password or two-factor authentication. Reportedly, a Chinese user of the crypto exchange Binance has lost crypto holdings worth an astounding $1 million from his Binance account in a recent development of crypto theft. The Chinese user Nakamao claimed that […]

Pink Drainer Steals $4.4M from Single Victim in Latest Hack

Pink Drainer Steals $4.4M from Single Victim in Latest Hack

The owner of Chainlink (LINK) tokens lost $4.4 million in assets as a result of a Pink Drainer breach. Scam Sniffer evidence that is currently accessible indicates that attackers deceived the user into signing a transaction pertaining to the IncreaseAllowance function . The victim lost 275,700 Link in two transactions just after that. You can […]

Justin Sun’s Crypto Venture Loses Over $100m in Recent c

Justin Sun's Crypto Venture Loses Over $100m in Recent Hack

The cybersecurity company Cyvers Alerts revealed in a post, dated November 22 that a questionable address had obtained $12.4 million from the HTX exchange. Simultaneously, another location connected to Justin Sun’s business endeavors amassed almost $85 million from HECO Chain bridge. When considered as a whole, the notice implies that Poloniex, a well-known cryptocurrency exchange […]

Platypus Finance Recovers 90% of Assets Lost in Exploit

Platypus Finance Recovers 90% of Assets Lost in Exploit

90% of the funds stolen in a security breach last week have been recovered, according to the decentralized finance (DeFi) protocol Platypus Finance. The protocol’s net loss, as stated in the release from October 17, was restricted to 18,000 AVAX (AVAX $9.13), worth $167,400 at the time of publication. Platypus Finance stated it “will guarantee […]