Lazarus Group Allegedly Behind $60M Alphapo Hack – ZachXBT
A report from crypto investigator ZachXBT states that the North Korean state-backed Lazarus group is allegedly behind the Alphapo hack on July 22 due to the group’s “very distinct fingerprint on-chain.” Lazarus, the notorious North Korean hacker group, has been linked to yet another multimillion-dollar hack, this time affecting Alphapo, a large payment processor associated […]
Multichain Shuts Down After CEO Arrest, $125M Hack
Multichain, a cross-chain bridge protocol, has announced that it will cease operations due to lack of funds and contact with its CEO, who is in Chinese police custody. The announcement comes after a massive exploit that drained over $125 million from the protocol, which some experts suspect to be an internal rug pull. Multichain is […]
Arcadia Finance Faces Hack on Ethereum, Optimism for $455K
Decentralized finance (DeFi) protocol Arcadia Finance was hacked using a code vulnerability that allowed the hacker to drain funds worth roughly $455,000 from its Ethereum and Optimism vaults. PeckShield, a blockchain investigator, notified Arcadia Finance of a hack and identified the cause as “the lack of untrusted input validation.” Supposedly, the code lacked a mechanism […]
Sturdy Finance Resumes Operations Following $800K Security Breach
Sturdy Finance, a decentralized finance (DeFi) technology platform, has reopened its stablecoin market after experiencing a recent attack on its website. On June 16, the platform resumed the stablecoin mTerraUSD Stablecoin Market Cap Reaches $15 Billion for the First Timearket, allowing users to access their funds. The delay in reopening the market was a precautionary […]
Floating Point Group Halts Services, Following $20M Hack
Floating Point Group (FPG) has banned fund deposits and withdrawals on its platform due to a security compromise. Floating Point Group (FPG), a brokerage firm for digital assets in Southeast Asia and Asia Pacific (APAC), has stopped fund deposits and withdrawals on its platform due to a security breach. The company states that a sum […]