Hundred Finance Hacker Transfers Stolen Assets After One Year
After a year of inactivity, the hacker who stole $7.4 million from the decentralized Finance (DeFi) protocol Hundred Finance has begun transferring the crypto assets. The infiltrator removed approximately $800,000 worth of Ether and Tether from Curve’s decentralized exchange (DEX) on May 1, more than a year after supplying liquidity on the platform. Upon completion […]
Jury Finds Mango Markets Hacker Guilty of Fraud
The jury has found Avraham “Avi” Eisenberg guilty of fraud and market manipulation in the $117 million Mango Markets hack. A panel of jurors rendered their verdict on April 18 in the United States District Court for the Southern District of New York, finding Eisenberg guilty of wire fraud, commodities fraud, and commodities manipulation. Hours […]
Nirvana Finance Hacker Faces 3 Years Prison Sentence
Shakeeb Ahmed, a software engineer, has received a three-year prison term following his involvement in the Nirvana finance and the decentralized Crypto Exchanges flash loan attacks in 2022. According to a statement by U.S. Attorney Damian Williams, Ahmed’s conviction stands as the inaugural instance of compromising a smart contract. In addition to having $12.3 million […]
Hacker Transfers $10M Worth of Ether From 2023 Phishing Attack
A September 2023 phishing-associated account transferred $10 million in Ether to the cryptocurrency mixing protocol Tornado Cash. A blockchain security firm, CertiK, identified an account associated with the $24 million breach on March 21 while transmitting 3,700 ETH to Tornado Cash. Phishing on September 6, 2023, resulted in the theft of funds from a cryptocurrency […]
Seneca Stablecoin Hacker Returns $5M Following Exploit
Following a $6.4 million digital assets exploit from the Seneca stablecoin platform, the hacker has returned over $5 million after the project pledged a 20% bounty to the hacker. Multiple blockchain security firms identified the vulnerability in the stablecoin protocol on February 28. Enterprises such as CertiK issued advisories to users regarding the vulnerability, imploring […]