KyberSwap Hacker Transfers $2.5M in Stolen Funds to Ethereum Blockchain
The hacker responsible for the assault on the KyberSwap decentralized exchange (DEX), transferred $2.5 million worth of stolen digital assets from Arbitrum to Ethereum blockchain. Blockchain analytics firm PeckShield disclosed transactions originating from the wallet address of the KyberSwap assailant on February 26. According to blockchain data, the intruder transferred 798.8 Ether, valued at nearly […]
Angel Drainer Steals Over $400K From Several Crypto Wallets
Reportedly, over $400,000 was stolen from 128 cryptocurrency wallets by the infamous phishing group Angel Drainer using a new attack vector that utilized Etherscan’s verification utility to obscure the malicious nature of a smart contract. Angel Drainer initiated the attack at 6:40 a.m. on February 12 by deploying a malicious Safe (formerly Gnosis Safe) vault […]
Bitcoin ATM Vulnerability Could Give Hackers Total Control – IOActive CTO
According to IOActive chief technology officer (CTO) Gunter Ollman, through the vulnerabilities of Bitcoin ATMs, attackers could gain unrestricted access to steal users’ Bitcoin through the ATM. In 2023, security researchers from IOActive attempted to seize control of several ATMs issued by Lamassu. While trying to penetrate the ATMs, the research team identified several vulnerabilities […]
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 […]
Nirvana Finance Hacker Pleads Guilty, Agrees to Return $12.3m
Senior security engineer Shakib Ahmed acknowledged breaking into another anonymous, decentralized exchange (DEX) and the Nirvana Finance protocol. As per the statement, Ahmed consented to reimburse $12.3 million that was acquired due to the exploit and furnish $5.07 million in recompense. According to the U.S. Attorney’s Office, Ahmed stole money from an unidentified Solana-based exchange […]