Certik Falls Victim to Phishing Scam Via Social Media Breach
A social media vulnerability exposes Certik to a phishing scam, prompting inquiries into the efficacy of crypto security protocols. Certik, an organization specializing in blockchain security auditing, encountered a substantial security vulnerability on January 5, 2024. The occurrence transpired during the wee hours of Friday and entailed the compromise of the social media accounts affiliated […]
Gamma Strategies Suspends Deposits Following $3.4M Hack
With proactive measures and a bounty for the return of assets, Gamma Strategies reacts decisively to the $3.4 million Ethereum breach. The Ethereum-based liquidity management protocol Gamma Strategies has discovered a security vulnerability. As a result of this unauthorized extraction of digital assets worth $3.4 million, Gamma has implemented atypical measures in its aftermath management. […]
Cross-chain Orbit Bridge Hit by $82M New Year Hack
It appears that a $81.7 million breach of the bridging service of Orbit Chain was the first of the year’s cyberattacks. Reportedly, just three hours before the new year’s festivities, Orbit Bridge, the bridging service of the cross-chain protocol Orbit Chain, was compromised for $82 million. Pseudonymous Twitter user Kgjr alerted readers to the potential […]
Ledger to Compensate Users After Connect Kit Breach
Ledger guarantees complete reimbursement to users who were impacted by the Connect Kit exploit, thereby fortifying security protocols. Ledger, an industry leader in hardware cryptocurrency wallets, has promptly addressed a recent vulnerability in its Ledger Connect Kit. The organization has shown a notable commitment to accountability and immediacy by offering complete reimbursements to all users […]
Court Exonerates Platypus Finance Hackers Following $8.5M Hack
A French court took no action against two brothers, Mohammed, and Benamar M, after clearing them of all criminal charges in the $8.5 million theft from the decentralized finance (DeFi) protocol Platypus. By draining and transferring $8.5 million from Platypus via a flash loan attack on February 16, hackers compelled the protocol to suspend trading […]