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 […]
DeFi platform Mango Markets faces $100M exploit
Mango Markets, a decentralized finance (DeFi) exchange based on the Solana blockchain has reportedly suffered a breach of over $100 million as a result of an attacker manipulating price data. By manipulating the value of their Mango (MNGO) native token collateral and then taking out “large loans” from Mango Markets’ treasury, the attacker was able […]
Crypto Scammers Hack S. Korean Govt’s YouTube channel
Following a prompt response from the South Korean government, the hijacked YouTube account was restored in less than four hours, according to a local news source. According to reports, a South Korean government YouTube channel was hacked and renamed SpaceX Invest. The site then posted fake videos of Elon Musk addressing cryptocurrency. On September 3, […]
FBI warns about cybercriminals using DeFi as a target
The enforcement agency (FBI) highlighted smart contracts managing DeFi systems as a specific source of worry. In light of the $1.6 billion in exploits planned for 2022 against decentralized finance (DeFi) networks, the US Federal Bureau of Investigation (FBI) has issued a new warning to investors in these platforms. In a public service notice posted […]
Hacker makes ineffective attempt to exploit bridge protocol
Within 31 seconds, the effort was thwarted, and the hacker forfeited their 5 ETH security deposit. The CEO of Aurora Labs, Alex Shevchenko, described a hacker who tried to use the Rainbow Bridge but lost 5 Ether (ETH), which is now worth around $8,000, in a Twitter thread. Meanwhile, not all hackers, can profit handsomely […]