Bittensor Shutdowns Network Following $8M Exploit
Bittensor was compelled to halt its network activity on July 3 due to a wallet exploit that resulted in the theft of at least $8 million in digital assets. Ala Shaabana, the co-founder of Bittensor, declared the network outage in a post on July 3 to contain the exploit. “By way of an update, we […]
Ethereum Re-staking Exploit Victim Gets Funds Back
On May 26, an unlucky victim lost 1,807 liquid staked Ethers valued at $6.91 million. The hacker has returned a substantial portion of the stolen funds. Yu Xian, co-founder of blockchain analytics firm SlowMist, wrote, “Yesterday, the old phishing group Inferno Drainer used the permit offline authorization signature to phish away nearly US$7 million in […]
FTX Exploiter Transfers $36.8M in Ether as SBF Trial Begins
FTX exploiter’s wallet address transferred approximately $36.8 million worth of Ether in the wake of Sam Bankman-Fried’s (SBF) court trials, bringing the current balance in their portfolio down to $196.014 million after a series of transfers. The accounts of FTX and FTX.US were depleted of $600 million on November 11, 2022, hours after the cryptocurrency […]
OpenSea refund users who lost NFTs from the ‘Inactive listing’ exploit about $1.8M in Ethereum
OpenSea has compensated customers who unintentionally traded their NFTs at outdated pricing with 750 ETH which is about $1.8 million in fiat currency. OpenSea has now refunded consumers who sold valuable NFTs at substantially below their going market rate due to an exploit involving “inactive listings” for 750 Ethereum ($1.8 million). About the exploit Several […]