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 […]
Deus Finance loses $3M worth of DAI and Ether to hackers
Deus Finance, a multi-token decentralized finance (DeFi) marketplace, has been the latest victim of an exploit that has resulted in over $3 million in losses in the Dai (DAI) and Ether (ETH) cryptocurrency markets. PeckShield, a DeFi analytic firm , came to Twitter to explain the situation and how the funds were used. The attackers […]
The US DOJ seizes $28M in crypto connected to the NetWalker Ransomware
Over $28 million in crypto has been seized in connection with the extradition of Sebastien Vachon-Desjardins, a former Canadian government employee, to the United States on accusations related to the Netwalker ransomware. Vachon-Desjardins has been charged with conspiracy to commit computer fraud and wire fraud, intentional damage to a protected computer, and transmitting a demand […]
OpenSea’s Short Deadline Opens Window of Opportunity for Hackers
Investigations showed that NFTs were stolen from users via phishing emails before being moved to OpenSea’s new smart contract. The attackers acquire access to the NFTs after a user allows the migration via the phishing email. OpenSea , an online non-fungible token marketplace, has begun investigating exploit reports, claiming in a recent tweet that it has most likely […]