Multichain protocolrecovers about 50% of its stolen funds from hackers
Multichain protocol which was previously hacked due to vulnerabilities in January reported that it has recovered $2.6M of the total stolen funds. This amount makes up about 50% of the total funds stolen by hackers. Multichain, a cross-chain router protocol, announced the recovery of approximately half of the total stolen money, worth nearly $2.6 million […]
Hackers steal $321M from Wormhole token bridge platform
Wormhole a token bridge between Ethereum and Solana has witnessed the latest DeFi hack resulting in the loss of 120,000 wETH tokens ($321 million) from the platform. This is the biggest hack in 2022 and second after PolyNetwork’s $610M in 2021 Wormhole is a token bridge that allows users to send and receive crypto without […]
Crypto info outlet Coin Bureau’s Youtube channel gets hacked
In the past few days, there have been some attacks targeting prominent crypto YouTubers, Coin Bureau is the latest YouTube channel to be affected despite its implementation of the Two-Factor Authentication or 2FA. On Monday, Coin Bureau , a major cryptocurrency news source with over 600,000 Twitter followers, faced a security compromise on its Youtube […]
400 user accounts were compromised – Crypto.com CEO
Kris Marszalek CEO of Crypto.com confirmed on Bloomberg TV on Wednesday that 400 accounts were hacked earlier this week after several layers of the firm’s security were breached. Crypto.com announced on Thursday that “4,836.26 ETH, 443.93 BTC, and about US$66,200 in other currencies” had been taken without permission from clients’ accounts. According to the current […]
Users attack Multichain over security vulnerability leading to losses of over $3M
Cross-chain router protocol (CRP) Multichain, on January 17th first discovered a security breach on its network. However, hackers have continued to take advantage of the weakness in the chain with users having lost over $3M. Multichain asked users to rescind permissions for six tokens earlier this week to protect their funds from fraudulent persons . […]