Solana Users Urged to Revoke App Permissions Amid Drain Attack
Solana is allegedly facing large-scale drain attacks tied to meme coins, with developers urging users to secure assets by revoking app permissions. They advise users to protect their assets by removing permissions from their apps. There have been multiple claims of financial losses due to illegal access, purportedly stemming from a wave of drain attacks […]
Crypto Exchange Four Dragons Reportedly Suffers $100m Hack
According to cryptocurrency exchange Four Dragons, a security system breach led to “significant funds being withdrawn.” The cryptocurrency exchange Four Dragons , based in Kyrgyzstan, declared on its website that it was the target of a hacking assault on February 22. As a result, an undisclosed quantity of cryptocurrency, purportedly valued at approximately $100 million, […]
PlayDapp Breach 8th Largest Hack in Crypto History at $290m
PlayDapp’s smart contract exploit enters its fifth day, accumulating over $290 million in losses, marking the largest hack since 2022. The PlayDapp security breach was previously reported, when an unauthorized addition to the PLA token’s minting address was identified by several security analysts, immediately plummeting the token’s value. The incident has continued to unfold throughout […]
South Korean Crypto Karaoke Platform Hacked for $11.5M
An attack caused the South Korean karaoke blockchain platform Somesing to lose access to 730 million SSX tokens valued at $11.58 million. A blog post by Somesing states that the hack happened on January 27. From the SSX tokens that were taken, 226 million were in the fund’s custody, and 504 million were still unallocated […]
Uranium Finance Hacker Transfers $2.5m BUSD
Using Li.fi, the attacker from Uranium Finance moved 2.5 million BUSD from the BNB chain to Ethereum (ETH). Using the DEX aggregator Li.fi protocol, 2.5 million BUSD were transferred from the BNB Chain to Ethereum on January 22, according to the on-chain analytics platform PeckShield Alert. Assets were converted into 812 ETH and around $500,000 […]