Main topic: Hackers stole $62 million from Curve Finance, raising concerns about the strength of the decentralized finance ecosystem.
Key points:
1. Curve Finance is one of the largest decentralized exchanges (DEX) with $1.67 billion in total value locked (TVL).
2. Several DeFi projects' pools were also hacked, resulting in significant losses.
3. The hack was caused by a bug in older versions of the Vyper compiler contract programming language.
4. The hack represents about 4% of Curve's TVL, but a white hat hacker returned $5.4 million to Curve.
5. The hack highlights ongoing challenges and vulnerabilities in the crypto space.
The hacker who stole $570 million from Binance last year had a portion of their stolen funds liquidated after the Venus community voted in favor of a governance proposal enabling the liquidation, and the attacker's position was manually liquidated for $52.3 million when the price of Binance Coin dropped.
North Korean hackers, including the Lazarus Group and APT38, are believed to be planning to cash out stolen bitcoin worth over $40 million, according to the FBI.
The U.S. Drug Enforcement Administration was scammed out of over $55,000 in confiscated cryptocurrency funds through a classic airdrop phishing scam, where a fraudster created a similar-looking address to dupe the DEA into sending funds to the wrong account.
A hacker group, suspected to be Lazarus with ties to the North Korean government, stole $37.3 million in cryptocurrency from Estonia's CoinsPaid after tricking an engineer with a fake job offer.
Cryptocurrency casino Stake suffered an exploit resulting in a loss of $16 million, with the stolen funds converted to ether and transferred to externally owned wallets, although withdrawals from the targeted wallet have been paused.
Popular crypto betting platform Stake lost around $40 million in unauthorized transactions, with $16 million leaving the platform in Ethereum, Tether, USD Coin, and DAI, and an additional $25 million drained on Binance Smart Chain and Polygon, according to blockchain security experts.
The FBI has warned the public about the recent crypto casino heist conducted by the Lazarus Group, a North Korean hacker group, who stole $41 million from Stake.com, emphasizing the need for improved cybersecurity measures and international collaboration.
Tech scammers are using phony cryptocurrency accounts to dupe victims into investing large sums of money, resulting in billions of dollars in stolen cryptocurrency and financial ruin for many victims.
A federal judge has ordered a teenage hacker to forfeit $5.2 million worth of Bitcoin and a sports car to the US government for allegedly stealing cryptocurrency from Northern California crypto executives.
Hackers targeted Ethereum co-founder Vitalik Buterin's Twitter account, swindling nearly $700,000 from users by posting a fraudulent ConsenSys link that led to a trap. This incident highlights growing concerns about the increase in phishing scams on the platform formerly known as Twitter.
Hackers behind the $41 million hack of cryptocurrency casino Stake have moved an additional $328,000 million worth of Polygon and BNB tokens to the Avalanche blockchain, bringing the total transferred funds to $4.8 million, representing 1.2% of the total stolen amount.
CoinEx, a global cryptocurrency exchange, suffered a hack where large amounts of digital assets were stolen, with preliminary estimates suggesting a loss of around $43 million, possibly linked to the North Korean hacking group Lazarus.
Billionaire investor and Dallas Mavericks owner Mark Cuban confirmed that he was hacked and nearly $900,000 worth of crypto was drained from one of his wallets, but he is unsure of how the hack occurred.
