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.
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.
Coinbase's layer-2 solution, Base, experienced four security incidents shortly after its launch, resulting in the loss of $15.8 million in cryptocurrencies in August.
An alleged hacker made suspicious withdrawals totaling $16 million from the crypto gambling site Stake.com, raising concerns about stolen funds and the security of crypto gambling platforms.
Hackers stole over $691,000 from Ethereum founder Vitalik Buterin's followers by posting a malicious phishing link that provided access to their wallets, with the majority of the stolen value being non-fungible tokens (NFTs).
A CoinEx hot wallet lost $27.8 million in various tokens in a suspected cyberattack when large amounts of tokens were transferred to an account with no previous history.
Coinbase has reportedly earned a $1 million profit from the $73 million Curve exploit in July, but has refused to refund victims, highlighting the tension between the decentralized nature of blockchain finance and the lack of recourse for crypto theft.
Billionaire Mark Cuban lost around $870,000 in a crypto wallet hack, prompting Binance CEO Changpeng Zhao to urge the community to prioritize crypto security. Cuban managed to prevent further losses by moving his remaining assets to Coinbase before the attacker could seize them.
Hong Kong-based cryptocurrency exchange CoinEx has confirmed that compromised private keys allowed hackers to steal over $70 million worth of tokens, and is working on rebuilding its wallet system to restore functionality and compensate affected users.
A cryptocurrency holder has lost $4.46 million in a phishing scam after funds were withdrawn from a Kraken exchange wallet and sent to a scammer's address, with scammers stealing around $337.1 million in total through similar attacks.
Huobi Global's HTX crypto exchange has been hacked, resulting in the loss of $7.9 million, but the exchange claims to have identified the attacker and is offering them a "white-hat bonus" if they return the remaining funds.
The third quarter of 2023 saw over $700 million in digital assets lost to security incidents, with private key compromises being the most damaging, resulting in over $204 million lost in 14 incidents.
Blockchain analytics investigators have identified an individual selling stolen cryptocurrency tokens from recent high-profile exchange hacks at discounted prices, with investigations pointing to a location in the European time zone.
A new report reveals that over $1 billion was lost in crypto this year, with $600 million lost in the last quarter due to an increase in successful hacks and specific events, highlighting a significant power law distribution in terms of the level of impact and loss.
Summary: A hacker attacked Galxe, a web3 platform, and reportedly stole around $200,000, causing the project's website to go down temporarily.
Hackers stole millions of dollars of cryptocurrency from FTX after the company declared bankruptcy, with FTX employees scrambling to protect assets, including holding $500 million on a USB drive.
A thief who stole over $470m in cryptocurrency from FTX is attempting to cash out $20m daily, while the exchange's founder is on trial for fraud and money laundering.
