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 FBI has seized $1.7 million worth of cryptocurrencies, including significant amounts of Ether and stablecoins, from March to July of this year, primarily from hardware wallets and Binance accounts.
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 Drug Enforcement Agency (DEA) lost over $55,000 in seized cryptocurrency to a common scam after falling victim to a crypto address spoofing attack. The scammer was able to trick the DEA by airdropping a fake address that resembled the real one used by the United States Marshals Service, resulting in the agency mistakenly sending the funds to the scammer's account. The scammer then converted the funds into ether and moved them to a new wallet, with over $425,000 received since June, and over $300,000 of that amount being moved in the last three weeks. The FBI is leading the investigation into the theft.
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.
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.
Ethereum creator Vitalik Buterin's Twitter account was hacked, resulting in the theft of $691,000 from users who clicked on a malicious link and connected their wallets, raising concerns about Twitter's security and the compensation for victims.
The U.S. Department of Justice is working to recover millions of dollars in Bitcoin stolen by a teenage hacker in a SIM-swapping scheme, including a sports car purchased with the stolen funds.
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).
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.
Hackers stole customer data from the loyalty program of Caesars Entertainment through a social engineering attack, highlighting cyber threats faced by the Las Vegas hospitality and casino industry; meanwhile, MGM Resorts is recovering from its own cyberattack.
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.
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.
An alliance between a notorious ransomware gang and a group of young hackers called Star Fraud is behind recent cyberattacks on Caesars Entertainment and MGM casinos, signaling a concerning trend in the targeting of large companies by financially motivated individuals, according to security experts.
A hacker stole customer information from crypto data firm Nansen by breaching a third-party vendor, exposing the personal information of 6.8% of users, including email addresses, password hashes, and blockchain addresses.
The North Korean hacking collective Lazarus Group holds around $47 million in cryptocurrency, mostly in Bitcoin, according to new data, although this amount has decreased from $86 million in September. The group's wallets do not currently hold any privacy coins, and their recent activity suggests their holdings may be higher than reported.
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.
