Crypto Hacks

Highlights: Crypto losses near $1.4B in 2024 with hacks dominating and DeFi and CeFi showing different loss patterns. Q3 crypto losses dropped 38 percent year-over-year, with CeFi being hit hardest by high-value attacks at WazirX and BingX. Ethereum and BNB […]

Highlights: Tapioca DAO loses $4.5 million after hackers exploit its vesting contract causing a 97% drop in TAP token value. Hackers used social engineering to access private keys, compromising 30 million TAP tokens and draining crypto assets. Tapioca DAO secures […]

Highlights: Radiant Capital lost over $50 million in the recent exploit of its liquidity pools on Binance Smart Chain and Arbitrum. The hacker compromised three private keys, gaining control over multiple signers. Protocol’s native token, RDNT, fell 9% following the […]

Highlights: US prosecutors are seeking a 5-year prison term for Ilya Lichtenstein in the Bitfinex hack case. Authorities have identified Bitfinex as the sole victim of the 2016 crypto heist. Sentencing for Lichtenstein and Heather Morgan is set for November […]

Highlights: Revolut blocked up to $13.5 million in potentially fraudulent crypto transfers over the past three months. The anti-fraud system alerts users to suspicious transactions in real-time. The company saved customers over $590 million from fraud in 2023. On October […]

Highlights: The U.S. Justice Department filed legal complaints to seize $2.7 million from Lazarus Group hacks. This amount includes Tether stablecoins and Avalanche-bridged Bitcoin, which were frozen during North Korean hackers’ attempts to launder the funds. The group is linked […]

Highlights: LEGO Group removed a fraudulent ‘LEGO Coin’ scam that briefly appeared on its website. The scam promised ‘secret rewards’ and redirected users to buy tokens with Ethereum. LEGO confirmed that hackers did not compromise any user accounts. Toy manufacturer […]

Highlights: September cyberattacks led to a cumulative loss of $120.23 million across over 20 incidents. BingX and Indodax contributed to over half of the total losses, with $44 million and $21 million, respectively. Q3 2024 saw over $400 million lost […]

Highlights: Polygon’s Discord was hacked, leading to warnings about malicious links. ValidatorK lost $150,000 in Ether after clicking a fake announcement. Polygon’s MATIC token remains strong despite the breach with the upcoming POL upgrade. Blockchain platform Polygon reported that its […]

Crypto thefts and ransomware payments surged in 2024 despite the low number of illicit transactions recorded this year. Data from a blockchain research firm suggests that funds stolen so far in 2024 are 84% higher than the previous year’s figure. […]

As a result of rising cyber crimes, crypto hackers robbed $266 million in crypto assets in July alone from 16 different cyber attacks across decentralized and centralized crypto platforms. Notably, this number represents a 51% surge compared to the previous […]