SEC Statement on the Hack of Its X Account and the Resulting Fake Bitcoin ETF Approval Announcement
SEC logo (Nikhilesh De/CoinDesk)
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SEC logo (Nikhilesh De/CoinDesk)
The issue apparently resulted from a fault in the interaction between Telcoin’s digital wallet and a proxy contract that incorrectly performed certain storage functions.
Affected user balances will be restored as no private keys were stolen in the exploit, developers said on X.
Bored Ape Yacht Club and Mutant Ape Yacht Club NFTs were returned to their owners after Yuga Labs’ Greg Solano and Boring Security DAO paid a bounty.
Hackers stole almost $484k after inserting malicious code into Ledger’s Connect Kit on GitHub on Thursday. Several decentralized finance (DeFi) protocols have been impacted and users are being warned to avoid using decentralized apps (dApps) until further updates.
The exploit reportedly prompts users to connect their wallets via a pop-up, triggering a token drainer.
Both exchanges lost a combined total of more than $200 million in a series of hacks last month.
Conic Finance was hacked in July draining roughly $3.6 million worth of ether from the protocol.
The North Korean hacker group stole the funds over the last six years, which was likely used to fund the country’s projects, the report said.
Kronos Research was hacked in mid-November via stolen API keys, with the attacker making off with $25 million