Poloniex Hot Wallets Hacked With $114M Seemingly Stolen: On-Chain Data
Cryptocurrency exchange Poloniex has had its hot wallets drained by hackers with an estimated loss of around $60 million.
Hacks
Lessons of a $37M Attack: How a Ukrainian Payment Processor Was Hacked
CoinsPaid, a crypto payment processing company with Ukrainian roots, fell a victim to a social engineering attack, thought to have emanated from Lazarus, a North Korean hacking group.
DeFi Definitely Isn’t Dead
There are no fallen angels in DeFi, just protocols built to follow rules and humans who break them. (Veit Hammer/Unsplash, modified by CoinDesk)
This Is How Scammers Can Drain Your Crypto Wallet
Scammers use a variety of techniques to steal users’ money, some of which only require knowing your wallet address, a Forta Network researcher said.
Bridge Exploits Cost $2B in 2022, Here’s How They Could Have Been Averted
The bridges that are essential to our multi-chain cryptoverse are vulnerable to hacks. But an analysis of some of the biggest exploits of the past year reveals that applying multiple security measures in combination could have blocked the attacks, writes Gnosis co-founder Martin Koppelmann.
Crypto Investors Lost $54M to Rugpulls, Scams in May: Blockchain Security Firm De.Fi
May saw fewer exploits than April, suggesting better security practices among crypto users and developers.
Euler DeFi Protocol Exploited for Nearly $185M
The losses occurred over four transactions in dai (DAI), wrapped bitcoin (WBTC), staked ether (sETH) and USDC.