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Hackers

Crypto News
April 18, 2021

Smart contract exploits are more ethical than hacking... or not?

There has been a lot of talk about the recent “hacks” in the decentralized finance realm, particularly in the cases of Harvest FInance and Pickle Finance. That talk is more than necessary, considering hackers stole…

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Crypto News
April 6, 2021

FORCE token sees volatile 24 hours following coordinated attack on ForceDAO

Hackers made off with 183 Ethereum (ETH), worth roughly $386,000 at the time of writing, following a coordinated attack on DeFi platform ForceDAO Sunday. Following an initial selloff, ForceDAO’s native FORCE token was in recovery…

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Crypto News
March 9, 2021

Furucombo to issue iouCOMBO tokens to repay victims of $15M exploit

Decentralized finance transaction combination tool Furucombo will compensate the victims of a recent “evil contract” exploit that cost the protocol $15 million in stolen funds. Following an internal call with affected users last week, Furucombo…

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Crypto News
March 1, 2021

Tether hit with 500 Bitcoin ransom demand — but says it won't pay

Hackers have threatened to release sensitive company documents supposedly belonging to USDT stablecoin issuer Tether unless the firm sends a 500 Bitcoin (BTC) ransom to a specified address. As revealed by the official Twitter account…

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Crypto News
February 17, 2021

US charges three North Korean hackers over crypto attacks and WannaCry ransomware

On Wednesday, the United States Department of Justice announced charges against three North Korean hacker.  Making the announcement, Assistant Attorney General John Demers condemned the North Korean program, the most famous branch of which is…

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Crypto News
February 17, 2021

Crypto criminals got away with $5B less in 2020 as scam revenue falls

Revenue from crypto-related crime dropped by more than half in 2020 according to Chainalysis’ annual report on the subject. Cybercriminals netted around $5 billion less than the $10 billion plus they got away with in…

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Crypto News
February 16, 2021

EXMO crypto exchange suffers second attack in two months

London-based cryptocurrency exchange EXMO suffered a distributed denial-of-service attack earlier today, causing the platform’s servers to become unavailable. In a tweet earlier today, EXMO reported that hackers had targeted the exchange with $75 million in…

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Crypto News
February 5, 2021

Whitehat hacker receives $1.5M bug bounty after patch pumps token price

A whitehat hacker has seen what was already one of the largest smart contract-related bug bounties ever awarded more than double, after the ARMOR token price pumped following the announcement of his reward. On Feb….

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Crypto News
January 25, 2021

Breach at Indian exchange BuyUCoin allegedly exposes 325K users’ personal data

Users of Indian crypto exchange BuyUCoin have reportedly been affected by a breach compromising personal data of more than 325,000 people. According to a report from Indian news outlet Inc42, a hacking group by the…

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Crypto News
January 24, 2021

The impact of Bitcoin hacking incidents in the crypto market

In the 2013–2017 period, 29 hacks occurred in the Bitcoin market where a total of 1.1 million Bitcoin were stolen. Noting that the average price for Bitcoin (BTC) in December 2020 exceeded $20,000, the corresponding…

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