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Hacks

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 21, 2021

Default auditing for DeFi projects is a must for growing the industry

The radical opportunity presented by decentralized finance has garnered significant attention from investors and speculators alike. The total value locked in DeFi protocols grew over 2,500% in 2020, from around $700 million in January 2020…

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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
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
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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Crypto News
January 21, 2021

Japanese police are investigating 30 people allegedly involved in the 2018 Coincheck hack

Authorities in Japan are reportedly targeting individuals for their alleged involvement in the January 2018 hack of the Coincheck crypto exchange. According to a Jan. 22 report from Japanese news outlet Nikkei Asia, police have arrested or…

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Crypto News
January 19, 2021

Cybersecurity firm uses encrypted hard drive with Bitcoin to test applicants

Researchers wishing to apply to New York-based Red Balloon Security have to complete an unusual technical interview as part of their application process: unlocking a hard drive containing crypto. According to a report from Business…

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Crypto News
January 18, 2021

After alleged hack, Russian crypto exchange Livecoin shuts down

Russian cryptocurrency exchange Livecoin has announced it is shutting down after abruptly halting operations in late December 2020. According to Livecoin’s main page, the exchange is unable to continue operations due to financial and technical…

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Crypto News
January 15, 2021

Ledger owners report chilling threats after 20K more records leaked

Ledger users are receiving threatening emails in the wake of the hardware wallet manufacturer reporting that 20,000 more of its customers have been affected by another massive data breach. One or more extortionists using the…

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