exploit

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Even with Audit - Team Finance Hit for $14.5 Million Amid Protocol Migration

29 Oct 2022 2 minute read 1 comment kev_nag

“Team Finance, a web3 infrastructure platform enabling businesses to secure tokens, suffered a hack that resulted in the loss of assets worth $14.5 million on Oct. 27, the firm tweeted” [Ghosh, M. Team Finance loses $14.5M to smart contract bug explo...

$260 K in Gas Fees Stolen Using Ethereum Alarm Clock Exploit

20 Oct 2022 1 minute read 1 comment kev_nag

“According to reports, a flaw in the smart contract code for the Ethereum Alarm Clock service has been exploited, resulting in the theft of nearly $260,000 from the protocol thus far” [Sharma, R. $260K gas fees stolen following the Ethereum Alarm Clo...

Solana's Mango Markets Treasury Drained of Over $100 Million of Cryptocurrencies

12 Oct 2022 1 minute read 1 comment kev_nag

“Mango Markets was victim to the latest exploit this week, as crypto cannot seem to escape an absolutely abhorrent Tuesday. Two exploits less than one day apart – and less than a week after the BNB Chain exploit that utilized a bridge to create milli...

Another Exploit in the Books - This Time it's Transit Swap, But Some Already Recovered

2 Oct 2022 1 minute read 2 comments kev_nag

“Transit Swap, a multi-chain decentralized exchange (DEX) aggregator, lost roughly $21 million after a hacker exploited an internal bug on a swap contract” [Sarkar, A. Transit Swap loses over $21M due to code bug exploit, issues apology. (Accessed Oc...

Wintermute Becomes Latest Victim of DeFi Hacks Loses $160 Million

21 Sep 2022 1 minute read 0 comments CryptoJD

The UK-based cryptocurrency market maker Wintermute was the latest victim of DeFi hacks, losing approximately $160 million, according to Evgeny Gaevoy, the company’s founder and CEO. This is a huge loss for the company, and it’s yet another reminder...

Weekend Contract Vulnerability Exploit Confirmed by ETHW Fork

19 Sep 2022 2 minute read 1 comment kev_nag

"ETHPoW is the proof-of work blockchain that was forked from Ethereum that went live shortly after Ethereum’s transition to proof-of-stake (PoS) last week, has fallen victim to a replay exploit that resulted in an extra 200 ETHW tokens being siphoned...

Just In: Binance Users Receive $20 Million Worth of HNT Due to Bug

17 Sep 2022 1 minute read 0 comments CryptoJD

Helium foundation has alerted Binance about a bug that resulted in users erroneously receiving about $20 million worth of HNT. The error occurred when Binance’s system mistook the MOBILE token for the HNT token. This allowed users to send MOBILE bala...

Yup, Yet Another Exploit - This Time it's Avalanche's Nereus Finance as the Victim

8 Sep 2022 3 minute read 0 comments kev_nag

TL;DR: “An Avalanche-based lending protocol Nereus Finance is the latest victim of a smart contract exploit as the hacker walks away with a net $371K worth of USD Coin (USDC)” [Mansata, S. $371K Worth USDC Stolen in Avalanche Smart Contract Exploit....

Another Weekend Exploit - This time $1.08 Million Drained from Audius

25 Jul 2022 1 minute read 4 comments kev_nag

On Sunday, July 24, 2022, “a malicious proposal, Proposal #85, requesting the transfer of 18 million Audius’ in-house AUDIO tokens was approved by community voting. First pointed out on Crypto Twitter by spreekaway, the attacker created the malicious...

OSMOSIS exploit update

9 Jun 2022 1 minute read 0 comments Aldeneer

If you did not know already, OSMOSIS chain was halted and all validators agreed to it, because of the exploit that literally could make you an infinite amount of money. Fix was already made and now we wait for it to apply and for chain to restart and...