Hack

259 Articles 5 Followers


Keep your seed phrase safely vaulted & disguised

6 Dec 2022 2 minute read 0 comments MRyan

I guess I shouldn’t assume you know what a seed phrase is and why you need to vault it. Your seed phrase is a list of 12 to 24 words that is automatically generated by your crypto wallet.  These words don’t make sense, like a sentence in a story.  Th...

Dissecting Web3 Security Practices

28 Oct 2022 1 minute read 0 comments InsideCrypto

Hi everyone, we are back with another episode of our podcast allowing you to get to know people working behind the scenes of the crypto industry. Today we are joined by Andrew Beal , former Blockchain Strategy Lead at EY, currently ecosystem lead at...

Wintermute Survives to do Business Another Day - Repays TrueFi Loan Following Hack

16 Oct 2022 2 minute read 1 comment kev_nag

“When Wintermute, a cryptocurrency market maker, lost $160 million due to a hack, concerns related to the repayment of debt worth $189.4 million surfaced. However, in an exciting turn of events, Wintermute paid back its largest debt due Oct. 15, invo...

Is Russia Testing the Waters in Cyberattacks Against the US

12 Oct 2022 1 minute read 0 comments Matthew Rosenquist

I hope this nonsense does not escalate down this path, but as Russia continues to fail with their attempts to conquer Ukraine, Putin will become more desperate and want to lash-out at Ukraine’s biggest international supporters. Cyberattacks are a gr...

The Thodex Rug Pull Scheme

12 Oct 2022 4 minute read 1 comment MintDice.com

The alleged Thodex rug pull scheme made waves in the world of crypto back when it first happened. This scandal was one of the largest rug pulls in crypto history and led to the arrest of many Thodex officials, including the company’s founder. Are yo...

Painful Lessons from Uber’s Recent Breach

9 Oct 2022 2 minute read 0 comments Matthew Rosenquist

On Sept 15th a curious teenage hacker looking for fun, compromised Uber in a serious way, gaining administrative access to the company’s massive cloud instance, development environments, tools, and even their access management server!  The hacker jo...

Putin's New Tractor and Binance Hack

7 Oct 2022 1 minute read 3 comments Drake Flyer

Crazy day huh? Putin just celebrated his 70th birthday with his companions and on another notice someone hacked Binance. Well, someone had to pay for the Putin's new presents. According to Zhao's post, the thieves made off with almost $100 million wo...

Wintermute Hacked - Loss of $160 Million

22 Sep 2022 3 minute read 1 comment kev_nag

Most crypto investors probably never heard of Wintermute Trading before the Sept. 20 $160 million hack, but that does not reduce their significance within the cryptocurrency ecosystem. The London-based algorithmic trading and crypto lending firm als...

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...

KyberSwap Hacked for $265K - Offers 15% Bounty for Return of Funds (with Update)

3 Sep 2022 5 minute read 2 comments kev_nag

“After the Curve Finance exploit last month, the decentralized exchange (DEX) KyberSwap joins the list of DeFi projects to suffer a front-end exploit. On Friday, the Kyber Network, the liquidity protocol on which KyberSwap is built, confirmed reports...