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Coinbase-backed Truflation confirms hack, estimated around $5M

Truflation’s team said that no customer funds were stolen in the security breach.

Blockchain-based inflation data platform Truflation confirmed it suffered a malware attack, with blockchain analysts estimating it lost up to $5.2 million.

“The Truflation team detected some abnormal activity. An attacker launched an attack using malware,” the project said in a Sept. 25 X post.

Truflation added it was monitoring the incident and is taking measures to protect funds while working with “leading industry partners” and law enforcement. 

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Bitwise files Form S-1 for spot Solana ETF with SEC

Singapore-Based Crypto Exchange BingX Suffers $52,000,000 Hack: Blockchain Security Firm

Singapore-Based Crypto Exchange BingX Suffers ,000,000 Hack: Blockchain Security Firm

New data from prominent blockchain security firm Cyvers reveals that a Singapore-based crypto exchange lost $52 million after being hacked. In a new post, Cyvers says that BingX’s hot wallet suffered a multimillion-dollar exploit affecting multiple blockchains, including Ethereum (ETH), Avalanche (AVAX), BNB, Optimism (OP), and Polygon (POL), Base, and Arbitrum (ARB). “Our system has […]

The post Singapore-Based Crypto Exchange BingX Suffers $52,000,000 Hack: Blockchain Security Firm appeared first on The Daily Hodl.

Bitwise files Form S-1 for spot Solana ETF with SEC

DeFi platform Delta Prime suffers $6M breach

The ongoing hack has already netted the attackers over $6 million worth of stablecoins, which have been swapped to ETH by the attacker.

Delta Prime was hacked for at least $6 million worth of digital currency, in the latest crypto-related cybersecurity incident.

The decentralized finance (DeFi) platform first suffered a loss of approximately $4.5 million, onchain security platform Cyvers, who wrote in a Sept. 16 X post:

Delta Prime hack. Source: Cyvers

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Bitwise files Form S-1 for spot Solana ETF with SEC

Crypto Exchange Hacked After 150 Suspicious Transactions Drain Over $22,000,000 From Reserves: SlowMist

Crypto Exchange Hacked After 150 Suspicious Transactions Drain Over ,000,000 From Reserves: SlowMist

Blockchain security firm SlowMist is reporting that an Indonesian crypto exchange was hacked for over $22 million in digital assets. SlowMist says that crypto exchange Indodax saw its hot wallets exploited across multiple blockchains, including Bitcoin (BTC), TRON (TRX), Ethereum (ETH), and ETH layer-2s Polygon (POL) and Optimism (OP). The firm’s data says that the […]

The post Crypto Exchange Hacked After 150 Suspicious Transactions Drain Over $22,000,000 From Reserves: SlowMist appeared first on The Daily Hodl.

Bitwise files Form S-1 for spot Solana ETF with SEC

Bitcoin ETFs are next major target for North Korean hackers — Cyvers

North Korean hackers could be eying the infrastructure around Bitcoin ETFs, lured by the $52 billion worth of cumulative holdings.

North Korean hackers, including the infamous Lazarus Group, may begin targeting larger objectives, including United States-based Bitcoin (BTC) exchange-traded funds (ETFs).

The Lazarus Group is associated with some of the most notorious hacks in the cryptocurrency space, including the biggest hack in decentralized finance, the $625 million Ronin bridge hack.

Hackers could start shifting their attention to the US Bitcoin ETFs due to the sizable potential bounty, according to Michael Pearl, vice president of GTM strategy at onchain security company Cyvers.

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Bitwise files Form S-1 for spot Solana ETF with SEC

Onchain Alerts Uncover $19 Million Siphoned From Defi Protocol Uwu Lend

Onchain Alerts Uncover  Million Siphoned From Defi Protocol Uwu LendOn June 10, the onchain intelligence platform Arkham revealed that the decentralized finance (defi) protocol Uwu Lend may have experienced a potential exploit. Arkham and Cyvers reported that more than $19 million had been siphoned from the lending protocol. Over $19M Drained From Uwu Lend The defi lending platform Uwu Lend is believed to have […]

Bitwise files Form S-1 for spot Solana ETF with SEC

DeFi Platform Hacked for at Least $1,900,000 and Possibly More on Ethereum and Arbitrum Blockchains

DeFi Platform Hacked for at Least ,900,000 and Possibly More on Ethereum and Arbitrum Blockchains

A decentralized finance (DeFI) protocol has been hacked to the tune of millions of dollars over the Ethereum (ETH) and Arbitrum (ARB) blockchains. In a new announcement, cybersecurity firm Cyvers says that DeFi platform Hedgey Finance has been breached by bad actors who took at least $1.9 million worth of funds that were converted to […]

The post DeFi Platform Hacked for at Least $1,900,000 and Possibly More on Ethereum and Arbitrum Blockchains appeared first on The Daily Hodl.

Bitwise files Form S-1 for spot Solana ETF with SEC

Prisma Finance Suffers $11.6M Hack in Liquid Staking Shockwave, Moves to Mitigate Fallout

Prisma Finance Suffers .6M Hack in Liquid Staking Shockwave, Moves to Mitigate FalloutThe decentralized finance (defi) entity, Prisma Finance, has fallen prey to a security breach, with onchain detectives revealing that $11.6 million has been pilfered from its liquid staking protocol. Prisma Finance in Turmoil: $11.6M Lost to Hackers, Emergency Measures Activated On a recent Thursday, blockchain surveillance and safety squads from Peckshield and Cyvers reported the […]

Bitwise files Form S-1 for spot Solana ETF with SEC

How the Ledger Connect hacker tricked users into making malicious approvals

According to Cyvers, the attacker caused malicious code to be inserted into multiple app user interfaces, allowing the exploiter to fool users into confirming transactions.

The ‘Ledger hacker’ who siphoned away at least $484,000 from multiple Web3 apps on Dec. 14 did so by tricking Web3 users into making malicious token approvals, according to the team behind blockchain security platform Cyvers.

According to public statements made by multiple parties involved, the hack occurred on the morning of Dec. 14. The attacker used a phishing exploit to compromise the computer of a former Ledger employee, gaining access to the employee’s node package manager javascript (NPMJS) account.

When a developer first writes their app, they usually install a connect kit through Node Package Manager (NPM). After creating a build and uploading it to their site, their app will contain the connect kit as part of its code, which will then be downloaded into the user’s browser whenever the user visits the site.

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Bitwise files Form S-1 for spot Solana ETF with SEC

Over $100,000,000 in Ethereum, Shiba Inu, Chainlink and Other Crypto Assets Drained From Justin Sun-Linked Firms

Over 0,000,000 in Ethereum, Shiba Inu, Chainlink and Other Crypto Assets Drained From Justin Sun-Linked Firms

New data reveals that hundreds of millions of dollars worth of altcoins have been drained from firms linked to Tron (TRX) founder Justin Sun. According to data from blockchain tracker Lookonchain, during the past 20 days, five major hacks have occurred, totaling $290 million worth of stolen funds. Two of the protocols hit – crypto […]

The post Over $100,000,000 in Ethereum, Shiba Inu, Chainlink and Other Crypto Assets Drained From Justin Sun-Linked Firms appeared first on The Daily Hodl.

Bitwise files Form S-1 for spot Solana ETF with SEC