Decentralized Web3 Project Onyx Hacked for $3,800,000 Worth of Crypto: PeckShield

September 27, 2024 The Daily Hodl

Decentralized Web3 Project Onyx Hacked for ,800,000 Worth of Crypto: PeckShield

Daily Hodl

Decentralized liquidity protocol Onyx has suffered a security breach that siphoned millions worth of crypto assets from the platform. Blockchain security firm PeckShield says the perpetrators made off with over $3.8 million in crypto assets, which include 7.35 million of the protocol’s utility token Onyxcoin (XCN), 50,000 Tether (USDT), 4.1 million Virtual USD (VUSD), 5,000 DAI and […]

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

September 21, 2024 The Daily Hodl

BingX

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 […]

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WazirX Hacker Continues To Launder Stolen Ethereum (ETH) Through Crypto Mixer Tornado Cash: PeckShield

September 6, 2024 The Daily Hodl

Daily Hodl

The hacker who plundered more than $230 million worth of crypto assets from the Indian exchange WazirX in July continues to launder their stolen Ethereum (ETH), according to the blockchain security firm PeckShield. PeckShield notes an address associated with the hacker transferred 5,000 ETH worth approximately $12 million to a new wallet on Thursday. That […]

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Crypto Exchange Hacker Moves $6,500,000 in Ethereum (ETH) to Digital Asset Mixer Tornado Cash: PeckShield

September 4, 2024 The Daily Hodl

Crypto Exchange Hacker Moves ,500,000 in Ethereum (ETH) to Digital Asset Mixer Tornado Cash: PeckShield

Daily Hodl

An address connected to the hack of Indian crypto exchange WazirX is suddenly moving millions of dollars in Ethereum (ETH), according to the cybersecurity firm PeckShield. PeckShield says that the hacker transferred the ETH stash to Tornado Cash, a coin-mixing service that facilitates anonymous digital asset transactions. “WazirX Exploiter-labeled address has transferred 2600.1 ETH (worth […]

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Crypto losses to hacks exceed $313M in August

September 1, 2024 Coin Telegraph

Crypto losses to hacks exceed 3M in August

Bitcoin

The two largest phishing attacks together made up 93.5% of the total stolen funds, amounting to $293.4 million.

Cryptocurrency hackers stole $313.86 million in digital assets in more than 10 cyberattacks in August, raising doubts about the broader acceptance of the asset class.

According to blockchain security firm PeckShield, phishing attacks alone accounted for 93.5% of all stolen crypto funds, resulting in a loss of $293.4 million.

Out of the top five hacks in August, two phishing attacks drained $238 million of Bitcoin (BTC) and $55.4 million worth of Dai (DAI).

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Lifi Finance Hit by $8 Million Exploit, Warns Users to Avoid Applications

July 16, 2024 Bitcoin.com

Lifi Finance Hit by Million Exploit, Warns Users to Avoid Applications

bitcoin.com

According to reports, the decentralized finance (defi) protocol Lifi Finance experienced an $8 million loss due to an exploit. Lifi confirmed the breach on X and advised users to avoid interacting with Lifi-powered applications. Lifi Finance Loses $8 Million to Exploit On Tuesday, the onchain security firm Peckshield revealed that Lifi Finance had been compromised, […]

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Stolen Poloniex Ether worth $53M never made it back to the exchange

May 14, 2024 Coin Telegraph

Stolen Poloniex Ether worth M never made it back to the exchange

Blockchain

The Poloniex hacker moved over 17,800 Ether (ETH) from six different wallets into a single Tornado Cash address.

Over half of the $100 million worth of Ether (ETH) linked to the infamous Poloniex hack from November 2023 has been siphoned via the privacy protocol Tornado Cash.

On Nov. 10, 2023, wallets belonging to crypto exchange Poloniex recorded massive unauthorized outflows. Investigations later confirmed that over $100 million worth of ETH was lost to a hack.

Despite Poloniex claiming to have identified the hacker weeks later and offering a $10 million bounty, the stolen funds never made it back to the exchange. According to the blockchain security firm CertiK, the incident was likely a “private key compromise.”

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Kronos Research hacker shifts funds to Tornado Cash

May 7, 2024 Coin Telegraph

Coin Telegraph

Kronos Research was exploited for $25 million in November 2023, with one of the six wallets linked to the hacker moving funds to Tornado Cash on May 7.

The hacker behind the $25 million exploit of quantitative trading firm Kronos Research in mid-November 2023 started moving funds nearly six months after the exploit.

The hacker wallet first transferred 1,314 Ether (ETH) worth $4 million to a new address, starting with 0x8F5e4 and later transferred all the ETH to another address starting with 0x164A24b.

The hacker made 10 transactions of 100 ETH from the final wallet and transferred it to Tornado Cash, a crypto-mixing tool.

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Hackers Loot Ethereum-Based DeFi Protocol Prisma Finance for $11,600,000 Worth of Crypto: PeckShield

March 29, 2024 The Daily Hodl

Hackers Loot Ethereum-Based DeFi Protocol Prisma Finance for ,600,000 Worth of Crypto: PeckShield

Daily Hodl

Bad actors have exploited decentralized finance (DeFi) protocol Prisma Finance and stole 3,257.69 Ethereum (ETH) worth $11.6 million, according to PeckShield. The blockchain security and analytics firm flagged the suspicious activity after the hacker initially siphoned $8.1 million worth of funds from the platform. The attacker eventually distributed the stolen assets to three wallets. The […]

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

March 28, 2024 Bitcoin.com

Prisma Finance Suffers .6M Hack in Liquid Staking Shockwave, Moves to Mitigate Fallout

bitcoin.com

The 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 […]

Peckshield

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