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

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

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 […]

The post Hackers Loot Ethereum-Based DeFi Protocol Prisma Finance for $11,600,000 Worth of Crypto: PeckShield appeared first on The Daily Hodl.

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Indonesia's presidential election results may yield continued pro-crypto policy

Indonesia’s presidential election results may yield continued pro-crypto policy

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

Bitcoin.com
Prisma Finance Suffers .6M Hack in Liquid Staking Shockwave, Moves to Mitigate Fallout
bitcoin.com
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 […]
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Indonesia's presidential election results may yield continued pro-crypto policy

Indonesia’s presidential election results may yield continued pro-crypto policy

Heco Bridge Exploiters Funnel $145,700,000 Worth of Ethereum Into the Crypto Mixer Tornado Cash: PeckShield

The Daily Hodl
Heco Bridge Exploiters Funnel 5,700,000 Worth of Ethereum Into the Crypto Mixer Tornado Cash: PeckShield
Daily Hodl
Heco Bridge Exploiters Funnel 5,700,000 Worth of Ethereum Into the Crypto Mixer Tornado Cash: PeckShield

The hackers who struck Heco Bridge, a project linked to Tron (TRX) founder Justin Sun, have been funneling their stolen Ethereum (ETH) into the sanctioned crypto mixer Tornado Cash (TORN). The blockchain security firm PeckShield notes the exploiters sent 40,391.8 ETH worth approximately $145.7 million to Tornado Cash in the past eight days. In November, […]

The post Heco Bridge Exploiters Funnel $145,700,000 Worth of Ethereum Into the Crypto Mixer Tornado Cash: PeckShield appeared first on The Daily Hodl.

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Indonesia's presidential election results may yield continued pro-crypto policy

Indonesia’s presidential election results may yield continued pro-crypto policy

Peckshield: Cryptocurrency Hackers Stole Over $360 Million in February

Bitcoin.com
Peckshield: Cryptocurrency Hackers Stole Over 0 Million in February
attack
Peckshield: Cryptocurrency Hackers Stole Over 0 Million in FebruaryCryptocurrency hackers stole over $360 million during February, almost doubling the amount stolen in January. According to Peckshield, a cryptocurrency and blockchain security firm, the largest hack event in February involved a security breach in Playdapp, a Web3 gaming platform, that lost $290 million four days after being attacked. Fixedfloat, a cryptocurrency exchange, also lost […]
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Indonesia's presidential election results may yield continued pro-crypto policy

Indonesia’s presidential election results may yield continued pro-crypto policy

Cryptocurrency Exchange Fixedfloat Hacked, Close to $26 Million Lost in BTC and ETH

Bitcoin.com
Cryptocurrency Exchange Fixedfloat Hacked, Close to Million Lost in BTC and ETH
Bitcoin (BTC)
Cryptocurrency Exchange Fixedfloat Hacked, Close to Million Lost in BTC and ETHFixedfloat, an automatic cryptocurrency exchange, has been hacked by an unknown attacker who siphoned almost $26 million worth of BTC and ETH. The exchange, which has already acknowledged the attack, is investigating the event and working to eliminate all possible vulnerabilities. Meanwhile, Fixedfloat’s platform remains closed until further notice. Fixedfloat Loses $26 Million in ETH […]
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Indonesia's presidential election results may yield continued pro-crypto policy

Indonesia’s presidential election results may yield continued pro-crypto policy

Over $2,700,000 in Ethereum and Other Crypto Assets Stolen From OKX Decentralized Exchange in Hack: PeckShield

The Daily Hodl
Over ,700,000 in Ethereum and Other Crypto Assets Stolen From OKX Decentralized Exchange in Hack: PeckShield
Cybersecurity
Over ,700,000 in Ethereum and Other Crypto Assets Stolen From OKX Decentralized Exchange in Hack: PeckShield

The decentralized exchange (DEX) OKX has suffered a security breach as a result of a compromised private key, according to cybersecurity firms. In a post on social media platform X, blockchain security company PeckShield says the exploit enabled the hackers to get away with $2.76 million worth of Ethereum (ETH), Tether (USDT) and USDC. “PeckShieldAlert […]

The post Over $2,700,000 in Ethereum and Other Crypto Assets Stolen From OKX Decentralized Exchange in Hack: PeckShield appeared first on The Daily Hodl.

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Indonesia's presidential election results may yield continued pro-crypto policy

Indonesia’s presidential election results may yield continued pro-crypto policy

Telegram Trading Bot Unibot Suffers $640,000 Exploit Against Token Approval Contract: Peckshield

The Daily Hodl
Telegram Trading Bot Unibot Suffers 0,000 Exploit Against Token Approval Contract: Peckshield
Altcoins
Telegram Trading Bot Unibot Suffers 0,000 Exploit Against Token Approval Contract: Peckshield

A Telegram trading bot crypto project that was launched earlier this year has been exploited for more than $600,000. According to the team behind the Unibot (UNIBOT) crypto project, the nature of the hack was a token approval exploit. “We experienced a token approval exploit from our new router and have paused our router to contain […]

The post Telegram Trading Bot Unibot Suffers $640,000 Exploit Against Token Approval Contract: Peckshield appeared first on The Daily Hodl.

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Indonesia's presidential election results may yield continued pro-crypto policy

Indonesia’s presidential election results may yield continued pro-crypto policy

Phishing victim sends eye-watering $4.5M in USDT to scammer

Coin Telegraph
Phishing victim sends eye-watering .5M in USDT to scammer
Coin Telegraph

On-chain data shows the $4.5 million was first transferred from the Kraken crypto exchange, before eventually arriving at an address purportedly owned by a scammer.

An unwitting cryptocurrency holder has reportedly fallen victim to an eye-watering $4.46 million phishing scam.

According to data from Etherscan, $4.46 million in Tether (USDT) was withdrawn from a Kraken crypto exchange wallet and eventually sent to an address ending “ACa7.”

Blockchain security firm PeckShield, has labeled the address as being owned by a phishing scammer.

Another blockchain scam platform, Scam Sniffer, suggested on Sept. 20 that the funds were sent to an address linked to a “fake Coinone crypto mining exchange."

Scam Sniffer linked to a user-created Dune Analytics dashboard, suggesting attacks of this nature have seen scammers steal approximately $337.1 million USDT in total, impacting as many as 21,953 individuals.

@tayvano’s Dune Analytics dashboard on USDT Approval Scams. Source: Dune Analytics.

Related: Crypto whale loses $24M in staked Ethereum to phishing attack

The Global Anti-Scam organization says this type of approval mining scam usually tricks victims into authorizing unlimited withdrawals from their cryptocurrency wallet.

“When you create a self-custody crypto wallet [...] you obtain a "private key" that is safeguarded through encryption. However, the fraudsters do not need your seed phrase,” GASO said, explaining on its website that when a victim clicks to partake in the fake mining pool, they’re clicking on a button that will request a $10 to $50 network fee in Ether (ETH).

While it seems reasonable, GASO suggests it is part of to trick the user:

“This is merely a front to obtain your digitally signed authorization, allowing unlimited access to your wallet via the USDT smart contract.”

Magazine: Asia Express: Thailand’s national airdrop, Delio users screwed, Vietnam top crypto country

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Indonesia's presidential election results may yield continued pro-crypto policy

Indonesia’s presidential election results may yield continued pro-crypto policy

Phisher Who Stole $24,200,000 Worth of Crypto From Whale Moves Funds to Tornado Cash: PeckShield

The Daily Hodl
Phisher Who Stole ,200,000 Worth of Crypto From Whale Moves Funds to Tornado Cash: PeckShield
Altcoins
Phisher Who Stole ,200,000 Worth of Crypto From Whale Moves Funds to Tornado Cash: PeckShield

A crypto security firm says that a phisher who stole $24.2 million worth of staked Ethereum (ETH) is actively moving their stolen assets onto the crypto mixer Tornado Cash. The blockchain security platform PeckShield says the stolen trove of crypto consisted of Lido Staked Ether (stETH) and Rocket Pool ETH (rETH), both liquid staking tokens. […]

The post Phisher Who Stole $24,200,000 Worth of Crypto From Whale Moves Funds to Tornado Cash: PeckShield appeared first on The Daily Hodl.

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Indonesia's presidential election results may yield continued pro-crypto policy

Indonesia’s presidential election results may yield continued pro-crypto policy

Crypto casino Stake reopens withdrawals just 5 hours after $41M hack

Coin Telegraph
Crypto casino Stake reopens withdrawals just 5 hours after M hack
Beosin

The online crypto casino reported unauthorized transactions from its hot wallets on Sept. 4 with blockchain security firms estimating at least $41 million pilfered from hackers.

Crypto betting platform Stake has reopened deposits and withdrawals and resumed services for users only five hours after the platform was hacked to the tune of $41.3 million, blockchain security firms estimate.

Stake confirmed that all services resumed at 9:28pm UTC time on Sept. 4 — a few hours after the platform confirmed that several unauthorized transactions were made on Stake’s ETH/ BTC hot wallets:

The betting site said its Bitcoin (BTC), Litecoin (LTC), and XRP wallets were not impacted but hasn’t yet shared the cause of the exploit or how much was stolen. Stake however confirmed that user funds remain safe.

Recent analysis by blockchain security firm Beosin calculated the total loss to be $41.35 million, which included $15.7 million on Ethereum (ETH), $7.8 million on Polygon (MATIC) and another $17.8 million from the Binance Smart Chain.

An earlier estimate of $15.7 million by fellow blockchain security firm PeckShield didn’t account for the $25.6 million allegedly lost on BSC and Polygon, according to on-chain analyst ZachXBT.

Related: Atomic Wallet faces lawsuit over $100M crypto hack losses: Report

The first transaction occurred at 12:48 pm UTC, transferring approximately $3.9 million worth of stablecoin Tether (USDT) from Stake to the attacker’s account. The next two transactions removed over 6,000 Ether, worth approximately $9.8 million at the current prices.

The attacker continued to remove tokens over the next few minutes, including about $1 million in USD Coin (USDC), $900,000 worth of Dai (DAI) and 333 Stake Classic (STAKE) ($75) which is understood to have made up the first $15.7 million on Ethereum.

Magazine: How smart people invest in dumb memecoins — 3-point plan for success

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Indonesia's presidential election results may yield continued pro-crypto policy

Indonesia’s presidential election results may yield continued pro-crypto policy

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