About $200 million in crypto assets have been counter-hacked from the entities responsible for the Wormhole bridge exploit, one of the biggest hacks in the industry’s history. According to decentralized finance (DeFi) platform Oasis, which develops wallet software that the hacker deposited into, the firm went ahead with exploiting its own wallet after getting the […]
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According to blockchain security company Certik, the number of cryptocurrency incidents involving exit scams, hacks, and code exploits in Dec. 2022 was the lowest monthly figure of the year. Certik noted that the combined incidents amounted to $62.2 million “lost to exploits, hacks, and scams.” Record Low Cyber Attacks in December 2022 Result in $62.2 […]
On February 2, 2022, the Wormhole Network’s ethereum ↔ solana bridge was exploited for 120,000 WETH (wrapped ethereum) worth $320 million and the following day, the team explained that “all funds have been restored and Wormhole is back up.” The team has also said a “detailed incident report” will be published soon. Wormhole Network Returns, […]
Reports indicate that the Wormhole Network’s ethereum ↔ solana bi-directional bridge has been exploited by an attacker for 93,750 ether or more than $250 million using today’s ethereum exchange rates. The developers behind the Wormhole Network have told the public the network is “down for maintenance,” as the team “looks into a potential exploit.” Wormhole […]