Cointime

Download App
iOS & Android

hacker

ALL From hacker

OKX DEX is suspected to have been hacked and the proxy address has been removed

On December 13th, according to Twitter user @eno_eth, community member @axe_ping claimed that wallet funds were stolen and a large amount of funds were transferred to a hacker address starting with 0x1f14. All stolen wallets were authorized by OKX DEX, and 1 hour ago OKX removed the proxy address that was attacked by the hacker. Currently, SlowMist team is tracking and analyzing the situation.

Crypto hacking losses estimated at $1.7 billion so far this year

Blockchain analysis company TRM Labs estimates that cryptocurrency hacks have caused losses of up to $1.7 billion so far this year. With improved security measures and increased law enforcement efforts this year, losses from cryptocurrency hacks have decreased significantly from last year's $4 billion. TRM Labs stated that the top ten hacker attacks this year accounted for 70% of the total thefts.

47 security breaches recorded in November, with total estimated losses of $349 million

According to the November security report released by SlowMist, a large number of security vulnerabilities appeared in the blockchain field in November 2023. A total of 47 different events were recorded, causing an estimated huge loss of about 349 million US dollars. In November, the losses caused by only the Poloniex and Heco Bridge events reached 243 million US dollars, accounting for 69% of the total losses in November's security events. There were 24 Rug Pull events, accounting for 51% of the total number of security events. Users should fully understand the project background and team before participating and choose investments carefully. Two events involving liquidity attacks caused the project operators a loss of about 54.99 million US dollars.

Phalcon: Suspicious transactions for unknown BSC projects detected, resulting in over $500,000 in losses

Phalcon posted on X platform that the system detected suspicious transactions targeting unknown projects on BSC, resulting in losses of over $500,000. Due to unverified contracts, it is suspected that this may be due to potential flaws in the reward calculation logic. Contract 0x431abb seems to distribute FCN token rewards to users, which are calculated based on the reserve amount of the FCN-BSC-USD currency pair. The attacker first pledged some tokens, then borrowed BSC-USD from this currency pair, and finally received the reward in the flash loan callback. Due to the decrease in the amount of BSC-USD in this currency pair, 0x431abb miscalculated the reward, resulting in the distribution of too many FCN tokens to the attacker.
Phalcon: Suspicious transactions for unknown BSC projects detected, resulting in over $500,000 in losses

Lazarus Group, North Korea-Linked Hackers, Steal $3 Billion in Cryptocurrency Over Six Years

According to a report by cybersecurity firm Recorded Future, the Lazarus Group, a North Korea-linked hacker organization, has stolen $3 billion in cryptocurrency over the past six years. The report also reveals that in 2022 alone, the group stole $1.7 billion in cryptocurrency, likely to fund North Korean projects. Out of this total, $1.1 billion was stolen from decentralized finance (DeFi) platforms, according to blockchain data analysis firm Chainalysis. The U.S. Treasury Department has introduced new sanctions against North Korea's cyber activities, adding 'Sinbad' to the Office of Foreign Assets Control's specially designated sanctions list, who has been implicated in laundering the cryptocurrencies stolen by the Lazarus Group.

DefiLlama: November hacker losses totaled nearly $330 million, the highest of the year

According to the statistical chart released by DefiLlama on X platform, in the past 10 days, hacker attacks have caused nearly $200 million in losses, making the total losses in November reach $329.8 million, making it the month with the most severe impact in 2023.
DefiLlama: November hacker losses totaled nearly $330 million, the highest of the year

HTX suffers $13.6M loss in HECO Chain bridge exploit, promises full compensation

HTX, previously known as Huobi Global, has reportedly suffered a loss of $13.6 million due to an exploit on the HECO Chain bridge. The loss is said to have resulted from three compromised hot wallets, with users and exchange assets swapped for Ether and distributed to various Ethereum addresses. The attack drained 1,240 Ether, 7.3 million Tether, 1.78 million USD Coin, and 62,200 Chainlink, among other coins and tokens. HTX's de-facto owner, Justin Sun, has stated that the exchange will fully compensate for the losses, and deposits and withdrawals have been temporarily suspended.

Exactly Protocol distributes 1 million EXA tokens to 117 users affected by hack

Exactly Protocol has announced the implementation of a hacker attack compensation plan aimed at addressing financial losses caused by a security vulnerability on August 18, 2023. The project will allocate 1 million EXA tokens to 117 affected users. This allocation represents 10% of the total supply of EXA tokens and 20% of the EXA token supply designated for the community. The ownership of these tokens will begin in June 2024, following a linear vesting schedule of 48 months. Sablier NFTs will serve as compensation vouchers, and if the stolen funds are recovered before June 1, 2024, the value of the NFTs (and EXA compensation) will be adjusted proportionally.

Fantom pays $1.7 million in rewards to security personnel, preventing $170 million in potential losses

After a cryptocurrency wallet belonging to the Fantom Foundation was hacked last month, the foundation paid a reward of $1.7 million to a security researcher who remains anonymous. The researcher alerted the foundation that the compromised wallet held dormant management tokens for Fantom's FTM token contract. If the hackers had discovered the management tokens in the wallet, they could have minted 1 million FTM tokens directly on the Ethereum network. With FTM trading at $0.17 at the time of the hack, the potential loss for the Fantom Foundation was estimated at $170 million.