Exploits

Pseudonymity is a meme

Pseudonymity is a meme

Alright ya beautiful lovelies, CryptoFirstNewsBadger here filling in for yer regular old presenter. And I know you’re thinking you look just like him. You sound just like him and you probably saw me getting me groceries at t’same superstore in t’same town at t’same time. But I assure you I am someone completely different and …

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unknown 17

Inside the Hunt for the Jay Pegs Auto Mart Thief and 865 ETH

It took the team at Jay Pegs Auto Mart basically zero time to identify and find the hacker responsible for stealing the proceeds from their auction of DONA tokens on SushiSwap’s MISO platform Thursday night. “It only took us five minutes to figure out who he was,” BasedMoneyGod, a salesman at Jay Pegs told The …

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eth bug

Bug in Leading Ethereum Node Software Has Caused the Chain to Fork

A bug in outdated versions of the leading Ethereum client for node operators, Geth, is causing forks on the chain, according to research by the Block. According to The Block, this could enable double spends on the world’s second-largest blockchain by market capitalization. Ethereum security lead Martin Holst Swende tweeted, “Fortunately, most miners were already …

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poly network

Poly Network Hacked For Over $600M In Biggest DeFi Exploit Ever

At 6am ET on August 10, over half a billion dollars worth of crypto assets were stolen from Poly Network, a cross-chain protocol that facilitates token swaps across multiple blockchains including Ethereum, Binance Smart Chain and Polygon. With the total drained at $600M, this is the biggest DeFi hack in history, dwarfing the $59M EasyFi …

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unknown 8

Upgrade Opens ThorChain to $4.9M Exploit

ThorChain, a popular decentralized exchange that enables native token swaps across different blockchains, was exploited yesterday to the tune of $4.9M. According to the project, the exploit was made possible by a recent upgrade to the protocol’s “Bifrost” router that connects ThorChain to Ethereum. The change allowed the attacker to trick the router using a …

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You stole $37M, now what? The $CREAM $ALPHA exploit unpacked

You Stole $37M, Now What? The $CREAM $ALPHA Exploit Unpacked

Last weekend Alpha Finance was hacked to the tune of $37m but this was a hack so specific and well-informed it was immediately assumed to have been an inside job. Have you ever wondered what happens when a hack goes down, or how a perpetrator can successfully escape with the money?

Flash Loans and Attacks explained

Flash Loans, and Attacks – Explained

After five attacks and millions of dollars lost due to an exploit, this week we’re diving deep into the mechanism behind what made this possible: Flash Loans. Some called it a magnificent attack, some called it art. But there are other important questions to be asked: were the flash loan attack prevention, fake token attack …

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