Tags: Hackers

The Platypus hacker managed to walk free from a court after claiming to be an ethical hacker despite stealing $8.5 million from the protocol.

The Financial Conduct Authority warns that the crypto exchange is operating without proper authorization.

A security vulnerability potentially affecting hundreds of smart contracts that were pre-built using a commonly used open-source library has been reported by Web3 firm Thirdweb.

While hackers Mohammed M. and his brother were cleared of all criminal charges, 7.8 million euros worth of crypto tokens became inaccessible after getting stuck in a wallet.

A malicious actor behind at least $5 million in crypto theft through “address poisoning" significantly ramped up attacks against Safe Wallet users in the last week.

In 2022, North Korean hackers swiped crypto worth ten times more than the country earned from exports in 2021, according to US cybersecurity firm Recorded Future.

The grant is designed to ease the financial burden on affected individuals and will equal the USD equivalent of the assets lost in the security breach.

Law firm Cadena Legal said that the guidance released by the Australian Taxation Office is “non-binding” and must be treated as “toilet paper.”

The Poloniex and HTX/Heco Bridge exploits as well as the KyberSwap flash loan attack were the three largest incidents in November, according to blockchain security firm CertiK.

The hacker demanded the surrender of all Kyber company assets, both on-chain and off-chain, including shares, equity and tokens.

CertiK co-founder Ronghui Gu told Cointelegraph that it’s “inexcusable” the industry faces continued SIM-swap and multisig failures, as previous incidents already highlighted the issues.

The DeFi platforms Velodrome and Aerodrome took to social media to warn users that the front-ends for both platforms were under attack from malicious actors.

The exploiter behind the $46 million KyberSwap hack says they plan to outline a treaty for the potential return of funds on Nov. 30, but not if threats and hostilities from execs keep up.

“We hope you can remember us as the best drainer that has ever existed,” wrote the scam-as-a-service wallet drainer.

In an X thread, Laurence Day, a former core contributor, detailed the efforts of the Indexed community in overcoming two hijacking attempts on the remaining treasury of the Indexed DAO.

The Blast team responded to claims that it’s multi-signature upgrade functionality makes it too centralized.

Australia’s tax regulator did not clarify whether investors must pay taxes on liquid staking or transfer to layer-2 bridges.

“On the table is a bounty equivalent to 10 of users’ funds taken from them by your hack,” said KyberSwap to its hacker in an on-chain message.

By exploiting a bug, the attacker caused liquidity to be "double counted," allowing them to get an unfair price for a swap.

Blockchain security firm PeckShield reported that assets like stablecoins, ETH, SHIB, LINK and more were transferred from the bridge. Withdrawals and deposits have been suspended, and Justin Sun has said HTX will fully compensate users for any losses.

dYdX founder Antonio Juliano said they’re working to find the original culprit behind the exploit, and they’d rather pay community members who help in the investigation than the exploiter.

A community member questioned why Poloniex needed to send an on-chain message in 15 different languages if the identity of the hacker is truly confirmed.