Security threats, hacks, and cybersecurity in cryptocurrency.
9 articles
Hackers compromise Curve's nameserver and redirect users to a cloned site, stealing $575K in approvals before the team regains control and directs users to curve.finance.
Badger DAO lost $120 million when attackers compromised its web interface, injecting malicious code that redirected user approvals to attacker-controlled addresses during fund transfers.
Upbit, a South Korean cryptocurrency exchange, lost approximately 342,000 ethereum worth $49 million in an abnormal transaction that transferred funds from the exchange's hot wallet to an unknown address on November 26.
Hackers stole approximately 7,000 bitcoin worth $40.7 million from Binance, the world's largest cryptocurrency exchange by trading volume, in a coordinated attack that exploited API keys and two-factor authentication codes.
QuadrigaCX discovered after its founder Gerald Cotten died that approximately $190 million in cryptocurrency held in cold storage wallets remained inaccessible because Cotten alone possessed the passwords and recovery keys required to unlock the encrypted systems.
Bitfinex introduced BFX tokens as a creative compensation mechanism for users whose bitcoin were stolen in the August 2016 hack, converting customer losses into equity-like claims.
The Bitfinex cryptocurrency exchange suffered a major security breach resulting in the theft of approximately 120,000 bitcoin, valued at around $72 million at the time.
An unknown attacker exploited a vulnerability in The DAO's smart contract code, draining approximately $60 million worth of ether tokens in a matter of hours.
ShapeShift, a cryptocurrency exchange platform, recovered from a security breach involving approximately $230,000 in stolen cryptocurrency, implementing new security measures.
