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Exploit

Huobi and Gala Games to Give $50M to Victims of pGala Scheme

The firms will compensate the scheme’s victims while fighting for millions in damages from the cross-chain bridge that covered up the token-printing scheme.

By Elizabeth Napolitano

Apr 3, 2023 at 9:16 p.m. UTC

Apr 3, 2023

HuobiGalaGala gamesExploitExploits

Safemoon LP Exploited for $8.9M; SFM Tokens Remain ‘Safe,' CEO Says

A publicly available token burn function in the contract allowed attackers to manipulate the protocol, some said.

By Shaurya Malwa

Mar 29, 2023 at 5:58 a.m. UTC

Mar 29, 2023

DeFiOn-chain DataExploit

Algorand Wallet MyAlgo Advises Users to Withdraw Funds After $9.6M Exploit

John Woods, chief technology officer of the Algorand Foundation, said 25 wallets were affected.

By Oliver Knight

Feb 28, 2023 at 12:01 p.m. UTC

Feb 28, 2023

AlgorandOn-chain DataWalletHackExploit

Duo Involved in Platypus Crypto Exploit Arrested by French Police

Two people alleged to be behind an attack on the decentralized finance De Fi protocol Platypus have been arrested according to a tweet by France's police department The flash loan exploit drained the protocol of over 9 million in assets and knocked Platypus USD USP off its peg The Hash panel shares their insights as [...]

By CoinDesk Inc

Feb 27, 2023 at 6:24 p.m. UTC

Feb 27, 2023

DeFicdtvHash clipFranceExploitPlatypusUsp

Technology

Exploit

DeFi Protocol Platypus to Repay at Least 63% of User Funds After $9M Hack

The Avalanche-based protocol worked with crypto exchange Binance to identify the exploiter responsible for last week's attack.

By Krisztian Sandor

Feb 23, 2023 at 6:04 p.m. UTC

Feb 23, 2023

ExploitDecentralized FinanceStablecoinAvalancheBinance

CDCROP: Computer Hacking Hackers (Shutterstock)

Technology

Exploit

BlockTower Capital Loses $1.5M in DeFi Market Aggregator Dexible Exploit: Blockchain Data

The hacker exploited a weakness in a smart contract code, allowing them to drain funds from certain crypto wallets. Crypto “whales” accounted for 85% of the losses.

By Krisztian Sandor

Feb 17, 2023 at 5:29 p.m. UTC

Feb 17, 2023

ExploitHackBlockTower Capital

CDCROP: Darkweb, darknet and hacking concept. Hacker with cellphone. Man using dark web with smartphone. Mobile phone fraud, online scam and cyber security threat. Scammer using stolen cell. (Getty Images)

Markets

Exploit

USP Stablecoin Loses Dollar Peg as DeFi Protocol Platypus Suffers $8.5M Attack

The flash loan attack caused Platypus Finance’s native stablecoin to fall to 48 cents from $1. The potential loss is $8.5 million, according to blockchain security firm CertiK.

By Krisztian Sandor

Feb 16, 2023 at 9:34 p.m. UTC

Feb 16, 2023

ExploitDecentralized FinanceDeFiAvalancheFlash LoansAttacksStablecoin