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Hacker Steals $100M From Harmony’s Horizon Bridge

Rahul Nambiampurath·
Hacker Steals $100M From Harmony’s Horizon Bridge 14
Harmony Protocol’s Horizon Bridge has been hacked, with about $100 million stolen. The team has contacted authorities and shut down the bridge. This is not the first time that a bridge has been hacked this year, with Ronin and Wormhole both suffering very expensive hacks. Harmony Protocol’s Horizon bridge has...

$4.3 Billion Lost Due to Cryptocurrency Crimes: CipherTrace Report

Avatar photoAdrian Mathieu·
Lost
Crimes involving cryptocurrencies have led to billions of dollars worth of losses this year, according to a report from CipherTrace.  During Q2 2019, an estimated $125 million was lost due to crypto-related hacks. A total of $227 million has been stolen in various security breaches this year, CipheTrace’s Q2 2019...

Bored Ape Yacht Club’s Discord Encounters An Online Phishing Attack

Avatar photoJuhi Mirza·
Bored Ape Yacht Club's Discord Encounters An Online Phishing Attack 15
The bored Ape Yacht Club NFTs Discord was briefly compromised earlier today.  The BAYC team reported that the hackers stole MAYC NFT #8662. The stolen NFT reportedly belonged to the famous Taiwanese pop star Jay Chou.  The famous Bored Ape Yacht Club NFT’s Discord was briefly compromised earlier today. The...

Kyber Network Exploited for $265,000

Rahul Nambiampurath·
Kyber Network Exploited for $265,000 16
Kyber Network identified and fixed a vulnerability in the front-end. The attacker managed to steal $265,000 through malicious code that was discreetly inserted into the Google Tag Manager. The Kyber Network team has promised to reimburse victims. Kyber Network has revealed that it has been the victim of an exploit...

Coinbase Discloses Password Vulnerability Affecting 3,420 Users

Alex Kyriakopoulos·
Coinbase Discloses Password Vulnerability Affecting 3,420 Users 17
Despite the ridicule that modern tech companies face at potentially storing passwords in plain text, despite better intentions, company-side mistakes can still lead to security vulnerabilities. On August 16th, a blog post from Coinbase detailed a bug in their internal server logs, leaving the potential to have user passwords harvested...

Osmosis DEX On The Cosmos Ecosystem Exploited for $5 million 

Avatar photoJuhi Mirza·
Osmosis DEX On The Cosmos Ecosystem Exploited for $5 million  18
Osmosis DEX on the Cosmos Blockchain was recently exploited for $5 million The DEX’s bug was first flagged by an anonymous user on Reddit.  Osmosis, a reputed blockchain on the Cosmos ecosystem, was reportedly exploited today for $5 million. The network had to undergo an abrupt halt to save the...

Hacktivist Group Anonymous Pledges To Expose Do Kwon

Avatar photoJuhi Mirza·
Hacktivist Group Anonymous Pledges To Expose Do Kwon 19
Anonymous has uploaded a new video that targets Terra Form labs founder Do Kwon Anonymous group has pledged to expose Do Kwon’s crimes and bring him to justice as soon as possible.  Popular hacktivist group Anonymous is back again and has uploaded a new video that pledges to expose Do...

KuCoin To Cover All User Losses From Recent $150M Crypto Hack

Avatar photoJohn P. Njui·
Hackers
Quick take: KuCoin’s risk management system detected unusual crypto withdrawal activity beginning today, 2:51 am (UTC +8) The exchange soon confirmed it was a hack KuCoin CEO, Johnny Lyu, confirmed KuCoin has an insurance fund to cover all losses $150 Million in Bitcoin, Ethereum and other ERC20 tokens was taken...

Binance Hacker Still Laundering Stolen Funds through Mixers

Alex Kyriakopoulos·
Binance Hacker Still Laundering Stolen Funds through Mixers 22
The Binance exchange hack in May proved to many the fragility of internet security, even to an exchange as large as this one. In current day value, the loss stands at almost $80 million USD. According to Luxembourg-based cryptocurrency capital flow research team Clain.io, the hacker responsible for the May...