Tagged: hack

August 24, 2026 @ 8:22 am By Omar Faridi  |  

The Ethereum-based fixed-rate lending platform Term Finance has suffered substantial losses after an attacker manipulated its governance system. Security researchers estimate the damage at around $8.5 million, with the majority of assets drained from the protocol’s specialized vault products on August 23, 2026. According to… Read More

August 24, 2026 @ 3:27 am By Omar Faridi  |  

AI tools are transforming cryptocurrency-related illicit activities, with overall adoption climbing sharply according to recent findings from blockchain intelligence firm TRM Labs. The company’s 2026 AI-in-Crime Adoption Index scores the use of artificial intelligence across crypto crime at 54 out of 100, placing it in… Read More

August 23, 2026 @ 12:03 am By Omar Faridi  |  

MANTRA Chain, the Layer 1 blockchain dedicated to real-world asset tokenization, has fully paused its network operations and locked all transfers after identifying an incident. The project’s official channels confirmed the stoppage on August 21, 2026, describing it initially as a precautionary step while the… Read More

August 22, 2026 @ 8:28 am By Omar Faridi  |  

BounceBit, a Bitcoin restaking and yield platform, has announced the permanent closure of its independent Layer 1 blockchain. The decision follows a security incident in which an attacker exploited a protocol-level authorization vulnerability, transferring roughly 286.5 million BB tokens—valued at around $3 million at the… Read More

August 20, 2026 @ 2:57 pm By Omar Faridi  |  

Maya Protocol, a decentralized cross-chain liquidity network that facilitates native swaps of assets such as Bitcoin and Ethereum without centralized intermediaries or wrapped tokens, experienced a major security breach in mid-August 2026. An attacker combined multiple software vulnerabilities to manipulate the protocol’s internal accounting, withdraw… Read More

August 18, 2026 @ 9:06 pm By Omar Faridi  |  

Harmony Protocol, a layer-1 blockchain known for its sharded architecture, has announced plans to reverse its network to a state preceding a significant security breach. The decision follows the discovery of an unauthorized minting event that created trillions of forged ONE tokens, the project’s native… Read More

August 18, 2026 @ 6:58 am By Omar Faridi  |  

Hackers have been capitalizing on a critical flaw in Apple’s built-in remote desktop tool to seize control of internet-facing Mac computers and turn them into cryptocurrency mining machines. The Netherlands’ National Cyber Security Centre has confirmed active abuse of the issue, with attackers installing software… Read More

August 18, 2026 @ 5:03 am By Omar Faridi  |  

SafePal, a provider of hardware and software cryptocurrency wallets, has publicly disclosed a security incident in which unauthorized parties gained access to personal and contact details belonging to roughly 40,000 customers. The company revealed the event on August 16, 2026, explaining that the exposure stemmed… Read More

August 12, 2026 @ 4:57 pm By Omar Faridi  |  

Developers behind the Harmony blockchain protocol have officially acknowledged a significant security breach that allowed the unauthorized generation of a large volume of additional ONE tokens, the network’s native digital asset. The confirmation comes after on-chain observers first highlighted unusual activity involving the sudden appearance… Read More

August 11, 2026 @ 4:04 pm By Omar Faridi  |  

Following a significant security breach affecting the open-source Bitcoin payment platform, members of the BTCPay Server community have stepped forward with a substantial incentive aimed at reclaiming lost assets. Supporters of the project have pledged a recovery bounty structured as 10 percent of any funds… Read More

August 10, 2026 @ 9:04 pm By Omar Faridi  |  

A significant security incident has struck Coinsbuy, a B2B cryptocurrency payment processing platform serving enterprises, merchants, and exchanges. On-chain investigators reported that wallets linked to the service were drained of approximately $7.9 million in assets spanning the Ethereum and TRON networks. #PeckShieldAlert Specter has reported… Read More

August 10, 2026 @ 5:38 pm By Omar Faridi  |  

Cybersecurity researchers have uncovered evidence that the North Korean threat actor known as Kimsuky is weaving artificial intelligence more deeply into its operations. The group, long associated with intelligence gathering and revenue-generating cyber activity for the regime, now appears to be experimenting with local large… Read More

August 9, 2026 @ 5:25 pm By Omar Faridi  |  

Bybit, one of the global cryptocurrency platforms, has taken significant legal steps against entities linked to a major digital asset heist. On August 7, 2026, the exchange announced a civil lawsuit filed in the US District Court for the District of Columbia. The defendants include… Read More

August 9, 2026 @ 3:04 pm By Omar Faridi  |  

Microsoft Threat Intelligence has identified a widespread malware campaign that stores and retrieves attack instructions via smart contracts on the BNB Chain. The operation affects thousands of Windows systems daily, spanning both corporate networks and individual users. Researchers describe the approach as EtherHiding, in which… Read More

August 3, 2026 @ 8:18 am By Omar Faridi  |  

Following a significant security incident involving Coldcard hardware wallets, Binance founder Changpeng Zhao (CZ) has advised crypto holders to consider spreading their assets across multiple wallets. The event underscores that even reputable offline storage solutions are not immune to flaws and highlights the ongoing challenges… Read More

August 2, 2026 @ 4:26 pm By Omar Faridi  |  

Blockchain security firm CertiK has noted that on July 23, 2026, an attacker successfully targeted the Ethereum cross-chain bridge of the Verus Protocol, extracting roughly $7.44 million in assets that included ETH, tBTC, various stablecoins, and MKR. The exploit hinged on a fundamental difference in… Read More

August 1, 2026 @ 11:31 am By Omar Faridi  |  

Immunefi indicated that a recent incident involving BonkDAO highlights a troubling shift in how digital assets are being compromised. An individual invested approximately $4 million to acquire sufficient voting power, enabling the passage of a malicious governance proposal during a period of limited participant engagement…. Read More

July 30, 2026 @ 6:49 am By Omar Faridi  |  

On-chain investigator Specter has reported that losses tied to compromised hot wallets associated with Singapore payments firm Triple-A have risen further, reaching an estimated $11.8 million. This marks an increase from the more than $9.3 million initially identified late Friday. Specter first publicly highlighted the… Read More

July 28, 2026 @ 9:37 am By JD Alois  |  

SparkKitty is a Trojan horse-type malware hack that targets crypto accounts. While the malware has been around for a couple of years, recent reports about its prevalence on both Google Play and the Apple Store are reminders that consumers must always be diligent – even… Read More

July 22, 2026 @ 12:25 am By Omar Faridi  |  

South Korea’s Financial Supervisory Service (FSS) has formally launched the sanction process against Dunamu, the operator of Upbit, the nation’s largest cryptocurrency exchange by trading volume. The regulator recently delivered an inspection report to the company regarding last year’s significant hacking event, marking the first… Read More