A crypto whale misplaced greater than $6 million in staked Ethereum (stETH) and Aave-wrapped Bitcoin (aEthWBTC) after approving malicious signatures in a phishing scheme on Sept. 18, in accordance to blockchain safety agency Scam Sniffer. According to the agency, the attackers disguised their transfer as a routine pockets affirmation by way of “Permit” signatures, which…
An unidentified crypto investor has misplaced over $3 million in a extremely coordinated phishing assault after unknowingly authorizing a malicious contract. On Sept. 11, blockchain investigator ZachXBT first flagged the incident, revealing that the sufferer’s wallet was drained of $3.047 million in USDC. The attacker shortly swapped the stablecoins for Ethereum and funneled the proceeds…
Venus Protocol quickly suspended its platform on Sept. 2 after a person misplaced tens of tens of millions of {dollars} in a focused phishing incident. The pause adopted reports from blockchain safety agency Cyvers, which flagged a suspicious transaction draining almost $27 million from a single pockets. In accordance with studies, the stolen belongings included…
A single phishing assault drained practically $1 million price of tokens from a crypto investor who unknowingly signed a batch of malicious transactions disguised as Uniswap swaps, based on blockchain safety agency Rip-off Sniffer. In an Aug. 22 post on X, Yu Xiang, founding father of blockchain safety agency SlowMist, famous that the incident concerned…
Coinbase, the largest US-based exchange, has reportedly lost $300,000 to MEV bots following a misconfiguration involving 0xProject’s token swap platform. On Aug. 13, pseudonymous security researcher Deebeez revealed that Coinbase mistakenly used the 0x swapper to approve tokens, a function it was never designed for. He noted: “0x has a swapper which is never meant…
Sumit Gupta, CEO of Indian crypto exchange CoinDCX, has linked the platform’s recent $44 million security breach to a targeted social engineering attack. In a July 31 statement shared via X (formerly Twitter), Gupta said early findings indicate that the exploit may have stemmed from manipulation tactics to gain unauthorized internal access. He explained that…