Attackers drained roughly $5.4 million from the Gravity Bridge Ethereum-side contract early on May 30. On-chain investigators level to a compromised signing key somewhat than a smart-contract flaw. The exploit eliminated $4.3 million in USD Coin (USDC) and 274 ether (ETH) value $553,000. PeckShield additionally recorded $434,000 in Tether (USDT) and PAYG tokens value $64,000….
Editor’s be aware: This is a visitor opinion piece by Evan Luthra. The views expressed are the writer’s personal and don’t essentially mirror the views of BeInCrypto. Readers ought to do their very own analysis earlier than making any funding choices. FBI pretend token constructed to catch criminals simply pumped 19x as a result of…
A phishing website impersonating Uniswap has drained crypto from a number of wallets. According to a group alert from on-chain investigator b-block on X, attackers are at present sitting on roughly $400,000 throughout two flagged addresses. Phishing Scammers Hit Crypto Users Again The wallets, 0x37925684BA178821b4436E06e67f5dBD6cfA49Bb and 0x2fC25F46cC49D226eF92E9A7665f3d2821F3c5E2, have been named within the alert. The analyst…
Cross-chain router Squid distanced itself from a third-party Gnosis Safe module, SquidRouterModule, after attackers drained about $3.2 million throughout Ethereum and Base. Blockchain safety companies flagged the exploit that affected 86 Gnosis Safe accounts in roughly 2 hours. Squid Disowns $3.2 Million SquidRouterModule Exploit Blockaid highlighted that the attacker swapped stolen tokens into Dai (DAI)…
StablR’s Euro (EURR) and StablR USD (USDR) stablecoins misplaced their pegs on Ethereum on May 24 after an exploit on the undertaking’s minting contract allowed an attacker to extract roughly $2.8 million. Blockchain safety agency Blockaid flagged the continuing assault and attributed the breach to a personal key compromise slightly than any flaw in StablR’s…
On-chain investigator ZachXBT issued a neighborhood alert flagging an obvious exploit of Polymarket’s UMA CTF Adapter. The UMA CTF Adapter is the sensible contract that lets Polymarket’s prediction markets settle utilizing UMA’s Optimistic Oracle According to the alert, greater than $520,000 has been drained from the contract to date, with funds flowing to an attacker…
GitHub says a hacker stole code from roughly 3,800 of its inside repositories after planting a poisoned plugin on an worker’s pc, elevating alarm within the crypto trade over the security of API keys saved inside code. Binance founder Changpeng Zhao advised builders to test each challenge for hidden keys and exchange them, warning that…
Bankr confirmed that an attacker accessed 14 wallets on its AI-powered crypto buying and selling platform. The platform operates as an AI agent that executes purchase, promote, swap, and restrict orders by accepting natural-language textual content instructions. What Happened to Bankr Wallets The account first flagged studies of compromised wallets and halted transactions as a…
BNB Chain simply examined new safety that might defend it from future super-powerful quantum computer systems. It labored, however the community ran about 40% slower as a result of the brand new safety made each transaction a lot larger. The BNB Chain staff shared the leads to a report this week. The new code handed…
Echo Protocol suffered an exploit on Monad, with an attacker minting 1,000 eBTC price roughly $76.64 million. Curvance paused the affected market whereas Echo Protocol suspended all cross-chain transactions. The incident raised May’s operating tally of crypto hacks to 14. How the Echo Protocol Exploit Unfolded On-chain analyst dcfgod first flagged the incident. PeckShield mapped…