Coin Telegraph

Crypto Thief Steals $4.4 Million in a Day as Toll Rises From LastPass Breach

LastPass previously disclosed a breach in August 2022, where an attacker obtained customer information and encrypted vault data, leading to the theft of over $35 million worth of crypto from around 150 victims.

CoinEx Exchange Loses $27 Million Worth of Crypto in Suspected Hack

A CoinEx hot wallet transferred $27 million of various tokens to a wallet with no previous history in what the exchange’s team has referred to as “anomalous withdrawals."

Push to ban ransomware payments following Australia’s biggest cyberattack

The Australian government is being pushed to ban the payment of cyber ransoms, usually demanded in cryptocurrency, following a local business suffering a mass data breach and subsequent ransom demand.

Bitcoin ATM Maker General Bytes Shuts Cloud Service After Security Breach

In a patch release bulletin, General Bytes warned that a hacker has been able to remotely upload and run a Java application via the master service interface into its terminals aimed at stealing user information and sending funds from hot wallets.

DeFi Protocol Platypus Suffers $8.5M Flash Loan Attack, Suspect Identified

Platypus confirmed a loss of “8.5 million” from its main pool and said that deposits were covered at 85%. Other pools were unaffected. The company has contacted the hacker to negotiate a bounty for the return of the funds.

Defrost Finance Breaks Silence on ‘Exit Scam’ Accusations, Denies Rug Pull

On Dec. 23, the platform announced it suffered a flash loan attack, leading to the draining of user funds from its v2 protocol. One day later, another incident saw a hacker steal the admin key for a second “much larger” attack on the v1 protocol.

Hackers Drain $8M in Assets from Bitkeep Wallets in Latest DeFi Exploit

One suspected hacker wallet address already has more than $5 million in digital assets. While the amount exploited is still not final and the attackers are still currently transferring funds to multiple wallet addresses.

Beosin, a leading blockchain security firm, announces $20M Series A strategic financing

Beosin, a leading blockchain security service provider, has recently closed a $20-million strategic financing round participated by prominent industry investors and existing shareholders.

Deribit Crypto Derivatives Exchange Halts Withdrawals Amid $28 Million Hot Wallet Hack

According to the information on Deribit’s Telegram chat, trading on Deribit is operating as usual. “Due to our hotwallet policy we were able to limit loss of user funds,” a Deribit support person noted.

Team Finance Exploited for $14.5 Million During Protocol Migration to Uniswap v3 Despite Contract Audit

On October 27, decentralized finance (DeFi) lockup protocol Team Finance said that over $14.5 million worth of tokens were exploited through the Uniswap v2 to v3 migration function on its platform.

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