Argin Chronicles
Investors are urged to steer clear of Sorta Finance on Arbitrum amid strong indications of an impending exit scam. The protocol recently deactivated its Sorta Finance X account, raising serious red flags about its legitimacy. This scammer has a notorious history, previously stealing over $25 million through various scams, including Magnate, Kokomo, Lendora, Solfire, Crolend, […]
Indian cryptocurrency exchange WazirX has paused all trading activities following a massive $230 million hack. Based on @zachxbt's feedback, we have increased the White Hat Recovery reward to 10%, i.e., up to $23 Million. We invite white hat hackers, blockchain forensics experts, and cybersecurity professionals from around the world to join this critical mission and […]
LIFI Protocol (@lifiprotocol) recently fell victim to a significant attack, resulting in a loss of approximately $9.7 million. The stolen assets included 6,335,889 USDT, 3,191,914 USDC, and 169,533 DAI. These funds were swiftly converted into 2,857 ETH ($9.7 million) and dispersed across multiple wallets. LIFI(@lifiprotocol) was attacked and lost $9.7M!🚨 Including 6,335,889 $USDT, 3,191,914 $USDC […]
Compound Finance, a prominent player in the DeFi space, faced a security breach yesterday when its official website was hacked and replaced with a phishing site. Michael Lewellen, a security consultant for Compound DAO, confirmed the incident and advised users to refrain from interacting with the compromised website. Fortunately, the breach was limited to the […]
Pink Drainer, a well-known group in the realm of crypto-draining, recently encountered a setback when it lost 10 ETH, valued at approximately $30,000, to an address poisoning scam. This type of scam involves perpetrators sending small amounts of cryptocurrency from a deceptive address that closely resembles the legitimate one, tricking the victim into sending funds […]
Q2 2024 witnessed some of the most significant crypto hacks and exploits, resulting in over $675 million in losses. A total of 15 major incidents were recorded, highlighting the persistent vulnerabilities within the crypto space. Among the targets were four crypto exchanges, one individual whale investor, and nine projects. The staggering total loss of $710 […]
Kraken, a prominent cryptocurrency exchange, recently revealed it was exploited for approximately $3 million. The Chief Security Officer at Kraken disclosed the breach, which occurred on June 9th, when the Kraken team received an alert from its Bug Bounty program regarding an “extremely critical” issue. The reported bug allowed attackers to artificially inflate their balances […]
On May 31, 2024, DMM Bitcoin experienced a massive security breach, resulting in the unauthorized transfer of 4,502.9 BTC, valued at over $300 million. The stolen funds were initially moved to the address 1B6rJRfjTXwEy36SCs5zofGMmdv2kdZw7P and have since been dispersed across 10 different addresses. Beosin Trace, a blockchain security firm, is actively monitoring the movement of […]
Sonne Finance, a decentralized lending protocol on the Optimism network, has experienced a significant security breach, resulting in losses amounting to approximately $20 million. The project, in a post-mortem report, disclosed that the exploit stemmed from a vulnerability in Compound v2 forks. In response to the attack, Sonne Finance swiftly paused the markets to prevent […]
Today, grandbase_fi encountered a severe security breach when their deployer’s wallet fell victim to unauthorized access, enabling the attacker to mint $GB tokens on BASEChain. This breach resulted in unauthorized transactions that triggered a staggering decline in the value of the token, with prices plummeting by over 99%. According to reports from @CyversAlerts, the hack […]