The Arbitrum Security Council has frozen $71 million in ETH directly traceable to the Kelp DAO exploit, with the council’s published statement confirming that the frozen funds cannot be moved without a subsequent action …
Tag:
Exploit
- Bitcoin & Ethereum
Arbitrum Security Council Freezes $71.5M in Ethereum linked to $292M KelpDAO Exploit
by adminby adminIn brief The Arbitrum Security Council has frozen 30,766 ETH worth $71.5 million linked to the weekend’s KelpDAO exploit. The funds can only be moved by further action by Arbitrum governance, the council said. …
- Web3 Technology
Kelp DAO Exploit Sparks Aave Liquidity Crunch, $6.2 Billion Withdrawal Panic
by adminby adminIn brief Aave users struggled to withdraw funds from Aave after attackers borrowed with stolen rsETH on the platform, spiking a core market’s so-called utilization rate. The funds were plundered from a LayerZero-powered bridge, …
Nonfungible token platform Gondi said it has disabled the faulty smart contract that allowed a hacker to steal $230,000 worth of NFTs from the protocol, adding it is now in the process of compensating …
- NFT & Metaverse
IoTeX bridge exploit raises debate over losses and recovery prospects as CEO offers 10% bounty
by adminby adminIoTeX, a blockchain project focused on Internet-of-Things devices, offered a 10% white-hat bounty to the hacker or hackers who exploited a private key on its cross-chain bridge ioTube, siphoning millions of dollars, in exchange …
- Crypto Education
What the Trial Related to a MEV Bot Exploit Means for the Industry
by adminby adminOpening arguments in the criminal trial for two brothers allegedly responsible for using maximal extractable value (MEV) bots to perpetuate a multimillion-dollar exploit kicked off on Wednesday. Anton and James Peraire-Bueno appeared in a …
Malicious actors targeted Monad’s official Telegram channel with advertisements that mimic the project’s forthcoming claim portal. In a post on X, Monad co-founder Keone Hon warned users not to click ads on their official …
In brief DeFi platform Resolv Labs’ USR stablecoin depegged and crashed more than 70% following an exploit Sunday. An attacker exploited the USR stablecoin contract using a compromised key, and minted 80 million tokens. …
Bitcoin & Ethereum
North Korea Hackers Embed Sophisticated Code Exploit in Smart Contracts
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by admin
North Korean hackers have adopted a method of deploying malware designed to steal crypto and sensitive information by embedding malicious code into smart contracts on public blockchain networks, according to Google’s Threat Intelligence Group. …
