The exploit caused the neobank’s AVICI token to drop 49% from a 24-hour high, hitting a record low before paring some of the losses.
Tag:
Hack
- Bitcoin & Ethereum
OpenAI Reveals How AI Agents Secretly Coordinated Before Hugging Face Hack
by adminby adminIn brief OpenAI disclosed its first detailed timeline of the AI-driven Hugging Face breach. The company’s models repeatedly reestablished covert communication channels after they were shut down. OpenAI’s presentation comes as Anthropic and Meta …
Smaller Bitcoin transfers have reached levels not seen since the collapse of cryptocurrency exchange FTX amid an ongoing suspected Coldcard hack. Bitcoin transfers below 1 BTC climbed to their highest daily level since November …
LayerZero Labs acknowledged a Lazarus Group attack on internal RPCs and a multisig signer’s unauthorized personal trade, impacting 0.36% of assets on the protocol. LayerZero on Friday issued a public apology for its handling …
- Bitcoin & Ethereum
DeFiLlama Co-Founder Suggests 3 Paths to Resolve $293M KelpDAO Hack Fallout
by adminby adminIf losses are spread across KelpDAO users, that’s an 18.5% haircut, leaving a $76M gap that Aave can cover by selling assets or taking debt. The $293 million KelpDAO hack on April 18 has …
- Bitcoin & Ethereum
Upbit $30 Million Hack Update: Authorities Link Breach To North Korean Hackers
by adminby adminSouth Korea’s largest cryptocurrency exchange, Upbit, is currently under scrutiny by regulators following a significant hack that led to the unauthorized withdrawal of approximately $36.9 million in assets on the Solana (SOL) network. The …
After 18 tense days in a Manhattan federal courtroom, the high-profile U.S. v. Peraire-Bueno trial has ended in a mistrial. Judge Jessica G.L. Clarke declared the outcome late Friday, citing a deadlocked jury unable …
DeFi Market
The $293 million KelpDAO hack shows why DeFi is finally being forced to grow up
by admin
by admin
For protocol founders and security researchers, the incident reinforced a broader shift underway across crypto: DeFi is no longer primarily battling coding bugs. It’s battling complexity.
Three Solana-based platforms have announced they are shutting down after a Step Finance hack at the end of January that has been deemed unrecoverable. Solana portfolio dashboard and DeFi aggregator Step Finance announced on …
Astra Nova, an AI-powered entertainment platform, has confirmed a major loss involving its newly launched RVV token. In an October 18 statement, the project said the breach was linked to a compromised account belonging …
