Section
Security
Hacks, scams, exploits and how to keep your crypto safe.
Scammers Launch Fake ETH L2 to Steal $2M From Crypto Traders
An unidentified group of threat actors launched a fake L2 chain impersonating Giwa, a project backed by Upbit, identified by DYORSWAP, a multichain decentralized exchange. Over 760 ETH bridged to the chain were lost, and DYORSWAP announced a compensation…
Zano rolls blockchain back a month after Gateway Address exploit
The Zano blockchain has been restarted at the block height that came immediately before Hard Fork 6, which introduced Gateway Addresses.
Michael Saylor Wants Tokens to Fund 10 Million New Companies
Michael Saylor wants digital tokens to help 10 million new companies raise capital as artificial intelligence changes how businesses are built. His proposal calls for simpler issuance rules while retaining disclosures and protections against fraud. Saylor…
THORChain under fire over Bitget, ETH evolves beyond blockchain: Hodler’s Digest
THORChain refuses to blacklist addresses linked to the Bitget hack. Vitalik Buterin says Ethereum is evolving from being a mere blockchain, into a world cryptographic computer.
Thorchain Faces Heat as Bitget Hack Revives Bybit Controversy
Following the Bitget hack, which saw $387.5 million siphoned from the centralized exchange (CEX), CEO Gracy Chen took to social media to formally request that Thorchain deny service to addresses linked to the attacker. Thorchain subsequently pushed back,…
Bitget freezes XRP withdrawals as 27M stolen tokens move
XRP withdrawals remained disabled on Sept. 26, while Bitquery's dated trace shows tokens moving onward without a measured spot-market sale. The post Bitget freezes XRP withdrawals as 27M stolen tokens move appeared first on CryptoSlate.
THORChain Refuses to Block Assets Tied to Bitget Hackers
THORChain paused itself over a $10M loss in May. Now it won't block $387M Bitget hack funds. Here's the fight. The post THORChain Refuses to Block Assets Tied to Bitget Hackers appeared first on BeInCrypto.
Magic Eden Says Legacy Approvals Exposed $5.7M In NFTs To Exploit
TL;DR Magic Eden says old EVM marketplace approvals left more than $5.7 million worth of NFTs exposed to an exploit in Limit Break’s Payment Processor V2. A whitehat rescue operation moved 23,155 vulnerable NFTs before they could be stolen. Magic Eden says no…
Bitget CEO Wants Thorchain to Block Hackers, but There’s a Catch
On Saturday, two days after Bitget was hacked, CEO Gracy Chen publicly asked Thorchain to cut off the hackers who drained hundreds of millions from her exchange this week. “Decentralization is a design principle, not a shield for facilitating known stolen…
Bitget hacker moves $83 million in stolen XRP that Ripple cannot freeze
Two wallets have been almost emptied and a third is being drained, with about $75 million remaining across the five original holding accounts.
Bitget Saga: Hacker Just Refueled on Binance as Withdrawals Reopen Monday
A wallet tied to Bitget’s $387.5 million hacker pulled about $1.23 million in ether out of Binance, two days before the exchange reopens bitcoin withdrawals on Monday. The Refuel, Step by Step The attacker who drained Bitget on Sept. 24 is still moving money,…
Bitget’s hack just got $36 million bigger, and now there’s a bounty on the stolen crypto
The exchange says the revision adds assets from the same incident and will announce a withdrawal plan by Sept. 26. The post Bitget’s hack just got $36 million bigger, and now there’s a bounty on the stolen crypto appeared first on CryptoSlate.