The multi-chain protocol for optimizing profitability in OneRing Finance stablecoins has been hacked. The hacker withdrew $ 1.45 million through the use of an instant loan, the losses of the project amounted to about $ 2 million. To perform the exploit, the attacker placed a special smart contract on theContinue Reading
According to Cheong, he became a victim of so-called targeted phishing through an email newsletter, as a result of which a virus was installed on his phone. The program found the LED phrases stored in the device from two Ethereum wallets and passed them to hackers. Cheong also posted aContinue Reading
During the first quarter of 2022, crypto projects lost more than $1.22 billion as a result of the actions of hackers and scammers. This is 695% more than in the same period a year earlier, Yahoo Finance reports with reference to the Immunefi report. The focus of the attackers’ activityContinue Reading
Sky Mavis, the company behind the Axie Infinity blockchain game, expects to return at least part of the cryptocurrency stolen by the attacker for about $ 600 million. But the project team acknowledged that the process will take time, Bloomberg reports “We assume that some funds will be restored withinContinue Reading
The US Treasury Department’s Office of Foreign Assets Control (OFAC) has added a cryptocurrency address to the sanctions list, which is allegedly linked to the Lazarus hacker group. The address is marked as associated with an attack on the Ronin sidechain. At the time of writing, the wallet contained 147,753Continue Reading