Cyber Attacks Continue to Plague the Cryptocurrency Industry
PeckShield, a cybersecurity agency, has reported that hackers have breached the DeFi Yearn.Finance protocol and made off with $11 million worth of cryptocurrency assets. Reports earlier indicated that the Aave V1 protocol had been hacked, but Aave developers clarified that the protocol was not co ...
South Korean Cryptocurrency Exchange Gdac Hacked, Loses $14 Million
Reports indicate that Gdac, a South Korean cryptocurrency exchange, was the target of a recent cyberattack. The hackers managed to withdraw around $14 million, which accounts for 23% of the total assets that the exchange holds. The stolen funds included 61 BTC, 350.5 ETH, 10 million Wemix toke ...
Tether Blacklists Address of Hacker Who Stole $25M in Cryptocurrencies
Tether, the issuer of the USDT stablecoin, has taken steps against an attacker who recently stole $25 million worth of cryptocurrencies from MEV bots through the use of a Sandwich method attack. The hacker took advantage of a security vulnerability in the decentralized exchange Uniswap on the Eth ...