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Exploits
Bitcoin Bridge OrdiZK Suffers Apparent $1.4M Rug Pull, Token Crashes to Zero: CertiK
The OrdiZK website and social media accounts are also offline.
Fantom Seeks Money Back From Multichain’s $200M Exploit
The move aims to enable victims to “partially recover” assets lost in one of the biggest exploits in 2023.
Binance Freezes $4.2M in XRP Tokens Stolen From Ripple Executive's Wallet
Over $120 million in XRP was stolen from Ripple Labs Executive Chairman Chris Larsen earlier this week.
Orbit Chain Loses $81M in Cross-Chain Bridge Exploit
The hacked funds remain "unmoved" according to Orbit Chain.
Crypto Users Lost $2B to Hacks, Scams and Exploits in 2023, De.Fi Says
The figure is roughly half the estimated $4.2 billion of 2022, a year that also included $40 billion lost through the collapse of Terra, Celsius and FTX.
DeFi Has a Risk Problem and It’s Time to Solve It
While the total losses from exploits fell to $1 billion from $54 billion the year prior, this is still an unacceptable threat to users, Haven1's Jeff Owens writes for Crypto 2024.
Ledger Exploit Endangers DeFi; Sushi Says 'Do Not Interact With ANY dApps'
The exploit reportedly prompts users to connect their wallets via a pop-up, triggering a token drainer.
KPMG Canada Teams Up With Chainalysis to Fight Crypto Frauds and Exploits
The duo will help companies adhere to crypto regulations and advance anti-money laundering compliance programs.
What Are the Tax Implications of the Alleged Binance Wallet Hack (or Any Crypto Exploit)?
As with the FTX fraud, it’s unclear how tax authorities are going to treat tax issues when there’s criminal activity involved.
