Exploits


Tech

DeFi Platform Acala’s Stablecoin Falls 99% After Hackers Issue 1.3B Tokens

A bug in the protocol’s newly deployed iBTC-aUSD liquidity pool left the door wide open for hackers to exploit.

The Polkadot pavilion on the Promenade at the World Economic Forum in Davos, Switzerland (Sandali Handagama/CoinDesk)

Finance

Crypto’s Future Depends on Security, Ledger Exec Says

Alex Zinder, global head of hardware wallet maker Ledger Enterprises, joined CoinDesk TV’s “First Mover” to discuss Solana’s $5 million exploit and what crypto needs to do to broaden adoption.

A hardware wallet (Hendrik Morkel via Unsplash)

Finance

Nomad, Slope Hacks Create New Annoyance for Their Shared Backer Circle Internet Financial

The venture-capital arm of the USDC stablecoin-issuer gave money to Nomad and Slope, which were both exploited this week.

Circle (Sandali Handagama/ CoinDesk)

Tech

ZB Exchange Loses Nearly $5M in Suspected Hack, Pauses Withdrawals

The self-titled “world’s most secure” exchange may be the third crypto company to suffer a multimillion-dollar exploit this week.

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Finance

Solana’s $6M Exploit Likely Tied to Slope Wallet, Developers Say

Affected wallets were all confirmed to be either created or used in Slope mobile wallet apps.

Scenes from Solana's Miami Hacker House in April 2022 (Danny Nelson/CoinDesk)

Finance

Hackers Return $9M to Nomad Bridge After $190M Exploit

The popular Ethereum to Moonbeam bridge is working with law enforcement and data analytics firms.

(Shutterstock)

Markets

Solana Wallets Targeted in Latest Multimillion-Dollar Hack

Over 8,000 internet-connected "hot" wallets have been compromised so far, but the source of the attack remains unknown.

Solana Hacker House en Miami, abril del 2022. (Danny Nelson/CoinDesk)

Finance

Here’s How $200M in Crypto Was Drained From Nomad Protocol, According to a Security Expert

Halborn Chief Information Security Officer Steven Walbroehl joined CoinDesk TV’s “First Mover” to discuss how Nomad’s bridge lost $200 million in less than 24 hours.

Nearly $200 million was drained from cross chain messaging protocol Nomad. (Isravel Raj via Unsplash)

Finance

DeFi Has Become Crypto Crime’s Main Arena, Crystal Blockchain Says

Hackers and scammers have shifted from breaching centralizing entities to exploiting decentralized projects, according to a new report.

Crypto criminals are increasingly targeting DeFi protocols. (Andrey_Popov/Shutterstock)