The KuCoin cryptocurrency exchange returned most of the funds stolen by hackers in September of this year. This was announced by the CEO of the platform Johnny Liu. “At the moment, 84% of assets have been recovered using blockchain transaction tracking, smart contract updates and legal recovery,” wrote Johnny Liu. According to him, the details […]
Experts told how much money hackers stole from cryptocurrency users in nine years
Over the past nine years, from 2011 to 2020, cryptocurrency users have lost $7.6 billion in assets as a result of 113 attacks and 23 fraudulent schemes. This is comparable to Monaco’s GDP, according to a report by the analytical service Crystal Blockchain. In the report, Crystal specialists studied all the hacks, vulnerabilities and fraudulent […]
Hacker withdrew $2 million from the Akropolis DeFi protocol
An unknown attacker emptied the YCURVE and sUSD liquidity pools of the Akropolis project in DAI stablecoins for $2 million. He hacked smart contracts that have been audited twice. According to the observations of analyst Steven Zheng, the hacker withdrew assets in tranches of 50,000 DAI for seven hours until the liquidity in the pools […]
The Value DeFi project lost $6 million as a result of an instant loan attack
The creators of the Value DeFi project confirmed a “complex attack” on their MultiStables repository, as a result of which an unknown person withdrew $6 million in DAI and USDC stablecoins. “We are preparing a report and exploring ways to mitigate the consequences of users,” the developers wrote after the incident on Saturday. The attacker […]
NiceHash announced the return of 100% of stolen bitcoins to users
The cloud mining platform NiceHash announced that in December it will complete a program to reimburse users of bitcoins stolen during hacking in 2017. In December 2017, an attacker withdrew more than 4,640 BTC from user wallets on the platform, the price of the cryptocurrency at that time was about $ 12,000. On February 2, […]