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Hack

The exploit on Ethereum allegedly worked by tricking ultra-fast crypto trading bots. (Shutterstock, modified by CoinDesk)
Technology
Ethereum
How MIT Brothers Allegedly Cheated a Noxious-But-Accepted Ethereum Practice for $25M
First came "The Bait." In an indictment, U.S. prosecutors detailed the incredibly complicated Ethereum exploit – in which attackers targeted the controversial area of "maximal...
The exploit on Ethereum allegedly worked by tricking ultra-fast crypto trading bots. (Shutterstock, modified by CoinDesk)
By Margaux Nijkerk
May 16, 2024 at 4:48 p.m. UTC
May 16, 2024
EthereumMEVFlashbotsIndictmentTrialExploitHack
(fikry anshor/Unsplash, modified by CoinDesk)
Technology
Defi
Sonne Finance Token Drops 60% After $20M Exploit on Optimism
Attackers stole ether, velo and stablecoins before developers mitigated the hack and paused operations. Sonne’s markets on the Base blockchain were not affected.
(fikry anshor/Unsplash, modified by CoinDesk)
By Shaurya Malwa
May 15, 2024 at 9:11 a.m. UTC
May 15, 2024
DeFiHackLending
(Kevin Ku/Unsplash)
Finance
Bitcoin
Bitcoin DeFi Tool Alex Lab Loses $4.3M in Hack, Offers 10% Bounty for Stolen Funds
The ALEX team proposed a 10% bounty on the total stolen funds in exchange for the return of 90% of assets.
(Kevin Ku/Unsplash)
By Shaurya Malwa
May 15, 2024 at 7:51 a.m. UTC
May 15, 2024
BitcoinHack
(Azamat E/Unsplash)
Finance
Hack
Crypto Exchange Rain Hit by $14.8M Exploit: ZachXBT
The hack occurred on April 29, ZachXBT said.
(Azamat E/Unsplash)
By Oliver Knight
May 13, 2024 at 2:53 p.m. UTC
May 13, 2024
HackExchangeExploitRain Financial
Poloniex hacker sends ETH to Tornado Cash (Towfiqu Barbhuiya/Unsplash)
Finance
Poloniex
Poloniex Hacker Sends $3.3M Worth of Ether to Tornado Cash
The hacked funds had previously been dormant for 178 days.
Poloniex hacker sends ETH to Tornado Cash (Towfiqu Barbhuiya/Unsplash)
By Oliver Knight
May 7, 2024 at 5:51 a.m. UTC
May 7, 2024
PoloniexHackTornado Cash
Address poisoning scam yields $68 million (Kevin Ku/Unsplash)
Finance
Hack
Exploiter Steals $68M Worth of Crypto Through Address Poisoning
The victim was duped by a mimicked 0.05 ether transfer.
Address poisoning scam yields $68 million (Kevin Ku/Unsplash)
By Oliver Knight
May 3, 2024 at 2:07 p.m. UTC
May 3, 2024
HackscamExploit
(Kevin Ku/Unsplash)
Policy
Regulations
Hacker Sentenced to 3 Years in Prison for Stealing Over $12M From Crypto Exchanges
Shakeeb Ahmed stole over $12 million from Nirvana Finance and a DEX thought to be Crema Finance.
(Kevin Ku/Unsplash)
By Nikhilesh De
Apr 12, 2024 at 3:53 p.m. UTC
Apr 12, 2024
RegulationsHackSolana
(fikry anshor/Unsplash, modified by CoinDesk)
Markets
Hack
Bitcoin Lightning Exchange FixedFloat Sees 'Suspicious' Transfers of $3M to Ethereum, Tron
The website was down for “technical work” as of early European afternoon hours Tuesday.
(fikry anshor/Unsplash, modified by CoinDesk)
By Shaurya Malwa
Apr 2, 2024 at 12:09 p.m. UTC
Apr 2, 2024
HackExploit
Computer hacking. (Shutterstock)
Technology
Web3
Munchables Exploited for $62M, North Korea-Linked Exploiter Returns Private Keys to Web 3 Firm
The broader crypto community is calling for a controversial chain rollback in a bid to recover funds.
Computer hacking. (Shutterstock)
By Shaurya Malwa
Mar 27, 2024 at 3:25 a.m. UTC
Mar 27, 2024
Web3HackEtherETHExploitNorth Korea
(Kevin Ku/Unsplash)
Finance
Hack
Newly Issued Gaming Token Exploited on Blast With $4.6M Drained
The hacker attempted to contact the SSS team, stating their intention to reimburse users.
(Kevin Ku/Unsplash)
By Oliver Knight
Mar 21, 2024 at 4:02 p.m. UTC
Mar 21, 2024
HackExploitBlastGames