Bitget lost $351.6 million after attackers compromised a wallet backend, spoofed transaction data, Chen said on X. www.coindesk.com
hack
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Attackers drained Duelbits’ hot wallets across four blockchains; about $6 million in stolen funds now sits in a single Ethereum address. www.coindesk.com
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Markets
Former Hack VC partner Hsin-Ju Chuang found dead following public dispute with the firm
by shayaanby shayaanThe crypto community is seeking answers after 37-year-old growth executive Hsin-Ju Chuang was found dead in a remote California desert vehicle. www.coindesk.com
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Scams
$47M Still Missing After Liquid Hack as Blockstream Bargains With ‘White Hats’
by shayaanby shayaanIn brief Blockstream is in talks to recover approximately 598.5 BTC still outstanding after the Liquid exploit. The individuals responsible returned 3,400 …
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The exploit caused the neobank’s AVICI token to drop 49% from a 24-hour high, hitting a record low before paring some of …
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Aave, one of crypto’s largest lending and borrowing protocols, still hasn’t recovered from the April 18 hack of KelpDAO. Indeed, the value …
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A community built on verification spent five years outsourcing its judgment to one man, writes Foundation CEO Zach Herbert. www.coindesk.com
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In brief OpenAI employees told Wired that pressure to release models and products has made it difficult to prioritize safety, security, and …
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Markets
Bybit sues North Korea and Lazarus Group over $1.5 billion hack, secures asset freeze
by shayaanby shayaanThe exchange has secured a preliminary injunction freezing stolen assets. www.coindesk.com
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The attack exposed a five-year-old firmware flaw. The industry’s rapid response is accelerating the adoption of collaborative multisig security. www.coindesk.com