The central question behind DeFi’s latest rebound is whether protocols gained fresh deployable liquidity or simply more valuable collateral. A Sept. 15 …
Stolen
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Scams
Cyberattacks on Law Firms Nearly Double as Stolen Documents Hit the Dark Web
by shayaanby shayaanIn brief Greenberg Traurig said an unauthorized actor accessed documents and posted them on the dark web. The firm notified affected clients; …
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Grand Jury Returns Second Superseding Indictment in New Haven U.S. Attorney David X. Sullivan for the District of Connecticut announced Aug. 4 …
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Smart Contracts
How cross-chain bridges work and why $4 billion has been stolen from them
by shayaanby shayaanBridges move assets between blockchains using lock-and-mint, burn-and-mint, or liquidity pool mechanisms, but their trust assumptions have made them the most exploited …
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Markets
North Korea arrests hackers accused of laundering stolen funds from country's bank via crypto
by shayaanby shayaanThe group allegedly breached Central Bank systems, converted crypto to cash via Chinese brokers, and used small transfers to evade detection. www.coindesk.com
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Scams
‘Operation Atlantic’: US and UK Team With Firms to Trace, Freeze Millions in Stolen Crypto
by shayaanby shayaanIn brief Crypto firms and government agencies teamed up in “Operation Atlantic,” designed to stop crypto fraud schemes and approval phishing campaigns. …
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Smart Contracts
Bitcoin Depot ATM Operator Says $3.6 Million in BTC Stolen in Corporate Hack
by shayaanby shayaanIn short Bitcoin Depot announced that hackers stole 50.9 BTC worth $3.665 million from corporate wallets during a March 23 breach. Attackers …
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Markets
Circle under fire after $285 million Drift hack over inaction to freeze stolen USDC
by shayaanby shayaanProminent blockchain sleuth ZachXBT alleged faster action by Circle could have limited crypto losses, but freezing asset without legal authorization carries legal …
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Scams
Solana DeFi Exchange Drift Protocol Exploited, Upwards of $285 Million Stolen
by shayaanby shayaanIn brief Solana perp DEX Drift Protocol has suffered an exploit that impacted more than $200 million in funds, with some estimates …
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Scams
Venture Firm Founder Offers Bounty to Help Recover $42 Million in Stolen Bitcoin, Crypto
by shayaanby shayaanIn brief Bo Shen, founder of Fenbushi Capital, is offering a 10-20% bounty to those who can help him recover a portion …