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Jihoz, the co-founder of crypto gaming platform Axie Infinity, has reportedly been hacked for $9.7 million from two ‘compromised’ personal wallets. Over 3 million RON tokens were drained on the Ronin Network before being sold for ETH, causing a 9% drop in the token’s price, according to data from CoinMarketCap. According to Peckshield, over 3,000 ETH were withdrawn from the game’s Ronin Bridge, which also suffered a loss from compromised keys in 2022. The funds were immediately deposited into crypto mixing service Tornado Cash. This has been a tough morning for me.  Two of my addresses have been compromised. The attack is limited to my personal accounts, and has nothing to do with validation or operations of the Ronin chain. Additionally, the leaked keys have nothing to do with Sky Mavis operations.… — Jihoz.ron (@Jihoz_Axie) February 23, 2024 Read more: Explainer: What to know about crypto mixer Tornado Cash Security firm Ancilia’s initial flagging of the withdrawals su...

You can now buy access to Binance’s law enforcement request panel for $10,000 in bitcoin or monero, according to a post on black hat hacking discussion site Breach Forums. As reported by CoinDesk, darknet publication InfoStealers detailed how law enforcement computers in Uganda, Taiwan, and the Philippines were hacked earlier this year leading to “stolen browser-stored credentials and unauthorized access to Binance’s login panel.” Binance reportedly uses Kodex, a third-party service to provide access to its panel, suggesting that rather than Binance itself being breached, it’s poor network security on behalf of law enforcement that’s to blame. Image courtesy of BreachForums. Read more: ‘EtherHiding’ Hack uses Binance blockchain to extort WordPress users Speaking to CoinDesk, security expert and journalist Brian Krebs explained the increasing popularity of attacks like this which target government and law enforcement institutions. “Some Hack ers have figured out there is...

A smart contract security marketplace Code4arena appears to be the latest victim of a SIM swap attack on X. An X account for Code4 arena , a smart contract auditing platform, was compromised allowing a hacker to publish a scam post luring people to believe an airdrop was endorsed by a venture capital firm. In an X post that appeared on Nov. 27, 2023 the hacker published a post announcing an airdrop of ARENA tokens endorsed by Paradigm, a San Francisco-based crypto venture capital investment firm. Code4Arena twitter got hacked Do not click any links pic.twitter.com/yIoRGascQt — Defenders Dao (@defendersdao) November 28, 2023 The scale of the hack is not immediately clear as no public statements from Code4arena have been made so far. According to external reports, however, the incident was the result of a SIM-swap attack. At the time of writing, the post is deleted, but crypto.news was able to independently verify the authenticity of the original post. You might als...

Loopring’s X account remained compromised at press time, with the exploiters publishing multiple malicious links promoting a fake LRC airdrop. The X page of Ethereum layer-2 network Loopring was compromised on Nov. 20, allowing phishing scammers to publish at least 10 tweets containing harmful links to an illegitimate airdrop for LRC, the project’s native token.  According to blockchain security firm CertiK, the links redirected users to a known wallet drainer connected to other phishing campaigns. The exploit lasted all day and the Loopring team was yet to regain control of their account as of press time.  It’s unknown if LRC users or would-be airdrop claimants have suffered any losses. Loopring had over $98 million in total value locked when the project’s X account was hijacked, DefiLlama data showed. #CertiKSkynetAlert @loopringorg X account has been compromised and is posting phishing links The sites posted contain a known wallet drainer. Multiple phishing ...

The world of NFTs has fallen prey to an unexpected wave of school-age cyber bandits, orchestrating intricate phishing scams that have netted them million s in stolen assets. The digital finance platform Orbiter Finance was victimized last month when a false journalist impersonating an employee of a cryptocurrency news outlet deceived a Discord moderator. This ruse allowed the false journalist to gain control of the Discord server, limiting administrators’ abilities and preventing community members from messaging. The infiltrator used this control to promote a fictitious airdrop event, directing users to a phishing site meant to steal their NFTs. As a result, NFTs and tokens valued at approximately one million dollars were taken. For a brief moment, our Twitter account was compromised. We have successfully regained access and removed the malicious posts. We are investigating how this happened. Stay safe and always verify links you see on Twitter! — Zerion (@zerion) Ju...

Hacks and attacks have been increasingly common in the crypto currency industry. The DeFi space, in particular, has succumbed to several exploits over the last couple of months. Earlier this week, prominent DeFi lending platform, Euler Finance was hit with a $200 million flash loan attack. Now, the firm was seeking 90% of the funds from the hack er. The Ethereum-based noncustodial DeFi lending platform reached out to the hacker via an on-chain message. The firm wrote, “Following up on our message from yesterday. If 90% of the funds are not returned within 24 hours, tomorrow we will launch a $1M reward for information that leads to your arrest and the return of all funds.” Source Return of 90% of the funds would mean that the hacker is expected to send $176.4 million out of the $196 million. This would let the attacker hold on to the $19.6 million. In addition to involving blockchain intelligence platforms Chainalysis, TRM Labs, and the larger Ethereum community, Euler La...

A few hours back, BNB chain based DeFi protocol Ankr was exploited. The team took Twitter to confirm the same. Despite the exploit, the team clarified that none of the infrastructure services were affected. In fact, they also asserted that all the staking assets were safe. The team stated, “ Our aBNB token has been exploited, and we are currently working with exchanges to immediately halt trading. All underlying assets on Ankr Staking are safe at this time, and all infrastructure services are unaffected. “ Other Details Per on-chain data, the attacker was able to mint 20 trillion Ankr Reward Bearing Staked BNB (aBNBc). The said token, as such, is reward-enduring token for BNB staked on the protocol. Furthermore, the exploiter already exchanged more than 5 million USDC. Seems that @ankr got hack ed an hour ago! The exploiter minted 20T aBNBc and dumped it on #PancakeSwap. At present, the exploiter have successfully exchanged more than 5 million $USDC.https://t.co...

October ended up being a spooky month for a number of reasons. Concern over well-known protocols being compromised appeared throughout the month in the crypto sphere. October was identified as the month with the highest number of cryptocurrency scams and hacks as early as the second week of the month. The community was reflecting on the hacks that elevated October to the top of the list as we approached “Moonvember.” Earlier this week, PeckShield, a blockchain security firm gave the community a peek into the monthly statistics of the total crypto stolen. As per the firm, a whopping $2.98 billion was wiped out of the market through hacks as of October 31, 2022. It should be noted that there were a total of 44 exploits that had an impact on 53 protocols this month. While $100 million was returned, exploiters pocketed $760 million was still missing. Following this, 2022’s stolen funds list grew to nearly $3 billion. This was double the amount lost back in 2021 which is...