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Category Hacks

China raises alarm over alleged US role in one of the largest Bitcoin hacks

China raises alarm over alleged US role in one of the largest Bitcoin hacks

China’s national cyber defense agency, CVERC, has flagged the alleged involvement of the US government in the 2020 LuBian mining pool hack, valued ...
Balancer’s $120M Meltdown: How A Series of Small Swaps Almost Broke a Top AMM

Balancer’s $120M Meltdown: How A Series of Small Swaps Almost Broke a Top AMM

Balancer has offered a 20% bounty to white hats and the hacker if they return the stolen crypto. But as of now, the bounty remains unclaimed.
Bitcoin will be hacked in 2 years… and other quantum resistant marketing lies

Bitcoin will be hacked in 2 years… and other quantum resistant marketing lies

A new quantum countdown website projects a two– to three-year window for quantum computers to break widely used public key cryptography, placing Bi...
What’s happening to DeFi? $231M was just drained but $19M clawed back

What’s happening to DeFi? $231M was just drained but $19M clawed back

Two headlines hit the internet within hours of each other this week, and together they map the current state of DeFi’s security theater. StakeWise ...
XUSD Stablecoin Crashed 70% After $93M Stream Finance Loss

XUSD Stablecoin Crashed 70% After $93M Stream Finance Loss

The Staked Stream USD (XUSD) stablecoin crashed to $0.30 per CoinGecko data, marking one of the steepest depegs of the year so far.