Tagged: hack

January 13, 2026 @ 4:05 pm By Omar Faridi  |  

In a significant blow to the nascent decentralized computing space, the Truebit Protocol fell victim to a sophisticated smart contract exploit on January 8, 2026. Attackers drained approximately 8,535 ETH, valued at around $26.44 million, from the protocol’s reserves. The incident, analyzed by the SlowMist… Read More

January 13, 2026 @ 7:56 am By Omar Faridi  |  

On January 12, 2026, investing and savings platform Betterment revealed that a sophisticated social engineering attack was responsible for a recent security incident. This breach allowed an unauthorized individual to access certain customer personal information and send fraudulent messages promoting a fake cryptocurrency-related offer to… Read More

January 10, 2026 @ 5:19 pm By Omar Faridi  |  

In the ecosystem of blockchain, web3, and decentralized cryptocurrency platforms, security remains a paramount objective but still not enough is being done to ensure adequate consumer protection and safeguard user assets. CertiK, a blockchain security firm, has recently shared several key updates that underscore its… Read More

January 7, 2026 @ 3:53 pm By Omar Faridi  |  

Kontigo, a stablecoin banking platform primarily serving users in Latin America, has committed to fully compensating customers impacted by a recent cyberattack. The incident, which compromised approximately $340,905 in stablecoin holdings, affected more than 1,000 individuals, highlighting ongoing vulnerabilities in the digital finance space. The… Read More

January 6, 2026 @ 10:05 am By Omar Faridi  |  

In the final quarter of 2025, Regtech and cybersecurity focused firm SlowMist released its MistTrack analysis on stolen funds, shedding light on persistent threats in the blockchain ecosystem. Drawing from 300 user-submitted reports—210 from domestic sources and 90 from international ones—the report underscores the evolving… Read More

January 4, 2026 @ 2:31 pm By Omar Faridi  |  

Ilya Lichtenstein, the individual who admitted to orchestrating the massive 2016 breach at cryptocurrency exchange Bitfinex, has announced his impending early release from incarceration. In a recent post on X, Lichtenstein attributed his reduced sentence to the First Step Act, a 2018 criminal justice reform… Read More

January 2, 2026 @ 5:50 pm By Omar Faridi  |  

The cryptocurrency sector experienced a significant respite in December 2025, with financial damages from hacks and exploits dropping more than 60% to approximately $76 million, according to a report from blockchain security firm PeckShield released on January 1, 2026. This figure represents a substantial reduction… Read More

January 2, 2026 @ 8:25 am By Omar Faridi  |  

Blockchain investigator ZachXBT has recently raised alarms about a persistent exploit targeting numerous cryptocurrency wallets on the Ethereum Virtual Machine (EVM)-compatible networks. The attack, which continues to unfold, reportedly involves the unauthorized transfer of funds from hundreds of affected addresses / wallets, primarily in modest… Read More

December 29, 2025 @ 8:23 am By Omar Faridi  |  

The Flow blockchain is set to resume operations following a key decision by its validators to revert the network’s transaction ledger to a state before a major security breach late Friday, which resulted in the theft of approximately $3.9 million. However, this move to unwind… Read More

December 28, 2025 @ 12:33 pm By Omar Faridi  |  

Trust Wallet, the widely-used non-custodial cryptocurrency wallet owned by Binance since 2018, has rolled out an official reimbursement program following a significant security breach in its Chrome browser extension. The receny issue stemmed from malicious code inserted into version 2.68 of the extension, which was… Read More

December 27, 2025 @ 5:21 pm By Omar Faridi  |  

On December 25, 2025, the cryptocurrency space was alerted to a major security issue affecting Trust Wallet‘s Chrome browser extension. On-chain investigator ZachXBT first raised the alarm via Telegram, highlighting numerous reports of unauthorized fund withdrawals from users’ wallets in a short timeframe. The wallet‘s… Read More

December 25, 2025 @ 9:40 pm By Omar Faridi  |  

The decentralized prediction market platform Polymarket has officially acknowledged a recent security incident that impacted a limited number of user accounts, attributing the problem to a vulnerability in an external authentication service. Complaints emerged on platforms like X and Reddit in recent days, with users… Read More

December 22, 2025 @ 4:49 pm By JD Alois  |  

Marquis, a software provider for banks that also supports compliance needs, has been the target of a ransomware attack apparently caused by a SonicWall flaw. While there is no information on the Marquis website, multiple reports indicate that around 400,000 customers saw their information pilfered…. Read More

December 4, 2025 @ 8:17 am By Omar Faridi  |  

Kaspersky’s detection systems have reportedly discovered an average of 500,000 malicious files per day in 2025, marking a significant 7% increase when compared to the previous year. Certain types of threats saw growth globally – there was a “59% surge in password stealer detections, a… Read More

November 30, 2025 @ 9:07 pm By Omar Faridi  |  

Crypto exchange Upbit recently claimed that it had identified and fixed a major codebase vulnerability found in its internal digital wallet system and platform while carrying out an urgent probe into the recent $30 million hack / theft that impacted the South Korean exchange this… Read More

November 30, 2025 @ 4:38 pm By Michael Wong  |  

Coupang, South Korea’s biggest online retailer, apologised on Sunday after a breach exposed personal information from 33.7 million customer accounts, prompting government scrutiny and warnings of follow-on scams. The US-listed company said the leak involved customers’ names, email addresses, phone numbers, shipping addresses and some… Read More

November 25, 2025 @ 9:25 am By JD Alois  |  

The SitusAMC data breach has banks scrambling to assess the damage. The hack has hit big banks like JP Morgan, Citi, and Morgan Stanley as client data has allegedly been pilfered. Reportedly, the breach was uncovered on November 12th, and the Federal Bureau of Investigation… Read More

November 7, 2025 @ 7:43 am By Omar Faridi  |  

On November 3, 2025, the decentralized automated market maker (AMM) protocol Balancer v2 experienced an attack. SlowMist noted that several different projects — including its forked versions — had been impacted across various blockchains, resulting in “total losses of approximately $120 million.” According to blockchain… Read More

November 3, 2025 @ 7:25 am By Omar Faridi  |  

Balancer—an automated market maker (AMM) protocol claiming over $750 million in total value locked (TVL)—suffered a security breach on November 3. Blockchain analytics firms like PeckShield and Lookonchain reported outflows exceeding $116 million across multiple chains, including Ethereum, Arbitrum, Base, Optimism, Polygon, and Sonic. The… Read More

November 1, 2025 @ 1:35 pm By Tony Zerucha  |  

According to the latest IBM report, organizations experiencing data breaches that involve shadow AI — unauthorized AI tools used by employees — face additional costs averaging $670,000 per incident, compared to standard breaches. These findings align with a recent Cybernews survey, which shows 59% of… Read More