Despite a significant phishing attack on Coinbase, Bitcoin demonstrates strength with substantial exchange outflows and Aave reaches a record TVL. This week in DeFi saw resilience and growth.
Tag: Scams
Coinbase Hit by $20M Extortion Attempt: Insider Phishing Attack and $400M Reimbursement Plan
Coinbase faces a potential $400 million bill after a phishing attack orchestrated by bribed overseas support agents compromised user data. The exchange refused to pay a $20 million ransom and instead offered a reward for the attackers’ capture. Learn about the details of the breach, Coinbase’s response, and the growing threat of social engineering scams in the crypto space.
Crypto’s Unsolved Mysteries: 5 Vanished Figures and Dubious Deaths
Explore five unsettling crypto cases involving disappearances, faked deaths, and unresolved mysteries that continue to intrigue and haunt the crypto world.
eXch Crypto Swapper: Rise, Fall, and Underground Activity After Bybit Hack
Explore the story of eXch, a crypto swapper favored by hackers like the Lazarus Group, its shutdown by German police following the Bybit hack, and evidence suggesting continued operations.
Mobius Token Exploit: $2.1M Drained from BNB Chain Smart Contracts – A Deep Dive
Mobius Token (MBU) on BNB Chain suffered a $2.1 million exploit. This comprehensive analysis covers the attack details, attacker’s methods, the role of Cyvers Alerts, and the broader context of crypto losses in April, providing insights for security and prevention.
Tron DAO and Curve Finance X Accounts Hacked: Details and Impact
Recent hacks of Tron DAO and Curve Finance’s X (formerly Twitter) accounts highlight growing security concerns in the crypto space. Learn about the stolen funds, scam tactics, and the broader implications for social media security.
Crypto Losses Surge 1163% in April: CertiK Report Highlights Major Hacks and Scams
CertiK reports a staggering 1163% increase in crypto losses during April, totaling $364 million, largely due to a massive Bitcoin theft and a rise in phishing scams. This article breaks down the key incidents and trends.
DeFi Exploits Surge: $92M Stolen in April as Crypto Hacks Double
A new report reveals a significant spike in cryptocurrency hacks, with DeFi platforms targeted for $92 million in losses during April, marking a 124% increase from the previous month. Learn about the biggest exploits and the industry’s response.