Pierluigi Paganini
July 04, 2023
Poly Network platform suspended its services during the weekend due to a cyber attack that resulted in the theft of millions of dollars in crypto assets. Threat actors have stolen millions of dollars worth of crypto assets from the Poly Network platform during the weekend. The platform suspended its services due to the cyber attack […]
Pierluigi Paganini
September 09, 2022
US authorities recovered more than $30 million worth of cryptocurrency stolen by the North Korea-linked Lazarus APT from Axie Infinity. A joint operation conducted by enforcement and leading organizations in the cryptocurrency industry allowed to recover more than $30 million worth of cryptocurrency stolen by North Korean-linked APT group Lazarus from online video game Axie […]
Pierluigi Paganini
August 30, 2022
The U.S. FBI warns investors that crooks are increasingly exploiting security issues in Decentralized Finance (DeFi) platforms to steal cryptocurrency. The U.S. Federal Bureau of Investigation (FBI) published a Public Service Announcement (PSA) to warn investors that cybercriminals are increasingly exploiting security flaws in Decentralized Finance (DeFi) platforms to steal cryptocurrency. Threat actors are exploiting […]
Pierluigi Paganini
May 01, 2022
Threat actors exploited a bug in the Fuse protocol used by DeFi platforms Rari Capital and Fei Protocol and stole more than $80 million. Threat actors stole more than $80 million from the decentralized finance (DeFi) platforms Rari Capital and Fei Protocol on Saturday. Researchers from smart contract analysis firm Block Sec reported that attackers […]
Pierluigi Paganini
April 19, 2022
Credit-based stablecoin protocol Beanstalk discloses a security breach that resulted in the loss of all of its $182 million. The decentralized, credit-based finance system Beanstalk suffered a security breach that resulted in financial losses of $182 million. Researchers at blockchain analysis firm PeckShield reported that the attackers have stolen $80 M for the hacker. PeckShield first reported […]
Pierluigi Paganini
January 02, 2022
According to a report published by Invezz, the number of crypto security breaches increased by up 850% in the last decade. The cyberattacks against the cryptocurrency industry are a profitable business for threat actors, according to the experts, $12.1 billion worth of cryptocurrencies have been stolen in the last decade. In 2021 we observed a […]
Pierluigi Paganini
November 06, 2021
DeFi platforms are a privileged target for crooks, threat actors have stolen $55 million from bZx DeFi platform. Threat actors have stolen $55 million worth of cryptocurrency from the bZx decentralized finance (DeFi) platform. The decentralized finance (DeFi) platforms allow users to borrow/loan and speculate on cryptocurrency price variations. Attackers obtained two private keys for […]
Pierluigi Paganini
October 28, 2021
Threat actors have stolen $130 million worth of cryptocurrency assets from the Cream Finance decentralized finance (DeFi) platform. C.R.E.A.M. Finance is a decentralized lending protocol for individuals, institutions and protocols to access financial services. It promises earnings to users who are passively holding ETH or wBTC. Threat actors have stolen $130 million worth of cryptocurrency […]
Pierluigi Paganini
August 31, 2021
Crooks have stolen more than $29 million in cryptocurrency assets from Cream Finance, a decentralized finance (DeFi) platform. Threat actors have stolen more than $29 million in cryptocurrency assets from Cream Finance, a decentralized finance (DeFi) platform. C.R.E.A.M. Finance is a decentralized lending protocol for individuals, institutions and protocols to access financial services. It promises […]
