Crypto Hacks

Abracadabra lost $13 million in ETH due to a hack targeting GMX-linked pools. GMX denies its smart contracts were involved, raising questions about the vulnerability and each platform's role.

Bots continue to plague X users, especially in the cryptocurrency community, driving spam, impersonation, and phishing. In a recent post, Binance co-founder CZ urged Elon Musk to ban bots, stating he has no interest in interacting with AI-driven accounts.

Job seekers were deceived into downloading GrassCall, a custom virtual meeting software with malicious code designed to steal cryptocurrency. The scam has impacted hundreds, with many reporting drained wallets, underscoring the growing sophistication of cybercriminal tactics in the crypto space.

Binance founder Changpeng "CZ" Zhao is warning the crypto community to be watchful of bad actors who often target and compromise the social media accounts of Web3 firms to promote fraudulent memecoin coins.

Mask Network CEO Suji Yan lost $4 million in a cyberattack after his birthday. Analysts traced the stolen funds, now converted to Ethereum and dispersed across multiple wallets. The incident highlights ongoing security challenges amid a wave of recent crypto hacks.

Bybit has launched a website to track wallet addresses linked to the Lazarus Group after hackers stole over $1.4 billion in crypto. The exchange is offering a 5% reward from frozen assets to users who help identify and freeze stolen funds. Will this crowdsourced effort succeed or fall short?

A hacker stole $49.5 million from Infini. The firm claims to have identified the attacker and issued an ultimatum, offering 20% of the stolen funds for their return.

Hackers breached the Saudi Law Conference’s X account to promote scam meme coins linked to Crown Prince Mohammed bin Salman, leading to a swift rug pull that wiped out over 90% of the tokens' value.

Four.Meme, a new meme coin platform, was hit by a security breach, resulting in a loss of $183,000 and a temporary halt in token trading. Despite the attack, the platform's user base grew rapidly, but the breach raised concerns about the security of meme coin launchpads.

Kaspersky researchers have identified a cross-platform malware campaign, “SparkCat,” that targets cryptocurrency wallet recovery phrases by embedding a malicious software development kit (SDK) within modified mobile apps.