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Crypto hacks jump ninefold in January: Immunefi
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Polter Finance has partnered with blockchain security provider FailSafe to enhance its security system to prevent future exploits. According to a press release sent to crypto.news, Polter Finance’s collaboration with FailSafe will ensure the implementation of real-time threat detection and…
BASE
Base
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zkLend has lost over $9 million worth of Ethereum in a hack. The protocol is demanding the hacker return 90% of the stolen funds or face legal consequences. On Feb. 12, Starknet-based layer2 money-market protocol zkLend officially admitted that it…
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Crypto scams driven by social engineering soared in 2024, with analysts warning that scammers are increasingly targeting celebrities and tech leaders. In a Feb. 11 research report, analysts at blockchain forensic firm Merkle Science revealed that in 2024, scammers targeted…
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Crypto hack losses dropped to $98.19 million in January from $160 million a year earlier, despite a rise in account compromises, data reveals. Hackers had a busy start to 2025, though they stole less than last year. Crypto losses from…
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Solana-based dex aggregator Jupiter has recovered its X account after it was hijacked by cryptocurrency scammers who promoted a fraudulent meme coin. According to a Feb. 6 X post, reassured users that no funds were ever at risk. They confirmed…
JUP
Jupiter
Follow-up
Hacker Indian crypto exchange WazirX’s latest move has users furious: either support new DEX plan or sit tight for five years to get their money back. Indian crypto exchange WazirX, which lost hundreds of millions in customer funds in a…
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Federal prosecutors in the United States have charged a Canadian national with exploiting vulnerabilities across two decentralized finance protocols, alleging he stole millions in cryptocurrency and attempted to cover his tracks. Andean Medjedovic, a University of Waterloo mathematics graduate, has…
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Crypto hacks surged in January 2025, with total losses reaching $73.9 million across 19 incidents, according to a report by Immunefi. The figure marks a ninefold increase from December but a 44.6% decline compared to January 2024, when hackers stole…
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Breaking Bad actor Dean Norris says his account was hacked to promote DEAN meme coins, which reached a market cap of more than $8 million. On Jan. 25, Dean Norris’ crypto account was hacked to promote a meme coin created…
SOL
Solana
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Singapore-headquartered crypto exchange Phemex is investigating a $70 million hot wallet exploit as hackers continue to siphon funds into Ethereum wallets. Blockchain analytics firm PeckShield reported that Phemex lost $69.1 million in a Jan. 23 exploit targeting the exchange’s hot…
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Peer-to-peer marketplace Noones may have been exploited for $7.9 million, with stolen funds routed through Tornado Cash. Noones, a Bitcoin (BTC) peer-to-peer marketplace founded by Paxful’s ex-CEO Ray Youssef, appears to have suffered a big hack. In early January, suspicious…
Follow-up
In January 2025, the U.S. federal court ruled that 94,643 of 119,754 BTC stolen in the 2016 Bitfinex exchange hack must be returned to the exchange, which is recognized as the sole victim of the crime. In 2022, the Department…
BTC
Bitcoin
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Bad actors stole roughly $2.3 billion from web3 projects, with Ethereum accounting for more than half of the total losses. According to the State of Web3 Security in 2024 report from Cyvers, 51% of the stolen funds came from Ethereum-based…
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U.S. prosecutors have requested court approval to return nearly $10 billion in Bitcoin recovered from the 2016 Bitfinex hack. According to a court filing, federal prosecutors plan to remit 80% of the 119,754 Bitcoin (BTC) recovered from the Bitfinex crypto…
BTC
Bitcoin
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In a joint statement, the U.S., Japan, and South Korea highlight the growing threat posed by North Korean cyber actors to the global crypto sector. The United States, Japan, and South Korea have warned the blockchain industry about North Korean…
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Decentralized finance protocol UniLend Finance has reportedly been exploited on Ethereum, leading to a loss of roughly $197,000 worth of assets. On Jan. 12, real-time web3 security startup TenArmorAlert reported that an attacker exploited UniLend’s “redeem process” by manipulating a…
USDC
USDC
STETH
Lido Staked Ether
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