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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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Hack-related crypto laundering reached $1.3 billion in 2024, marking a 280% increase from 2023, PeckShield reveals. Crypto laundering tied to hacks reached $1.3 billion in 2024, representing representing nearly a threefold increase compared to $342 million in 2023, according to…
BTC
Bitcoin
WBTC
Wrapped Bitcoin
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Crypto investors faced a tough 2024 as hacks and scams exploited weaknesses, costing billions in losses. Crypto-related hacks and scams cost the industry $3.01 billion in 2024, reflecting a 15% rise from $2.61 billion in 2023, according to data published…
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In December 2024, more than 25 hacks in the crypto industry led to approximately $24.7 million in losses, marking a 71% decline compared to November. December 2024 witnessed over 25 crypto hacks, resulting in a total loss of $24.69 million,…
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PeckShield reports that October saw nearly 20 crypto hacks, leading to around $88.4 million in losses, with the top incident affecting Radiant Capital. October proved to be a difficult month for the crypto sector, with around two dozen hacker attacks…
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Decentralized finance protocol Nexera has burned stolen NXRA tokens in a bid to mitigate damage to its ecosystem’s stability. Data from blockchain security firm PeckSheildAlert reveal that the defi protocol has permanently removed 32.5 million NXRA tokens from circulation. The…
NXRA
Nexera
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In July 2024, the cryptocurrency sector suffered a series of devastating attacks, culminating in losses amounting to approximately $266 million. Blockchain research firm PeckShield revealed in an X post on Aug. 1 that attacks against decentralized protocols in July surged…
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After six months those responsible for the $25 million Kronos Research exploit have begun transferring the pilfered funds. Blockchain security firm PeckSheild flagged the move on May 7, noting that the hackers were directing the funds towards the mixing platform…
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In April, crypto fraudsters stole $60.2 million, a 67% decrease from March.
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The crypto market witnessed over $187 million in losses due to hacks in March, with nearly $99 million recovered. According to data revealed by PeckShield, March proved to be a relatively calm month for crypto investors, with losses due to…
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PeckShield reported the movement of assets from addresses related to the hacking of the Prisma Finance protocol.
ETH
Ethereum
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PeckShield analysts reported a security incident with the Ethena Labs project on March 29. Experts say the vulnerability underlying the exploit is still unknown. According to PeckShield, it resulted in the loss of 480 BNB, equivalent to around $290,000 at…
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February witnessed a significant uptick in crypto phishing scams, culminating in the loss of more than $46.8 million across over 57,000 individual incidents, according to a report by Scam Sniffer. The scams, predominantly orchestrated through fake accounts on social media…
BTC
Bitcoin
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Analysts at blockchain forensic firm PeckShield say the crypto industry witnessed over 600 hack incidents over the past year. In an X post on Jan. 29, PeckShield released an infographic highlighting the extensive scale of hacker attacks targeting the crypto…
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Tellor reports double-digit gains in the past 24 hours, where it currently sits at $112.21.
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Aave's Earning Farm, which supports Ethereum (ETH), Wrapped Bitcoin (wBTC), and USDC was hacked and reportedly lost approximately $287,000 in ETH
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