Follow crypto hack news, exploits, bridge attacks, protocol breaches, and security lessons from major incidents across Web3.
Chainalysis revealed that the hackers now use DeFi services to chain hop, or switch between several different kinds of cryptocurrency in a single transaction.
Oluwapelumi Adejumo 2 min read 
The attacker was able to borrow 4481 WBNB and swapped it for NFD tokens amounting to $1.25 million. A sell-off of the tokens forced the price to crash by 99%.
Kyber Network says the threat has been neutralized, offered the hacker a 15% bug bounty.
The Rari/FEI exploit caused Babylon Finance investment gardens to lose $3.4 million, whch led to users losing confidence and withdrawing 75% of its TVL.
Cyber threat intelligence firm, Check Point Research identified Nitrokod as a crypto miner malware that has infected thousands of PCs across 11 countries.
FBI cited Chainalysis data and said the amount stolen from DeFi increased by 72% compared to 2021.
Ronin bridge hackers, the Lazarus Group found a new home in ChipMixer after using the protocol to launder 3,460 BTC stolen from the Ronin bridge
NEAR/ETH bridge defended an attack in 31 seconds over the weekend that resulted in the attacker losing funds and no loss of user funds.
Celer Network has confirmed its cBridge is safe for use after shutting it down on August 17 due to a DNS exploit that claimed $240,000 of user funds
