Follow crypto hack news, exploits, bridge attacks, protocol breaches, and security lessons from major incidents across Web3.
Over $500k has been stolen from Curve finance as the front end is compromised through an attack taking control of its nameserver.
Nomad announced a 10% bounty as efforts to recover $190 million lost in the bridge exploit continues. So far, whitehat hackers have returned $22 million.
Over $86.6 million worth of NFTs has been stolen in 166 thefts since 2020 and hackers show no sign of stopping.
Slope Finance appears to be the origin of the Solana exploit that affected thousands of users. Wallet owners are advised to move funds immediately from Slope imported wallets.
A breakdown of the returned funds showed that the majority of them were stablecoins. Around $2 million USDT, $3.8 million USDC, $1.2 million FRAX and $150,000 DAI have been returned.
Questions over interoperability arise as Chainalysis say thefts from cross-chain bridge hacks now account for 69% of all hacks.
The attack mostly affected mobile Solana wallets and most of the breach reports came from Phantom and Slope users.
Uncertainty is creating true fear, uncertainty, and doubt in real terms for wallet owners on the Solana blockchain at present.
Nomad was drained of almost 100% of its liquidity — $190.7 million — after hundreds of addresses copied the exploit a hacker used to steal 100 WBTCs worth $2.3 million.
