The hack was first pointed out by blockchain security company, BlockSec, which tweeted that its monitoring system had detected an attack on multiple pools in RariCapital's Fuse lending platform.
Check out the latest episode of More Than Money with Patrick Thompson featuring FYX Gaming CEO Adam Kling as they discuss the play-to-earn and gaming model and blockchain gaming.
Digital assets security researcher Zachxbt revealed that 91 NFTs were stolen, and most of the funds from the stolen NFTs found their way to KuCoin and Binance.
A recently uncovered court filing shows that Ulbricht agreed to clear his $183 million debt by forfeiting all claims to a trove of BTC connected to the notorious marketplace.
The U.S. Treasury connected the theft to the North Korean hacker group Lazarus Group it also added the related Ethereum address to its sanctions list.
Ethereum-based stablecoin "Bean," from the Beanstalk Farms DeFi platform, proved not-so-stable this week as an attacker exploited code in a flash loan contract to siphon off around $182 in value.
Plaintiffs accuse Shopify of fake promises of full security on its platform after hackers accessed over 1 million emails and personal data of Ledger users.
Dr. Craig Wright was in the same frustrating position as the countless other victims of digital asset theft: he knows exactly where his coins ‘sit’ on the blockchain yet is unable to access that property without the necessary private keys.
The attack on Ronin Bridge came after five of its validator nodes had their private keys compromised; transactions on Ronin Bridge are paused to ascertain that no further funds can be stolen.
The court heard the challenge earlier this month, where lawyers for the developers argued that the case fell outside the jurisdiction of the English courts.
The case is officially brought by Tulip Trading Limited, a company primarily owned by Dr Wright, and concerns the loss of more than 111,000 bitcoins from a hack on Dr Wright’s home network in 2020.
The National Cryptocurrency Enforcement Team (NCET) was formed in late 2021 as a part of a multi-fronted commitment by the U.S. to curb digital asset crime.
