Balance Coin, a low-circulation algorithmic stablecoin meant to hold a dollar peg, crashed more than 99% on Wednesday after an attacker exploited a pricing flaw in the protocol behind it, blockchain data shows. The token, […]
The post Balance Coin Crashes 99% After $915,000 42DAO Exploit appeared first on Coinpedia Fintech News Balance Coin (BLC) plunged 99% after a $915,000 exploit targeted 42DAO, the decentralized organization behind Balance Protocol on BNB […]
A hacker manipulated the swap mechanics of a liquidity pool on the cross-chain stablecoin bridge Allbridge Core, looting $1.66 million worth of digital assets over the weekend. In a post-mortem of the incident, Allbridge notes […]
Key Takeaways Hackers defaced President Ruto’s website on Saturday, demanding 5 bitcoins to prevent a data leak. The threat underscores why NC4 tracked billions of digital attacks on Kenya’s system early this year. NC4 and […]
Newly discovered malware is secretly hijacking Android phones and stealing banking credentials by turning the device’s own developer tools against users. The Cybersecurity firm Group-IB says a dangerous new version of the RedHook malware is […]
Airbnb CEO Brian Chesky said his X account was hacked, and the attacker posted a thread promoting tokenized real-world assets (RWAs) that was criticized as being heavily AI-assisted. The now-deleted posts argued that tokenization could […]
An attacker drained approximately $18 million in USDC from Ostium’s liquidity vault on Arbitrum in an oracle manipulation exploit detected by blockchain security firm Blockaid, onchain data shows. According to Blockaid’s alert, the attacker leveraged […]
Key Takeaways Peckshield flagged $5.25M bridged from Hedera to Ethereum on July 11 after a suspected mainnet exploit. The attacker holds 2,360 ETH ($4.25M) and 15.58 WBTC ($1M) in a wallet seeded with 1 ETH […]
The post Hedera Network Reportedly Hit by $5.25 Million Exploit appeared first on Coinpedia Fintech News Blockchain security firm PeckShield said Specter has reported a suspected exploit on the Hedera network, with about $5.25 million […]
Key Takeaways Authorities said the cybercrime campaign collected roughly 1,610 bitcoin, with a Michigan company alone transferring 200 bitcoin after an attack. Meanwhile, the guilty plea requires more than $1.1 million in restitution, while sentencing […]
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