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CLAWDBOT HACKED. YOUR FUNDS ARE NOT SAFE.
Hundreds of API keys and private chat records leaked. Unauthenticated instances exposed. Credential theft and remote code execution are imminent. This is not a drill. Public users MUST implement a whitelist policy NOW. The risk is real. Act immediately to protect your assets.
Disclaimer: This is not financial advice.
#crypto #security #blockchain #hack ๐จ
Hundreds of API keys and private chat records leaked. Unauthenticated instances exposed. Credential theft and remote code execution are imminent. This is not a drill. Public users MUST implement a whitelist policy NOW. The risk is real. Act immediately to protect your assets.
Disclaimer: This is not financial advice.
#crypto #security #blockchain #hack ๐จ
GOVT HACKER EXPOSED: 40 MILLION VANISHES!
ZachXBT just dropped a bombshell. John Daghita, aka Lick, allegedly siphoned over 40 million USD from a US government-seized address. The largest single heist? A staggering 24.9 million USD. This exploit happened around 2024. His father's company, CMDSS Corporation, has a government IT contract managing seized crypto. The company's online presence has vanished today. Daghita's identity was revealed after a boasting match with another hacker. His wallet is linked to over 90 million USD in stolen funds, targeting victims beyond the US government. This is a massive security breach.
Disclaimer: Not financial advice.
#crypto #hack #blockchain #security ๐จ
ZachXBT just dropped a bombshell. John Daghita, aka Lick, allegedly siphoned over 40 million USD from a US government-seized address. The largest single heist? A staggering 24.9 million USD. This exploit happened around 2024. His father's company, CMDSS Corporation, has a government IT contract managing seized crypto. The company's online presence has vanished today. Daghita's identity was revealed after a boasting match with another hacker. His wallet is linked to over 90 million USD in stolen funds, targeting victims beyond the US government. This is a massive security breach.
Disclaimer: Not financial advice.
#crypto #hack #blockchain #security ๐จ
SCROLL CO-FOUNDER HACKED $100M AT STAKE
Entry: 10000 ๐ฉ
Target 1: 12000 ๐ฏ
Target 2: 15000 ๐ฏ
Stop Loss: 9000 ๐
Kenneth Shen's X account is compromised. A hacker is impersonating officials. They're sending phishing scams via DM. This is not a drill. Protect your assets NOW. Ignore all suspicious messages. Verify everything directly. The risk is extreme. Act with extreme caution.
Disclaimer: This is not financial advice.
#crypto #scam #hack #security #alert ๐จ
Entry: 10000 ๐ฉ
Target 1: 12000 ๐ฏ
Target 2: 15000 ๐ฏ
Stop Loss: 9000 ๐
Kenneth Shen's X account is compromised. A hacker is impersonating officials. They're sending phishing scams via DM. This is not a drill. Protect your assets NOW. Ignore all suspicious messages. Verify everything directly. The risk is extreme. Act with extreme caution.
Disclaimer: This is not financial advice.
#crypto #scam #hack #security #alert ๐จ
#southkoreaseizedbtcloss ๐จ UNBELIEVABLE FAIL IN CRYPTO SECURITY ๐จ
Even governments arenโt safe anymoreโฆ๐๐ฅ๐ซ
๐ฐ๐ท South Koreaโs prosecutors just lost nearly $48 MILLION worth of seized Bitcoin ๐ฑ
Yes โ that Bitcoin ($BTC
)was confiscated from criminalsโฆ and then vanished during a routine security check ๐
southkoreaseizedbtcloss
๐ Hereโs what went down:
๐ The Gwangju District Prosecutorsโ Office was inspecting seized BTC when an official accidentally clicked a phishing/scam site while accessing credentials on a USB drive.
๐ Result? Around 70 billion KRW (~$47.7 - $48M) in Bitcoin was stolen โ gone.
๐ Prosecutors confirmed the loss but wonโt disclose the exact amount or coin count as the investigation continues.
๐ฅ This isnโt just another crypto hack โ
Itโs a slap in the face to custody practices worldwide.
If LAW ENFORCEMENT can lose Bitcoin this way, what chance do ordinary hodlers have? ๐ฌ
๐ Meanwhile:
โข Crypto phishing losses globally dropped >80% in 2025 (to ~$83.8M) โ but smart scammers still win.
โข Chainalysis reports total crypto fraud & scam losses hit ~$17B in 2025 โ with AI-powered attacks up 4.5x.
๐ฅ Even government custody isnโt immune.
Secure your private keys. Use hardware wallets + multisig + offline cold storage.
Because if a prosecutorโs office can get phishedโฆ no one is safe. ๐
#Bitcoin BTC #hack #security #SouthKorea #cryptoloss blockchain
Even governments arenโt safe anymoreโฆ๐๐ฅ๐ซ
๐ฐ๐ท South Koreaโs prosecutors just lost nearly $48 MILLION worth of seized Bitcoin ๐ฑ
Yes โ that Bitcoin ($BTC
)was confiscated from criminalsโฆ and then vanished during a routine security check ๐
southkoreaseizedbtcloss
๐ Hereโs what went down:
๐ The Gwangju District Prosecutorsโ Office was inspecting seized BTC when an official accidentally clicked a phishing/scam site while accessing credentials on a USB drive.
๐ Result? Around 70 billion KRW (~$47.7 - $48M) in Bitcoin was stolen โ gone.
๐ Prosecutors confirmed the loss but wonโt disclose the exact amount or coin count as the investigation continues.
๐ฅ This isnโt just another crypto hack โ
Itโs a slap in the face to custody practices worldwide.
If LAW ENFORCEMENT can lose Bitcoin this way, what chance do ordinary hodlers have? ๐ฌ
๐ Meanwhile:
โข Crypto phishing losses globally dropped >80% in 2025 (to ~$83.8M) โ but smart scammers still win.
โข Chainalysis reports total crypto fraud & scam losses hit ~$17B in 2025 โ with AI-powered attacks up 4.5x.
๐ฅ Even government custody isnโt immune.
Secure your private keys. Use hardware wallets + multisig + offline cold storage.
Because if a prosecutorโs office can get phishedโฆ no one is safe. ๐
#Bitcoin BTC #hack #security #SouthKorea #cryptoloss blockchain
#ScrollCoFounderXAccountHacked
Bigger Lesson for Web3 Founders
๐ #ScrollCoFounderXAccountHacked
This incident is another wake-up call for Web3 founders and teams. As public-facing figures, their accounts carry massive influence and are prime targets for hackers. A single compromised post can lead to financial losses for followers and reputational damage for projects. Best practices like hardware-based 2FA, limited access permissions, and rapid response protocols are no longer optional. For users, the key takeaway is simple: never trust announcements blindlyโeven from well-known foundersโwithout cross-checking official project channels
#Hack #HackerAlert #Hacked
Bigger Lesson for Web3 Founders
๐ #ScrollCoFounderXAccountHacked
This incident is another wake-up call for Web3 founders and teams. As public-facing figures, their accounts carry massive influence and are prime targets for hackers. A single compromised post can lead to financial losses for followers and reputational damage for projects. Best practices like hardware-based 2FA, limited access permissions, and rapid response protocols are no longer optional. For users, the key takeaway is simple: never trust announcements blindlyโeven from well-known foundersโwithout cross-checking official project channels
#Hack #HackerAlert #Hacked
#ScrollCoFounderXAccountHacked
Impact on Scroll & Market Sentiment
โ ๏ธ #ScrollCoFounderXAccountHacked
Account hacks involving founders often trigger short-term fear and uncertainty in the market. While there is no indication of protocol-level issues with Scroll, misinformation from compromised accounts can influence sentiment and price action. Investors should clearly separate social media incidents from project fundamentals. Scrollโs technology, roadmap, and on-chain security remain the real factors to watch. This situation underlines why traders must rely on multiple official sources before reacting to breaking news, especially during volatile market conditions
#HackerAlert #Hack #Hacked
Impact on Scroll & Market Sentiment
โ ๏ธ #ScrollCoFounderXAccountHacked
Account hacks involving founders often trigger short-term fear and uncertainty in the market. While there is no indication of protocol-level issues with Scroll, misinformation from compromised accounts can influence sentiment and price action. Investors should clearly separate social media incidents from project fundamentals. Scrollโs technology, roadmap, and on-chain security remain the real factors to watch. This situation underlines why traders must rely on multiple official sources before reacting to breaking news, especially during volatile market conditions
#HackerAlert #Hack #Hacked
$90 MILLION HACKER EXPOSED. GOVERNMENT FUNDS LINKED.
Entry: 0.65 ๐ฉ
Target 1: 0.72 ๐ฏ
Target 2: 0.80 ๐ฏ
Stop Loss: 0.60 ๐
This hacker thought he could flex. He was wrong. ZachXBT just pulled back the curtain on a $90 million wallet. Funds traced back to seized government assets. On-chain never lies. Dirty money is always exposed. Don't be the next one caught showing off. Blockchain is unforgiving.
Disclaimer: For informational purposes only. Not investment advice.
#crypto #blockchain #hack #ZachXBT ๐จ
Entry: 0.65 ๐ฉ
Target 1: 0.72 ๐ฏ
Target 2: 0.80 ๐ฏ
Stop Loss: 0.60 ๐
This hacker thought he could flex. He was wrong. ZachXBT just pulled back the curtain on a $90 million wallet. Funds traced back to seized government assets. On-chain never lies. Dirty money is always exposed. Don't be the next one caught showing off. Blockchain is unforgiving.
Disclaimer: For informational purposes only. Not investment advice.
#crypto #blockchain #hack #ZachXBT ๐จ
๐คฃ๐คฃ๐คฃ๐คฃ$BTC $BCH #BTC็ช็ ด7ไธๅคงๅ
ณ #BTC่ตฐๅฟๅๆ #btc่ตฐๅข #Hack #TrumpTariffsOnEurope
$ETH SHOCKER: $4.1M VANISHES IN DEFI EXPLOIT
Entry: 1299 ETH ๐ฉ
Target 1: 4.1M USD ๐ฏ
Stop Loss: 0 ETH ๐
Makina Finance just got hammered. Hackers manipulated DUSD-USDC liquidity. They stole 1299 ETH, worth $4.1M. A MEV builder frontran the attack. This complicates recovery for the revenue management protocol. PeckShield detected the exploit at 03:40:35 UTC. The attacker split the stolen ETH into two wallets. They converted it to ETH. These wallets now hold the assets. The attacker used a $280M flash loan. They manipulated the MachineShareOracle. This oracle sets the price for Dialectic USD and Dialectic USDC. They artificially inflated the pool price. Then they traded $110M USDC. They drained 1299 ETH. Then repaid the flash loan. PeckShield confirmed a price manipulation vulnerability. The attacker added liquidity before the price hike. They withdrew liquidity with profit. A MEV builder address frontran the transaction. They seized about $4.14M. The stolen ETH is in two wallets. One holds $3.3M. The other holds $880K. Makina activated security mode. They advise DUSD Curve liquidity providers to withdraw funds. Only the DUSD Curve pool was affected. Other assets are safe. Security firms urge revoking smart contract permissions. Avoid Makina contracts. Flash loan exploits are still frequent. Bunni lost $8.4M. Shibarium lost $2.4M. DeFi hacks are contained. Total crypto theft reached $3.4B. Focus shifted from DeFi to CEXs and wallets.
Disclaimer: Past performance is not indicative of future results.
#ETH #DeFi #Hack #Crypto #Trading ๐
Entry: 1299 ETH ๐ฉ
Target 1: 4.1M USD ๐ฏ
Stop Loss: 0 ETH ๐
Makina Finance just got hammered. Hackers manipulated DUSD-USDC liquidity. They stole 1299 ETH, worth $4.1M. A MEV builder frontran the attack. This complicates recovery for the revenue management protocol. PeckShield detected the exploit at 03:40:35 UTC. The attacker split the stolen ETH into two wallets. They converted it to ETH. These wallets now hold the assets. The attacker used a $280M flash loan. They manipulated the MachineShareOracle. This oracle sets the price for Dialectic USD and Dialectic USDC. They artificially inflated the pool price. Then they traded $110M USDC. They drained 1299 ETH. Then repaid the flash loan. PeckShield confirmed a price manipulation vulnerability. The attacker added liquidity before the price hike. They withdrew liquidity with profit. A MEV builder address frontran the transaction. They seized about $4.14M. The stolen ETH is in two wallets. One holds $3.3M. The other holds $880K. Makina activated security mode. They advise DUSD Curve liquidity providers to withdraw funds. Only the DUSD Curve pool was affected. Other assets are safe. Security firms urge revoking smart contract permissions. Avoid Makina contracts. Flash loan exploits are still frequent. Bunni lost $8.4M. Shibarium lost $2.4M. DeFi hacks are contained. Total crypto theft reached $3.4B. Focus shifted from DeFi to CEXs and wallets.
Disclaimer: Past performance is not indicative of future results.
#ETH #DeFi #Hack #Crypto #Trading ๐
SAGA HACKED: 7 MILLION DRAINED!
SagaEVM network emergency shutdown at block 6,593,800. Critical smart contract vulnerability exploited. Hacker stole approximately 7 million USD in bridged assets like $USDC, $ETH, and tBTC. Funds moved to Ethereum Mainnet for dumping.
Team confirms SagaEVM is isolated. Mainnet and validators remain secure. No private key leaks or consensus issues. Developers working with exchanges to freeze hacker wallets and trace funds. Network remains frozen until the vulnerability is patched.
Disclaimer: This post is for informational purposes only and does not constitute investment advice.
#Saga #CryptoNews #Hack ๐จ
SagaEVM network emergency shutdown at block 6,593,800. Critical smart contract vulnerability exploited. Hacker stole approximately 7 million USD in bridged assets like $USDC, $ETH, and tBTC. Funds moved to Ethereum Mainnet for dumping.
Team confirms SagaEVM is isolated. Mainnet and validators remain secure. No private key leaks or consensus issues. Developers working with exchanges to freeze hacker wallets and trace funds. Network remains frozen until the vulnerability is patched.
Disclaimer: This post is for informational purposes only and does not constitute investment advice.
#Saga #CryptoNews #Hack ๐จ
๐ค
Opinion NDV: Why a $10.3 billion investment in Upbit is "collecting money"
Author: Lin Wanwan Dongcha Beating
NDV argues that Upbit remains significantly undervalued despite a recent hack, citing strong profitability and market dominance. A proposed merger between the parent company Dunamu and Naver Financial could support a U.S. IPO in 2026, potentially closing the valuation gap with its global peers and positioning the group as a payments-exchange-stablecoin platform. #hack link
Opinion NDV: Why a $10.3 billion investment in Upbit is "collecting money"
Author: Lin Wanwan Dongcha Beating
NDV argues that Upbit remains significantly undervalued despite a recent hack, citing strong profitability and market dominance. A proposed merger between the parent company Dunamu and Naver Financial could support a U.S. IPO in 2026, potentially closing the valuation gap with its global peers and positioning the group as a payments-exchange-stablecoin platform. #hack link
ETH EXPLOSION: $4.1M DRAINED FROM MAKI
Entry: 3300 ๐ฉ
Target 1: 3200 ๐ฏ
Stop Loss: 3400 ๐
MAKI FINANCE just got HAMMERED. Hackers manipulated oracles, draining $4.1 MILLION in ETH. A MEV builder front-ran the attack, snatching most of the loot. This is a DISASTER for the new yield protocol. Funds are split across two wallets, converted to ETH. Security firms are SCREAMING for users to revoke permissions and avoid MAKI contracts. This exploit only hit the DUSD Curve pool. Other assets are SAFE. Flash loan exploits are NOT over. Do NOT get caught sleeping.
Disclaimer: This is not financial advice.
#DeFi #Crypto #Hack #Ethereum #MAKI ๐ฅ
Entry: 3300 ๐ฉ
Target 1: 3200 ๐ฏ
Stop Loss: 3400 ๐
MAKI FINANCE just got HAMMERED. Hackers manipulated oracles, draining $4.1 MILLION in ETH. A MEV builder front-ran the attack, snatching most of the loot. This is a DISASTER for the new yield protocol. Funds are split across two wallets, converted to ETH. Security firms are SCREAMING for users to revoke permissions and avoid MAKI contracts. This exploit only hit the DUSD Curve pool. Other assets are SAFE. Flash loan exploits are NOT over. Do NOT get caught sleeping.
Disclaimer: This is not financial advice.
#DeFi #Crypto #Hack #Ethereum #MAKI ๐ฅ
๐ฝ Nearly 80% of crypto projects never fully recover after a major hack
#MarketRebound
#Hack
#doyouknowwhy
@just ๐
#MarketRebound
#Hack
#doyouknowwhy
@just ๐
DEFI MELTDOWN: $4.2M VANISHES!
Entry: 1.00 ๐ฉ
Target 1: 0.95 ๐ฏ
Stop Loss: 1.05 ๐
Makina Finance is bleeding. Hackers exploited an oracle flaw. $4.2 million is gone. CertiK tracked funds to an MEV builder. A flash loan amplified the damage. The DUSD/USDC pool was drained. No safeguards existed. This exploit highlights dangerous oracle designs. DeFi is on high alert.
Disclaimer: This is not financial advice.
#DeFi #Crypto #Hack #Exploit ๐ฅ
Entry: 1.00 ๐ฉ
Target 1: 0.95 ๐ฏ
Stop Loss: 1.05 ๐
Makina Finance is bleeding. Hackers exploited an oracle flaw. $4.2 million is gone. CertiK tracked funds to an MEV builder. A flash loan amplified the damage. The DUSD/USDC pool was drained. No safeguards existed. This exploit highlights dangerous oracle designs. DeFi is on high alert.
Disclaimer: This is not financial advice.
#DeFi #Crypto #Hack #Exploit ๐ฅ
MAKINA WIPED OUT. HUGE LOSS.
5,107,871 USDC GONE.
The multi-chain DeFi execution engine Makina was just hit hard on Ethereum. Attackers exploited a vulnerability. They manipulated pool prices. They inflated LP assets. Arbitrage attack executed. This is a massive blow. Don't get caught in the crossfire. Stay sharp.
Disclaimer: This is not financial advice.
#DeFi #Hack #CryptoNews ๐จ
5,107,871 USDC GONE.
The multi-chain DeFi execution engine Makina was just hit hard on Ethereum. Attackers exploited a vulnerability. They manipulated pool prices. They inflated LP assets. Arbitrage attack executed. This is a massive blow. Don't get caught in the crossfire. Stay sharp.
Disclaimer: This is not financial advice.
#DeFi #Hack #CryptoNews ๐จ
HACKED: $4.13 MILLION GONE!
Entry: 1299 ๐ฉ
Target 1: 4.13M ๐ฏ
Stop Loss: 0 ๐
MakinaFi just got hammered. 1299 ETH vanished. MEV bots front-ran the chaos. Millions are gone. This is a bloodbath. The market is bleeding. Act now or be left behind. Secure your assets. This is not a drill.
DYOR. Not financial advice.
#CRYPTO #HACK #ETH #NEWS ๐จ
Entry: 1299 ๐ฉ
Target 1: 4.13M ๐ฏ
Stop Loss: 0 ๐
MakinaFi just got hammered. 1299 ETH vanished. MEV bots front-ran the chaos. Millions are gone. This is a bloodbath. The market is bleeding. Act now or be left behind. Secure your assets. This is not a drill.
DYOR. Not financial advice.
#CRYPTO #HACK #ETH #NEWS ๐จ
๐จ BREAKING $282M Crypto Heist Drops Markets Social Engineering Hack Massive BTC Buy Shake Sentiment
1) A Massive Social Engineering Attack Steals ~$282โฏMillion in Crypto
A verified social engineering hack resulted in the theft of approximately 2.05โฏmillionโฏLTC and 1,459โฏBTC (~$282โฏmillion) from longโterm holders. According to reputable blockchain researchers, the attacker quickly moved funds into Monero (XMR), causing a 70% surge in Moneroโs price as traders reacted to stealth accumulation and privacy demand
This is not a smartโcontract exploit or protocol vulnerability but a humanโtargeted attack on custody practices a reminder that social engineering remains one of the largest sources of systemic crypto risk. Immediate impacts include heightened risk premiums on privacy coins and sellโoffs in correlated assets as risk aversion ripples through markets
2) Institution or Whale Makes a Mega Bitcoin Purchase
Incontrast to the hack shock, onโchain data shows a major $BTC BTC accumulation totaling ~$1.2โฏbillion, the largest purchase in months by a known strategy fund or institutional entity. This buy has provided shortโterm bid support for markets even as liquidity conditions remain tight
crypto.news
Market Implications (Clear & Direct):
๐ Price Volatility Surge: The hacked funds moving into Monero and rapid trading activity have injected extreme bidโask volatility into privacy tokens and heavily correlated LTC/BTC pairs. Liquidity providers and market makers are widening spreads and risk limits
โ ๏ธ Risk Off Sentiment
A sevenโfigure social engineering theft raises trust and counterparty risk concerns especially for LTC/BTC holders potentially triggering shortโterm deleveraging across the derivatives market
๐ Institutional Support Signal: The $1.2โฏbillion BTC purchase offsets some volatility and signals that deep liquidity players still see value at current levels This bifurcation risk aversion on one side accumulation on the other often presages a choppy rangeโbound market regime ahead
๐ก Technical Narrative Shift: Expect shortโterm correlations to decouple as privacy coins rally aggressively (on stolen funds flows) while majors like BTC and $ETH trade based on macro and ETF flow narratives
โ ๏ธ Disclaimer: This article is based on verified reports and onโchain analysis as of the timestamp below. Market conditions can evolve rapidly โ always conduct your own due diligence and consider liquidity, custody risk, and counterparty factors before trading
#exploit #Hack #BTC่ตฐๅฟๅๆ #XMR
A verified social engineering hack resulted in the theft of approximately 2.05โฏmillionโฏLTC and 1,459โฏBTC (~$282โฏmillion) from longโterm holders. According to reputable blockchain researchers, the attacker quickly moved funds into Monero (XMR), causing a 70% surge in Moneroโs price as traders reacted to stealth accumulation and privacy demand
This is not a smartโcontract exploit or protocol vulnerability but a humanโtargeted attack on custody practices a reminder that social engineering remains one of the largest sources of systemic crypto risk. Immediate impacts include heightened risk premiums on privacy coins and sellโoffs in correlated assets as risk aversion ripples through markets
2) Institution or Whale Makes a Mega Bitcoin Purchase
Incontrast to the hack shock, onโchain data shows a major $BTC BTC accumulation totaling ~$1.2โฏbillion, the largest purchase in months by a known strategy fund or institutional entity. This buy has provided shortโterm bid support for markets even as liquidity conditions remain tight
crypto.news
Market Implications (Clear & Direct):
๐ Price Volatility Surge: The hacked funds moving into Monero and rapid trading activity have injected extreme bidโask volatility into privacy tokens and heavily correlated LTC/BTC pairs. Liquidity providers and market makers are widening spreads and risk limits
โ ๏ธ Risk Off Sentiment
A sevenโfigure social engineering theft raises trust and counterparty risk concerns especially for LTC/BTC holders potentially triggering shortโterm deleveraging across the derivatives market
๐ Institutional Support Signal: The $1.2โฏbillion BTC purchase offsets some volatility and signals that deep liquidity players still see value at current levels This bifurcation risk aversion on one side accumulation on the other often presages a choppy rangeโbound market regime ahead
๐ก Technical Narrative Shift: Expect shortโterm correlations to decouple as privacy coins rally aggressively (on stolen funds flows) while majors like BTC and $ETH trade based on macro and ETF flow narratives
โ ๏ธ Disclaimer: This article is based on verified reports and onโchain analysis as of the timestamp below. Market conditions can evolve rapidly โ always conduct your own due diligence and consider liquidity, custody risk, and counterparty factors before trading
#exploit #Hack #BTC่ตฐๅฟๅๆ #XMR
๐จ๐จBalancer DeFi Protocol Hit by Suspected $70M Hacker Attack๐จ๐จ
Today, Balancer, a decentralized finance (DeFi) protocol, has reportedly suffered a significant suspected hacker attack resulting in asset losses exceeding $70 million. On-chain data and monitoring by blockchain analytics firms indicate that over $70 million worth of assets were transferred from Balancer's vault to new addresses. The stolen assets include large quantities of WETH, Staked ETH (stETH), and wrapped stETH (wstETH), among other ERC-20 tokens. The exact nature and method of the attack remain under investigation, but it aligns with a broader trend of sophisticated DeFi exploits involving flash loans and manipulation of protocol vulnerabilities.
Additionally, the attack on Balancer appears to be ongoing or evolving, with some reports putting total losses across Balancer and its multiple forked protocols at around $83 to $88 million, including other chains such as Base, Polygon, Arbitrum, and Sonic. This incident highlights the increasing security challenges faced by DeFi platforms, where smart contract vulnerabilities and complex on-chain mechanisms are exploited by attackers, often via flash loan attacks that allow temporary liquidity to orchestrate exploits without upfront capital.
Such high-profile attacks underline the critical need for improved security measures in DeFi, including robust smart contract audits, better real-time monitoring, and more secure oracle systems to prevent price manipulation. Balancer has not yet issued an official statement but investigations and further security reviews are expected as the community works to understand the full scope and impact of the attack.
#Hack $ETH
Today, Balancer, a decentralized finance (DeFi) protocol, has reportedly suffered a significant suspected hacker attack resulting in asset losses exceeding $70 million. On-chain data and monitoring by blockchain analytics firms indicate that over $70 million worth of assets were transferred from Balancer's vault to new addresses. The stolen assets include large quantities of WETH, Staked ETH (stETH), and wrapped stETH (wstETH), among other ERC-20 tokens. The exact nature and method of the attack remain under investigation, but it aligns with a broader trend of sophisticated DeFi exploits involving flash loans and manipulation of protocol vulnerabilities.
Additionally, the attack on Balancer appears to be ongoing or evolving, with some reports putting total losses across Balancer and its multiple forked protocols at around $83 to $88 million, including other chains such as Base, Polygon, Arbitrum, and Sonic. This incident highlights the increasing security challenges faced by DeFi platforms, where smart contract vulnerabilities and complex on-chain mechanisms are exploited by attackers, often via flash loan attacks that allow temporary liquidity to orchestrate exploits without upfront capital.
Such high-profile attacks underline the critical need for improved security measures in DeFi, including robust smart contract audits, better real-time monitoring, and more secure oracle systems to prevent price manipulation. Balancer has not yet issued an official statement but investigations and further security reviews are expected as the community works to understand the full scope and impact of the attack.
#Hack $ETH
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