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Hyperbridge cross-chain gateway was just precisely hacked, creating 1 billion cross-chain DOT out of thin air, with a nominal value of up to 1.19 billion dollars. The most dramatic part is that due to the shallow liquidity pool on Ethereum, this guy worked hard for half a day and ended up with only 237,000 dollars.
This wave is a typical case of "robbing a bank vault, only to find it's filled with ghost money." The hacker's technical skills were on point, but in the end, he was taught a lesson by the liquidity depth. From the on-chain path, the large sell pressure instantly blew up the slippage, and the remaining 1 billion tokens are now no different from waste paper. The project team probably broke out in a cold sweat, never expecting that their savior would be "lack of liquidity." This is a typical magical reality in the crypto world: as long as I am poor enough, hackers cannot get rich.
Do you think this hacker is incompetent, or is the project team lucky? #Hyperbridge #Security #Hacker $DOT
This wave is a typical case of "robbing a bank vault, only to find it's filled with ghost money." The hacker's technical skills were on point, but in the end, he was taught a lesson by the liquidity depth. From the on-chain path, the large sell pressure instantly blew up the slippage, and the remaining 1 billion tokens are now no different from waste paper. The project team probably broke out in a cold sweat, never expecting that their savior would be "lack of liquidity." This is a typical magical reality in the crypto world: as long as I am poor enough, hackers cannot get rich.
Do you think this hacker is incompetent, or is the project team lucky? #Hyperbridge #Security #Hacker $DOT
🚨Hacker or Insider? The mystery of the $285 million attack on Solana 🧐
While Elliptic points to groups from North Korea, security experts believe it was someone with intimate knowledge of the Drift Protocol. 🕵️♂️
The fact is: human and process-based security failed where code should have been sovereign.
❌ No time lock.
❌ No emergency shutoffs.
✅ Result: One of the largest losses in recent DeFi history.
What's your opinion: are DeFi networks ready for mass adoption or are we still "luxury testers"? 👇
#DeFi #Hacker #Solana #Web3 #CryptoBrasil
$SOL
While Elliptic points to groups from North Korea, security experts believe it was someone with intimate knowledge of the Drift Protocol. 🕵️♂️
The fact is: human and process-based security failed where code should have been sovereign.
❌ No time lock.
❌ No emergency shutoffs.
✅ Result: One of the largest losses in recent DeFi history.
What's your opinion: are DeFi networks ready for mass adoption or are we still "luxury testers"? 👇
#DeFi #Hacker #Solana #Web3 #CryptoBrasil
$SOL
Drift officially announced that 280 million dollars were precisely detonated by "social engineering + pre-signed transactions", and now all site functions have directly come to a physical standstill. They are currently cooperating with the police and security agencies to pursue and block on-chain at full speed.
This wave is again a typical case of "human disaster" being greater than "natural disaster". Hackers targeted internal permissions along with durable random numbers to bypass security checks, using methods that are steady, precise, and ruthless, clearly having been plotting against core members for a long time. Now the protocol has entered the emergency room, and the most painful part is the liquidity that has not yet been withdrawn; once the functions are locked, retail investors can only watch their funds turn into "stagnant water" helplessly.
From the on-chain intentions, this huge amount of money has not yet started to enter the mixer on a large scale, indicating that the hackers are still testing the waters. But this amount is too outrageous; if it cannot be recovered, the fundamentals of the protocol are likely to need to be reshaped. Do people think the officials can afford to compensate for the money lost due to human negligence in the end? #SOL #DeFi #Hacker $DRIFT
This wave is again a typical case of "human disaster" being greater than "natural disaster". Hackers targeted internal permissions along with durable random numbers to bypass security checks, using methods that are steady, precise, and ruthless, clearly having been plotting against core members for a long time. Now the protocol has entered the emergency room, and the most painful part is the liquidity that has not yet been withdrawn; once the functions are locked, retail investors can only watch their funds turn into "stagnant water" helplessly.
From the on-chain intentions, this huge amount of money has not yet started to enter the mixer on a large scale, indicating that the hackers are still testing the waters. But this amount is too outrageous; if it cannot be recovered, the fundamentals of the protocol are likely to need to be reshaped. Do people think the officials can afford to compensate for the money lost due to human negligence in the end? #SOL #DeFi #Hacker $DRIFT
😱🤯😱🤯😱🤯😱
The "white hats" of Web3 earn millions, sweeping away traditional jobs in cybersecurity.
The top ethical hackers in Web3 are making millions by discovering flaws in DeFi, far surpassing the traditional cybersecurity salaries, which have a cap of USD 300,000.
The best ethical hackers looking for vulnerabilities in Web3's decentralized protocols are earning millions, eclipsing the USD 300,000 salary cap of traditional cybersecurity positions.
Researchers earn millions a year, compared to the typical cybersecurity salaries ranging from USD 150,000 to USD 300,000.
In the realm of cryptocurrencies, "white hats" are ethical hackers who are paid to reveal vulnerabilities in decentralized finance (DeFi) protocols.
#Hacker
#FOMO
#CreatorPad
$BNB
$SOL
$ETH
The "white hats" of Web3 earn millions, sweeping away traditional jobs in cybersecurity.
The top ethical hackers in Web3 are making millions by discovering flaws in DeFi, far surpassing the traditional cybersecurity salaries, which have a cap of USD 300,000.
The best ethical hackers looking for vulnerabilities in Web3's decentralized protocols are earning millions, eclipsing the USD 300,000 salary cap of traditional cybersecurity positions.
Researchers earn millions a year, compared to the typical cybersecurity salaries ranging from USD 150,000 to USD 300,000.
In the realm of cryptocurrencies, "white hats" are ethical hackers who are paid to reveal vulnerabilities in decentralized finance (DeFi) protocols.
#Hacker
#FOMO
#CreatorPad
$BNB
$SOL
$ETH
❗ Iran's Largest Crypto Exchange Hacked
Iran's most popular and largest crypto exchange, Nobitex, has been hacked by a hacker group called "Predatory Sparrow."
📌 According to reports, approximately $48–82 million in various cryptocurrencies (USDT, BTC, TON, and others) were stolen from the exchange.
🔐 The hackers claimed that not only did they transfer the funds to their own crypto accounts, but they also caused cyber damage to banks and ATM machines linked to Iran's Islamic Revolutionary Guard Corps (IRGC).
🗣️ Nobitex has officially confirmed the incident and stated:
"We will compensate our customers for their losses."
🌐 Due to the risk of further cyberattacks, it is reported that Iran also restricted its internet access last night.
#cyber #hacker #IsraelIranConflict #cybercrime
Iran's most popular and largest crypto exchange, Nobitex, has been hacked by a hacker group called "Predatory Sparrow."
📌 According to reports, approximately $48–82 million in various cryptocurrencies (USDT, BTC, TON, and others) were stolen from the exchange.
🔐 The hackers claimed that not only did they transfer the funds to their own crypto accounts, but they also caused cyber damage to banks and ATM machines linked to Iran's Islamic Revolutionary Guard Corps (IRGC).
🗣️ Nobitex has officially confirmed the incident and stated:
"We will compensate our customers for their losses."
🌐 Due to the risk of further cyberattacks, it is reported that Iran also restricted its internet access last night.
#cyber #hacker #IsraelIranConflict #cybercrime
Hackers managed to steal millions of dollars in valuable NFTs, including Bored Ape Yacht Club and Mutant Ape Yacht Club, using an NFT Trader exploit.
Following the hack of "legacy smart contracts", NFT Trader is calling on users to revoke access to the two compromised contracts.
Hacker demands ransom for stolen NFTs. The hacker also returned one Bored Ape NFT along with ETH to one user and returned some Bored Ape tokens to the owners. In addition, there were reports of auxiliary hacks that removed Cool Cats and Squiggles tokens from users' wallets.
NFT Trader has not yet responded to requests for comment. #crypto #NFTMarketTrends #hacker
Following the hack of "legacy smart contracts", NFT Trader is calling on users to revoke access to the two compromised contracts.
Hacker demands ransom for stolen NFTs. The hacker also returned one Bored Ape NFT along with ETH to one user and returned some Bored Ape tokens to the owners. In addition, there were reports of auxiliary hacks that removed Cool Cats and Squiggles tokens from users' wallets.
NFT Trader has not yet responded to requests for comment. #crypto #NFTMarketTrends #hacker
#hacker https://app.binance.com/uni-qr/cart/21746916308874?r=527648310&l=en-US&uco=5lCqzywZiw1KZJSmHkdIFw&uc=app_square_share_link&us=copylink
😨 The Sui Hacker Is Accumulating TONS of Ethereum 🚀 What Is He Planning?
🕵️♂️ New massive blockchain movements reveal that the hacker linked to the Sui exploit is purchasing huge amounts of ETH through Mayan Finance and CoW Protocol.
💥 Transfers of up to $999,000 USD in a single transaction 😳
💸 Are you looking to move your funds to a more stable asset or are you planning something even bigger?
📊 What does this mean for the price of Ethereum?
Should we be worried about a sell-off, or is it just an accumulation strategy?
📌 Useful Links:
👉🎁 Mystery Box on Binance
👉💹 Create your Binance account and receive rewards
👉💸 Earn up to $2,000 USDC with your referral link:
#SUİ #Ethereum #ETH #Hacker #cryptocurrencies
🕵️♂️ New massive blockchain movements reveal that the hacker linked to the Sui exploit is purchasing huge amounts of ETH through Mayan Finance and CoW Protocol.
💥 Transfers of up to $999,000 USD in a single transaction 😳
💸 Are you looking to move your funds to a more stable asset or are you planning something even bigger?
📊 What does this mean for the price of Ethereum?
Should we be worried about a sell-off, or is it just an accumulation strategy?
📌 Useful Links:
👉🎁 Mystery Box on Binance
👉💹 Create your Binance account and receive rewards
👉💸 Earn up to $2,000 USDC with your referral link:
#SUİ #Ethereum #ETH #Hacker #cryptocurrencies
#BTCBreaksATH #BNBBreaksATH #AmericaAIActionPlan The most boring and frustrating bull season will create the most millionaires. But, not if they are unable to protect their gains...
Go multisig and airgapped...
We are here to frustrate #Hacker
Go multisig and airgapped...
We are here to frustrate #Hacker
Infini Hacker’s Bold ETH Sales Amid Surging Ethereum Price
Binance Square readers, prepare to uncover the latest twists in the crypto realm!
The enigmatic Infini Hacker has captured the attention of the crypto sphere once more. In a daring move, they have chosen to liquidate a significant portion of their Ethereum holdings, taking advantage of the recent price rally. This decision raises intriguing questions and showcases the complexities of the crypto landscape.
The hacker, who previously made off with a substantial haul from the Infini stablecoin project, is now arguably influencing the market. Their large ETH sales have potentially impacted Ethereum's price trajectory, demonstrating the influence of individual actors within the volatile crypto ecosystem.
It's a reminder that the crypto market is a complex web of interconnected entities, where the actions of one can have ripple effects across the entire network. The Infini Hacker's bold move serves as a testament to the dynamic and ever-evolving nature of our beloved ecosystem, keeping us on our toes.
#Crypto #ETH #Hacker #MarketInfluences #PriceAction
$ETH
$ETC
Binance Square readers, prepare to uncover the latest twists in the crypto realm!
The enigmatic Infini Hacker has captured the attention of the crypto sphere once more. In a daring move, they have chosen to liquidate a significant portion of their Ethereum holdings, taking advantage of the recent price rally. This decision raises intriguing questions and showcases the complexities of the crypto landscape.
The hacker, who previously made off with a substantial haul from the Infini stablecoin project, is now arguably influencing the market. Their large ETH sales have potentially impacted Ethereum's price trajectory, demonstrating the influence of individual actors within the volatile crypto ecosystem.
It's a reminder that the crypto market is a complex web of interconnected entities, where the actions of one can have ripple effects across the entire network. The Infini Hacker's bold move serves as a testament to the dynamic and ever-evolving nature of our beloved ecosystem, keeping us on our toes.
#Crypto #ETH #Hacker #MarketInfluences #PriceAction
$ETH
$ETC
Following yesterday's cryptocurrency crash caused by the news of the Bybit hack, the market is attempting a technical rebound. Historically, the market has always shown the ability to absorb various cyber attacks. 🙃
Bybit is currently searching for wallets to recover the stolen ETH, a complex task given the operating mode of the NK collective, which is responsible for this sophisticated attack.
Bitcoin is trying to stay above 95k, where it has been consolidating an interesting structure for a few months (93-98k range).
Yesterday it even attempted to break above 99k, but this collapse was unwanted. 🤔
$ETH
$BTC
#Hacker
Bybit is currently searching for wallets to recover the stolen ETH, a complex task given the operating mode of the NK collective, which is responsible for this sophisticated attack.
Bitcoin is trying to stay above 95k, where it has been consolidating an interesting structure for a few months (93-98k range).
Yesterday it even attempted to break above 99k, but this collapse was unwanted. 🤔
$ETH
$BTC
#Hacker
GMX & MIM SPELL EXPLOITED FOR $12.9M – #HACKER MOVES FUNDS
A major exploit has hit #GMX (@GMX_IO) and MIM Spell (@MIM_Spell), with attackers draining approximately 6,262 ETH (~$12.9M) from related contracts.
The stolen funds were quickly bridged to Ethereum and split across three new wallets, suggesting the hacker is attempting to obfuscate the trail.
🔹 Hacked Contract: 0xAF9e33Aa03CAaa613c3Ba4221f7EA3eE2AC38649
🔹 New Wallets Holding the Funds:
0xa8f822E937C982e65b0437Ac81792a3AdA76A1ff
0x047C2a3dd1Ab4105B365685d4804fE5c440B5729
0x018182FD7B856AeE1606D7E0AA8bca10F1Cb0b5d
The exploit details are still unfolding—will the hacker cash out or be traced?
A major exploit has hit #GMX (@GMX_IO) and MIM Spell (@MIM_Spell), with attackers draining approximately 6,262 ETH (~$12.9M) from related contracts.
The stolen funds were quickly bridged to Ethereum and split across three new wallets, suggesting the hacker is attempting to obfuscate the trail.
🔹 Hacked Contract: 0xAF9e33Aa03CAaa613c3Ba4221f7EA3eE2AC38649
🔹 New Wallets Holding the Funds:
0xa8f822E937C982e65b0437Ac81792a3AdA76A1ff
0x047C2a3dd1Ab4105B365685d4804fE5c440B5729
0x018182FD7B856AeE1606D7E0AA8bca10F1Cb0b5d
The exploit details are still unfolding—will the hacker cash out or be traced?
🔐 Cyber News (Mar 31, 2024):
1️⃣ Etherscan: The #hacker responsible for breaching the #PrismaFinance liquid staking protocol engaged in negotiations with the project team. He expressed interest in returning the funds and presented a series of demands. The hacker wants the developers to hold a public online conference during which they will reveal their identities. Additionally, the unknown individual demanded that the team apologize to investors and users for their mistakes. Furthermore, the programmers are required to thank the hacker for the operation and announce collaboration on solving the issue. 🛡️
2️⃣ PeckShield: On March 29, 2024, PeckShield specialists reported a security incident involving the #EthenaLabs project. According to experts, unknown actors created a fake token, ENA, on the BNB Chain network. The incident occurred shortly after the launch pool with the Ethena Labs project on the Binance cryptocurrency exchange. The vulnerability underlying the exploit is still unknown. PeckShield reported a loss of 480 BNB, equivalent to $290,000. 💰
3️⃣ Vx-underground: An unknown group of cybercriminals has released malicious software targeting Call of Duty fans. Hackers are using it to steal bitcoins from players. Hackers are targeting users who use so-called cheat codes in Call of Duty. These are software solutions from unofficial providers that assist in gameplay. 🎮
4️⃣ Immunefi: In the first three months of 2024, as a result of 46 breaches and 15 fraudulent incidents, crypto projects lost over $321 million. This is 23.1% less than the same period last year when hackers stole over $437 million. 💸
5️⃣ TRM Labs: In 2023, the Tron blockchain accounted for 45% of all illegal cryptocurrency transactions. Mostly, this involves the #USDT stablecoin from Tether. 🔄
📢 What are your thoughts on this series of events?
1️⃣ Etherscan: The #hacker responsible for breaching the #PrismaFinance liquid staking protocol engaged in negotiations with the project team. He expressed interest in returning the funds and presented a series of demands. The hacker wants the developers to hold a public online conference during which they will reveal their identities. Additionally, the unknown individual demanded that the team apologize to investors and users for their mistakes. Furthermore, the programmers are required to thank the hacker for the operation and announce collaboration on solving the issue. 🛡️
2️⃣ PeckShield: On March 29, 2024, PeckShield specialists reported a security incident involving the #EthenaLabs project. According to experts, unknown actors created a fake token, ENA, on the BNB Chain network. The incident occurred shortly after the launch pool with the Ethena Labs project on the Binance cryptocurrency exchange. The vulnerability underlying the exploit is still unknown. PeckShield reported a loss of 480 BNB, equivalent to $290,000. 💰
3️⃣ Vx-underground: An unknown group of cybercriminals has released malicious software targeting Call of Duty fans. Hackers are using it to steal bitcoins from players. Hackers are targeting users who use so-called cheat codes in Call of Duty. These are software solutions from unofficial providers that assist in gameplay. 🎮
4️⃣ Immunefi: In the first three months of 2024, as a result of 46 breaches and 15 fraudulent incidents, crypto projects lost over $321 million. This is 23.1% less than the same period last year when hackers stole over $437 million. 💸
5️⃣ TRM Labs: In 2023, the Tron blockchain accounted for 45% of all illegal cryptocurrency transactions. Mostly, this involves the #USDT stablecoin from Tether. 🔄
📢 What are your thoughts on this series of events?
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