Attentive phishers noticed when Andreessen Horowitz partner Peter Lauten changed his Twitter username from @peter_lauten to @lauten, and snapped up the previous username. They then began contacting various targets in the cryptocurrency world, asking to set up meetings to arrange appearances on the venture capital firm's crypto podcast.The...
After suffering a $20 million loss in a June 10 hack, the UwU Lend defi lending protocol has now seen another $3.7 million in suspicious outflows only days later. Although UwU Lend paused the protocol after the attack, they re-enabled it on June 12, claiming to have identified and resolved the vulnerability. This apparently wasn't...
Terraform Labs and its former CEO Do Kwon have agreed to settle the SEC's civil action against them with a $4.5 billion payment of disgorgement, interest, and penalties. Kwon and the company were behind the collapsed Terra/Luna stablecoin project, which imploded in May 2022. It was among the first dominoes in what ended up being...
The UK-based Lykke crypto exchange suffered an exploit that saw more than $23.6 million stolen from the platform. The platform shut down trading two days later, and some customers reported seeing balances of 0 in their accounts.The theft was first noticed by outside researchers, who saw the suspicious outflows and accused the platform...
The defi lending protocol UwU Lend was hacked for around $20 million. After various blockchain security firms observed suspicious outflows of funds, the protocol acknowledged there had been a "situation" on their Twitter account, and wrote that they had paused the protocol while they were investigating.UwU Lend was founded by Michael...
Although Loopring markets its wallet application as "Ethereum's most secure wallet", that's evidently a pretty low bar. They disclosed that they had suffered a breach in their wallet recovery service, which allows individuals to designate trusted entities to recover assets or freeze compromised accounts. An attacker was able to "recover"...
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