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#crypto hack

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Ethereum-Based Altcoin Project Suffers Ongoing Exploit, Millions of Dollars Stolen
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Ethereum-Based Altcoin Project Suffers Ongoing Exploit, Millions of Dollars Stolen

Key Highlights: A third attacker exploited the same governance mechanism to drain approximately 550,000 X tokens in remaining liquidity from Uniswap V3. Across three separate operations, malicious actors have siphoned roughly 4.85 million USDT alongside 550,000 X tokens. According to cybersecurity firm Blockaid, the exploit remains active, with about 12.2 million X tokens still stored ...

Hacker Mints $2.7M in Crypto as Initia Blockchain Grinds to a Halt
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Hacker Mints $2.7M in Crypto as Initia Blockchain Grinds to a Halt

Key Highlights The Initia Layer 1 blockchain halted operations at block height 23365925 after an exploit drained roughly $2.7 million in assets. Agora confirmed that the AUSD stablecoin and its underlying smart contracts were not compromised, as AUSD is not deployed on Initia. South Korean exchange Upbit suspended INIT deposits and withdrawals, while the INIT ...

Triple-A Exploiter Transfers $12.4 Million in ETH to Tornado Cash
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Triple-A Exploiter Transfers $12.4 Million in ETH to Tornado Cash

Key Highlights: Blockchain security firm Salus revealed that the hacker behind the July breach of digital currency payments firm Triple-A transferred roughly $12.4 million in Ether into crypto mixer Tornado Cash. The illicit movement followed cross-chain bridging and token swaps, with the attacker routing 4,970 ETH across 56 total transactions on September 6. Triple-A previously ...

Ledger Hack Scare Approaches $90M as Tether Freezes Stolen USDT
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Ledger Hack Scare Approaches $90M as Tether Freezes Stolen USDT

Key Highlights: Hardware wallet provider Ledger warned customers who bought devices from official Southeast Asian reseller CryptoBilis within the last 90 days to halt setup or move funds following suspected security compromises. Security researchers estimate total losses between $86 million and $90 million across Bitcoin, Ethereum, and Tron, prompting stablecoin issuer Tether to freeze linked ...