Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Hacker
Euler Hacker Congratulates Penpie On $27.3M Tornado Cash Laundering
The post Euler Hacker Congratulates Penpie On $27.3M Tornado Cash Laundering appeared first on Coinpedia Fintech News In a recent turn of events, the Euler Finance exploiter pats the back of the Penpie hacker by sending him a message saying, “Good Job.” The former exploiter stole almost 200 million dollars in March 2023 from Euler Finance and is yet to return it despite multiple attempts. Meanwhile, the Penpie hacker has stolen 27.3 million dollars worth of acid and recently laundered…
9 months ago
Wazirx Hacker Movers Another 5,000 ETH
The post Wazirx Hacker Movers Another 5,000 ETH appeared first on Coinpedia Fintech News Data from etherscan shows that the Wazirx hacker address 0x58D3…..8E7a has transferred 5,000 ($11.94 m) Ether to a new address 0x2D29…a968. Out of which the hacker has already sent 1,600 ($3.8 m) to tornado cash and 3,399.92 ETH are still sitting in the same wallet. As earlier hacker sent multiple transactions with 100 ETH each.The former wallet now has a remaining balance of 10,290 ETH worth $24.58…
9 months ago
Penpie Hacker Sends $9.66M in ETH to Tornado Cash
The post Penpie Hacker Sends $9.66M in ETH to Tornado Cash appeared first on Coinpedia Fintech News Following the hack, the Penpie hacker transfers the stolen funds despite the generous offer of a white hat bounty from the team. As of now, the hacker has successfully transferred 4,000 ETH worth $9.66 million using the help of Tornado Cash, an anonymizing service. Following the recent funnel, the hacker is left with 7,263 ETH worth almost $18 million in the known wallets.
9 months ago
WazirX Users Likely to Lose 50% Funds, Hacker Moves 2600 ETH
The post WazirX Users Likely to Lose 50% Funds, Hacker Moves 2600 ETH appeared first on Coinpedia Fintech News Wazirx, one of the biggest Indian crypto exchanges, is still in hot waters. In the aftermath of the massive $234 million hack that hit WazirX, the Indian cryptocurrency exchange is facing intense scrutiny and significant challenges. With over 43% of customers’ funds at risk, the road to recovery seems long and uncertain. Let’s break down what’s happening and what it means…
9 months ago
Hacker Phishes off $55 Million In DAI from Crypto Whale
A recent phishing attack targeting a prominent crypto whale has resulted in the theft of approximately $55 million worth of Dai tokens, drawing attention to the growing sophistication and frequency of cyberattacks within the Web3 ecosystem. Attack Details According to reports from blockchain analytics firm Lookonchain and cybersecurity experts at CertiK, the phishing scam was orchestrated by an entity identified as "Fake_Phishing187019." The attacker successfully siphoned off 55,473,618 Dai tokens by exploiting vulnerabilities in externally owned accounts (EOAs). Similar to…
10 months ago
Solana-Based Memecoin Rug Pulled By McDonald’s Hacker, Market Cap Plummets 98%
The crypto ecosystem has seen a surge in memecoins and their popularity over the past year. Still, the craze has ushered in a wave of scams and rug pulls targeting unsuspecting investors. The latest victim of this trend is the Solana-based GRIMACE coin, which was the subject of a rug pull. GRIMACE Surges 400% After McDonald’s Instagram Hack The incident began when hackers accessed the official McDonald’s Instagram account and used the platform to promote the GRIMACE token. The hackers spread misinformation, falsely…
10 months ago
Unizen Hack Update: Over $2 Million Laundered by Hacker Through Tornado Cash
The post Unizen Hack Update: Over $2 Million Laundered by Hacker Through Tornado Cash appeared first on Coinpedia Fintech News The hacker from the March 2024 Unizen exploit has over $2 million laundered through the Tornado Cash mixer. The cyber security firm Peckshield Alerts reported that the attacker has laundered 865.4 ETH, equivalent to about $2.16 million obtained from the exploit wallet. This activity occurred 151 days after the first attack which was a loss of $2.1 million owing to…
10 months ago
Convicted Hacker Linked to Sydney Sweeny & Odenkirk Celebrity Crypto Hacks
The post Convicted Hacker Linked to Sydney Sweeny & Odenkirk Celebrity Crypto Hacks appeared first on Coinpedia Fintech News Chainsleuth Zachxbt recently investigated the convicted UK hacker Gurv (Gurvinder Bhangu) and found that he was involved in the recent hack of X accounts of celebrities Sydney Sweeney and Bob Odenkirk, which siphoned $530K Solana meme coins. The Sydney Sweeney incident On July 2nd, the Twitter (X ) account belonging to actress Sydney Sweeney was hacked through SIM swapping. The hack resembles the…
10 months ago
Here’s How White Hat Hacker Saved $450 Million in DeFi Hack
The post Here’s How White Hat Hacker Saved $450 Million in DeFi Hack appeared first on Coinpedia Fintech News This is notoriously so in DeFi where a hack is disastrous to projects or investors involved in the token so the traditional policing does not adequately suffice, and the developers equally do not have the expertise on the high-risk negotiations. Enter Ogle, a pseudonymous white hat hacker, who has become a beacon of hope by recovering over $450 million from 40…
11 months ago