Latest Security Breach hits Arbitrum; Hedgey Finance Loses $1.9 Million in Hacker Attack

The post Latest Security Breach hits Arbitrum; Hedgey Finance Loses $1.9 Million in Hacker Attack appeared first on Coinpedia Fintech News The crypto market has suffered yet again, due to a recent exploitation on the ARB chain and a big hack on the Hedgey Finance token claim contract that resulted in a huge financial loss for the protocol. Attacker Steals Over $40 million in Tokens A web3 security firm, cyvers, flagged the hack and revealed that the attack on the…

Hacker Involved in $320 Million Wormhole Exploit Eligible for Airdrop

The post Hacker Involved in $320 Million Wormhole Exploit Eligible for Airdrop appeared first on Coinpedia Fintech News A significant twist in the narrative saw the hacker responsible for the massive $320 million Wormhole bridge exploit in 2022 as a candidate for the $50,000 airdrop of W tokens, a newly released token by Wormhole. As revealed by  Pland, a cyber sleuth working under a pseudonym, some of the wallet addresses connected with the Wormhole exploit were missed when excluding eligible…

Wormhole Bridge $320M Hacker Was Reportedly Eligible for W Tokens Airdrop

The hacker responsible for the $321 million Wormhole bridge hack was initially considered qualified for a recent airdrop of a newly launched W token where the explorer could claim $50,000. The Wormhole bridge suffered an exploit in February 2022, making it one of the most significant hacks in the crypto industry’s history. Wormhole Airdrop Lists Hacker as Eligible On April 3, Wormhole announced its airdrop of more than 675 million W tokens, worth about $850,000 at current prices, to eligible…

Fixed Float Exploited for $2.8 Million, Tether Freezes Hacker Addresses

The post Fixed Float Exploited for $2.8 Million, Tether Freezes Hacker Addresses appeared first on Coinpedia Fintech News FixedFloat, the fully automatic crypto exchange, has reportedly been a victim of yet another security breach. The hacker managed to take almost $2.8 million worth of crypto from the Ethereum chain hot wallet, with the platform’s access control issues to be blamed. The hack reported by CyversAlerts has left the exchange’s users bewildered and wondering as they wait for the platform to…

Prisma Finance Hacked For $11.6M; Hacker Claims Whitehat Rescue

DeFi protocol Prisma Finance is reeling from an $11.6 million hack, as the hacker claims a 'whitehat rescue', prompting industry scrutiny and caution. Hack Uncovered Decentralized finance (DeFi) protocol Prisma Finance fell victim to an exploitation, hemorrhaging over $10 million worth of cryptocurrencies on March 28. On-chain security alert provider Cyvers was quick to point out the anomaly on an X post, “Our system has detected multiple suspicious transactions with @PrismaFi and still ongoing! Total loss so far is around…

Prisma Finance’s Hacker Emerges as a White Hat with losses reaching $11.6 Million 

The post Prisma Finance’s Hacker Emerges as a White Hat with losses reaching $11.6 Million  appeared first on Coinpedia Fintech News The decentralized finance (DeFi) sector has suffered a huge blow as Prisma Finance was hacked in an advanced way, and as a consequence, $9 million was gone. With the latest report, the stolen amount has reached $11.6 million. Cyvers, a leading Web3 cybersecurity company, was among the first identifiers of abnormal transactions in connection with the Prisma Finance attack. It…

Prisma Finance Hacker Claims ‘Whitehat Rescue’ After $11.6 Million Exploit

Prisma Finance’s hacker, who stole $11.6 million from the decentralized finance (DeFi) protocol, claims the exploit was a “whitehat rescue” and is enquiring who to contact to refund the funds, according to on-chain messages. A white hat hacker tries to find security vulnerabilities in software code using their hacking skills. Attacker Claims ‘Whitehat Rescue’ Before Moving Funds Six hours following the Prisma Finance hack, the attacker sent a message claiming it was a “whitehat rescue” aimed at helping the platform,…

Munchables Hacker Returns Stolen Crypto Funds Worth Over $62 Million

The Munchables hacker, who recently exploited a weakness in the protocol and drained more than $62 million worth of Ether (ETH), has returned the keys holding the stolen funds. According to blockchain sleuth ZachXBT, the hacker allegedly worked as a developer on Munchables and has possible ties to North Korea. Munchables Loses Over $62 Million in ETH Munchables, a Web3 gaming protocol on the Blast network, suffered an exploit on Tuesday, March 26, which led to the loss of over…

White-Hat Hacker Exploits Super Sushi Samurai Crypto Game For $4.6M

A white-hat hacker targeted the Super Sushi Samurai crypto game for a $4.6 million exploit on the Blast network, highlighting ongoing security challenges within the ecosystem. SSS Game Hacked The Super Sushi Samurai (SSS) project, a new gaming token on the layer-2 network Blast, faced a significant setback just days after its launch. An exploit led to a massive loss of $4.6 million, which the team disclosed on its X platform. The team further announced on its Discord channel, "We…

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