Hacker Carts $1M in Another Vanity Address Breach

Amidst a rise in DeFi breaches, yet another address from Ethereum vanity wallet address generator Profanity has fallen victim to an attack. A malicious actor was able to exploit a vulnerability in the tool and make off with almost $1M worth of ETH. This comes roughly a week after DEX aggregator 1Inch spotted and highlighted the weakness in Profanity-generated addresses.  Hacker Steals 732 ETH Blockchain security company Peckshield called attention to the latest attack early on Monday. The firm published…

Hackers Drain Over $3 Million From Ethereum “Vanity” Addresses

Ethereum addresses generated by an abandoned Ethereum vanity tool have been stripped of over $3 million in assets by exploiters. The tool – called “Profanity” – used an insecure method for generating public keys, from which users’ private keys could be extracted.  Unsafe Keys The popular decentralized exchange aggregator 1Inch first noted the vulnerability on Thursday, just hours before it started being exploited.  “Run, you fools,” tweeted 1Inch. “Your money is NOT SAFU if your wallet address was generated with…

Slope Wallet Promises 10% Bounty For Return of Community’s Stolen Funds

The Slope Wallet team has promised a 10% bounty to the anonymous hacker who compromised several thousand Slope users’ wallets earlier this week. In return, Slope would like the hacker to return the other 90% of the stolen goods.  A Promise of Safety In a statement on Friday, Slope called on the hackers to examine its bounty offer for the safe return of user funds. It offered a Solana address to which to send those funds, which is yet to…

Hacker Who Stole Records of 1B Chinese Citizens Demands 10 Bitcoins

An anonymous hacker named ChinaDan recently offered to sell the personal data of 1 billion Chinese residents for 10 Bitcoins. While there are uncertainties to this claim, Changpeng Zhao and others ask users to beware. Attack on Shanghai Police Database The hacker allegedly came by the information through a cybersecurity attack that took place earlier this year. According to Reuters, the breach leaked resident details contained in a database in possession of the Shanghai National Police (SHGA). Security experts have…

N. Korea Feels the Pinch as Value of Stolen Crypto Plunges Amid Weapon Tests

North Korea is experiencing hardship after the crypto crash wiped off millions from its stash of stolen digital assets. Reuters reported on June 29, citing four digital investigators. According to the investigators, the bear market threatens a key funding source for Pyongyang and its weapons programs. Allegedly, North Korea has invested heavily in sophisticated crypto hacking groups over the years. As a result, the country has become a significant threat, successfully orchestrating multiple high-profile attacks on the crypto space. An…

Over $2 Million Drained From Terra’s Mirror Protocol in New Exploit

Another DeFi exploit has drained over $2 million in crypto from a protocol on Terra Classic, shortly after its historic collapse. If the developers wouldn't have fixed it quickly, the hackers could have stolen far more money. The governance participant “Mirroruser” of the Terra Research Forum was the first to discover the exploit on Monday. He noted that the attack drained all the pools bridging to Bitcoin, Ethereum, and Polkadot. “All other pools will get drained as soon as new…

Binance Reclaims $5.8 Million from the Ronin Bridge Hack

Binance has recovered $5.8 million worth of tokens stolen from Axie's Ronin Network late last month. In March, malicious hackers initially ripped off a total of about $600 million. This means more than 99% of the loot yet remains awol.  Binance Shows Support The hack of Axie Infinity's Ronin Network last month resulted in a loss of about 173,000 ETH and 25.5 million USDC. CZ, the CEO of Binance, said on Friday that the hackers, "Lazarus Group" distributed the stolen…

White-Hat Hacker Discovers Lethal Bug on Coinbase Interface

Major crypto exchange Coinbase has resolved a serious vulnerability in its trading interface. The discovered glitch could have caused the exchange to lose hundreds of millions of dollars. Security researcher "Tree of Alpha" discovered the lethal bug and reported it via Coinbase’s bug bounty program Coinbase assures that the bug was not maliciously exploited before its response team patched it. How the Bug Worked It began with a report from an ethical hacker, filed to Coinbase’s security team on the…

Robinhood Hack – 7 Million of Users Exposed

In today's world, data is the new oil. Businesses everywhere compete to gather valuable data about their customers. This way, they can target them more effectively and boost their sales. Without customer and financial data, businesses cannot be successful. Similarly, data security is a critical facet of any thriving enterprise. As a result, companies funnel millions of dollars into advanced data security protocols to keep data theft at bay. Nevertheless, we hear about security threats and data leaks from time…

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