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Tag: hack

Cypher announces recovery plan, says it will ‘socialize’ losses in initial stage

August 23, 2023 wp-bot Cointelegraph

Cypher announced that losses from the exploit will be distributed among users in an initial stage, then compensated through protocol revenue when the platform relaunches.

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Multichain victims search for answers in $1.5B exploit as new evidence emerges

August 23, 2023 wp-bot Cointelegraph

Chinese police may have busted Multichain in a money laundering investigation, but many questions remain, including its CEO’s alleged fake ID.

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Cypher Protocol reveals $600K of stolen funds is now frozen on CEXs

August 18, 2023 wp-bot Cointelegraph

Solana-based Cypher Protocol has managed to stop around $600,000 of stolen funds from exiting various centralized exchanges.

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Base project RocketSwap shares emergency plan following $865K exploit

August 15, 2023 wp-bot Cointelegraph

RocketSwap Labs plans on reaching out to the exploiter on-chain, who stole an estimated $865,000 from the protocol on Aug. 14.

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Weekend Wrap: Uniswap dev sacked for alleged rug, Steadefi hacker goes mixing and more

August 14, 2023 wp-bot Cointelegraph

Uniswap developer AzFlin has admitted to creating the FRENS token but has argued what he did doesn’t constitute a rug pull.

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Newly discovered Bitcoin wallet loophole let hackers steal $900K — SlowMist

August 10, 2023 wp-bot Cointelegraph

A series of attacks drained the wallets of BTC users by exploiting a faulty random seed generation algorithm.

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