HACK
Allbridge Provides Compensation Plan for Hacked Users
Allbridge has posted a recovery plan after being hacked for $573,000 on April 1, stating that users with funds stuck on the token bridge are first in line to receive compensation. Allbridge has already started the compensation process for users despite only recovering part of the funds. The protocol aims to fully compensate those affected by the exploit with funds available to them.
BitKeep Compensates Users After $8M Hack
BitKeep has fully compensated 11,090 users affected by the Dec. 26, 2022, hack that resulted in an estimated $8 million loss. BitKeep will rebrand to Bitget Wallet and have access to Bitget’s $300 million User Protection Fund for future security threats.
Nigerian Crypto Investors Face Account Freezing
Nigerian crypto investors using P2P services are concerned about the Central Bank of Nigeria (CBN) flagging their bank accounts due to their connection to the Flutterwave hack. The situation has discouraged P2P users from using OTC markets, causing businesses to crumble and possible legal repercussions.
Euler Finance Hacker Returns Majority of Stolen Funds
The hacker behind the $196 million exploit on lending protocol Euler Finance has returned the majority of the stolen assets, including 51,000 ETH and 7,737 ETH, worth a total of over $101 million at the time of writing. The hacker still controls some of the stolen assets, and the hack is considered the largest DeFi hack of 2023.
Mt. Gox Creditors Given Extra Month to Register Claims, Distribution Deadline Delayed
The registration deadline for Mt. Gox creditors has been pushed back by another month, allowing creditors to file claims until April 6. The distribution of assets to creditors will now start from Oct. 31 instead of Sept. 30. Mt. Gox creditors have been waiting for years to get compensated for losses incurred because of the exchange hack in 2014. The extension in the deadline means that creditors will have another month to decide whether to take a lower amount now or wait another nine years to get the full amount.
FTX Affirms to 'Unauthorized Access’ to Some Assets, Working With Law Enforcement
After confirming the recent incident of unauthorized access" to its crypto holdings, citing a hack, FTX’s general counsel Ryne Miller took to his Twitter on Saturday to explain that the exchange is now working with law enforcement
FTX Officials Says the Exchange Has Been Compromised by Hackers
Despite being the most embattled exchange, FTX has suffered a multi-million cyberattack
Scammers Put Gate.io users at Risk as Exchange's Twitter Account Gets Hacked
Gate.io hacked Twitter account appears to be promoting a fake giveaway of 500,000 USDT, putting users at risk of losing funds.
Hacker Steals $1m from Multi-Chain Crypto Wallet BitKeep
BitKeep was robbed of $1 million in crypto tokens. The users who were robbed had approved their tokens on BitKeep's swap service - called a swap router - on the BNB Chain and Polygon.
Another Major Crypto Hack in Less a Week, $100M Stolen
Mango Markets was exploited after manipulation in the price of the crypto exchange's native MANGO token via an oracle price manipulation attack.
Mt.Gox Sets Jan 10 as Deadline for Creditors to Register for Compensation
There seems to be a beam of light for customers of bitcoin exchange operator Mt.Gox as a date has been set for creditors to register and choose a repayment plan for them to recover their lost funds
Another Major Crypto Hack as $100M BNB Stolen
Roughly $100 million of Binance Coin was stolen after an exploit occurred on a bridge between blockchains.
Transit Swap Losts $21m on Code Bug Exploit, Hacker Returns 70% of Stolen Funds
Transit Swap, a decentralized exchange, lost $21 million because of a software bug. The bug could have been avoided if more thorough testing had been conducted before release.
DeFi Protocol Wintermute Suffers $160M of Hack: CEO
Cryptocurrency market maker and Decentralized Finance (DeFi) lending protocol Wintermute has been hacked with over $160 million lost.
Twitter Account of PwC Venezuela Gets Hacked
The Venezuelan arm of the giant accounting firm, PwC Venezuela was under attack as its official Twitter page has been displaying a phishing link to a fake XRP token giveaway.