peckshield
Significant Crypto Hacks in December 2023, with Orbit Bridge Exploit Leading the Surge
In December 2023, a significant increase in crypto thefts was triggered by an $81.5 million attack on Orbit Bridge, marking one of the largest attacks on cross-chain bridges in recent years.
Jimbos Protocol Loses $7.5M in Ether Due to Security Breach, JIMBO Token Value Plummets
Security breach in Jimbos Protocol, a liquidity protocol operating under the Arbitrum system, resulted in a significant loss of 4,000 Ether (ETH), approximately worth $7.5 million, on May 28.
Platypus Finance Suffers Exploit Resulting in Over $2M Loss
Platypus Finance, a DeFi protocol on the Avalanche blockchain, suffered an exploit on 12th October 2023, leading to a loss of over $2 million. The protocol had temporarily suspended all pools due to suspicious activities and is working towards resolving the issue. Blockchain security firm PeckShield Inc identified and disclosed the exploit, underscoring the need for enhanced security measures in the DeFi space.
Tornado Cash Used to Siphon $500k from Hacked DAO Maker - PeckShield
Blockchain Security Company PeckShield and Crypto Security Specialist, CertiK have announced that a hacker laundered $500, 000 DAI stablecoins via Tornado Cash
DeFi Hackers Mint $11.6M in Stablecoins
Blockchain security firm PeckShield identified a hack that allowed an attacker to mint over 1 quadrillion Yearn Tether and then swap it for other stablecoins worth $11.6M. The attacker also managed to transfer 1,000 ETH to the cryptocurrency mixer Tornado Cash. DeFi protocols Yearn.finance and Aave have confirmed that their current contracts and protocols were not affected by the exploit.
Almost $5m Withdrawn from ZB.com in Possible Hack
The crypto exchange had halted client withdrawals on Tuesday, citing "temporary maintenance" of the platform, following which the suspected hacking of $4.8 million was executed.