Hack

Over the weekend, South Korean Karaoke service SOMESING suffered a hack that stole hundreds of millions of SSX tokens. This hack has made crypto exchanges in South Korea alert users and take provisionary actions to minimize…

Details of the supposed hack were being discussed in real time as members of the decentralized autonomous organization (DAO) mulled involving U.S. law enforcement.  The so-called Saga DAO lost a chunk of its treasury. Around $60,000 in…

Crypto data and news providers Cointelegraph, WalletConnect, Token Terminal, and De.Fi email addresses are sending phishing emails. In a Jan. 23 Telegram post, pseudonymous blockchain sleuth ZachXBT warned emails from domains under the…

The liquidity manager app Concentric experienced a significant security breach today on the Arbitrum network. The breach involved a social engineering attack that enabled the unauthorized acquisition of a critical private key. This key…

The mighty SEC had its Twitter (X) account hacked and the culprits threw up a Tweet stating that they’d approved the much anticipated spot bitcoin exchange-traded fund (ETF).The SEC's account gets hacked, the news comes out, the denial…

This week, Orbit Bridge suffered an $82 million exploit, while Bitcoin (BTC) slumped upon escalating FUD following a retest of $45,000. Meanwhile, the approval window of a spot BTC ETF draws closer. Orbit loses $82M in hack On Dec. 31,…

The safety of cold crypto wallets is now in question following the cyberattack on Ledger, one of the popular cold crypto wallets, and the theft of $484,000 in digital currencies. Ledger explained that its security was breached as “a former…

A TRM Labs research has revealed that the cryptocurrency industry witnessed a downturn in hack volumes in 2023, with a more than 50% reduction compared to the previous year. Despite a consistent number of attacks, around…

An unidentified decentralized crypto exchange and Nirvana Financial, a decentralized financial yield protocol, were both compromised in a hacking incident, which a software engineer admitted to. A maximum five-year prison term…

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.Cointelegraph interviewed Velvet Capital’s CEO on the…