The preliminary panic, which Gala Video games later implied was unfounded, got here after a single pockets deal with appeared to mint over $2 billion GALA tokens out of skinny air — which was flagged by blockchain safety agency PeckShield…
Hack
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Blockchain
$1B Crypto Hack Fears Spur 20% GALA Plunge, However Agency Implies It Attacked Itself as a Safeguard
by Jeremyby JeremyRouting protocol pNetwork mentioned it is working with Gala on a “misconfiguration” and that “all GALA tokens on Ethereum in addition to the underlying bridge collateral are Supply hyperlink
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Bitcoin NewsNews
Deribit crypto alternate halts withdrawals amid $28M scorching pockets hack
by Jeremyby JeremyDeribit alternate bought its scorching pockets compromised earlier than midnight UTC on 1, the agency reported on alternate emphasised that shopper funds are secure as losses are coated by Deribit’s reserves, stating:“Shopper belongings, Fireblocks or any of the…
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Bitcoin NewsNews
3Commas points safety alert as FTX deletes API keys following hack
by Jeremyby Jeremy3Commas and FTX performed a joint investigation in relation to stories from customers of unauthorized trades on the DMG buying and selling pairs on The duo recognized that hackers used new 3Commas accounts to carry out the DMG trades…
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Chances are you’ll know that BitKeep Swap was hacked on Oct 18, 2022 and resulted in asset loss for some BitKeep full compensation promised, we now have launched a redemption portal for this BitKeep Pockets (@BitKeepOS) October…
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Blockchain
DeFi Alternate Mango's $114M Exploit Was 'Market Manipulation,' Not a Hack, Ex-FBI Particular Agent Says
by Jeremyby JeremyChris Tarbell, co-founder boutique investigative agency NAXO, discusses why the $114 million exploit of Mango Markets was extra about market manipulation, reasonably than Supply hyperlink
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Blockchain safety firm PeckShield first drew consideration to the hack on 17 earlier than BitKeep confirmed the occasion throughout the early hours of The safety firm urged customers to revoke approval to their pockets on the time…
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Altcoin NewsNews
Wintermute repays $92M TrueFi mortgage on time regardless of struggling $160M hack
by Jeremyby JeremyAfter compensation of TrueFi’s $92 million mortgage, Wintermute nonetheless owes $75 million to Maple Finance in USD Coin (USDC) and wrapped ether (WETH) and million to Clearpool, a complete of million in Mortgage particulars present that Wintermute…
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