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Showing posts with the label hack

Trust Wallet discloses Jan. 17 third-party breach

Hackers attacked a Binance-backed Trust Wallet on Jan. 17 but failed to compromise any meaningful customer data thanks to the provider’s quick reaction. In a Jan. 29 X post, Trust Wallet disclosed a security breach suffered by its third -party customer support service. The issue was discovered during a routine security check and swiftly addressed so no user funds were lost. Private keys or seed phrases were not stolen, and the attackers only managed to briefly interact with a filing system maintained between Trust Wallet and its customer service firm.  The unauthorized access was limited to the names/nicknames and email addresses used to file a support ticket with us via the third -party system. The inner contents of tickets were not accessed. Trust Wallet X post Hey Trust Wallet Customer Support Users, On January 17, 2024, the third -party customer support service we use experienced a security breach . Firstly, no user funds were at risk from the breach . We swiftly contai

Hacker drains over $1m from Levana Protocol

In an X thread, Levana said the attacker succeeded in draining approximately 10% of its liquidity pools. Decentralized finance startup Levana Protocol suffered a security exploit, resulting in a loss of $1.14 million. The project’s statement on X revealed that the exploit “began 14 days ago,” orchestrated by seven wallets believed to be controlled by a single bad actor. Levana stated that the attacker initially drained around 4% of its liquidity providers, later escalating to an additional 5% “until the protocol was closed from new positions being opened.” Important Update on Levana's Security Situation! There was an oracle attack on Levana impacting ~10% of the LP. The issue has been fixed and opening positions will relaunch next week. Trader profits, closing positions, withdraws and trigger orders are working as expected. — Levana Protocol (@Levana_protocol) December 27, 2023 You might also like: Thunder Terminal suffers hacker attack, losses amount to $240k The L

Crypto losses soar to $173m in November, driven by Poloniex hack

November sees a dramatic spike in cryptocurrency losses , totaling $173 million, with major hacks at Poloniex and a phishing incident leading the surge. November has witnessed a significant surge in financial losses due to crypto hacks, with the total reaching approximately $173 million. This figure is primarily driven by two major events that account for 91% of the total losses . According to CertiK, November has already recorded the fourth-highest monthly losses in 2023.  #CertiKSkynetAlert #ICYMI Losses in November had so far reached $173 million with two incidents making up 91% of the losses . 10 Nov: Poloniex ~$131m 11 Nov: Phishing incident ~$27m November already has the 4th highest losses of any month this year. — CertiK Alert (@CertiKAlert) November 17, 2023 You might also like: Poloniex hot wallet hacked with losses reportedly over $33m This surge was driven by the recent hack of Poloniex. Hackers infiltrated the exchange’s hot wallet, leading to a substant