Sui Approves Return of $162M in Frozen Exploit Funds
TL;DR Sui approved the return of $162 million to those affected by the Cetus exploit, which took place on May 22 and resulted in losses exceeding
Exploit (Latest Publications)
Cork Protocol Suffers Major Exploit as $12M in Wrapped ETH Disappears
TL;DR Cork Protocol, a DeFi platform for trading risks related to pegged assets, was hit by an exploit that led to the theft of 3,762 wstETH,
Cetus DEX Takes a Step Toward Recovery With Sui Community Vote – CETUS Token SkyRockets 30%!
TL;DR Community Vote for Recovery: The Sui community is voting on a proposal to transfer approximately $162 million in frozen funds from a hacker’s wallet into
Cetus Exploit Post-Mortem: Code Error Led to Massive Losses on Sui
TL;DR Sui managed to freeze $162 million after the Cetus hack and announced a $10 million investment to strengthen audits and security. The incident triggered criticism
SlowMist Confirms Code Vulnerability Behind Massive Cetus DEX Exploit
TL;DR SlowMist identified that a critical vulnerability in the `checked_shlw` function allowed the attacker to simulate massive liquidity deposits with just a single token. The exploit
Cyvers Reports Sophisticated Zero-Value Transfer Scam Costing Victim $2.6M
TL;DR A crypto investor lost $2.6M in stablecoins after falling victim to a sophisticated double phishing scam that exploited zero-value transfers. In a three-hour window, fraudulent
Cetus’ Daring Deal: $6M Bounty Offered to Recover $56M in Stolen Funds
TL;DR Bounty Offer: Cetus Protocol is offering a $6M reward to the hacker if they return 20,920 ETH, approximately $56M in stolen funds from a $223M
Crypto Crime 2.0: Crypto Drainer-as-a-Service Steals the Spotlight at IT Fairs
TL;DR Accessible Crypto Crime: Crypto drainers have evolved into a Drainer-as-a-Service model, enabling even low-skilled criminals to launch sophisticated crypto thefts for as little as $100.
Pig Butchering Scams Hit All-Time High, According to Chainalysis
TL;DR Pig butchering scams hit an all-time high in 2024, with a 40% increase in revenue to $9.9 billion, according to Chainalysis. Scammers increasingly leverage AI
Ethereum DeFi Protocol UniLend Finance Exploited for Nearly $200,000
TL;DR UniLend Finance was exploited for nearly $200,000 due to a vulnerability in its smart contract. The team is working with blockchain security experts to investigate
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