THORChain, a decentralized exchange protocol between blockchains, submitted the v3.19.0 update to a vote of its validators on June 8, which includes security patches and an 11-step recovery plan. The network has been down since May 15, when a malicious validator node drained $10.7 million in Bitcoin, Ethereum, BNB Chain, and Base assets, according to … Read more
Attackers exploited a vulnerability in a Radiant Capital smart contract. The affected networks were BNB Smart Chain and Arbitrum, L2 of Ethereum. Radiant Capital, a decentralized finance (DeFi) app, was attacked on October 16 by hackerswho managed to extract more than $50 million from the BNB Smart Chain (BSC) and Arbitrum (ARB) networks, Ethereum’s largest … Read more
Cryptocurrency exchange BingX suffered a hack that resulted in the loss of $43 million in various crypto assets, including thousands of ether (ETH), BNB, and millions of MATIC tokens, among others. Cybersecurity firm PeckShield was the first to report about this attack, highlighting that most of the funds stolen were extracted from the Ethereum and … Read more
Binance has issued an alert about a “global threat” from hackers. According to the exchange’s security team, the attackers are reportedly running malware capable of stealing cryptocurrencies through compromised applications. “We have identified a global malware issue that is significantly impacting cryptocurrency transactions by altering withdrawal addresses during the transaction process.” Binance According to the … Read more