The post Zilliqa Suspends ZIL Transfers After Exchange Partner Cold Wallet Theft appeared first on Coinpedia Fintech News

Zilliqa said an exchange partner suffered a security incident in which ZIL was stolen from a cold wallet. The blockchain team is investigating the incident with relevant parties and has asked exchanges to temporarily pause ZIL deposits and withdrawals to help prevent the movement or sale of the stolen funds. The affected exchange and the …

The post LayerZero Executor Wallets Reportedly Compromised in $2.4 Million Crypto Theft appeared first on Coinpedia Fintech News

Blockchain security firm PeckShield said Specter has reported that LayerZero Executor wallets appear to have been compromised, with about $2.4 million in crypto drained across multiple networks, including Ethereum, BNB Chain, Base, Arbitrum, Avalanche, Optimism, Mantle and Plasma. The attacker reportedly bridged the funds to Ethereum and converted most of the assets into 956 ETH …

The post Hedera Network Reportedly Hit by $5.25 Million Exploit appeared first on Coinpedia Fintech News

Blockchain security firm PeckShield said Specter has reported a suspected exploit on the Hedera network, with about $5.25 million in stolen funds bridged from Hedera to Ethereum. According to the report, the attacker initially funded the wallet with 1 ETH from Tornado Cash and currently holds about 2,360 ETH and 15.58 WBTC. The incident could …

The post Summer Finance Suffers $6 Million Ethereum Exploit appeared first on Coinpedia Fintech News

Summer Finance was exploited for about $6 million on the Ethereum network after an attacker targeted the protocol’s smart contracts and drained funds. The incident affects the platform and may raise security concerns for its users. The source does not confirm any wider market impact or related losses. The next steps are expected to include …

The post Humanity Protocol Reveals Cause of $31M Exploit appeared first on Coinpedia Fintech News

Humanity Protocol has confirmed that the June 8 attack resulted from a compromised developer machine infected with malware. The attacker gained root access and obtained seven private keys that had been unintentionally backed up to the device during the project’s mainnet launch, including the admin hot wallet key and six Safe owner keys across Ethereum …

The post Syscoin Pauses Bridge After Exploit Creates 5B Unauthorized SYS appeared first on Coinpedia Fintech News

Syscoin has paused its Bridge after a security incident that resulted in the creation of approximately 5 billion unauthorized SYS tokens. In a preliminary postmortem, the team said an attacker exploited a validation flaw in the Bridge process, causing the system to incorrectly accept a transaction proof and generate the unauthorized outputs through the UTXO …

The post Supra Labs CEO’s X Account Hacked in Fake Token Promotion Scheme appeared first on Coinpedia Fintech News

The X account of Supra Labs CEO Josh Tobkin was compromised on June 5, with attackers using the profile to promote fraudulent $SUPRA tokens on Solana and Ethereum and direct users to a phishing airdrop website. Supra Labs quickly warned users not to send funds or connect wallets, stressing that its official token operates on …

The post Arthur Hayes Exits Zcash After Orchard Exploit appeared first on Coinpedia Fintech News

Crypto investor Arthur Hayes said he sold his entire Zcash position following disclosure of the Orchard Pool vulnerability that could have enabled undetectable counterfeit ZEC creation. While he described exploitation as unlikely, he argued that the possibility cannot be cryptographically ruled out. The decision matters because Zcash’s value proposition is built on strong privacy guarantees …

The post Kelp DAO Hackers Launder Nearly All Recoverable Funds appeared first on Coinpedia Fintech News

Hackers linked to North Korean cyber group TraderTraitor have laundered nearly all of the roughly $220 million in unfrozen funds stolen in the Kelp DAO bridge exploit, according to on-chain tracking data. The funds were moved through privacy-focused services including THORChain, Wasabi, Tornado Cash, and Umbra, making tracing significantly more difficult. Only about $1.7 million …

The post Gravity Bridge Exploit Results in $5.4 Million Crypto Loss appeared first on Coinpedia Fintech News

Gravity Bridge was exploited in a security breach that resulted in the theft of approximately $5.4 million in digital assets. The stolen funds included about $4.3 million in USDC, 274 ETH worth roughly $553,000, $434,000 in USDT, and PAYG tokens valued at around $64,000. Blockchain investigators reported that part of the funds has already been …