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 …

The post Stake DAO Hit by 5.44T Token Exploit appeared first on Coinpedia Fintech News

Stake DAO was exploited on Arbitrum after an attacker reportedly obtained the protocol’s deployer private key and changed the LayerZero v2 peer configuration for vsdCRV. By setting an arbitrary peer, the attacker forged a malicious cross-chain message that triggered the unconditional minting of roughly 5.44 trillion vsdCRV tokens to their wallet. Blockchain security firm Blockaid …

The post Fake Uniswap Google Ads Steal Over $400K in Crypto Phishing Scam appeared first on Coinpedia Fintech News

Crypto scammers have stolen at least $400,000 through fake Uniswap Google ads that redirected users to phishing websites designed to drain wallets. On-chain analyst b-block said attackers used sponsored search results to impersonate the platform, while Stacy Muur noted victims clicked paid ads believing they were official links. The warning highlights a broader rise in …

The post WUSD Exploit Drains Nearly $20K From GLO Liquidity Pools appeared first on Coinpedia Fintech News

Ethereum-based WUSD/GLOVE protocol was exploited after attackers abused a reward mechanism to mint GLO tokens through multiple fresh wallet addresses. The attacker reportedly used flash-loaned USDT to repeatedly trigger reward payouts, then sold the minted GLO into protocol liquidity pools. Around $19,800 in USDC and USDT was drained from the GLO-USDC and GLO-USDT pools before …

The post StablR Stablecoins Depeg After Multisig Exploit Mints Millions in Fake Tokens appeared first on Coinpedia Fintech News

StablR suffered a security breach on Ethereum after attackers exploited a weak multisig wallet setup that required only one signature for approval. The attacker reportedly gained access to a key holder’s wallet, added malicious owners to the multisig, and minted about 8.35 million USDR and 4.5 million EURR tokens. The exploit caused both stablecoins to …