Balancer Loses $70 Million in Third Security Breach
Balancer lost at least $70 million in a smart contract exploit that drained liquidity pools on November 3.
Bitcoin, markets and the ideas moving crypto.
20 stories · 19 Sep 2024 – 3 Nov 2025
Balancer lost at least $70 million in a smart contract exploit that drained liquidity pools on November 3.
Crypto scams are rising fast, with fraud losses hitting $5.6 billion in 2023—knowing how to spot them is key to protecting your money and identity.
Coinbase quickly stopped a supply chain attack on its agentkit AI tool after hackers tried to insert malicious code through GitHub’s CI/CD system.
Bybit lost $5.2B after a $1.5B hack but secured $172.5M fast, kept withdrawals open, and won industry praise for its swift and transparent response.
The crypto community is divided as experts debate an Ethereum rollback after Bybit’s $1.4B hack, questioning immutability and security principles.
OKX rejects Bybit’s claims and denies EU scrutiny over its role in the hack, calling Bloomberg’s report misleading and defending its Web3 services.
The US, Japan, and South Korea condemn North Korea's $1.3 billion crypto theft in 2024, urging stronger collaboration to counter cyber threats.
A 51% attack occurs when an entity controls over half of a blockchain network, risking transaction manipulation, but remains costly and rare on major networks.
Hackers are targeting crypto professionals on LinkedIn with fake job offers, using malware and professional tools to drain victims' digital wallets.
FBI confirms North Korea's TraderTraitor group stole $308M in Bitcoin from DMM Bitcoin, causing the exchange's collapse and account transfers to SBI VC Trade.
Drake's X account was hacked to promote a fake crypto coin, highlighting the growing wave of sophisticated scams targeting high-profile users.
A supply chain attack has compromised 1inch and other platforms through malicious code in a popular animation library, risking users' funds and data.
Victims of the WazirX hack are preparing a class-action lawsuit to recover over $600,000 in lost crypto, challenging the exchange's recovery efforts.
Hackers allegedly stole $20 million in crypto from US government wallets, with the stolen funds quickly being laundered through instant exchanges.
North Korea's Lazarus Group stole $3 billion in cryptocurrency by exploiting a Chrome vulnerability through a fake blockchain game, cybersecurity experts reveal.
Crypto investigator ZachXBT accuses Chinese trader Yicong Wang of laundering millions in stolen assets for North Korea’s Lazarus Group since 2022.
US prosecutors recommend a five-year sentence for Bitfinex hacker Ilya Lichtenstein due to his cooperation, while his wife Heather Morgan receives 18 months.
A rising Clipper Malware scam is targeting the Shiba Inu community, intercepting crypto transactions and posing a significant threat to users' funds.
BingX suffers a $42 million hack, adding to a series of crypto security breaches this week, highlighting vulnerabilities across the industry.
Tether CEO Paolo Ardoino asserts that decentralized AI models could have prevented the OpenAI hack, promising enhanced privacy and security for users.