Hack

Velocore DEX suffers a $10 million loss in a major hack

June 3, 2024 2 mins read

Velocore, a decentralized exchange (DEX) operating on the zkSync and Linea blockchains, has had a security breach, leading to a financial loss of around $10 million. The hackers conducted a transfer of more than 700 ETH to the Ethereum mainnet, therefore emphasizing the persistent security concerns within the crypto industry. The hack was first disclosed by a threat researcher as “Officer’s Notes,” who identified the security vulnerabilities inside the cryptocurrency

$20 million was lost due to an exploit that hit the decentralized lending protocol Sonne Finance 

May 15, 2024 1 min read

On Wednesday morning in Asia, Sonne Finance’s decentralized lending system was exploited, losing $20 million. The project’s post-mortem revealed an exploit in a Compound v2 branch. A known contribution exploit let the hacker to steal $20 million in WETH, Velo (VELO), soVELO, and Wrapped USDC. Sonne Finance said on X that it has stopped all Optimism markets over the attack, while Base markets continued. After PeckShield warned on X and

Mailer Lite loses $600,000 in phishing attack

January 24, 2024 1 min read

Mailer Lite, a digital marketing platform, was recently targeted by a phishing attack, resulting in a financial loss of more than $600,000. The attackers used a vulnerability in Mailer Lite’s system to impersonate Web3 organizations and send deceptive emails containing malicious links. Blockaid, a Web3 security and privacy firm, revealed the complex details of the attack. The perpetrators used a vulnerability in Mailer Lite’s infrastructure to create emails that appeared

North Korean Hackers Lazarus Group Launch Advanced Malware in Job Scams

October 5, 2023 1 min read

In a recent development, the Lazarus Group, a North Korean hacking collective, has introduced a highly advanced malware variant named LightlessCan in their deceptive job scams. This new malware poses a significant challenge to detection compared to its predecessor. ESET’s senior malware researcher, Peter Kálnai, unveiled these findings after analyzing a fake job attack on a Spanish aerospace firm that took place on September 29. The Lazarus Group typically operates