Hack


Tech

Telcoin Restores User Balances After Exploit, Records 400% Increase in Deposits

The issue apparently resulted from a fault in the interaction between Telcoin’s digital wallet and a proxy contract that incorrectly performed certain storage functions.

Web3 Gaming (Chanzj/Pixabay)

Videos

Crypto Hack Volumes Fell by More Than 50% in 2023: TRM Labs

Data from TRM Labs shows that hack volumes in crypto fell by more than 50% in 2023 when compared to the year before. While the number of attacks remained relatively stable, the firm notes that the amount of funds stolen shrunk to $1.7 billion through November 2023. CoinDesk's Jennifer Sanasie breaks down "The Chart of the Day."

CoinDesk placeholder image

Finance

OKX Wallet Users Warned to Update App to Avoid Code Vulnerability

It is unclear whether any funds have been stolen from OKX wallet users.

Hacker (Towfiqu Barbhuiya/Unsplash)

Markets

Major NFT Indices Stable After NFT Trader Hack

Bored Ape Yacht Club and Mutant Ape Yacht Club NFTs were returned to their owners after Yuga Labs' Greg Solano and Boring Security DAO paid a bounty.

Bored Ape (Yuga Labs)

Finance

Ledger Exploit Drained $484K, Upended DeFi; Former Staffer Linked to Malicious Code

Security firm Blockaid's CEO told CoinDesk that users are still at risk.

Hacker (Towfiqu Barbhuiya/Unsplash)

Finance

Ledger Exploit Endangers DeFi; Sushi Says 'Do Not Interact With ANY dApps'

The exploit reportedly prompts users to connect their wallets via a pop-up, triggering a token drainer.

Ledger Nano S hard wallet opened to show the screen display

Finance

HTX, Poloniex Assets Are '100% Safe' Says Justin Sun After $200M Hack

Both exchanges lost a combined total of more than $200 million in a series of hacks last month.

Consensus 2019 Justin Sun CEO TRON (CoinDesk)

Markets

DeFi Platform Conic Finance's CNC Token Surges 50% as the Protocol Plots Comeback After Hack

Conic Finance was hacked in July draining roughly $3.6 million worth of ether from the protocol.

Conic Finance lets liquidity providers gain exposure to multiple pools on DeFi platform Curve (Conic Finance)

Consensus Magazine

Ogle Catches the Crypto Crooks

Hacks happen a lot in crypto. So, Ogle has professionalized asset recovery for the victims. He's pretty good at it.

(Mason Webb/CoinDesk)

Policy

Duo Behind $9M Platypus Exploit Acquitted by Paris Court: Report

Charges were dropped after one of the accused argued he was an "ethical hacker," according to French news publication Le Monde.

Code (Markus Spiske / Unsplash)