USR, an overcollateralized stablecoin natively backed by ETH and maintained by the Resolv protocol, lost its peg on March 22 after an attacker minted millions of unbacked tokens and reportedly extracted at least $25 million. Here’s how the incident went down, according to blockchain analytics firm Chainalysis. Attacker Exploits Minting Key to Create $80M in […]
A report by blockchain security firm Nominis shows that in February, total losses from crypto attacks fell by 87%, going from $385 million in January to $49.3 million last month. However, while the drop in total value stolen suggests improved protocol security, Nominis claims that a closer examination of the month’s events shows that attackers […]
Xaman Wallet founder Wietse Wind has said that a “massive XRPL targeted scam effort” is underway, warning users about fake sign requests, phishing emails, and impersonation accounts. His alert points to a rise in social engineering attacks aimed at crypto holders rather than flaws in the blockchain code. A Multi-Pronged Attack on XRPL Users Wind […]
Blockchain security firm Peckshield has shared that December 2025 closed with a surprising decrease in crypto exploit losses. On-chain data shows the figures fell by 60% compared with those recorded in November. $76 Million Lost Across 26 Incidents According to the Peckshield report revealed via X, hacks and cybersecurity exploits in the crypto sector dropped […]
Toobit, a cryptocurrency exchange based in the Cayman Islands, announced the launch of a $50 million fund specifically designed to cover losses resulting from internal technical or security failures on the platform. It is important to note that the sum won’t be used to compensate losses resulting from personal account compromises, trading decisions, or market […]
A new report by the Multilateral Sanctions Monitoring Team (MSMT) shows that North Korean hackers stole $2.83 billion in cryptocurrency between January 2024 and September 2025. This figure accounts for nearly one-third of the country’s total foreign currency income in 2024. Bybit Exploit Was the Largest Contributor The MSMT, a coalition of 11 countries formed […]
Slowmist’s MistTrack’s Stolen Funds Analysis shows that private key leaks remain the most common cause of crypto theft. The findings indicate that 317 stolen fund reports were filed between July and September, with assets worth more than $3.73 million successfully frozen or recovered in ten of those cases. Private Keys Remain the Core Vulnerability The […]
Blockchain analytics firm Arkham has revealed that a previously unknown hack of Chinese mining pool LuBian in December 2020 resulted in the theft of 127,426 BTC worth around $3.5 billion at the time. This makes it the largest crypto theft in history, Arkham stated, and the haul today would be worth a whopping $14.5 billion. […]
On April 15, the team behind the Ethereum scaling network, ZKsync, identified a compromised admin account that took control of $5 million worth of ZK tokens. These were the remaining unclaimed coins from the ZKsync airdrop, they added. The team reassured users that all their funds are safe and have never been at risk. “The ZKsync […]
Less than two months ago, the crypto exchange Bybit fell victim to one of the largest attacks in the crypto sector’s history, losing about $1.5 billion in ether (ETH) to cyber criminals. While the leading trading platform has recovered significantly from the effects of the attack, market experts have analyzed data that showed how it […]