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Hacks, Bugs and Scams

Hacks, bugs, scams and other things in Moneytech and Web3 that did not go as it was expected

Hacks, Bugs and Scams

Hacks, bugs, scams and other things in Moneytech and Web3 that did not go as it was expected

DEX   -   Nov 20, 2023 After Targeted Attack dYdX Bans ‘Highly Profitable Trading Strategies’
Dydx attack

The major derivatives DEX and the Yearn.finance token were hit by apparent market manipulation, according to the exchange's founder.

Bridges and Interoperability   -   Nov 03, 2023 Insiders Suspected of Making Gains from Multichain's Sudden Return
Multichain bridge

Multichain's abrupt service resumption sparked insider trading concerns. A swift $1.6 million profit made by one user hints at potential collusion.

After $50m Hack, KyberSwap Attacker Announces Nov 30 'Treaty' Reveal
DEX   -   Nov 29, 2023 After $50m Hack, KyberSwap Attacker Announces Nov 30 'Treaty' Reveal

The DEX suffered a substantial loss of over $50 million last week due to a cyber attack. The hacker has now announced they will announce a potential deal on a bounty at the end of November.

Mathilde Adam
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DEX   -   Nov 29, 2023 After $50m Hack, KyberSwap Attacker Announces Nov 30 'Treaty' Reveal
After $50m Hack, KyberSwap Attacker Announces Nov 30 'Treaty' Reveal

The DEX suffered a substantial loss of over $50 million last week due to a cyber attack. The hacker has now announced they will announce a potential deal on a bounty at the end of November.

Mathilde Adam
DEX   -   Nov 20, 2023 After Targeted Attack dYdX Bans ‘Highly Profitable Trading Strategies’
Dydx attack

The major derivatives DEX and the Yearn.finance token were hit by apparent market manipulation, according to the exchange's founder.

Sasha Markevich
Bridges and Interoperability   -   Nov 03, 2023 Insiders Suspected of Making Gains from Multichain's Sudden Return
Multichain bridge

Multichain's abrupt service resumption sparked insider trading concerns. A swift $1.6 million profit made by one user hints at potential collusion.

Alexander Mardar
Coins and tokens   -   Nov 01, 2023 Unibot $560k Router Exploit Causes Token Price Crash of Over 20%
unibot hack

Unibot, a leading Telegram trading bot, has seen a $560,000 exploit on a new router. The hack follows a similar breach against the Maestro bot just last week.

Alexander Mardar
Coins and tokens   -   Oct 28, 2023 Maestro Telegram Bot Overcompensates Users for Loss After Major Hack
Maestro Telegram Bot Overcompensates Users for Loss After Major Hack

After a hacker stole 280 ETH from Maestro’s Router 2 contract, the development team swiftly gave users refunds plus a goodwill fee, spending over $1 million. Despite the setback, the Maestro bot continues to dominate in user count and transactions.

Alexander Mardar
L2   -   Oct 23, 2023 Key Lightning Network Developer Quits Over Newfound Vulnerability
Key Lightning Network Developer Quits Over Newfound Vulnerability

The vulnerability could allegedly impact multiple applications. With no immediate fix on the horizon, the Lightning Network community may face significant challenges ahead.

Alexander Mardar
Adoption Tools   -   Oct 06, 2023 Friend.tech Clone Hit With Non-Profitable Exploit in Revenge Attack?
Friend.tech tiger

In its under two months of existence, Friend.tech has pumped, died and been revived, then been cloned, hacked, and the clone reportedly hacked at a loss to protect its monopoly. Safe to say that our original skepticism towards the project is yet to have softened.

Jack Martin
Ethereum   -   Oct 02, 2023 Ethereum's Holesky Testnet Relaunches Successfully After Initial Hiccup
Ethereum relaun

Ethereum's Holesky testnet, designed to replace the outdated Goerli, was relaunched successfully after an initial setback. Despite challenges, Ethereum's diverse development community remains robust, ensuring its competitive edge in the blockchain space.

Alexander Mardar
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