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Hacker returns 17 million OP tokens

Quick Take The Wintermute exploiter has returned 17 million OP tokens to the Optimism contract address. One million OP tokens remain with the hacker as of press time. The exploiter who stole 20 million Optimism (OP) tokens from crypto market maker Wintermute has returned 17 million of those coins to the Optimism contract address. Data from Etherscan show 17 transfers of 1 million OP tokens each beginning at 12:09 PM UTC with the final transaction happening at 12: 31 PM …

Optimism exploiter claims willingness to return 18 million OP tokens

Quick Take On Friday morning, the Optimism hacker sent an on-chain message showing willingness to repay the exploited funds. After a few hours, the hacker returned 17 million OP tokens back to Optimism.   Update (8:50 AM ET): The hacker has returned 17 million OP tokens to the Optimism Foundation in multiple onchain transactions, security firm PeckShield said. Optimism’s hacker today claimed to be open to returning 18 million Optimism (OP) tokens left with them. In an on-chain message, the unknown …

Osmosis validator FireStake admits it drained $2 million during Osmosis exploit

Quick Take FireStake is one of the validators of the Osmosis blockchain. Despite this, it admitted to taking advantage of Osmosis’ recent exploit to drain $2 million of funds. After a $5 million exploit on Osmosis on Wednesday, one of its network validators called FireStake came forward to admit that they were responsible for draining $2 million of it. Osmosis is a blockchain that runs a large decentralized exchange (DEX) in the Cosmos ecosystem. The project suffered losses due to …

Optimism exploiter sends 1 million OP tokens to Vitalik Buterin’s wallet

Quick Take The attacker stole 20 million OP tokens from crypto market maker outfit Wintermute. They sent 1 million tokens to Vitalik Buterin’s wallet and delegated the token’s voting rights to Ethereum Foundation security researcher Yoav Weiss. The attacker who sniped 20 million Optimism (OP) tokens meant for crypto market maker Wintermute has sent 1 million of those coins to Ethereum co-founder Vitalik Buterin’s wallet address, according to PeckShield. Data from Etherscan shows the transfer occurred at 12:26 AM UTC …

Osmosis DEX on Cosmos exploited for $5 million as validators halt the network

Quick Take Osmosis is a blockchain in the Cosmos ecosystem that provides a commmonly used decentralized exchange. It was exploited today and the chain was frozen as a preventative measure. Osmosis, a blockchain that runs a large decentralized exchange (DEX) in the Cosmos ecosystem, was halted today. After a critical bug in its liquidity pools led to an estimated $5 million exploit, the core development team and the network validators stopped the chain at block #4713064.  The vulnerability was first …

Telegram says lurid Twitter claims have ‘all the hallmarks of a hoax’

Quick Take The messaging app says said a Twitter thread alleging crimes including rape and assassination is likely an attempt to steal users’ private keys. A Twitter user going by the handle @adyingnobody claims to have used an exploit in Telegram’s software to download more than 100GB of messages. Telegram, a messaging app popular with crypto investors, said a pseudonymous Twitter thread alleging crimes including rape and assassination “has all the hallmarks of a hoax” and is probably an attempt to …

Reuters report says Lazarus Group used Binance to launder stolen funds

In September 2020, hackers from the North Korean Lazarus Group broke into Slovakian crypto exchange Eterbase and stole currency worth roughly $5.4 million. Using only encrypted email addresses, the hackers opened at least two dozen anonymous accounts on Binance and used them to “convert the stolen funds and obscure the money trail,” according to a new Reuters investigation. According to the report, the interactions between the exchange and the well-known state-sponsored hacking group are part of a much larger picture …

Bored Ape Yacht Club’s Discord was ‘briefly exploited’ resulting in 200 ETH in NFT thefts

Blue-chip non-fungible token (NFT) project Bored Ape Yacht Club (BAYC) said on Saturday afternoon that its Discord servers were subject to a “brief” exploit, as 200 ETH ($357,000) worth of NFTs were ultimately stolen from users. Screenshots posted by a Twitter user with the screen name OKHotshot show that a project community manager’s Discord account appears to have been hacked, meaning scammers could carry out a phishing attack. “We are still investigating, but if you were impacted, email us at …

South Korean police charge man with using social media data leak to steal crypto, Forkast says

South Korean police said earlier this week that they had arrested a man in his 30s on fraud charges involving the theft of about $658,000 in cryptocurrencies through personal data leaked on a social media platform called Naver Band, Forkast reported. The victims’ personal data, including crypto exchange account information, was said to be mistakenly exposed by an administrator on the social media platform. About 90 people had crypto taken between January and May, the report said, with one victim …

Mirror Protocol suffers new exploit and could be drained in hours

Mirror Protocol, a DeFi app on the Terra blockchain, has suffered another exploit. So far, more than $2 million has been taken and if the bug isn’t fixed by 4:00 AM ET tomorrow, all of its pools for tokenized assets will be at risk. Mirror protocol allows users to take long or short positions on tech stocks using synthetic assets. It’s running on the old Terra blockchain — now called Terrra Classic — which was replaced by a new blockchain …