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Tag: Hacks

Revolut Confirms KYC and Bitcoin Records Exposed After Fake Government Request

Revolut confirmed an unauthorized party used a mailbox on a legitimate government agency domain to obtain customer records. Customer notices list passports or driver’s licenses, verification selfies, IBANs, withdrawal records and full Bitcoin transaction histories. The firm said a limited number of customers were affected, funds were not compromised, and the exact headcount and agency have not been named. Onchain investigator ZachXBT said the...

Cryptocurrencies, Hacks, News

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Liquid Network attacker returns 3,400 BTC after Blockstream patches Elements bug

Self-described white-hat actors returned 3,400 BTC of the roughly 4,000 BTC withdrawn from Liquid Network’s federation wallet on Sept. 6. About 598.5 BTC, worth roughly $47 million, remains outstanding as talks continue. Blockstream said a bug in the Elements software enabled unbacked L-BTC to be minted and pegged out; no federation keys were compromised. The sidechain remains paused while operators patch nodes, resolve a chain split and...

Bitcoin, Cryptocurrencies, Hacks, News

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Liquid Network Pauses After Purported White Hats Withdraw $320 Million in Bitcoin

Purported white-hat hackers withdrew roughly 4,000 BTC, worth about $320 million, from Liquid’s federation wallet on Sept. 6. The outflow represented about 95% of Liquid’s reported bitcoin reserves of approximately 4,200 BTC. SideSwap processed a peg-out of 3,996 BTC after 4,000 L-BTC were burned; Blockstream attributed the L-BTC to an Elements software bug. Liquid disabled bridge nodes and told exchanges to pause L-BTC deposits and...

Cryptocurrencies, Hacks, News

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Cronos Network Halts After Estimated $75 Million Exploit Hits Tectonic

Cronos validators halted the Crypto.com-linked chain on Sunday after an exploit at Tectonic, the network’s largest lending protocol. Onchain researcher Weilin Li estimates about $75 million was affected after TONIC was pumped roughly 100x in 20 minutes and used as collateral. Only about $6 million was bridged to Ethereum before the halt; most remaining assets are stranded on Cronos. Tectonic TVL fell from about $121.7 million to roughly $3...

Cryptocurrencies, Hacks, News

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Maya Protocol Halts Network After $1.7 Million Exploit via Six Chained Bugs

Maya Protocol halted its MAYAChain network after an attacker drained roughly $1.7 million using six chained software bugs. The attacker withdrew 48.87 million CACAO and moved about 20.83 BTC worth approximately $1.34 million off-chain. CACAO fell nearly 89% from around $0.115 to a low of $0.013 before partial recovery. Founder AaluxxMyth confirmed the incident and said the team is working to fix the issues and recover fully. Liquidity pool...

Cryptocurrencies, Hacks, News

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