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March Mayhem! Hacker Jacob’s Exploits Steal Over $200M: The Incredible Euler Finance Heist Story
The cryptocurrency market has once again been hit by a major heist, this time involving Euler Finance and a hacker named Jacob. According to reports, Jacob's exploits have resulted in the theft of over $200 million worth of cryptocurrency, making it one of the largest cryptocurrency heists in recent times. Here's the incredible story of the Euler Finance heist and the notorious hacker, Jacob.
It all started during the month of March, which turned out to be a month of mayhem for the cryptocurrency market. Euler Finance, a decentralized finance (DeFi) platform, was one of the victims of the attacks. Jacob, a hacker with a history of exploiting vulnerabilities in DeFi protocols, identified a vulnerability in Euler Finance's smart contract and took advantage of it to siphon off funds from the platform.
The heist was carried out in multiple transactions, with the hacker using a sophisticated set of tools and techniques to evade detection. Jacob used a combination of flash loans, token swapping, and other DeFi protocols to launder the stolen funds and cover his tracks.
The heist went unnoticed for a while, but eventually, Euler Finance's team detected the attack and alerted the authorities. The Euler Finance team worked tirelessly to contain the attack and minimize the damage, but by the time they were able to put a stop to it, over $200 million worth of cryptocurrency had been stolen.
The Euler Finance heist highlights the vulnerabilities of DeFi platforms and the need for stronger security measures. DeFi platforms are built on the principles of decentralization, which makes them vulnerable to attacks. As the popularity of DeFi grows, so do the risks of hacks and exploits.
The incident also highlights the role of hackers in the cryptocurrency market. While many hackers use their skills for malicious purposes, some hackers are motivated by a desire to expose vulnerabilities and improve security. However, even these ethical hackers can sometimes cause unintentional harm.
In conclusion, the Euler Finance heist is a cautionary tale for the cryptocurrency market. It highlights the need for stronger security measures and the importance of being vigilant against hacks and exploits. As the cryptocurrency market continues to grow and evolve, it is essential that we continue to improve security measures and work towards a more secure and resilient ecosystem.
#euler #BTC #dyor #hacker #crypto2023
It all started during the month of March, which turned out to be a month of mayhem for the cryptocurrency market. Euler Finance, a decentralized finance (DeFi) platform, was one of the victims of the attacks. Jacob, a hacker with a history of exploiting vulnerabilities in DeFi protocols, identified a vulnerability in Euler Finance's smart contract and took advantage of it to siphon off funds from the platform.
The heist was carried out in multiple transactions, with the hacker using a sophisticated set of tools and techniques to evade detection. Jacob used a combination of flash loans, token swapping, and other DeFi protocols to launder the stolen funds and cover his tracks.
The heist went unnoticed for a while, but eventually, Euler Finance's team detected the attack and alerted the authorities. The Euler Finance team worked tirelessly to contain the attack and minimize the damage, but by the time they were able to put a stop to it, over $200 million worth of cryptocurrency had been stolen.
The Euler Finance heist highlights the vulnerabilities of DeFi platforms and the need for stronger security measures. DeFi platforms are built on the principles of decentralization, which makes them vulnerable to attacks. As the popularity of DeFi grows, so do the risks of hacks and exploits.
The incident also highlights the role of hackers in the cryptocurrency market. While many hackers use their skills for malicious purposes, some hackers are motivated by a desire to expose vulnerabilities and improve security. However, even these ethical hackers can sometimes cause unintentional harm.
In conclusion, the Euler Finance heist is a cautionary tale for the cryptocurrency market. It highlights the need for stronger security measures and the importance of being vigilant against hacks and exploits. As the cryptocurrency market continues to grow and evolve, it is essential that we continue to improve security measures and work towards a more secure and resilient ecosystem.
#euler #BTC #dyor #hacker #crypto2023
A mysterious hacker gained access and stole $300,000 worth of bitcoin belonging to various Russian govt agencies.
But that's not it. Instead of using the stolen crypto money, the hacker reportedly donated it to the war-hit nation of Ukraine.
#bitcoin #hack #cryptoonindia #hacker
But that's not it. Instead of using the stolen crypto money, the hacker reportedly donated it to the war-hit nation of Ukraine.
#bitcoin #hack #cryptoonindia #hacker
US authorities are demanding $5.2 million worth of Bitcoin and the confiscation of a sports car from a #hacker as part of a case involving the theft of assets from companies in Silicon Valley. A federal court in San Francisco has issued a preliminary ruling for the confiscation of cryptocurrencies and a 2017 BMW i8 from the hacker known as "winblo." According to the US Department of Justice, between 2016 and 2018, Ahmad Vagaaf Hared, also known as winblo, along with two accomplices, hacked into the wallets of leaders of undisclosed cryptocurrency projects using SIM card swapping. The hackers also made repeated calls to some of the victims for extortion purposes. Hared, who was 18 at the time when the scheme began, and one of his accomplices were arrested in 2018 on charges of computer fraud, personal data theft, and extortion. A verdict in this case has not been reached yet.
Currently, authorities are seeking to seize 119.8 #BTC (valued at $5.2 million at the time of the ruling) and 93,420 #XLM (worth $11,770) from Hared, as well as the transfer of his 2017 BMW i8 to the government, with an approximate value of $150,000 at the time of purchase.
This case bears similarities to another incident where Bart Stephens, co-founder and managing partner of cryptocurrency fund Blockchain Capital, filed a lawsuit against an anonymous hacker who stole $6.3 million in various digital assets through SIM card swapping.$BTC
Currently, authorities are seeking to seize 119.8 #BTC (valued at $5.2 million at the time of the ruling) and 93,420 #XLM (worth $11,770) from Hared, as well as the transfer of his 2017 BMW i8 to the government, with an approximate value of $150,000 at the time of purchase.
This case bears similarities to another incident where Bart Stephens, co-founder and managing partner of cryptocurrency fund Blockchain Capital, filed a lawsuit against an anonymous hacker who stole $6.3 million in various digital assets through SIM card swapping.$BTC
Hackers Steal $7.5M in Ether from Arbitrum-based Jimbos Protocol
Arbitrum-based DeFi protocol Jimbos was hacked on May 28, resulting in the loss of 4,000 Ether ($ETH ) worth approximately $7.5 million.
The price of the underlying token, Jimbo (JIMBO), has plummeted by 40% as a result of the attack. #ETH #Jimbos #Jimboshacked #hacker
Read the whole article here: https://optimisus.com/news/crypto-news/hackers-steal-7-5m-in-ether-from-arbitrum-based-jimbos-protocol/
Arbitrum-based DeFi protocol Jimbos was hacked on May 28, resulting in the loss of 4,000 Ether ($ETH ) worth approximately $7.5 million.
The price of the underlying token, Jimbo (JIMBO), has plummeted by 40% as a result of the attack. #ETH #Jimbos #Jimboshacked #hacker
Read the whole article here: https://optimisus.com/news/crypto-news/hackers-steal-7-5m-in-ether-from-arbitrum-based-jimbos-protocol/
The U.S. Department of Justice charged Russian nationals Alexey Bilyuchenko and Aleksandr Verner with the 2014 Mt. Gox hack, at the time one of the biggest thefts in crypto history.
The two "gained unauthorized access" to Mt. Gox's wallets around September 2011, the DOJ said in a press release Friday announcing the unsealing of a 2019 indictment, stealing 647,000 BTC over the course of nearly three years. These funds were then laundered.
The DOJ alleged that Bilyuchenko was also an operator of defunct crypto exchange BTC-e, alongside Alexander Vinnick who was previously charged with operating BTC-e.
#russia #hacker #mtgox #cryptocurrency #cryptoonindia
The two "gained unauthorized access" to Mt. Gox's wallets around September 2011, the DOJ said in a press release Friday announcing the unsealing of a 2019 indictment, stealing 647,000 BTC over the course of nearly three years. These funds were then laundered.
The DOJ alleged that Bilyuchenko was also an operator of defunct crypto exchange BTC-e, alongside Alexander Vinnick who was previously charged with operating BTC-e.
#russia #hacker #mtgox #cryptocurrency #cryptoonindia
(Ancilia_Alerts)
#Dolomite_io A contract created by " #dolomite-exchange.eth " has been exploited, and the #hacker has gained over $1.8M ,
revoke your approval
0xE2466deB9536A69BF8131Ecd0c267EE41dd1cdA0
hacker: 0x52522d35725836d48e12e64731fa170bcd9423bf
#Dolomite_io A contract created by " #dolomite-exchange.eth " has been exploited, and the #hacker has gained over $1.8M ,
revoke your approval
0xE2466deB9536A69BF8131Ecd0c267EE41dd1cdA0
hacker: 0x52522d35725836d48e12e64731fa170bcd9423bf
#Poly Network urges users to withdraw after exploit affects 57 crypto assets.
Following a July 2 attack on the cross-chain bridge platform Poly Network, which allowed a #hacker to create billions of tokens out of thin air for profit, more information is becoming available.
After hackers were able to modify a smart contract function on the cross-chain bridge protocol, Poly Network acknowledged it was the latest #DeFi exploit victim in a tweet on July 2 and announced it would temporarily cease services.
The researchers revealed the vulnerability targeted 57 cryptocurrency assets across 10 blockchains in the most recent version, including #Ethereum, BNB Chain, Polygon, #Avalanche, Heco, OKx, and other platforms like Metis.
Following a July 2 attack on the cross-chain bridge platform Poly Network, which allowed a #hacker to create billions of tokens out of thin air for profit, more information is becoming available.
After hackers were able to modify a smart contract function on the cross-chain bridge protocol, Poly Network acknowledged it was the latest #DeFi exploit victim in a tweet on July 2 and announced it would temporarily cease services.
The researchers revealed the vulnerability targeted 57 cryptocurrency assets across 10 blockchains in the most recent version, including #Ethereum, BNB Chain, Polygon, #Avalanche, Heco, OKx, and other platforms like Metis.
🕵️♂️Curve Finance Offers $1.85 Million Prize to Find Hacker!🕵️♀️💰
Curve Finance, the DeFi dynamo, ain't playing games! 🎮💥 After a sneaky hacker heist, they're turning detective 🕵️♂️ and dangling a shiny $1.85 million carrot for the genius who can uncover the villain. 👀 But that's not all – the hacker's got a soft side, leaving an 'I'm-not-evil' message. 😇 Meanwhile, Curve's crvUSD stablecoin's back in the dollar groove after a rollercoaster week. 🎢💲 Crypto chaos? More like crypto comedy! 😂🚀
#curve #bounty #hacker
Curve Finance, the DeFi dynamo, ain't playing games! 🎮💥 After a sneaky hacker heist, they're turning detective 🕵️♂️ and dangling a shiny $1.85 million carrot for the genius who can uncover the villain. 👀 But that's not all – the hacker's got a soft side, leaving an 'I'm-not-evil' message. 😇 Meanwhile, Curve's crvUSD stablecoin's back in the dollar groove after a rollercoaster week. 🎢💲 Crypto chaos? More like crypto comedy! 😂🚀
#curve #bounty #hacker
The hacker was allegedly involved with multiple ransomware strains that attacked police departments, hospitals, and the Colonial Pipeline.
A Russian man has been charged by US authorities for his alleged connection to multiple ransomware schemes that netted him and other attackers nearly $200 million – much of which came through crypto.
Some of the victims of those ransomware attacks included hospitals, schools, and police departments.
$200 Million in Ransomware Payments.
The culprit – Mikhail Pavlovich Matveev – was part of three ransomware gangs: Lockbit, Babuk and Hive. Collectively, they have obtained almost $200 million from victims after demanding funds in excess of $400 million, per figures from the Department of Justice.
#russia #hacker #jailed #crypto2023 #cryptoonindia
A Russian man has been charged by US authorities for his alleged connection to multiple ransomware schemes that netted him and other attackers nearly $200 million – much of which came through crypto.
Some of the victims of those ransomware attacks included hospitals, schools, and police departments.
$200 Million in Ransomware Payments.
The culprit – Mikhail Pavlovich Matveev – was part of three ransomware gangs: Lockbit, Babuk and Hive. Collectively, they have obtained almost $200 million from victims after demanding funds in excess of $400 million, per figures from the Department of Justice.
#russia #hacker #jailed #crypto2023 #cryptoonindia
1. **PeckShield's Alerting Concerns:** Cybersecurity firm #PeckShield has voiced apprehensions that notifying users about detected #hacker attacks might inadvertently attract attention to hackers and reveal vulnerabilities in affected #protocols. This could potentially lead to controversies.
2. **Community Vote for #Alert Strategy:** In response, PeckShield initiated a #community vote to gather advice on the best approach for issuing alerts when hacker attacks are identified. The voting options were 'Mark affected protocols +tx,' 'Alert TG seal 911 bot,' 'Publicize hacker +tx,' and 'Only Xeet anonymous hacker.'
3. **Voting Outcome:** The community vote concluded with 66.8% of users favoring the option 'Mark affected protocols +tx.' Meanwhile, 18.4% chose 'Alert TG seal 911 bot,' 9.9% opted for 'Publicize hacker +tx,' and 4.9% preferred 'Only Xeet anonymous hacker.' The outcome underscores the community's preference for a transparent approach to alerting users about hacker attacks.
$BTC $ETH $BNB
2. **Community Vote for #Alert Strategy:** In response, PeckShield initiated a #community vote to gather advice on the best approach for issuing alerts when hacker attacks are identified. The voting options were 'Mark affected protocols +tx,' 'Alert TG seal 911 bot,' 'Publicize hacker +tx,' and 'Only Xeet anonymous hacker.'
3. **Voting Outcome:** The community vote concluded with 66.8% of users favoring the option 'Mark affected protocols +tx.' Meanwhile, 18.4% chose 'Alert TG seal 911 bot,' 9.9% opted for 'Publicize hacker +tx,' and 4.9% preferred 'Only Xeet anonymous hacker.' The outcome underscores the community's preference for a transparent approach to alerting users about hacker attacks.
$BTC $ETH $BNB
Was CoinSpot's $2.4 Million Hack the Result of a Private Key Compromise? 🔐
Australian crypto exchange #CoinSpot recently experienced a $2.4 million hack, likely due to a "private key compromise" in one of its hot wallets.
Blockchain security firm #CertiK confirmed the exploit, revealing that 1,262 ETH, equivalent to $2.4 million, was transferred from a known CoinSpot wallet to the alleged hacker's address.
The #hacker then converted part of the funds to Wrapped Bitcoin (WBTC) using Uniswap and exchanged the rest for Bitcoin via ThorChain.
The stolen Bitcoin was further distributed among multiple wallets, a common tactic to complicate investigations. CoinSpot, established in 2013, is Australia's largest crypto exchange with around 2.5 million users.
#Binance
#crypto2023
Australian crypto exchange #CoinSpot recently experienced a $2.4 million hack, likely due to a "private key compromise" in one of its hot wallets.
Blockchain security firm #CertiK confirmed the exploit, revealing that 1,262 ETH, equivalent to $2.4 million, was transferred from a known CoinSpot wallet to the alleged hacker's address.
The #hacker then converted part of the funds to Wrapped Bitcoin (WBTC) using Uniswap and exchanged the rest for Bitcoin via ThorChain.
The stolen Bitcoin was further distributed among multiple wallets, a common tactic to complicate investigations. CoinSpot, established in 2013, is Australia's largest crypto exchange with around 2.5 million users.
#Binance
#crypto2023
Kronos Research halts trading amid $25M API key hack investigation
🌟 Hacker steals $25 million from Kronos Research using compromised API keys, no initial losses reported
🌟 Investigation reveals six transactions totaling 12,800 ETH to hacker's six wallets.
🌟 Kronos suspends services; Q3 2023 sees highest crypto losses at $700 million.
$ETH #Kronos #hacker #investigation #API
🌟 Hacker steals $25 million from Kronos Research using compromised API keys, no initial losses reported
🌟 Investigation reveals six transactions totaling 12,800 ETH to hacker's six wallets.
🌟 Kronos suspends services; Q3 2023 sees highest crypto losses at $700 million.
$ETH #Kronos #hacker #investigation #API
via LookoNchain on X
A #hacker (who is probably reading this too) attacked 2 wallets of @Jihoz_Axie and stole $10.46M assets, including:
3.2M #RON ($9.53M)
282.32 $WETH ($834K)
160K #PIXEL ($87K)
2.76M $SLP ($10K)
2,042 $USDC
164 #AXS ($1,272)
All assets were exchanged for 3,249 $ETH ($9.6M) and deposited into #TornadoCash.
A #hacker (who is probably reading this too) attacked 2 wallets of @Jihoz_Axie and stole $10.46M assets, including:
3.2M #RON ($9.53M)
282.32 $WETH ($834K)
160K #PIXEL ($87K)
2.76M $SLP ($10K)
2,042 $USDC
164 #AXS ($1,272)
All assets were exchanged for 3,249 $ETH ($9.6M) and deposited into #TornadoCash.
Pink Drainer hacking group has been employing sophisticated social engineering techniques, often masquerading as journalists from reputable media outlets like Decrypto and Cointelegraph.
It has been determined that the Pink Drainer hackers have managed to pilfer approximately $3 million from nearly 1,932 victims.
A notorious hacker group known as “Pink Drainer” has been identified as the mastermind behind a series of high-profile Discord and Twitter hacks. Their targets include prominent projects such as Evomos, Pika Protocol, OpenAI CTO, and Orbiter Finance.
#crypto2023 #hacker #beware #cryptocurrency #cryptoonindia
It has been determined that the Pink Drainer hackers have managed to pilfer approximately $3 million from nearly 1,932 victims.
A notorious hacker group known as “Pink Drainer” has been identified as the mastermind behind a series of high-profile Discord and Twitter hacks. Their targets include prominent projects such as Evomos, Pika Protocol, OpenAI CTO, and Orbiter Finance.
#crypto2023 #hacker #beware #cryptocurrency #cryptoonindia
🚨🚨My friend lost 100$ In wallet hack 🚨🚀
So recently one of my friends who use binance lost 100$ worth his funds Because his wallet was compromised on asking he told me That he shared authenticator code With someone .
Here is how to keep ur funds safe and protest yourself from wallet hacking :
1. Always keep 3 factor protection in your account ( email + authenticator + Mobile number )
2. Never share wallet address with anyone unnecessarily.
3.Never share your authenticator code , sms or email code with anyone
4. Never share your account details with anyone Imposing to bs Binance executive or anyone gurranting u Any kind of profits on any social media
Please use these measurements as these are your hard earned money
If u have been through wallet hack or breach please share in cmnt
#Safety #hacker
So recently one of my friends who use binance lost 100$ worth his funds Because his wallet was compromised on asking he told me That he shared authenticator code With someone .
Here is how to keep ur funds safe and protest yourself from wallet hacking :
1. Always keep 3 factor protection in your account ( email + authenticator + Mobile number )
2. Never share wallet address with anyone unnecessarily.
3.Never share your authenticator code , sms or email code with anyone
4. Never share your account details with anyone Imposing to bs Binance executive or anyone gurranting u Any kind of profits on any social media
Please use these measurements as these are your hard earned money
If u have been through wallet hack or breach please share in cmnt
#Safety #hacker
White Hat Hacker Returns $5.4 Million Worth of Ether to Curve Finance After Recent Hack 💎
#Curve Finance experienced a hack where around $47 million was lost due to malfunctioning reentrancy locks in Vyper on July 30.
A white hat hacker retrieved 2,879 Ether ($5.4M) from the exploiter and returned it to Curve Finance. The DeFi protocol that suffered the hack and other vulnerable #DeFi protocols were exposed to a stress test.
An ethical #hacker used a front-running bot to secure 3,000 ETH and returned the funds to Curve Finance. Meanwhile, Twitter accounts impersonating Curve Finance and hack victims are promoting a fake refund scheme for those who lost their funds.
The genuine Curve Finance account hasn't announced any refund plans. Stay cautious and verify information from reliable sources.
#Binance
#crypto2023
#Curve Finance experienced a hack where around $47 million was lost due to malfunctioning reentrancy locks in Vyper on July 30.
A white hat hacker retrieved 2,879 Ether ($5.4M) from the exploiter and returned it to Curve Finance. The DeFi protocol that suffered the hack and other vulnerable #DeFi protocols were exposed to a stress test.
An ethical #hacker used a front-running bot to secure 3,000 ETH and returned the funds to Curve Finance. Meanwhile, Twitter accounts impersonating Curve Finance and hack victims are promoting a fake refund scheme for those who lost their funds.
The genuine Curve Finance account hasn't announced any refund plans. Stay cautious and verify information from reliable sources.
#Binance
#crypto2023
A #hacker who stole unreleased music from well-known recording artists, including Ed Sheeran, and sold it for #cryptocurrencies on the dark web made more than £130,000 has been forced to repay £100,000.
In October of last year, Adrian Kwiatkowski of Ipswich, England, was sentenced to 18 months in prison after being found guilty of stealing new music by 89 artists, including American #rapper Lil Uzi Vert and #Sheeran. More than 1,200 unrecorded songs were discovered on his hard drive when investigators gained access to it.
Kwiatkowski gained access to private online accounts belonging to various management organisations while using the alias "#Spirdark" online.
In October of last year, Adrian Kwiatkowski of Ipswich, England, was sentenced to 18 months in prison after being found guilty of stealing new music by 89 artists, including American #rapper Lil Uzi Vert and #Sheeran. More than 1,200 unrecorded songs were discovered on his hard drive when investigators gained access to it.
Kwiatkowski gained access to private online accounts belonging to various management organisations while using the alias "#Spirdark" online.
Hacker Claims Access to #Binance Law Enforcement Request Panel for $10k in #Crypto
A self-proclaimed #hacker is advertising access to Binance's law enforcement request panel for $10,000 in cryptocurrency.
The offer includes "private access only used by Law Enforcement," allowing unlimited requests to be answered within three to seven days.
Exercise caution and report such activities to
ensure the security of the crypto community.
#INJ #BinanceWish
$BTC $ETH $XMR
A self-proclaimed #hacker is advertising access to Binance's law enforcement request panel for $10,000 in cryptocurrency.
The offer includes "private access only used by Law Enforcement," allowing unlimited requests to be answered within three to seven days.
Exercise caution and report such activities to
ensure the security of the crypto community.
#INJ #BinanceWish
$BTC $ETH $XMR
