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Blockchain analytics firm Elliptic revealed that the North Korea-backed hacker group Lazarus is once again using sanctioned crypto mixer Tornado Cash to obfuscate its transactions.
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The total value of assets locked on the decentralized exchange (DEX) WOOFi plunged by nearly 20% to $45 million after it confirmed it was exploited via a flashloan attack.
The hack
Earlier today, WOOFi detailed how it fell victim to a hacking episode within 13 minutes.
Crypto industry losses amounted to $67 million in February over 12 incidents, with hacks accounting for 97.54% of funds stolen, according to Immunefi’s latest crypto losses report.
Meanwhile, the remaining 2.46% of the funds stolen were lost due to fraud.
Crypto mixer Tornado Cash has reportedly fallen victim to a significant backend exploit that has put user deposits and sensitive data at risk.
The security breach was revealed in a Medium post by Gas404, a community member, on Feb. 26.
MicroStrategy’s official X (formerly Twitter) account was hacked and used to promote a fake airdrop of an Ethereum-based MSTR token during the early hours of today, Feb. 26.
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The phishing scam appears to be quite obvious, given MicroStrategy CEO Michael Saylor’s recentbullish statements on Bitcoin.
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The following is a guest post from Robert Rhodin, the CEO of KeychainX.
As the crypto market’s capitalization has grown, the diversity and complexity of assets also increase. This growth, supported by advanced technology and innovations, also increases the number of lost or inaccessible assets.
Hackers stole over $6.2 million in digital assets from 22 LastPass users between Feb. 19 and 20.
Blockchain investigator ZachXBT and Taylor Monahan, a developer associated with the crypto wallet MetaMask, revealed in a Feb.