PUSD hack drains $3.1M from 11 Polymarket wallets
The refund pledge buys goodwill, but a third-party vendor breach, repeated phishing incidents, and a federal marketing investigation now converge on the prediction market at the same time.
The refund pledge buys goodwill, but a third-party vendor breach, repeated phishing incidents, and a federal marketing investigation now converge on the prediction market at the same time.
If hot-wallet reserves in ETH, USDT and SOL are running light, the withdrawal queue stops being an operations problem and starts being a solvency question for users still parked on the venue.
The injected code sat on the site frontend rather than in Polymarket's core contracts, but the read for prediction markets is harder: vendor risk now sits inside the user-trust boundary, not outside…
A 6-12 month migration window for roughly 1M BTC, then freeze the rest: a provocative governance proposal from one of crypto's loudest voices, and one with no obvious off-ramp.
It's the second major outage for the Coinbase-backed Ethereum layer-2 in under a year, and the root cause still hasn't been named, putting the network's reliability thesis back under the microscope.
The invalid block stopped production at height 47806542, taking deposits, withdrawals, and client software offline before partial sequencer recovery.
Base is a Coinbase-incubated layer-2 with billions in TVL; sustained downtime on a venue that size tests the assumption that rollups inherit Ethereum's uptime guarantees.
The Coinbase-incubated layer-2 hit its second notable outage this year, freezing deposits and withdrawals and exposing the operational risk of a low-redundancy sequencer setup.
FBI and HSI backed the operation, and onchain sleuth ZachXBT has named detained suspect Wojtek Kulisz as 'Merry', the threat actor behind years of social engineering thefts from crypto holders.
The headline figure is striking, but the alleged $6M of IRGC-linked wallet exposure and a U.S. sanctions backdrop turn this from a compliance slip into a potential enforcement flashpoint for the…
A reported 90%+ insider-held supply on a $6B-claimed valuation is the rug-pull red flag retail keeps walking into: when almost every token is one wallet away from the market, the chart is the trap.
The total is roughly equal to CoinEx's entire 2023 trading volume, and the IRGC and sanctioned Russian counterparties on the counterparty list turn this from a compliance story into a sanctions story.
No exploit, no hack, no announcement: the move happened on roughly $21M in volume, and the tokens that did move were the ones ZachXBT flagged months ago as insider-propped and venue-thin.
The Wall Street Journal tied the exchange to wallets linked to Iran's central bank and to the $1.5B Bybit hack, escalating a sanctions-evasion case that now names a venue, a central bank, and North…
The memecoin launchpad is dangling a top-of-market package as it faces live lawsuits and a widening US regulatory net around livestreams and token rewards.
The flaw sat in SecondFi's address-generation layer, so moving a seed phrase to a new wallet offers zero protection, and SlowMist's wider loss estimate is the number every ADA holder is reading now.
The protocol itself was never breached. The real questions are how Emergo had the keys to seize 129M ADA mid-exploit, and whether the recovery optics for a founding entity are worth the trust cost.
Engineering milestones land alongside a 55% year-to-date slide in ADA and a $2.4M wallet exploit, exposing how far Cardano's technical roadmap has run ahead of the activity it was built to attract.
CryptoRank's monthly tracker now shows DeFi TVL below the $70B line for the first time since 2023, with 121 hacks and $942M in losses accelerating the year-long unwind across every major chain except…
The same day Treasury named nine individuals and 26 entities tied to a $10B Southeast Asia scam network, a DeFi coalition went public pledging to set enforceable operational standards before…