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Exploits, hacks, scams, frozen funds, vulnerabilities.
CoinDesk reports Near Intents blocked over $50 million in attempted Bitget hacker swaps, while The Defiant reports NEAR Intents says it froze $503,000 in Bitget hack funds. The Defiant also reports Bitget says NEAR Intents waived its recovery-bounty share.
NEAR Intents stated that it blocked $50 million tied to Bitget hackers, saying it actively prevents stolen funds from being laundered. The protocol contrasted its approach with THORChain's stated position of not selectively censoring transactions.
A UC San Diego-led team impersonated a hardware security module without extracting its key, according to Decrypt. The report frames the RSA attack as relevant to crypto.
A post on r/Bitcoin claims that EMM secured the return of $1.725 million in Bitcoin from a ColdCard vulnerability through ethical hackers.
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Bitget CEO Gracy Chen said an attacker tested risk controls with small transfers before draining $388 million, exploiting a third-party security vulnerability. Chen said she is 'not very optimistic' about recovering funds, with only a small percentage frozen or recovered.
A Reddit post cites a new IonQ paper claiming its trapped-ion architecture could run Shor's algorithm against 256-bit ECDSA signatures with only 20,000 qubits in under a month, with such a machine projected before 2030.
A fake GIWA Layer 2 bridge was drained of 766 ETH after DYORSWAP mistook the network for the Upbit-backed project, according to The Defiant. Cointelegraph reports scammers stole $2M in ETH and that DYORSWAP paid over 200 ETH in compensation while Dunamu's GIWA warned its mainnet had not launched.
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The Block reports that Bitget has started a phased resumption of withdrawals following a $388 million exploit, saying the vulnerability was patched and losses will be covered by a user protection fund.
An onchain analyst, per The Block, links $18.4 million in Robinhood Chain memecoin extractions to a single rug-pull operation. The creators of 10 Pons V2 launches exempted wallets from an anti-sniping tax, and those wallets bought most of each token's supply.
CoinDesk reports THORChain rejected Bitget's request to block addresses tied to a $387.5 million theft, with funds swapped into bitcoin. The Defiant reports an address flagged by Bitget completed an XRP-to-bitcoin swap after the request.