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A recent on-chain investigation indicates a hacker plundered $29 million worth of the Solana (SOL) rival Sui (SUI) from a single victim last month. The on-chain sleuth ZachXBT uncovered the hack, which he notes occurred on December 12th. “The stolen funds were bridged from Sui to Ethereum via Bridgers and then deposited to Tornado Cash in batches… The victim transferred their .sui domains to a new uncompromised address shortly after the theft. Current limitations with Sui block explorers and Sui analytics tools make the theft difficult to trace.” Tornado Cash is an Ethereum (ETH)-based coin mixing system that helps users conceal their digital assets. The US sanctioned the controversial project in 2022 for national security purposes. Losses from crypto hacks and scams surged in 2024, according to the blockchain security firm PeckShield. The firm said earlier this month that the total value loss in the crypto sector last year exceeded $3.01 bill...

A crypto wallet linked to the BNB Smart Chain exploit had three of its positions liquidated after BNB’s price dropped below $220. The sudden market pullback in the crypto space liquidated many traders and, according to data shown on the blockchain, the attackers responsible for the infamous BNB Smart Chain exploit, which led to the theft of almost $600 million worth of BNB (BNB) tokens.  On Oct. 6, the cross-chain bridge by blockchain network BNB Smart Chain was suspended because of an exploit that allowed the hacker s to make off with 2 million BNB tokens, which were worth around $568 million at the time of the theft. On Aug. 18, a crypto wallet linked to the exploit had its collateral, worth more than $53 million, liquidated on the crypto lending platform Venus Protocol, according to blockchain security firm PeckShield. The hacker apparently used the tokens as collateral for a 30-million-Tether (USDT) loan on the protocol. Transaction showing that the BNB exploiter was liquidated...

Before the move, the hacker apparently refunded at least one victim, leading to a slew of on-chain messages from other purported victims. The hacker responsible for the $196 million attack on Euler Finance has begun moving funds into crypto mixer Tornado Cash, only hours after a $1 million bounty was launched to uncover the hacker 's identity. Blockchain analytics firm PeckShield tweeted on March 16 that the exploiter behind the flash loan attack on the Ethereum noncustodial lending protocol was “on the move.” The exploiter transferred 1,000 Ether (ETH), approximately $1.65 million, through sanctioned crypto mixer Tornado Cash. #PeckShieldAlert @eulerfinance exploiter on the move ~1,000 $ETH into Tornado Cash through intermediary address 0xc66d...c9ahttps://t.co/LAkY66YpoF pic.twitter.com/0XhQV1nbgn — PeckShieldAlert (@PeckShieldAlert) March 16, 2023 It comes only hours after Euler Labs tweeted it's launching a $1 million reward for information leading “to the Euler prot...

Jessy, the name behind Jessy’s Hacker House, helped organize four rental houses in Denver for "genuine scrappy" individuals looking for networking opportunities and more. Thousands of developers, hackers, and crypto and blockchain enthusiasts descended upon Denver, Colorado in the United States for the ETHDenver conference from Feb. 24 to Mar. 5. With accommodation a limited resource in the Colorado capital city, many opted to seek refuge from the crowds and tight quarters at "hacker houses" — where sleep is optional and networking is the goal.  Jessy, the name behind one such house — Jessy’s Hacker House — organized four "hacker houses" that hosted 50 participants from the ETHDenver conference and BUIDLWeek — a series of workshops and events as well as a BUIDLathon allowing teams to compete for prizes and investments. Meeting with Cointelegraph at one of their houses on Feb. 28, Jessy and co-organizer Waylon Jepsen kept busy setting up posters and checki...