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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...

The scheme consists of mirroring addresses and sending dust transactions to users to trick them into sending funds to the scammer's wallet. Binance CEO Changpeng 'CZ' Zhao warned his followers on X about a tricky and increasingly popular scam targeting the crypto community , in which fake wallet addresses are used to defraud users during transactions. The scheme generates addresses with the same starting and ending characters as the user's original address. Once the mirrored address has been generated, the scammer sends the target dust transactions that will reflect on the victim's transaction history. If the victim copies and pastes an address from one of the dust transactions, the funds will be sent to the scammer. According to CZ, a well-experienced crypto operator fell victim to this scam on Aug. 1, sending crypto currencies worth $20 million to a dust address. The operator noticed the error right after the transaction and requested Binance to freeze the Tet...

The Web3 security firm urges the rogue developer to return 80% of the stolen funds and offers 20% as a white hat bounty. Blockchain security firm CertiK is launching a compensation plan with Ethereum layer-2 scaling platform zkSync Era to cover the $2 million lost during a public sale of Decentralized Exchange Merlin’s MAGE token. In a statement to Cointelegraph on April 26, CertiK reiterated it is investigating the exit scam and has also enlisted the remaining Merlin team to initiate the compensation plan. It said: “Initial investigations indicate that the rogue developers are based in Europe, and CertiK will collaborate with law enforcement authorities to track them down if direct negotiation is unsuccessful.” The Blockchain security company is urging the rogue developer to return 80% of the stolen funds, conceding 20% as a white hat bounty. The firm also pointed out that private key privileges are “committed to assisting impacted users” despite them being outside the scope of a s...

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...