#hacker

Ilya Lichtenstein and Heather Morgan, a husband and wife duo of crypto hackers, have pleaded guilty to federal money laundering conspiracy charges related to the 2016 hack of the cryptocurrency exchange Bitfinex. Their guilty plea comes after a year and a half since their arrest and charges in February 2022 and seven years after the initial hack. According to the government’s allegations, Lichtenstein hacked into Bitfinex and stole 119,754 bitcoins, which were valued at $72 million at the time and are now worth approximately $3.5 billion, for his personal benefit.

This decentralized protocol has suffered a loss of nearly $455,000 owing to a flaw in its code. All activities relating to contracts have been put on hold for now. A blockchain analyst from PeckShield explains this predicament as a result of inadequate input verification within Arcadia's code, a loophole the hacker exploited to drain crypto assets (darcWETH and darcUSDC) in both the Ethereum and Optimism networks.

Ameen Soleimani, one of the first contributors to the scandalous Tornado Cash crypto mixer, has announced the launch of a new mixing service called Primacy Pools, which is based on the TC code. Now, every hacker and criminal will have a chance to demonstrate that they are not engaging in any malicious activity (but not for sure). What is clear is that honest users will be able to prove that they have not committed fraud and are therefore legitimately using the privacy-enhancing service. Predictably, the new service uses zero-knowledge proof, which is the main trend of 2023. It is a protocol that confirms information without disclosing it. Your move, SEC!

This platform, crafted to stabilize liquidity pools within the Curve DeFi protocol, has fallen victim to a hacker who made off with 1700 ETH, a haul worth $3.2 million. The culprit leveraged a re-entrancy vulnerability and manipulated a malfunctioning price oracle to achieve this. The Conic Finance team has disclosed that this particular exploit is solely connected to the ETH Omnipool.

According to PeckShield, a hacker stole crypto assets (472 ETH) worth approximately $888,000. The project's token (RDO) has taken a sharp nosedive, already losing 65% of its value.

Approximately $125 million worth of multi-chain assets has been observed flowing out of the cross-chain protocol Multichain into multiple wallets. As a response, the Multichain team has temporarily halted the protocol, without providing a specific timeline for recovery. Some analysts suggest that the situation may not be a result of a hacker attack. They point out that the asset transfer occurred gradually, with a small test transfer of 2 USDC before the larger outflow. Each asset was transferred to an independent wallet, and no further actions such as swapping or mixing took place. The receiving wallets remain completely clean. Considering the technical characteristics of Multichain, it is possible that the transferor gained control of private key fragments exceeding the threshold through some means. The investigation into this potential exploit is ongoing.

The hacker gained access to the email addresses of users in the metaverse. After that, emails containing a dangerous virus were sent from the hacked computer on behalf of The Sandbox administration. If the recipient opened the link in the email, malicious software was automatically installed on their computer. The virus transmitted all personal information stored on the computer to the hackers. The Sandbox advises users not to open any links and to implement two-factor authentication for their accounts.