According to industry research reported by Blockmates, crypto insurance in the decentralized insurance sector has shrunk by ...
DeFi however is facing growing pressure with major incidents and exploits becoming larger in terms of losses despite ...
The first half of 2025 has marked a grim milestone for the cryptocurrency industry, with over $2.1 billion stolen across 75 distinct hacks and exploits, according to a recent report by TRM Labs. This ...
Forbes contributors publish independent expert analyses and insights. Davey Winder is a veteran cybersecurity writer, hacker and analyst. This voice experience is generated by AI. Learn more. This ...
The world's second-largest crypto exchange Bybit suffered an exploit Friday that saw it drained of about $1.4 billion worth of Ethereum and staked ether. Bybit CEO Ben Zhou immediately shared news of ...
May is over, and it was another month filled with exploits. According to a report by PeckShieldAlert, 14 significant bridge ...
Halloween’s scare came late for the crypto industry. Decentralized finance (DeFi) protocol Balancer (BAL) has been hit by one of the biggest crypto hacks of 2025, with more than $116 million stolen ...
Two North Korea-linked hacks in April drained almost $600 million from DeFi protocols Drift Protocol ($285 million) and Kelp DAO ($292 million). Cybersecurity experts believe the attackers used AI to ...
Aethir said it halted a bridge exploit on its Ethereum-linked contracts, limiting losses to under $90,000 after PeckShield estimated $400,000 in damages. Aethir, a decentralized GPU cloud ...
Losses from crypto scams, exploits and hacks tapered off in the last months of 2024, with December registering as the smallest month of hacks in the entire year. Blockchain security firm CertiK said ...
Sony’s weighed in on the question of whether its PlayStation Network online login was “hacked” yesterday. Its verdict: not a hack, just an “exploit.” “We temporarily took down the PSN and Qriocity ...
Victims of hacks and scams received minimal assistance from Tornado Cash developers in recovering stolen funds, according to government witness testimony in Roman Storm's trial. Prosecutors argued ...