KiloEx, a DeFi decentralized finance (DeFi) protocol, was recently attacked by a well-devised exploit. This unfortunate incident further illustrates the dire need for proactive security measures across the DeFi ecosystem. The exploit, which led to a loss of over $31 million, exploited the vulnerabilities built into the price oracle framework...
ZKSync’s ZK token price plummeted following a hack. This breach provided bad actors a backdoor to mint and sell tokens. In short, what started on April 15, 2025, with a hacked admin account ultimately gave the hacker control of $5 million worth of unclaimed ZK tokens from the project's airdrop...
In addition to the recent glitch, XRP has been subject to numerous drastic price glitches through the years. These events underscore the extreme riskiness of crypto markets and the risk of mistakes across various platforms. These events, which include everything from temporary exchange spikes to erroneous price reporting on major...
The Department of Justice (DOJ) is shifting its enforcement priorities away from cryptocurrency-related crimes, a move that has sparked both concern and support. This announcement involves dissolving the National Cryptocurrency Enforcement Team (NCET) and focusing on concerns like immigration and procurement fraud. While some experts worry this shift could embolden...
KiloEx, a relatively new DEX, promised a hacker a lucrative 10% white hat bounty of $750,000. In exchange, they asked the hacker to refund 90% of the funds taken from their platform. Yet the offer, listed on April 15, was announced even after the platform shut down its DEX for...
KiloEx, a decentralized perpetuals trading platform incubated by YZi Labs, just hit the news with a $2 million+ exploit. This incident led to total losses of approximately $7.4 million on all chains combined. As a direct result, the cross-chain attack caused the instant suspension of all platform operations. Within hours...
On April 14, 2025, KiloEx, a decentralized exchange (DEX), experienced a devastating hack. This episode resulted in a mind-boggling $7.5 million loss from its Vault tool. Because the exploit manipulated prices on ETH/USD pairs for a range of cryptocurrencies, the price of KiloEx’s native token, KILO, plummeted. In response, KiloEx...
According to Chainalysis, a blockchain analysis firm, it’s their mission to fight cryptocurrency fraud. They are further improving their abilities by creating connections from on-chain data to real-world data. This integration gives them the power to catch and hold scammers accountable like never before. It connects the dark, anonymous world...
Puran Crypto Recovery is changing the game in the fight against cryptocurrency scams. As a result, they have returned millions of dollars to victims from around the world. Typically the company’s cyber team uses the most advanced forensic tools available to trace and recover assets and to turn victims into...
Phantom, a prominent crypto wallet provider, faces a lawsuit following a $500,000 memecoin exploit allegedly caused by a security flaw in its system. The firm claims over 15M active users and more than $20B in token swaps in 2024 so far. Instead, it now finds itself under the shadow of...
