Tag Archives: crypto exploit

$30 Million Hack Alert? Crypto Exchange Phemex Suspends Withdrawals After Suspicious Transactions

Posted on by — No Comments ↓

Crypto exchange Phemex appears to have been the victim of a multi-million exploit on Thursday, according to online reports. Millions worth of USDT, USDC, Ethereum (ETH), and other crypto assets were stolen from the exchange’s hot wallets, resulting in a temporary half of withdrawals. Phemex Suffers First Crypto Exchange Hack Of 2025 On Thursday morning,… Continue reading $30 Million Hack Alert? Crypto Exchange Phemex Suspends Withdrawals After Suspicious Transactions→

DeFi Platform Delta Primes Loses $6 Million In Security Breach, Is North Korea Involved?

Posted on by — No Comments ↓

Decentralized Finance (DeFi) platform Delta Primes suffered a security breach on Monday, affecting the protocol’s users. The attack took $6 million from the project’s pools and is under investigation. However, on-chain investigators suspect it could be linked to North Korean hackers and be part of a larger-scale scheme. Hackers Drain $6 Million From DeFi Protocol… Continue reading DeFi Platform Delta Primes Loses $6 Million In Security Breach, Is North Korea Involved?→

Gala Games Announces Partnership With Animoca Brands, GALA Token Plunges 6.7%

Posted on by — No Comments ↓

Web3 and blockchain gaming firm Gala Games partnered with Animoca Brands to boost its native token. The companies joined forces to develop the altcoin and enhance users’ experience. Nonetheless, GALA has faced a 6.7% price decline following the news. Gala Games To Boost User Experience On Wednesday, Gala Games announced its partnership with Hong Kong-based… Continue reading Gala Games Announces Partnership With Animoca Brands, GALA Token Plunges 6.7%→

Gala Games Recovers $23M Stolen By Hacker, Plans Token Buyback Program

Posted on by — No Comments ↓

In a recent security incident, Gala Games, a Web3 gaming company, fell victim to an exploit that led to the unauthorized minting of 5 billion tokens, equivalent to approximately $214 million.  The hacker behind the breach subsequently sold 592 million GALA tokens, amounting to $21.8 million in value, as blockchain analysis firm Lookonchain confirmed. CEO… Continue reading Gala Games Recovers $23M Stolen By Hacker, Plans Token Buyback Program→

Crypto Post-Mortem: Here’s How Pump.Fun Was Exploited For $2 Million

Posted on by — No Comments ↓

Solana-based platform Pump.fun suffered an exploit that left the crypto community with many questions. The attack stole millions of dollars in users’ funds, but the reasons behind it and the exact amount of the loot were unclear. Amid the uncertainty, some claimed that a crypto Robinhood had emerged. $80 Million Taken In Crypto Heist? On… Continue reading Crypto Post-Mortem: Here’s How Pump.Fun Was Exploited For $2 Million→