Exploits

WazirX CEO Nischal Shetty (WazirX)
WazirX to Phase In Indian Rupee Withdrawals Starting Aug. 26
Users of the Indian crypto exchange will be able to take out up to 66% of their rupee funds in two phases following a suspension instituted after last month's $230 million dol...
WazirX CEO Nischal Shetty (WazirX)

(Mika Baumeister/Unsplash)
Defi Hacks Remain a Major Threat Despite 50% Decline in 2023: Halborn
The report warns that protocols should improve security by using multi-sig wallets and vetting counterparty code.
(Mika Baumeister/Unsplash)

(fikry anshor/Unsplash, modified by CoinDesk)
Terra Blockchain Restarts After $4M Exploit
A reentrancy attack briefly halted the network. It restarted after an “emergency” chain upgrade.
(fikry anshor/Unsplash, modified by CoinDesk)

(Kevin Ku/Unsplash)
WazirX Hack Sends SHIB, WRX Tumbling as Bitcoin, Tether Trade at Massive Discount
Most coins, including market leader bitcoin and USDT, are trading at a significant discount on WazirX.
(Kevin Ku/Unsplash)

Justine Bone, executive director of Crypto ISAC.
Crypto Gets Another 'Neighborhood Watch' to Guard Against Hacks
Justine Bone, a cybersecurity firebrand whose research led to recalls of half a million faulty pacemakers, leads the soon-to-launch information-sharing and analysis center (IS...
Justine Bone, executive director of Crypto ISAC.

Still from Sergio Leone's 1965 classic spaghetti western "For a Few Dollars More," where Clint Eastwood plays an antihero character with an unorthodox sense of justice. (Wikimedia Commons)
Your Crypto Project Needs a Sheriff, Not a Bounty Hunter
Avi Eisenberg’s centi-million dollar exploit of the decentralized Mango Markets trading platform revealed the perverse incentives of bug bounties.
Still from Sergio Leone's 1965 classic spaghetti western "For a Few Dollars More," where Clint Eastwood plays an antihero character with an unorthodox sense of justice. (Wikimedia Commons)

Edvard Munch's "The Scream" (Art Institute of Chicago)
The Munchables Hack Is Way Worse Than It Seems
Apparently orchestrated from North Korea, the $63 million hack adds grist to the argument that crypto exploits pose a plausible national security risk.
Edvard Munch's "The Scream" (Art Institute of Chicago)

OrdiZK appears to have suffered a rug pull. (Clint Patterson/Unsplash)
Bitcoin Bridge OrdiZK Suffers Apparent $1.4M Rug Pull, Token Crashes to Zero: CertiK
The OrdiZK website and social media accounts are also offline.
OrdiZK appears to have suffered a rug pull. (Clint Patterson/Unsplash)

(fikry anshor/Unsplash, modified by CoinDesk)
Fantom Seeks Money Back From Multichain’s $200M Exploit
The move aims to enable victims to “partially recover” assets lost in one of the biggest exploits in 2023.
(fikry anshor/Unsplash, modified by CoinDesk)

(Kevin Ku/Unsplash)
Binance Freezes $4.2M in XRP Tokens Stolen From Ripple Executive's Wallet
Over $120 million in XRP was stolen from Ripple Labs Executive Chairman Chris Larsen earlier this week.
(Kevin Ku/Unsplash)