GMX Exploited for $40M in GLP Pool Attack, Offers Hacker 10% Bounty For Return

GMX suffered a $40 million exploit due to a design flaw in its V1 protocol, allowing an attacker to manipulate GLP pricing and redeem inflated assets. The attacker later bridged funds via Circle, swapped into 11,700 ETH, and triggered backlash over Circle’s delayed response and failure to freeze the stolen USDC.

Jul 10, 2025

Crypto Losses Exceed $2.1 Billion in H1 2025 Across 75+ Hacks

Both TRM Labs and CertiK have released reports highlighting that the majority of crypto losses in H1 2025 were concentrated in a few major incidents, with North Korean threat actors emerging as key perpetrators.

Jul 02, 2025

Resupply Exploit: 6 Million reUSD Burn Proposed in Recovery Plan

The protocol proposes burning 6 million reUSD from its insurance pool as part of the recovery plan. OneKey’s founder raises ethical concerns over burdening users.

Jun 30, 2025

Blockchain Security Auditor Hacken Hacked: $HAI Tanks 99% After Private Key Leak

A critical human error at blockchain security firm Hacken caused a private key leak, enabling the minting and dumping of 900 million $HAI tokens — an ironic failure for a company specializing in Web3 security.

Jun 23, 2025

Politically Charged Hack Destroys $100 Million on Iran’s Nobitex Exchange and Leaks Source Code

Political Motives Drive Unprecedented Asset Destruction on Crypto Exchange.

Jun 19, 2025

Paraguay President’s X Account Hacked, Spreads False Claim of Bitcoin as Legal Tender

Government clarifies no policy change as crypto fraud targets high-profile accounts.

Jun 10, 2025

Sui Community Passes Proposal to Recover Stolen Funds from Cetus Hack, Ensuring Full User Reimbursement

Cetus to Utilize Recovered Funds, Treasury Assets, and Sui Foundation Loan for Complete Compensation.

May 28, 2025

Cryptocurrency News Account Watcher.Guru X Account Hacked Despite 2FA Protection

Incident Raises Alarming Questions About Social Media Security Standards in Crypto Industry.

Mar 21, 2025