Four More Crypto Hacks Land in the Days After Binance
Brazil's largest exchange, an unnamed EU entity, BTCPay merchants and a dozen DeFi websites were all hit between Friday and Monday.
Days after Binance's record hack, four more attacks hit crypto between Friday and Monday, draining more than $146M by early estimates from Brazil's largest exchange, an unnamed EU entity and a dozen DeFi websites, plus an untallied amount from BTCPay merchants.
What's the Scoop?
Mercado Bitcoin: Brazil's largest exchange paused deposits and withdrawals Monday after a security incident, saying clients lost nothing. Security firm Hypernative estimates over $40M was drained across at least 10 blockchains, a figure the exchange hasn't confirmed.
The $106M Mystery: Onchain sleuth ZachXBT says an EU entity is suspected of losing $106M+ from several exchange accounts on Nov. 1, with some funds converted to privacy coin Monero. He's confident "it is NOT Lazarus Group," North Korea's hackers. Neither the victim nor the exchanges have been named.
BTCPay: Attackers stole bitcoin and litecoin from hot wallets on outdated copies of BTCPay Server, a self-hosted payment processor for merchants, running version 2.4.1 or older. BTCPay hasn't given a loss total.
Name.com: Late Friday, 12 DeFi sites registered with Name.com, including Kintsu and Origami, were redirected to a wallet drainer, and The Block traced about $138K stolen.
David Christopher
David is a writer/analyst at Bankless. Prior to joining Bankless, he worked for a series of early-stage crypto startups and on grants from the Ethereum, Solana, and Urbit Foundations. He graduated from Skidmore College in New York. He currently lives in the Midwest and enjoys NFTs, but no longer participates in them.
