Crypto.com breach may be worth up to $33M, suggests onchain analyst

[ad_1] Onchain analyst claims that Crypto.com’s loss in the latest security breach might have been worth more than the reported $15 million. Pseudonymous ErgoBTC, an on-chain analyst at Bitcoin (BTC) research firm OXT Research, claims that the Crypto.com security breach that was said to have resulted in the loss of 4.6K ETH ($15 million), may be worth up to $33 million. Adding another 444 BTC to the previously reported 4.6k ETH from yesterday’s @cryptocom hack. Still no acknowledgement of loss, despite large outflows from the custodial wallet into ETH’s Tornado…

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BadgerDAO reportedly suffers security breach and loses $10M

[ad_1] The BadgerDAO decentralized finance protocol appears to have suffered from a cyber attack leading to the loss of a reported $10 million at the time of writing.  The attack, which was made public at about 2 a.m. UTC on Dec. 2, targeted the protocol on the Ethereum network at contract address 0x1fcdb04d0c5364fbd92c73ca8af9baa72c269107.  FYI, nasty frontend attack on Badger, looks like ~10m taken out of people’s wallets using rug approval. If you’ve interacted with anything badger related in last few weeks, check and revoke asap https://t.co/vJPMmBZ3af — Spreek (@spreekaway) December…

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