Top Crypto Hacks of the Week ๐Ÿ˜ฑ๐Ÿ’ฐ

Top Crypto Hacks of the Week ๐Ÿ˜ฑ๐Ÿ’ฐ


Crypto Hacks Roundup: A Recap of the Past Week’s Events

As a dedicated follower of the crypto world, you must stay informed about the recent events that shook the industry. Dive into a recap of the past week’s crypto hacks, from major account breaches to token downfall triggers. Let’s explore the key incidents that unfolded in the crypto sphere recently.

MicroStrategyโ€™s X account hacked; malicious links posted to a fake airdrop

– Unauthorized access led to the largest corporate Bitcoin holder, MicroStrategy, getting hacked
– Hackers posted malicious phishing links using the X account credentials
– Losses amounted to nearly $500,000, with multiple altcoins stolen
– A fake airdrop lured users with links to an unofficial Ethereum-based MSTR token
– Clicking the link redirected users to a phony MicroStrategy page to drain tokens

Serenity Shield plunges into chaos as $5.6M theft triggers token downfall

– Serenity Shield token witnessed a 99% decline in value post $5.6 million theft
– 6.9 million SERSH tokens were stolen from a team MetaMask wallet
– Trading, deposits, and withdrawals of SERSH on exchanges halted temporarily
– Efforts underway to restore liquidity and launch a new SERSH token for ecosystem protection

Seneca protocol recovers 80% of $6.4 Million stolen through white hat bonus

– Seneca’s Chamber contracts compromised by bug approval leading to fund theft
– $6.4 million stolen, with 80% ($5.3 million) recovered through a Whitehat request
– Breach didn’t impact funds directly deposited into Seneca but targeted user wallets

Capital killers render Grayscale Capital official website inaccessible

– Anti-capitalist hacker group attacked Grayscale official website
– Page inaccessible, except for Grayscaleโ€™s Bitcoin ETF GBTC page
– Hacker group claimed the attack as a gesture of support for fairness and anti-capitalism

Privacy focused Aleo faces privacy leak issues

– Aleo exposed KYC information due to an email metadata error
– Private identification documents sent to wrong users
– Incident affected around 10 participants, prompting investigation and information removal

The Shido Network rugpulls to $2.1 Million

– The Shido Network on the Ethereum blockchain experienced a rug pull
– Token staking contract upgraded, leading to withdrawal and token dump
– $2.1 million worth of SHIDO tokens converted to 692 ETH in the rug pull

Hot Take: Recap of the Week in Crypto Hacks

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The past week was eventful in the world of crypto hacks, showcasing vulnerabilities and security lapses across various platforms. Stay vigilante and informed about such incidents to protect your assets and stay ahead in the dynamic crypto landscape. Until next time, keep an eye out for our weekly roundups to stay updated on the latest in crypto!

Top Crypto Hacks of the Week ๐Ÿ˜ฑ๐Ÿ’ฐ
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Cino Gaperi stands out as a prominent crypto analyst, accomplished researcher, and adept editor, making significant contributions to the field of cryptocurrency. With a strong background in crypto analysis and research, Cino’s insights delve deep into the intricate aspects of digital assets, appealing to a diverse audience. His keen analytical skills are complemented by his editorial proficiency, allowing him to distill complex crypto information into easily digestible content. Cino’s contributions serve as a valuable compass for both seasoned enthusiasts and newcomers, guiding them through the dynamic landscape of cryptocurrencies with well-researched perspectives. With a commitment to precision, he empowers informed decision-making within the ever-evolving crypto sphere.