Saga exploit aftermath showing a fractured blockchain link representing the $7 million security breach.
Bitcoin News

Saga Exploit: Devastating $7M Attack Cripples Layer 1 Protocol’s SagaEVM Chain

In a significant blow to blockchain security, the Layer 1 protocol Saga confirmed a devastating exploit resulting in the loss of approximately $7 million. The attack targeted its SagaEVM chain on June 15, 2025, prompting immediate network suspension. This incident underscores persistent vulnerabilities within the rapidly expanding smart contract ecosystem. Consequently, the Saga team initiated […]

DeFi protocol Makina security breach showing blockchain vulnerability and financial loss
Bitcoin News

DeFi Protocol Makina Suffers Devastating $5M Oracle Manipulation Hack

In a significant blow to decentralized finance security, the Makina protocol experienced a devastating $5 million exploit on March 15, 2025, marking another critical vulnerability in the rapidly evolving DeFi ecosystem. Blockchain security firm CertiK confirmed the attack targeted Makina’s DUSD/USDC liquidity pool through sophisticated oracle manipulation techniques. This incident immediately raises urgent questions about […]

Analysis of Ethereum network activity surge linked to address poisoning attack risks.
Bitcoin News

Ethereum Network Activity Surge: Alarming Link to Widespread Address Poisoning Attacks

A dramatic and concerning surge in Ethereum network activity has security analysts and blockchain researchers on high alert, with new data pointing directly to a rise in sophisticated address poisoning attacks exploiting recently lowered transaction costs. This unexpected spike, which saw daily transactions approach a record 2.9 million and over 2.7 million new addresses created […]

Conceptual image of blockchain security failure and the crypto hack recovery crisis, showing a fractured digital shield.
Bitcoin News

Crypto Hack Recovery Crisis: 80% of Exploited Projects Face Permanent Collapse, Immunefi CEO Warns

In a stark revelation that underscores the existential threat facing decentralized finance, Immunefi CEO Mitchell Amador has declared that a staggering 80% of cryptocurrency projects never fully recover after a major security breach. This critical insight, shared in an exclusive interview with Cointelegraph, paints a sobering picture of an industry where a single exploit often […]

ZachXBT investigation reveals hardware wallet scam causing major cryptocurrency theft and Monero price surge.
Bitcoin News

Hardware Wallet Scam Nightmare: ZachXBT Exposes $282M LTC, BTC Theft That Fueled Monero Surge

In a shocking revelation that has sent ripples through the cryptocurrency community, renowned blockchain investigator ZachXBT has exposed a sophisticated hardware wallet engineering scam resulting in the catastrophic theft of over $282 million in Litecoin (LTC) and Bitcoin (BTC). This meticulously executed heist, occurring around 11:00 p.m. UTC on January 10, 2025, did not just […]

Sonic Labs successfully recovers funds from Beets DEX exploit, restoring cryptocurrency to victims.
Bitcoin News

Sonic Labs Triumphantly Recovers 5.8 Million S Tokens from November Beets Exploit

In a significant victory for decentralized finance security, Sonic Labs has successfully recovered and distributed 5,829,196 S tokens to victims of the November Beets exploit, demonstrating remarkable resilience in blockchain incident response. This recovery represents a crucial precedent for DeFi security protocols and victim compensation mechanisms within the rapidly evolving cryptocurrency ecosystem. The announcement came […]

An abstract image representing **crypto risk analysis** and financial security, showing digital graphs and a secure padlock, symbolizing Agio Ratings' $6M funding to enhance digital asset safety.
Press Release

Crypto Risk Analysis Firm Agio Ratings Secures Crucial $6M for Enhanced Security

The volatile cryptocurrency market constantly evolves. Therefore, sophisticated risk assessment tools are more critical than ever. Investors and institutions seek reliable insights. Leading the charge in this essential field, Agio Ratings, a prominent **crypto risk analysis** firm, recently announced a significant achievement. They secured a substantial $6 million in a crucial funding round. This investment […]

CertiK and Wemade logos representing their collaboration to enhance blockchain security for a won-denominated stablecoin.
Press Release

CertiK Forges Pivotal Partnership with Wemade for Secure Won-Denominated Stablecoin

The digital asset landscape constantly evolves. Therefore, robust security measures become increasingly critical. A significant development recently emerged from Seoul, where leading global blockchain security firm CertiK announced its participation in Wemade’s ‘Project Stable One’ technology demonstration. This event marks a crucial step. The two firms discussed long-term Web3 strategies. They also unveiled a collaboration […]