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The Latest Breaking News from CertiK

G8Keep vs CertiK: Crypto Auditing Firm Removes Token Platform's Profile After Co-founder Callout

Crypto users are calling out leading blockchain security firm CertiK after the co-founder of Web3 token platform g8keep revealed that the blockchain auditing platform gave it a low score even without a code available for scoring.

International Business Times

Crypto Whale Previously Scammed For $638K Loses Nearly $7M To Permit Phishing Attack

A crypto whale account that already lost over $600,000 to a phishing attack last year has once again been exploited, but this time, the losses have climbed to the millions.

International Business Times

Tornado Cash Most Used In Majority Of Security Incidents During Q1: Security Firm

CertiK revealed that OFAC-sanctioned Tornado Cash was still used by threat actors in most of the security incidents in crypto in the first three months of the year.

International Business Times

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Protocol Project That Claimed Fake Blockchain Security Audits Vanishes After Callout

ATMA, which amassed over $400,000 from investors who thought the blockchain protocol project wouldn't be a scam, has vanished.

International Business Times

CertiK said in its March 2024 report that the confirmed crypto-related exploits during the month resulted in over $52 million in losses, further highlighting the evolving ways through which threat actors leverage vulnerabilities in the cryptocurrency sector.

International Business Times

Liquid Staking Protocol Prisma Finance Exploited For $11.6 Million

Prisma Finance has been exploited for $11.6 million, blockchain security firms revealed Thursday. The protocol confirmed the exploit but has yet to provide further details about the smart contract hack.

International Business Times

Nearly $239M Lost So Far In 2024 From Crypto Private Key Hacks: CertiK

The cryptocurrency kingdom has lost some $239 million worth of digital assets in just four months in 2024 to private key compromises, indicating that threat actors will continue to use this specific attack vector to steal funds from even the biggest crypto figures and entities this year.

International Business Times

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Address Linked To $24M Phishing Of Crypto Whale Moves $10M To Tornado Cash

Funds traced back to the September 2023 phishing of a crypto whale's account moved Thursday, Certik revealed, once again urging cryptocurrency users to be vigilant amid the evolution of crypto scam methods.

International Business Times

Bitcoin Bridge Project OrdiZK Goes Dark With $1.4M Gone In Apparent Exit Scam

Bitcoin bridge OrdiZK, which was painted by its developers as a Bitcoin, Ethereum and Solana bridge, has reportedly vanished, taking with over a million worth of Ether into the unknown.

International Business Times

Seneca Protocol Hacker Returns Over $5M Worth ETH From $6.4M Breach

Seneca was exploited for around $6.4 million Wednesday, but the hacker has since returned millions worth of the pilfered ETH and kept some 20% of the stolen funds.

International Business Times

Crypto Security On The Rise: 27.78% Year-On-Year Decline In Hacks, Scams

November stood out as the month with the highest reported losses last year, totaling $363,367,327 from 45 incidents.

International Business Times

OKX Wallet Users Alerted To Update App Due To A Critical Vulnerability

The exchange assured users no customers' assets had been compromised by the vulnerability even before the fix was deployed.

International Business Times

Catch up on crypto with these 5 stories

Here's a roundup of some excellent crypto and finance writing you likely missed in the last 10 days.

Fortune

Crypto: Hacker Steals Nearly $600 Million from Biggest Platform

Binance has been hit by a spectacular hack that will cause a stir in the industry.

The Street

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The Street

Crypto: Spectacular Hack Reinforces Concern About Industry Security

The largest crypto trading platform has been hit by a huge hack that will cause a stir in the industry.

ABC News

A fugitive Chinese billionaire claims this cryptocurrency will overthrow Beijing. The trading platform denies concerns that it has some 'hallmarks of a scam'

An ABC investigation unravels a sophisticated cryptocurrency operation endorsed by a political movement founded by exiled billionaire Guo Wengui and former Trump adviser Steve Bannon.

Benzinga

Shiba Inu DEX Takes Top Spot On CertiK's Security Leaderboard

Shiba Inu’s (CRYPTO: SHIB) decentralized exchange (DEX) ShibaSwap now ranks first on CertiK’s security leaderboard. What Happened: In an announcement on Wednesday, CertiK revealed that ShibaSwap received a Skynet Security Score of 93/100.

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