Abracadabra Hit by Third Exploit in Two Years, Losing $1.7M
The DeFi Abracadabra protocol was hit by its third major exploit since the beginning of 2024, with attackers draining around $1.7 million by circumventing a smart contract credit check.
The ‘Hack’ section on crypto brings together news and insights on hacker attacks in the cryptocurrency world, highlighting vulnerabilities, economic impacts and security measures taken.
35 PostsThe DeFi Abracadabra protocol was hit by its third major exploit since the beginning of 2024, with attackers draining around $1.7 million by circumventing a smart contract credit check.
SBI Crypto, part of Japan's largest digital asset conglomerate, was hacked for $21 million in Bitcoin, Ethereum and other assets, with blockchain researchers
Kazakh authorities dismantled RAKS, a shadowy crypto exchange that operated for three years, facilitating money laundering for over 200 drug shops and 20 darknet marketplaces, with an illicit flow of $224 million.
SwissBorg suffered a serious hack: $41.5M in Solana stolen from the SOL Earn programme after an API exploit.
A new phishing kit on the dark web imitates Ledger Wallet, threatening crypto users.
The US seized $2.8 million in cryptocurrencies linked to an international ransomware group.
Biggest Bitcoin theft in history: LuBian loses 127,426 BTC worth $14.5 billion.
CoinDCX suffers $44.2 million hacker attack. Customer funds not involved.

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