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News
A whitehat hacker is holding $320 million in drained Bitcoin until developers prove they patched a fatal network flaw
6+ day, 1+ hour ago (611+ words) SideSwap says bug-created L-BTC passed a valid peg-out flow, prompting federation signers to release about 3,996 real BTC. Liquid Network was effectively halted after nearly $320 million in Bitcoin left its federation reserve through an abnormal peg-out. The incident began Sept. 6 when…...
How a hacker reused the same authorization message 1,490 times to trigger massive crypto payout loops
1+ week, 4+ day ago (462+ words) The Aug. 30 postmortem traces the replay flaw to mismatched serial-number checks and a 105-minute response gap. According to the ICON Foundation, the Aug. 27 ICON replay exploit released 119,866,000 ICX and 531,600 bnUSD from foundation-held assets after two legitimate withdrawal messages were reused…...
Revolut tricked into handing hackers the passports and Bitcoin histories of wealthy customers
19+ hour, 4+ min ago (568+ words) The attacker used an unauthorized mailbox inside a genuine government domain, allowing the request to clear Revolut’s authentication controls. Affected customers were told Friday that the disclosed information could include passport or driver’s license copies, verification selfies, names, dates of…...
Liquid recovers 3,400 BTC as hacker asks "is that ok?" after pocketing $47 million in Bitcoin
4+ day, 22+ hour ago (463+ words) The Sept. 7 return replenished the federation wallet, but Blockstream still listed a public bridge outage the following morning. Bitcoin's Liquid sidechain received 3,400 BTC back into its federation wallet on Sept. 7 after a reserve drain. The partial recovery restores assets behind…...
Blockstream bets 600 Bitcoin by rejecting Liquid hacker’s $50 million bounty demand
1+ day, 15+ hour ago (1009+ words) The fight over the remaining $46 million is splitting crypto over whether rewarding partial restitution encourages cooperation or invites extortion. Blockstream is refusing to pay the Liquid attacker nearly 600 Bitcoin (roughly $50 million), escalating a dispute over how the crypto industry should…...
SafePal breach exposes 40,000 customers as hardware wallet attacks escalate from data leaks to $100 million theft
3+ week, 6+ day ago (638+ words) Recent incidents involving SafePal, Trezor, Ledger and Coldcard show threats spreading from compromised customer records and targeted phishing to direct Bitcoin losses. SafePal has become the latest hardware-wallet provider to suffer a security incident after an authorization flaw exposed personal…...
Ethereum's Vitalik Buterin puts 60% odds on a cryptography breakthrough that could weaken Wall Street middlemen
5+ day, 23+ hour ago (804+ words) Vitalik Buterin sees a 60% chance that advanced cryptography becomes cheap enough to reshape Ethereum privacy. On Sept. 6, the Ethereum co-founder said there is a 60% probability that SNARKs, fully homomorphic encryption and indistinguishability obfuscation will eventually operate at less than 10 times…...
Scan reveals 96,000 fake-address outputs clogging Bitcoin’s unspent database
1+ week, 2+ day ago (550+ words) Bitquery’s scan shows why cheap OP_RETURN repetition and fake-address text impose radically different costs on Bitcoin nodes. Blockchain data company Bitquery published a census on Sept. 2 of four ways text appears in Bitcoin, scanning 965,135 blocks and revealing that the same words…...
Solana’s 50,000 SOL security contest did not cover a clock attack disclosed months earlier
3+ week, 2+ day ago (1075+ words) Solana's legacy PoH and TowerBFT paths were out of scope, and no paper-specific implementation review is public. At USENIX Security on Aug. 12, researchers presented a Solana Proof-of-History clock attack they had disclosed privately to Solana developers in December 2025. Anza's 50,000 SOL…...
Attackers drove 63% of early use of Ethereum’s new smart wallet feature
3+ week, 2+ day ago (1095+ words) Ethereum's shortcut to smart wallet behavior arrived with a new trust problem: a wallet can make a regular address programmable without moving the user's assets, while the delegated code gains power to act with that account's authority. A peer-reviewed study…...