Hack

On Thursday, Ronin gaming platform wallets were compromised, resulting in the theft of approximately $9.5 million worth of Ethereum. The perpetrators utilized Tornado Cash service to launder the stolen funds, mixing transactions from multiple users to obscure the cryptocurrency's origin. Among the affected individuals is one of the founders of Ronin and Axie Infinity, who disclosed the incident on Twitter.
Theft Details: 3,250 ETH Moved by Unknown Perpetrators
A precise sum of 3,250 ETH was siphoned from gaming wallets on the Ronin network, amounting to $9.5 million. The attackers subsequently transferred these funds to three distinct Ethereum wallets via a network bridge. The ETH was then laundered through the Tornado Cash service, complicating its traceability.
Personal Accounts of Jeff 'Jiho' Zirlin Compromised
Jeff "Jiho" Zirlin, co-founder of Ronin and Axie Infinity, announced on Thursday evening that his personal wallets had been compromised in the attack. He stated that the attack solely targeted his personal accounts and did not impact the security or operations of the Ronin network or the activities of Sky Mavis, the company behind it.

Security of Ronin and Sky Mavis Unaffected
In response to the incident, Aleksander "Psycheout" Larsen, another founder of Sky Mavis, emphasized that the attack has no bearing on the security measures of the Ronin network bridge or the company's financial assets. Larsen highlighted that the bridge itself has undergone several security audits and is equipped with mechanisms to prevent excessive fund withdrawals.
Impact on Ronin's Market Value
As a consequence of the attack and fund depletion, the value of Ronin cryptocurrency (RON) experienced a decline, with its price plummeting from approximately $3.17 to $2.74, marking a decrease of over 13% within minutes. At the time of writing, the price partially recovered to $2.97.
Historical Context: Ronin Bridge Attack
The incident occurs two years after the attack on the Ethereum Ronin bridge, during which cryptocurrency worth $622 million was stolen. The attack was attributed to the Lazarus hacking group from North Korea, exploiting the insufficient decentralization at that time. Subsequently, a portion of the stolen funds was recovered, and Sky Mavis reimbursed users for all losses from the February 2022 attack.

$ETH
#Ronin #hack

Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

Gala Games CEO Eric Schiermeyer has confirmed that a "security incident" led to the unauthorized sale of 600 million GALA tokens, worth approximately $23 million. The breach, which Schiermeyer attributed to "messed up" internal controls, has raised significant concerns within the blockchain gaming community.
Incident Overview
On May 20, at 7:32 pm UTC, blockchain observers reported the minting of 5 billion GALA tokens, valued at around $200 million at the time. The compromised wallet was selling the tokens in batches, leading to a sharp drop in GALA's price. The token hit a 24-hour low of $0.038, a 20% decrease from its daily high, before recovering slightly to $0.041, according to CoinGecko.
“We had an incident that resulted in the unauthorized sale of 600 million GALA tokens and the effective burn of 4.4 billion tokens,” Schiermeyer wrote in a May 20 post on X (formerly Twitter). He admitted, “We messed up our internal controls. This shouldn’t have happened, and we are taking steps to ensure it doesn’t happen again.”
Response and Mitigation
Gala Games quickly identified the compromise and revoked unauthorized access to the GALA contract. Schiermeyer assured users that the Ethereum contract was secure and had not been compromised. The company believes it has identified the person responsible and is collaborating with the FBI, the U.S. Justice Department, and international authorities to address the incident.
In a follow-up post on X, Gala Games announced that the security breach had been contained and the affected wallet frozen. However, details about the perpetrator and the method of access to the GALA contract remain undisclosed.
Ongoing Legal Disputes
This security incident occurs amid ongoing legal battles between Schiermeyer and Gala Games co-founder Wright Thurston. Both have filed lawsuits against each other, with Thurston accusing Schiermeyer of squandering millions in company assets, while Schiermeyer alleges that Thurston stole $130 million worth of GALA tokens.
Gala Games did not respond to requests for additional comments.
The incident underscores the critical need for robust internal controls and security measures in the cryptocurrency and blockchain industries, as companies continue to navigate complex technological and legal landscapes.
$GALA #GALA #GalaGames #hack

Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

⚡LEVEL ( LVL ) Finance Hacked...$1 Million

LEVEL Finance is a Decentralized and Non- Custodial perpetual market on Binance Smart Chain ( BSC )

An exploit targeted the Referral Controller Contract

💥 214k LVL tokens drained to exploiters address

💥 Attacker swapped LVL to 3,345 BNB

💥 Exploit was isolated from other contracts

💥 Fix to be deployed in 12 Hrs.

💥 LP's and DAO treasury Unaffected

#Binance #DeFi #BSC #hack #LVL

The cross-chain bridge of Orbit Chain was compromised by an exploit, which led to the loss of Tether, DAI, USDC, wBTC, and ETH with a combined value of around $81.4 million.
The vulnerability was exploited by the exploiter, who then transferred funds to a new wallet.
A weakness in the bridge or a hack in the centralized server was discovered as the primary reason by the blockchain security company SlowMist which was responsible for the investigation.
It has been revealed that a hack occurred on Orbit Bridge, which is a protocol for interchain communication that is utilized for asset conversion. A total of around $81.4 million worth of cryptocurrency were stolen from the system.
The Orbit Bridge was struck by a number of significant discharges.
An vulnerability that was worth $81.4 million was apparently used by hackers to ring in the New Year with Orbit Bridge. A number of significant outflows were discovered by the blockchain security company SlowMist and the on-chain intelligence service LookOnChain. These outflows were encountered via the cross-chain protocol.
According to the latter, the Orbit Bridge was responsible for the transfer of 30 million Tether (USDT), 10 million DAI, 10 million USDCoin (USDC), 231 wBTC (worth over $10 million), and 9,500 ETH (worth around $21.5 million) in five distinct transactions.

After doing a preliminary examination from the outside, SlowMist came to the conclusion that either the centralized server has been compromised or there is a potential vulnerability in the Orbit Chain bridge. A further in-depth investigation is currently being carried out by the company in order to obtain additional information on the attack.
The hacking of Orbit Chain has been confirmed.
Orbit Chain reported the hack on its protocol in a tweet that was published not too long ago on X. The tweet described the breach as a "unidentified access" to the bridge. A comprehensive investigation into the underlying cause of the assault is currently being carried out by the company, which has said that it is actively collaborating with law enforcement authorities in order to identify the perpetrator of the incident.
#hack #OrbitChain

Now people are being robbed and swindled more ruthlessly!!!

Hackers hacked the official account of Myanmar's Prime Minister Min Aung Hlaing on the social network X (formerly Twitter) and announced the launch of a fake "national cryptocurrency of the Republic." Posts advertising the tokens appeared on February 22, 2025, and sparked a wave of discussions in the community.

The Coinbase hack saga continues following a breaking development about the US Justice Department’s plans to open an investigation into the data breach against the top crypto exchange.
This follows the company’s debut on the S&P 500, with the COIN stock price closing the day in the red.
US Justice Department To Investigate Coinbase Hack
According to a Bloomberg report, the US DOJ has opened a probe into the recent data breach at crypto exchange Coinbase.
Investigators, including those in the department’s criminal division in Washington, are reportedly digging into the events that led to the breach.
As we reported last week, the top crypto exchange suffered a cyberattack. The criminals allegedly bribed and recruited rogue customer service agents overseas to gain access to users’ personal data.
The company claimed that the hackers didn’t gain access to any sensitive data. Meanwhile, the exchange promised to reimburse affected customers of the Coinbase hack.
Additionally, they launched a $20 million reward to track down the exploiters, who had blackmailed them for the said amount in exchange for not releasing the data.
The Coinbase data breach affected top executives, including Sequoia Capital’s Roelof Botha. Meanwhile, exchanges Binance and Kraken reportedly also faced similar incidents.
Crypto millionaires have moved to hire bodyguards following the hack. The exchange is also facing up to six lawsuits due to the compromised user personal data.
Exchange Debuts On S&P 500
Amid the launch of the probe into the Coinbase hack, the exchange debuted on the S&P 500 today, becoming the first and only crypto company to achieve this milestone.
We also reported last week that the crypto exchange would replace Discover Financial Services, following Capital One’s acquisition of the latter.
Despite the debut, the COIN stock price closed the day in the red, trading at around $263.
The stock rebounded to this price level last Friday following the crash on May 15 due to reports of the data breach and the ongoing SEC investigation into alleged misleading user numbers in past disclosures.
The exchange’s Chief Legal Officer, Paul Grewal, confirmed that they are cooperating with the SEC on the investigation, although he believes it shouldn’t continue.
Meanwhile, concerning the Coinbase hack, Grewal also revealed that they have notified and are working with the DOJ and other US and international law enforcement agencies.

#CoinbaseExchange. #coinbase #Hack #Hacked #HackerAlert

One crypto user got hit twice in a single night, losing $2.6 million in $USDT. The tool? A sneaky zero-value transfer scam.
#Bitcoin2025 #Hack
🧠 Here’s how it works:
🔹 Attackers send $0 transfers to fake but similar addresses

🔹 These show up in your wallet history

🔹 Victims mistake them for trusted contacts

🔹 They later send real funds — straight to the scammer

🔹 No private key needed for the scam to appear onchain
The victim first lost $843K, then sent another $1.75M just hours later. This is not a new tactic — one scammer pulled off $20M using this trick last year.
It’s an advanced form of address poisoning — and it works. Always double-check full wallet addresses. Don’t rely on history or “familiar” characters.
This scam is getting smarter. Are you?

The Trezor hardware wallet account on social network X has become a target for attackers who have been posting enticing posts luring users into fraudulent token offers. This situation raises suspicions of a hack, likely through a SIM card exchange attack.
Detectives on the Trail: Alerting Suspicious Activity
Independent blockchain expert ZachXBT and security service Scam Sniffer have alerted to a potential security issue with Trezor, followed by several fake token presale offers of "$TRZR" and requests to send cryptocurrencies to a suspicious address. ZachXBT further stated that attackers stole approximately $8,100 from the Trezor account on the Zapper platform.

Risks Associated with Unsecured Social Accounts
Criticism has been directed at Trezor for the inadequate security of their X account, highlighting the lack of two-factor authentication (2FA). Ironically, a company focused on wallet security failed to protect its own social network accounts from attacks.
Community Response and Recent Security Incidents
The community's response has been mixed, with some comments pointing out the irony of a security-promoting company being unable to secure its own accounts. Trezor has faced security incidents in the past, including breaches that exposed the data of nearly 66,000 users.
Conclusion and User Recommendations
This incident serves as a reminder of the importance of securing digital accounts and using two-factor authentication. Users should remain vigilant and avoid sending cryptocurrencies to unknown addresses or engaging in suspicious offers.
#trezor #hack

Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“