...and is definitely not an enormous grift that's pouring lighter fluid on our already smoldering planet.
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Some blamed the theft on an apparent malicious Ethereum transaction the user had signed nearly three years prior. However, while a malicious transaction signature on Ethereum could explain the NFT thefts, it should not alone enable the theft of assets on the separate bitcoin blockchain.
Despite this, Ledger blamed its customer, telling a media outlet that "As we know, the user got phished when it comes to the ETH wallet, we can assume user error on the BTC side too".
The token followed the typical pattern of quickly pumping, then crashing spectacularly, losing around 90% of its "value". This is often an indicator of a pump-and-dump scheme by insiders, but Welch vehemently denied such wrongdoing, blaming the crash on "snipers".
"I really lost $43k apeing in 'hawk tuah' coin," wrote one buyer on Twitter. Other Twitter users marveled at a wallet that swapped $1.4 million worth of MOODENG (a memecoin based on the tiny hippo of the same name) only to lose it all on the $HAWK token.
Malicious versions of the library allowed exploiters to steal private keys and drain funds from dApps like various Solana bots.
Around $184,000 was stolen as a result of the compromise. Although it was caught fairly quickly, and the malicious code was removed from package managers, developers will need to update projects that used the malicious version of the library, and refresh any potentially exposed secrets.
Although the $450,000 theft is relatively small compared to some other crypto hacks, it represented around 6% of the total value locked on Clipper. Clipper stated they were working to trace and attempt to recover funds, and asked the hacker to contact them to potentially negotiate a return of some funds.
DEXX did not disclose how much was taken in the breach, but hundreds of victims have reported around $21 million in combined losses so far.
The creator of the platform stated that they had filed a police report with Singaporean authorities. They also attempted to contact the hacker via on-chain message to negotiate the return of funds, but have not received a response.
DeltaPrime paused the protocol on both Arbitrum and Avalanche, stopping the attacker from being able to steal more funds than they already had.
DeltaPrime was hacked previously on September 16, losing $6 million after a leaked private key enabled an attacker to mint a huge number of the platform's stablecoin deposit receipts.
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