Tag: Peckshield

Allbridge Core has suspended its cross-chain stablecoin protocol after a security breach on Solana that may have cost the platform about $1.65 million. Blockchain security firm PeckShield estimated the losses at around $1.65 million, while on-chain tracker Onchain Lens said the attacker extracted more than $1.1 million before moving the ...

LayerZero has confirmed that roughly $2.4 million moved from its Executor wallets across multiple blockchains was part of routine operational rebalancing, putting to rest concerns that the protocol had suffered a security breach. The transfers, first flagged by blockchain security firm PeckShield on July 15, drew attention after funds were ...

Crypto projects lost $75.87 million to major security breaches in June, with 40 significant hacks recorded during the month, according to blockchain security firm PeckShield. While losses declined from $81.7 million in May, attackers continued to target bridges, DeFi platforms, and user accounts. PeckShield's latest report showed that Humanity Protocol ...

The hacker behind February’s massive Infini breach is back on-chain, seizing the opportunity as Ethereum prices rally. On July 17, 2025, the attacker’s wallet showed its first signs of life in months, transferring a total of 4,770 ETH – worth roughly $16 million – across two addresses. Blockchain security firm ...

Federico Variola, the CEO of the recently hacked crypto exchange Phemex, has assured users that its cold wallets are unaffected by the exploit. Blockchain analytics firm PeckShield confirmed the breach, which happened on January 23, 2024, resulted in the loss of over $68 million from the exchange’s wallets across multiple ...

In 2024, crypto laundering associated with hacking surged to $1.3 billion, a 280% increase from $342 million in 2023, according to a January 13 report by PeckShield. The rise is primarily attributed to the significant increase in cryptocurrency prices, with Bitcoin's value more than doubling during the year. The report ...

In 2024, crypto-related hacks and scams caused the industry to lose $3.01 billion, marking a 15% increase from the previous year’s $2.61 billion, according to PeckShield's data in a January 9 X post. The data showed that out of $3.01 billion in losses, $2.15 billion were due to hacks, while ...

In December 2024, more than 25 cryptocurrency hacks were reported, resulting in a total loss of $24.69 million. This represents a significant decline of over 70% compared to the losses recorded in November, as noted in an X post by the blockchain security firm PeckShield.  The most significant incident in ...

Cryptocurrency exchange XT.com, which handles daily trading volumes of $3.4 billion, has temporarily suspended withdrawals due to an incident involving an unusual transfer of assets from its platform wallet. On November 28, XT.com issued a statement explaining that the suspension was due to a “wallet upgrade and maintenance.” However, just ...

In September 2024, cryptocurrency platforms faced significant security breaches, resulting in losses of over $120 million from more than 20 hacks, according to blockchain forensic firm PeckShield. The attacks targeted both centralized and decentralized platforms, with exchanges like BingX, Penpie, and Indodax among the most affected. #PeckShieldAlert September 2024 saw ...