KiloEx, a decentralized exchange, lost approximately $7 million due to an attack exploiting a vulnerability in its price oracle system. The attacker manipulated asset prices across multiple blockchain networks, including Base, BNB Chain, and Taiko. In one transaction alone, the attacker netted $3.12 million. The exploit involved using Tornado Cash to fund a wallet and executing a series of transactions that tricked the system into believing false prices. KiloEx has since suspended operations and is working with partners to trace the stolen funds and blacklist the attacker’s wallet. The platform offered the hacker 10% of the stolen amount as a bounty if they returned 90% of the funds. This incident adds to a history of similar attacks, with Mango Markets losing $100 million in 2022 and Cream Finance suffering $130 million in losses in 2021.
arndxt
@arndxt_xo
·
Feb 22 Bybit’s $1.5B hack is bullish – Lazarus has diamond hands.Led by Park Jin Hyok, now wanted by the FBI.They’ve just drained $1.46B in staked ETH & ERC-20 tokens from Bybit, making it the biggest crypto hack ever, twice the size of the second-largest breach.How did they pull
Pix
@PixOnChain
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Feb 21 This is LazarusThey just stole $1.46 billion from BybitAnd they didn’t break the code — they broke the peopleHere’s untold story of how they did it (and why no one is truly safe)
Genius Business
@GeniusBusiness_
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Feb 23 Everyone fears North Korea’s nukes…But with a few buttons, they JUST pulled off something 1000X worse…Their Lazarus Group hacked & stole $1.46 BILLION from Bybit in under 3 hours.Here’s the latest story behind the biggest heist in history: (THREAD)
227 Noided
@trained222go
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8h the lack of outrage is likely because the person who did it was arrested and is in jail with a million dollar bondyou guys are dumb
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