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Blockchain security
Network, wallet and blockchain-infrastructure security.
Image: crypto.newsFake Hyperliquid Google Ad Linked to Inferno Drainer Steals USDC
A Hyperliquid user lost approximately 550,000 USDC after a Google sponsored advertisement redirected the victim toward a fraudulent replica of the decentralized trading platform. Blockchain security researchers have linked this theft infrastructure to the Inferno drainer ecosystem, though these specific allegations remain not officially confirmed by the platform or independent authorities.
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crypto.newsFake Hyperliquid Google Ad Linked to Inferno Drainer Steals USDC
A Hyperliquid user lost approximately 550,000 USDC after a Google sponsored advertisement redirected the victim toward a fraudulent replica of the decentralized trading platform. Blockchain security researchers have linked this theft infrastructure to the Inferno drainer ecosystem, though these specific allegations remain not officially confirmed by the platform or independent authorities.
CointelegraphTerm Finance Reports Estimated Losses Following Vault Governance Exploit
Decentralized lending platform Term Finance suffered a major security breach affecting its strategy vaults, with blockchain security monitors estimating losses at approximately $8.5 million. The incident, which is not officially confirmed by all parties, led to the permanent closure of the protocol's Meta Vaults.
crypto.news via LBankMANTRA Chain Resumes Blocks After Cosmos-EVM Fix
MANTRA Chain restarted at approximately 5:30 a.m. UTC on Aug. 22. Version 8.4.0 patched a Cosmos-EVM vulnerability and added security protections. Two MANTRA-managed wallets were affected, but user balances remained unchanged. MANTRA plans to publish a complete post-incident report in the coming days, while these reports remain not officially confirmed by independent auditors.
CoinDeskColdcard Firmware Vulnerability Allegedly Leads to Significant User Fund Losses Through Flawed Seed Generation
According to reporting by CoinDesk, a software flaw within Coldcard hardware wallets allegedly enabled attackers to drain significant funds from thousands of addresses. This development, which remains not officially confirmed by independent regulatory or legal bodies, highlights structural risks in cryptographic key generation.
decrypt.co via LBankHackers Drain $8 Million From Crypto Exchange Across Two Blockchains
According to media reporting by LBank News based on a decrypt.co discovery page, an attacker drained $8.07 million from Coinsbuy wallets across Tron and Ethereum on August 9, while later wallet activity offers clues about how the breach occurred. This incident is currently not officially confirmed.
crypto.newsStrongBlock Loses $72K After Attacker Hijacks Abandoned Governance System
According to publisher crypto.news, an attacker drained approximately $72,000 in STRONG and STRNGR tokens after seizing control of StrongBlock's abandoned on-chain governance system. This incident, reported by blockchain security firm Defimon Alerts, is not officially confirmed by the project team.