Scorechain's Blog

Safereum Executed $1.3M Rug Pull

Safereum rug pull shook the DeFi community, as developers sold $1.27 million in tokens, causing more than 94% price crash. The actions indicate an exit scam, emphasizing the need for DeFi caution and regulatory oversight to protect investors. The world of decentralized finance (DeFi) has been shocked by the Safereum

Huobi Crypto Exchange was Hacked for $8 Million 

Huobi, one of the world’s prominent cryptocurrency exchanges, has fallen victim to a major hack resulting in a loss of $8 million worth of Ethereum (ETH). The breach was discovered and reported on September 25, 2023. The attackers successfully compromised one of Huobi’s hot wallets, which are online wallets designed

North Korean Lazarus Group Behind Over $55M CoinEx Hack

On Tuesday 12 September 2023, a significant security breach shook the cryptocurrency exchange, CoinEx, resulting in the theft of $55M. CoinEx revealed the detection of anomalous withdrawals from several wallets designated to secure the platform’s assets. Our specialized investigative team was promptly deployed to probe the incident, uncovering a series

Alphapo’s Hack now estimated at over $60M

A few days ago, Alphapo, a prominent crypto payment platform, suffered a significant breach in its hot wallets involving Ethereum, TRON, and Bitcoin. As a result of the attack, the platform recently lost over $60 million, with the potential for an even greater loss due to uncertainties surrounding the exact

Scorechain investigates the FTX hack

FTX suffered a hack, only hours after it had filed for bankruptcy on November 11, 2022. Ryne Miller, FTX US general counsel, confirmed on Twitter that the team was pausing trading and withdrawal functions due to unauthorized access to certain assets. He also clarified that FTX moved crypto assets to

Deribit loses $28 million after hot wallet hack

Deribit is a crypto exchange based in Panama and launched in June 2016. It’s a well-known cryptocurrency futures and options exchange that allows crypto traders to implement derivatives trading strategies for Bitcoin (BTC) and Ethereum (ETH), and Solana (SOL). On November 2nd, Deribit announced it had suffered a $28-million hack

Profanity tool exploit: $3+ million drained

Last week, hackers exploited a vulnerability in the vanity address generator Profanity and stole over $3 million in ETH and various ERC20 tokens. Profanity vulnerability exploit leads to $3.3 million in losses Profanity is a tool that can generate vanity crypto addresses on the Ethereum blockchain. On September 15, 1inch

Audius hack: 18 million AUDIO tokens stolen

Audius hack: exploit of the platform’s governance  On July 23, Audius, a decentralized music streaming platform, was exploited for $1 million. The Audius hack was due tcompromised bugised in the platform’s governance, staking, and delegation contracts. It allowed the hacker to exploit the platform’s voting system and change the amount

Lazarus group: OFAC sanctions crypto addresses related to North Korea cybercrime group

Last week, the Office of Foreign Asset Control (OFAC) added three crypto addresses from the Lazarus group to its Special Designated Nationals List (SDN List). Earlier in April, OFAC had already added the Ronin Bridge hack address to the list, as part of the group. OFAC’s latest designations targeting North

Liquid Hack: What We Know a Few Days After the Hack

Key takeaways: On Aug. 19, Liquid exchange announced it had suffered a hack on its Twitter account. The exchange reported several addresses linked to the hack and is investigating the funds’ movements. The hacker is depositing the funds on several crypto platforms. Here is what we know so far about