Verus Bridge Exploiter Returns $8.5M — Investors Must Scrutinize Cross‑Chain Security
Verus Bridge hacker returns most of the stolen $8.5M, keeping $2.8M as a bounty, prompting a 24‑hour deadline for full restitution.
All Cowlpane coverage tagged crypto security, sourced from global financial publications and updated continuously.
Verus Bridge hacker returns most of the stolen $8.5M, keeping $2.8M as a bounty, prompting a 24‑hour deadline for full restitution.
A private‑key breach siphoned $700,000 from Polymarket’s internal rewards wallet, prompting operators to harden admin‑key security.
On‑chain data shows over $520,000 siphoned from Polymarket’s Polygon contracts, flagging a private‑key breach that could affect market payouts.
A coordinated attack drained $6.7 M from two major exchanges, exposing gaps in multi‑factor authentication and hot‑wallet security.
Attackers minted 1 quadrillion MAPO on May 20, slashing the token ~30% and exposing bridge vulnerabilities.
The 12th/24th seed phrase word is a checksum, allowing multiple valid endings, while npm’s half‑measure leaves local seed‑phrase backdoors active.
GitHub exposed 3,800 internal repos to malicious VS Code extension, threatening thousands of crypto‑dev projects.
Cardano’s Charles Hoskinson says quantum attacks on crypto could hit before 2033 and has begun a security program to build quantum‑resistant protocols. He also denies allegations of colluding with Ethereum to target Ripple’s XRP.