Crypto

The overall damage inflicted by rug pulls is probably even more extensive, considering the exit scams reported by other cybersecurity firms, including SlowMist and PeckShield.

Instead of typical ransom demands, the KyberSwap hacker is seeking complete control over the decentralized exchange and the Kyber company.

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The liquidity market stakers have yet to reach a consensus on the best strategy for addressing the consequences of the November 1 hack.

The rumor implies a link between the L2 bridge and a potential scam vendor, fuelled by the alleged connection of one of the Blast founders to a Binance deposit address associated with the Inferno Drainer.

In addition to massive losses stemming from cyberattacks, the previous week witnessed an exceptionally high number of exit scams resulting in over $3 million in damages.

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Interest in the Onyx project has significantly declined since the hack, and many XCN investors seem reluctant to participate in discussions regarding the reimbursement plan.

The recent compromises of private keys experienced by Justin Sun’s cryptocurrency exchanges have added to the total damage of $800 million caused by this type of attack in 2023.