Attack

1 months agoNews Editor

Rocket L1 Blockchain Suffers $287K Attack, Pauses All Deposits and Withdrawals

Rocket, a Layer 1 blockchain, disclosed a September 5 on-chain attack that resulted in approximately $287,000 in losses. The attacker exploited a dormant perpetual market by posting artificially inflated price orders through a one-time account and trading against themselves, generating fake profits while bankrupting that account. The funds were then withdrawn via the Bridge. All deposits, withdrawals, and trading have been suspended. The team is cooperating with security firms, law enforcement, exchanges, bridges, and stablecoin issuers to trace and freeze the stolen assets. A recovery plan prioritizing small-account refunds is being developed, with details to be announced soon.

1240

COLDCARD

2 months agoNews Editor

Galaxy Research: 1,159 BTC in Largest COLDCARD Theft Stay Frozen as Smaller Attacker Starts Mixing

According to Bitcoin News, Galaxy Research has disclosed details on the largest known COLDCARD theft, involving 1,159 BTC. Those funds are spread across seven attacker addresses and have not yet been touched — no Bitcoin has been cashed out or sent through a mixing service. The coins were stolen in a window of 41 minutes, yet roughly 600 attacker addresses have already been flagged by law enforcement agencies, exchanges and blockchain analytics companies. In a separate development, a smaller-scale attacker appears to have started washing funds. On-chain analysts tracked 64 BTC moving into a mixer; initially only about 10 BTC completed the mixing process, while 54 BTC returned as change and were split into outputs of roughly 7 BTC each for further mixing. Analysts note these unusually large outputs are still easy to follow, so the laundering effort remains relatively transparent.

2090

Bit.Fan