🚀 Cobo CEO Recovers Funds From Old Addresses With Arkham's Help
#Cobo #Arkham #cryptocurrency #fundsrecovery #blockchain #CEO #Shenyu #industryprogress #oldaddresses
According to BlockBeats, on October 12, Cobo Co-Founder and CEO Shenyu shared on X that he recently organized a batch of old addresses from over 1,000 days ago. Some of these addresses contained funds in old contracts that were not displayed on the front end. Shenyu expressed gratitude to Arkham for their timely reminder and assistance in recovering these funds, highlighting the warmth and progress within the industry.#Cobo #Arkham #cryptocurrency #fundsrecovery #blockchain #CEO #Shenyu #industryprogress #oldaddresses
🚀 Crypto Trader Offers $2.5 Million Reward To Recover Lost Funds
#Crypto #Blockchain #Cryptocurrency #SmartContracts #DeFi #FundsRecovery #Reward #FinancialDilemma #QklpjEth #Renzo #Hacking #WhiteHats #LegalAction #Ethereum
According to DLNews, a cryptocurrency trader known as qklpj.eth is facing a significant financial dilemma after mistakenly transferring $25 million to an incorrect blockchain address. The funds are now inaccessible, and the trader is offering a $2.5 million reward for any successful recovery attempt. The trader expressed feelings of desperation, hoping for a vulnerability in the smart contract that could unlock the funds. He emphasized that the funds are personal assets, not company-related.
The incident occurred when the trader accidentally sent the cryptocurrency to a restricted holding account instead of his main wallet, which allows full access to funds. Due to the irreversible nature of blockchain transactions, the funds remain trapped unless a solution is found. The trader reached out to skilled hackers and white hats on social media, offering a 10% reward for assistance in recovering the funds.
One potential solution involves the DeFi protocol Renzo, which could theoretically modify its smart contract to recover the funds. Unlike many Ethereum smart contracts that are immutable, Renzo's contract allows for updates. However, compliance issues prevent Renzo from intervening. The trader mentioned that he has not considered legal action and prefers not to pursue it due to his friendship with the Renzo team.
In the past, courts have compelled DeFi protocols to upgrade their contracts to retrieve stolen funds. For instance, a UK court ordered the crypto company Oasis to recover funds from a $322 million attack on the Wormhole protocol. Despite these precedents, the trader remains hopeful for a non-legal resolution. Renzo has not yet responded to requests for comment on the situation.#Crypto #Blockchain #Cryptocurrency #SmartContracts #DeFi #FundsRecovery #Reward #FinancialDilemma #QklpjEth #Renzo #Hacking #WhiteHats #LegalAction #Ethereum
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🚀 Bybit Update: Bybit CEO Goes Live to Address $1.44 Billion ETH Theft Incident
#Bybit #ETHTheft #SecurityBreach #CryptoSecurity #Blockchain #ETH #CryptoNews #LiveBroadcast #BenZhou #FundsRecovery
In response to the massive $1.44 billion security breach, Bybit CEO Ben Zhou has launched a live broadcast on the Bybit platform, providing further insights into the ETH asset theft that has rocked the exchange.According to previous reports, Bybit's multi-signature cold wallet was compromised, leading to unauthorized withdrawals of over 500,000 ETH-related assets, including:401,347 ETH ($1.12 billion)90,376 stETH ($253.16 million)15,000 cmETH ($44.13 million)8,000 mETH ($23 million)With hackers already dispersing 490,000 ETH to 49 addresses and an additional 15,000 cmETH in the unstaking process, concerns over fund recovery and security upgrades remain at the forefront. #Bybit #ETHTheft #SecurityBreach #CryptoSecurity #Blockchain #ETH #CryptoNews #LiveBroadcast #BenZhou #FundsRecovery
🚀 Bybit Launches Initiative Against Lazarus Group Amidst Crypto Hack
#Bybit #LazarusGroup #CryptoHack #SecurityBreach #BountyProgram #CryptoSecurity #DigitalAssets #NorthKorea #CyberCrime #FundsRecovery
According to CoinDesk, cryptocurrency exchange Bybit has initiated a campaign against the notorious Lazarus Group following a significant security breach. The exchange has introduced a new website aimed at tracking the group's wallet addresses, encouraging public participation in the investigation. Bybit is offering a 5% reward for any submissions that lead to the freezing of funds.
Bybit's CEO, Ben Zhou, announced this "war against Lazarus" through a social media post, highlighting the launch of what he described as the first bounty site providing full transparency on the sanctioned group's money laundering activities. Zhou emphasized that users can connect their wallets to the website to assist in tracing the stolen funds. He assured that a bounty would be paid immediately once assets are frozen.
Zhou further stated that a dedicated team has been assigned to maintain and update the website, with a commitment to continue efforts until the Lazarus Group and other malicious actors are eradicated from the industry. He also mentioned plans to extend the platform's use to other victims of the Lazarus Group in the future.
Currently, the website is tracking 6,338 addresses linked to the Lazarus Group, with approximately $42.3 million already frozen, representing just over 3% of the stolen assets. The hack, which occurred on Friday, resulted in nearly $1.5 billion being stolen from Bybit, causing a significant impact on the crypto market and leading to a decline in digital asset prices. The attack, attributed to North Korea's Lazarus Group, has been labeled as the largest crypto theft to date.#Bybit #LazarusGroup #CryptoHack #SecurityBreach #BountyProgram #CryptoSecurity #DigitalAssets #NorthKorea #CyberCrime #FundsRecovery
🚀 Mask Network Founder Issues Ultimatum To Hacker
#MaskNetwork #Hacker #SujiYan #Cybersecurity #FundsRecovery #LawEnforcement #Ultimatum #Bounty #Privacy #LegalConsequences
According to BlockBeats, on March 2, Mask Network founder Suji Yan issued an ultimatum to a hacker, stating that international law enforcement agencies, including Interpol, the FBI, Hong Kong police, and private security firms, have identified the hacker and are pursuing them. Yan revealed that the hacker's personal information has been fully exposed and that they possess conclusive evidence against the individual.
The hacker has been given 72 hours to return the stolen funds, with the promise of a substantial bounty as an incentive for cooperation. Yan urged the hacker to contact him at suji.yan@sujitech.com and return the funds to the specified address: 0xd96c8525d7199a2aae392adcab5513a09280a03f. Upon the return of the funds, all tracking efforts will cease, collected data will be destroyed, and the case will be closed.
Yan warned that failure to comply would result in escalated enforcement actions, including a global block on the hacker's address and severe legal consequences for the hacker and any accomplices. He emphasized that this is the hacker's only opportunity to resolve the situation amicably.#MaskNetwork #Hacker #SujiYan #Cybersecurity #FundsRecovery #LawEnforcement #Ultimatum #Bounty #Privacy #LegalConsequences
🚀 FDT's Efforts to Retrieve Funds from Aria Face Challenges
#FDT #Aria #FundsRecovery #AML #KYC #FinancialChallenges #LegalTeam
According to Odaily, FDT has disclosed in Space that their attempts to recover funds from Aria, in collaboration with a legal team, have been hindered. The funds remain frozen due to issues related to Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations. FDT attributes the situation to the actions of the technology company itself, and the funds are still held within the Aria fund.#FDT #Aria #FundsRecovery #AML #KYC #FinancialChallenges #LegalTeam
🚀 Solana's Loopscale Faces Security Breach Impacting USDC and SOL Funds
#Solana #Loopscale #SecurityBreach #USDC #SOL #Crypto #Blockchain #Investigation #RateX #FundsRecovery
According to PANews, Solana-based lending protocol Loopscale reported a security breach on the X platform. On April 26 at 23:30 UTC+8, the RateX PT token pricing function was manipulated, resulting in the theft of approximately 5.7 million USDC and 1,200 SOL from Loopscale's USDC and SOL vaults. In response, all markets on Loopscale have been temporarily halted to allow for further investigation by the team.
The breach affected around 12% of Loopscale's total funds, specifically impacting depositors of USDC and SOL into Loopscale's vaults. Borrowers and users of the revolving loan service were not affected. Efforts are underway to restore repayment functions swiftly to prevent unforeseen liquidation scenarios.
The Loopscale team is actively collaborating with law enforcement, security experts, and investors to recover the stolen funds. A comprehensive technical analysis report will be released as soon as more information becomes available. The vulnerability originated from the RateX PT token market on Loopscale, but RateX itself remains unaffected.#Solana #Loopscale #SecurityBreach #USDC #SOL #Crypto #Blockchain #Investigation #RateX #FundsRecovery
🚀 Solana's Loopscale Recovers Funds After Security Breach
#Solana #Loopscale #SecurityBreach #USDC #SOL #FundsRecovery #SmartContract #BlockchainSecurity #BugBounty #ThirdPartyAudit
According to Foresight News, Solana-based lending protocol Loopscale has released a report on a recent security incident. An attacker exploited a pricing logic flaw to borrow 5,726,700 USDC and 1,211.4 SOL. All funds have been successfully recovered through negotiations.
The incident was caused by a code path that inadequately verified the price of RateX PT tokens, which was deployed without a third-party audit. Loopscale has apologized for the breach and committed to enhancing security measures. These measures include mandatory third-party audits, launching a bug bounty program, increasing multi-signature authorization, and setting borrowing and withdrawal limits.#Solana #Loopscale #SecurityBreach #USDC #SOL #FundsRecovery #SmartContract #BlockchainSecurity #BugBounty #ThirdPartyAudit
🚀 Cetus Responds to Smart Contract Attack on Liquidity Pool
#Cetus #SmartContract #Attack #LiquidityPool #Sui #Blockchain #Security #Audit #CrossChain #Ethereum #FundsRecovery #CommunityTrust #SUI #ETH
According to BlockBeats, Cetus has released a report detailing a sophisticated smart contract attack on its CLMM liquidity pool that occurred on May 22. The attack exploited an undiscovered vulnerability in an open-source library, allowing the attacker to manipulate pool prices and inject minimal tokens into inflated liquidity. This was followed by repeated asset extraction through unchecked calculation functions, resulting in the theft of funds.
In response, Cetus swiftly froze two Sui wallet addresses containing the majority of the stolen funds, with the support of most Sui validator nodes. The remaining stolen assets were exchanged and transferred cross-chain to the Ethereum mainnet.
Cetus is collaborating with the Sui security team and multiple auditing firms to review contracts and conduct a joint audit to ensure the safe resumption of CLMM services. The company plans to enhance on-chain monitoring, initiate additional audits, and regularly publish security reports. To compensate affected liquidity providers, Cetus is working with ecosystem partners to develop a recovery plan and is urging Sui validators to support on-chain voting to expedite asset returns and rebuild user confidence.
While legal proceedings are ongoing, Cetus has offered the attacker a chance to return the funds under a white hat arrangement and is preparing to issue a final ultimatum. Cetus will continue to provide transparent updates to the community as developments occur.#Cetus #SmartContract #Attack #LiquidityPool #Sui #Blockchain #Security #Audit #CrossChain #Ethereum #FundsRecovery #CommunityTrust #SUI #ETH
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🚀 GMX Recovers Funds After Arbitrum Exploit
#GMX #Arbitrum #exploit #fundsrecovery #DAO #liquidityproviders #GLP #V2 #ARB
According to Odaily, GMX announced on Platform X that following a $42 million exploit on GMX V1 on Arbitrum, all funds have been successfully recovered. The funds have been returned and are currently held by the DAO, pending distribution to liquidity providers in the Arbitrum GLP vault. GMX V2 remains unaffected by this exploit, with trading and liquidity supply continuing as usual.#GMX #Arbitrum #exploit #fundsrecovery #DAO #liquidityproviders #GLP #V2 #ARB
🚀 Flow Foundation Addresses Security Breach and Asset Transfer
#FlowFoundation #SecurityBreach #AssetTransfer #CrossChainBridge #Validators #NetworkSecurity #Blockchain #DecentralizedFinance #FundsRecovery #Cryptocurrency #AssetFreeze #VulnerabilityFix #BlockchainUpdate #Odaily #CryptoNews #FLOW
According to Odaily, the Flow Foundation has released an official update regarding a security breach that occurred on December 27, 2025. Attackers exploited a vulnerability in the Flow execution layer, transferring approximately $3.9 million worth of assets off-chain before validators coordinated a shutdown. The foundation assured that no existing user balances were affected, and all user deposits remain intact. The stolen funds were primarily moved through a cross-chain bridge, and the attacker's address has been identified and flagged. Efforts to trace the laundering paths are ongoing, and requests to freeze the assets have been submitted to Circle, Tether, and major exchanges.
The foundation stated that the network has been isolated, and a fix for the vulnerability has been released, currently undergoing verification and deployment. To remove unauthorized transactions, the network will roll back to a checkpoint before the attack, requiring legitimate transactions submitted during the period to be resubmitted after the restart. Based on feedback from validators and ecosystem partners, the foundation has decided to extend the coordination time to ensure network consensus and long-term security. The network will not be hastily restarted until thorough consultations are completed. User funds remain secure throughout the process, and updates will continue to be released according to the established schedule.#FlowFoundation #SecurityBreach #AssetTransfer #CrossChainBridge #Validators #NetworkSecurity #Blockchain #DecentralizedFinance #FundsRecovery #Cryptocurrency #AssetFreeze #VulnerabilityFix #BlockchainUpdate #Odaily #CryptoNews #FLOW
🚀 CrossCurve Cross-Chain Bridge Faces Exploit Due to Smart Contract Vulnerability
#CrossCurve #CrossChainBridge #Exploit #SmartContractVulnerability #Odaily #SafeHarbor #WhiteHat #Bounty #FundsRecovery #Ethereum #CriminalProceedings #AssetTracking
CrossCurve has announced that its cross-chain bridge has been exploited due to a vulnerability in a smart contract. According to Odaily, the project team has urged users to immediately halt all interactions with CrossCurve until the investigation is complete and promised to provide updates through official channels.
The team confirmed that some addresses received tokens that should have belonged to users due to the vulnerability. CrossCurve stated that no malicious intent has been detected from these addresses and has requested cooperation in returning the misappropriated assets. Under its Safe Harbor white hat policy, those assisting in the recovery of funds may retain up to 10% as a bounty.
The announcement warned that if funds are not returned or contact is not made within 72 hours from Ethereum block height 24,364,392, the project team may escalate the situation. This could include initiating criminal and civil proceedings and collaborating with exchanges, stablecoin issuers, and on-chain analysis firms to freeze or track the involved assets.#CrossCurve #CrossChainBridge #Exploit #SmartContractVulnerability #Odaily #SafeHarbor #WhiteHat #Bounty #FundsRecovery #Ethereum #CriminalProceedings #AssetTracking
🚀 Ares Seeks to Recover Funds from John Textor
#AresManagement #JohnTextor #FundsRecovery #DuPontFamily #SportsEmpire #Bloomberg
Ares Management is actively pursuing the recovery of a significant portion of funds from John Textor, a 60-year-old former competitive skateboarder and member of the extended Du Pont family. Bloomberg posted on X that Textor has been attempting to establish a sports empire. The financial firm is working to reclaim more than half of the funds involved in this endeavor.#AresManagement #JohnTextor #FundsRecovery #DuPontFamily #SportsEmpire #Bloomberg
🚀 Foom Cash Recovers Majority of Stolen Funds After Security Breach
#FoomCash #SecurityBreach #WhiteHatHacker #Groth16 #BlockchainSecurity #Cryptocurrency #Ethereum #BaseChain #Decurity #Bounty #FundsRecovery #StolenFunds #DecentralizedProtocol
Decentralized anonymous lottery protocol Foom Cash suffered a loss of approximately $2.26 million due to a security breach. According to ChainCatcher, a white-hat hacker intervened promptly, recovering $1.84 million, which accounts for 81% of the stolen funds.
The security incident was caused by a critical error during Foom Cash's deployment process, specifically involving a Groth16 verifier configuration issue. This flaw allowed attackers to submit forged proofs to the protocol. A white-hat hacker, known by the alias Duha, identified the vulnerability and swiftly secured the funds on the Base chain. Meanwhile, security firm Decurity managed the recovery efforts for funds on the Ethereum network.
In recognition of their efforts, Foom Cash rewarded the white-hat hacker with a $320,000 bounty and paid Decurity $100,000 for their security services.#FoomCash #SecurityBreach #WhiteHatHacker #Groth16 #BlockchainSecurity #Cryptocurrency #Ethereum #BaseChain #Decurity #Bounty #FundsRecovery #StolenFunds #DecentralizedProtocol
🚀 Gibbs Mura Investigates Drift Protocol Theft in Class Action
#GibbsMura #DriftProtocol #ClassAction #TheftInvestigation #USDC #Ethereum #Circle #CrossChainTransfer #StablecoinResponsibilities #FundsRecovery
Gibbs Mura, a U.S. law firm, has announced a class action investigation into the theft involving Drift Protocol, with the funds involved estimated between $280 million and $285 million. According to ChainCatcher, over $230 million in USDC was transferred to Ethereum via Circle's Cross-Chain Transfer Protocol (CCTP).
Gibbs Mura argues that although Circle has the technical capability to freeze funds, it did not take such action during the attack. The firm is currently assessing whether investors can claim against Circle for 'failure to intervene timely,' 'insufficient monitoring,' and 'not fulfilling stablecoin responsibilities.' Affected users are encouraged to join the lawsuit to aid in the recovery of funds.#GibbsMura #DriftProtocol #ClassAction #TheftInvestigation #USDC #Ethereum #Circle #CrossChainTransfer #StablecoinResponsibilities #FundsRecovery