🚨 BREAKING: Polymarket hit by $660K exploit
Prediction market Polymarket just suffered a breach on the Polygon network. An attacker managed to compromise an admin wallet and drain roughly $660,000.
The hacker is already moving fast—splitting the stolen crypto across 15 different wallets to cover their tracks.
The good news: Polymarket confirmed the breach only affected a rewards payout system. All user funds and market bets are 100% safe, and the team is currently locking down their backend.
News: @Faction
Chat: @FactionChatter
Join: @ProPlaza
#com #news #fraud
Prediction market Polymarket just suffered a breach on the Polygon network. An attacker managed to compromise an admin wallet and drain roughly $660,000.
The hacker is already moving fast—splitting the stolen crypto across 15 different wallets to cover their tracks.
The good news: Polymarket confirmed the breach only affected a rewards payout system. All user funds and market bets are 100% safe, and the team is currently locking down their backend.
News: @Faction
Chat: @FactionChatter
Join: @ProPlaza
#com #news #fraud
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Hosted By: @Seker
Giveaway Conditions:
Must be a member of @faction
Must be a member of @FactionChatter, @ProPlaza
Entries: 49
Giveaway Ends In: 12d 15h 13m
To participate in the giveaway, press the button below!
🚨 Just in
Crypto.com Admits to breach
A new investigation just forced Crypto.com to admit they suffered a major, previously undisclosed security breach.
The Attack: A teenage hacker named Noah Urban—known as "King Bob" and "Sosa" in the Com —managed to completely bypass the exchange's security. He didn't use complex malware; he just social-engineered Crypto.com employees into handing over their internal login credentials.
The Damage: The exchange is doing damage control today. They confirmed the breach and admitted that user data was exposed, but they firmly maintain that no customer funds were ever touched or at risk.
The Aftermath: The FBI eventually tracked Urban down. He was recently slapped with a 10-year federal prison sentence, and authorities seized over $4 million of his illicit crypto assets.
News: @Faction
Chat: @FactionChatter
Join: @ProPlaza
Crypto.com Admits to breach
A new investigation just forced Crypto.com to admit they suffered a major, previously undisclosed security breach.
The Attack: A teenage hacker named Noah Urban—known as "King Bob" and "Sosa" in the Com —managed to completely bypass the exchange's security. He didn't use complex malware; he just social-engineered Crypto.com employees into handing over their internal login credentials.
The Damage: The exchange is doing damage control today. They confirmed the breach and admitted that user data was exposed, but they firmly maintain that no customer funds were ever touched or at risk.
The Aftermath: The FBI eventually tracked Urban down. He was recently slapped with a 10-year federal prison sentence, and authorities seized over $4 million of his illicit crypto assets.
News: @Faction
Chat: @FactionChatter
Join: @ProPlaza
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🚨 Just in
European law enforcement agencies have officially dismantled "First VPN," a virtual private network service heavily utilized in recent cybercrime activities.
In a joint operation led by France and the Netherlands, authorities took down 33 servers and seized the network's primary domains, including 1vpns.com and 1vpns.net
Following the server seizures, authorities arrested the alleged administrator of the VPN service at a residence in Ukraine.
@Faction | @FactionChatter | @ProPlaza
European law enforcement agencies have officially dismantled "First VPN," a virtual private network service heavily utilized in recent cybercrime activities.
In a joint operation led by France and the Netherlands, authorities took down 33 servers and seized the network's primary domains, including 1vpns.com and 1vpns.net
Following the server seizures, authorities arrested the alleged administrator of the VPN service at a residence in Ukraine.
@Faction | @FactionChatter | @ProPlaza
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🚨 Just in
Ai trading bot on the Base network named "Bankr" was successfully hacked using social engineering tactics.
How: The hacker used advanced "prompt injection" techniques including feeding the system Morse code to trick the AI trading agent.
The threat actor successfully Drained $440,000 from 14 user wallets
@Faction | @FactionChatter | @ProPlaza
Ai trading bot on the Base network named "Bankr" was successfully hacked using social engineering tactics.
How: The hacker used advanced "prompt injection" techniques including feeding the system Morse code to trick the AI trading agent.
The threat actor successfully Drained $440,000 from 14 user wallets
@Faction | @FactionChatter | @ProPlaza
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🚨 Just in
Hacker "Dort" Arrested for Massive KimWolf Botnet
Jacob Butler, a 23-year-old Canadian known in Com under the aliases "Dort" and "CPacket," was arrested in Ottawa this week. Yesterday, the US Justice Department unsealed federal charges against him.
Butler is accused of running "KimWolf," a record-breaking DDoS-for-hire botnet.
The botnet caused millions of dollars in damages and even disrupted US Defense Department networks.
Butler is currently in custody in Canada pending extradition to the US, where he faces up to 10 years in federal prison.
@Faction | @FactionChatter | @ProPlaza
Hacker "Dort" Arrested for Massive KimWolf Botnet
Jacob Butler, a 23-year-old Canadian known in Com under the aliases "Dort" and "CPacket," was arrested in Ottawa this week. Yesterday, the US Justice Department unsealed federal charges against him.
Butler is accused of running "KimWolf," a record-breaking DDoS-for-hire botnet.
The botnet caused millions of dollars in damages and even disrupted US Defense Department networks.
Butler is currently in custody in Canada pending extradition to the US, where he faces up to 10 years in federal prison.
@Faction | @FactionChatter | @ProPlaza
🚨 Just in
StablR Exploited for $2.8M: Stablecoins Depeg
European stablecoin issuer StablR suffered a targeted exploit that drained approximately $2.8 million from their system, causing both their Euro (EURR) and US Dollar (USDR) stablecoins to actively depeg from their fiat values.
According to blockchain security firm Blockaid, the root cause appears to be a compromised private key. The threat Actor successfully breached the digital wallet of a keyholder inside StablR's core minting multisig account, granting them unauthorized access to manipulate the platform's operations.
The breach immediately rattled market confidence. With the multisig compromised, both the Euro and USD-backed stablecoins lost their 1:1 parity on secondary trading markets as users rushed to exit their positions.
@Faction | @FactionChatter | @ProPlaza
#news #exploit #com #fraud
StablR Exploited for $2.8M: Stablecoins Depeg
European stablecoin issuer StablR suffered a targeted exploit that drained approximately $2.8 million from their system, causing both their Euro (EURR) and US Dollar (USDR) stablecoins to actively depeg from their fiat values.
According to blockchain security firm Blockaid, the root cause appears to be a compromised private key. The threat Actor successfully breached the digital wallet of a keyholder inside StablR's core minting multisig account, granting them unauthorized access to manipulate the platform's operations.
The breach immediately rattled market confidence. With the multisig compromised, both the Euro and USD-backed stablecoins lost their 1:1 parity on secondary trading markets as users rushed to exit their positions.
@Faction | @FactionChatter | @ProPlaza
#news #exploit #com #fraud