--- title: Hack Track | decentralized finance description: decentralized finance | Merkle Science Hack Track provides digestible insights on the movement of stolen funds from the latest cryptocurrency heists. --- # Hack Track ![](https://blog.merklescience.com/hubfs/DeltaPrime%20Hack.png) [Cryptocurrency](https://blog.merklescience.com/hacktrack/tag/cryptocurrency), [cryptocrime](https://blog.merklescience.com/hacktrack/tag/cryptocrime), [blockchain](https://blog.merklescience.com/hacktrack/tag/blockchain), [Hack Track](https://blog.merklescience.com/hacktrack/tag/hack-track), [decentralized finance](https://blog.merklescience.com/hacktrack/tag/decentralized-finance) ### [Hack Track: DeltaPrime Flow of Funds Analysis](https://blog.merklescience.com/hacktrack/hack-track-deltaprime-flow-of-funds-analysis) Sep 19, 2024 9:19:48 AM On September 16th, 2024, the decentralized lending platform DeltaPrime fell victim to a devastating hack. The attackers exploited a vulnerability in the protocol's security, resulting in the theft of over $6 million. Surprisingly, this is the 2nd strike on DeltaPrime within 2 months, the first one being on July 23rd this year when $1 million was lost due to a misconfiguration that allowed an attacker to take over accounts, repay loans, and withdraw collateral. [Read More](https://blog.merklescience.com/hacktrack/hack-track-deltaprime-flow-of-funds-analysis) ![](https://blog.merklescience.com/hubfs/WazirX%20Hack%20%281%29.png) [Cryptocurrency](https://blog.merklescience.com/hacktrack/tag/cryptocurrency), [cryptocrime](https://blog.merklescience.com/hacktrack/tag/cryptocrime), [blockchain](https://blog.merklescience.com/hacktrack/tag/blockchain), [decentralized finance](https://blog.merklescience.com/hacktrack/tag/decentralized-finance) ### [Hack Track: Indodax Flow of Funds Analysis](https://blog.merklescience.com/hacktrack/hack-track-indodax-flow-of-funds-analysis) Sep 16, 2024 10:30:00 AM On September 10th, 2024, Indodax, a leading Indonesian cryptocurrency exchange, fell victim to a devastating security breach. This attack resulted in the theft of over $25.47 million worth of cryptocurrencies, highlighting the ongoing vulnerabilities in the cryptocurrency ecosystem. [Read More](https://blog.merklescience.com/hacktrack/hack-track-indodax-flow-of-funds-analysis) ![](https://blog.merklescience.com/hubfs/Velocore%20hack%20%281%29.png) [cryptocrime](https://blog.merklescience.com/hacktrack/tag/cryptocrime), [blockchain](https://blog.merklescience.com/hacktrack/tag/blockchain), [Hack Track](https://blog.merklescience.com/hacktrack/tag/hack-track), [decentralized finance](https://blog.merklescience.com/hacktrack/tag/decentralized-finance) ### [Investigating the UwU Lend Hack and Flow of Funds](https://blog.merklescience.com/hacktrack/investigating-the-uwu-lend-hack-and-flow-of-funds) Jun 12, 2024 1:16:06 PM UwU Lend, a decentralized finance (DeFi) platform, suffered a security exploit on June 10th, resulting in a loss of more than $18.89 million on the Ethereum blockchain. UwU Lend is a platform for cryptocurrency users to earn and borrow digital assets. Unlike traditional banks, it doesn't hold onto your funds (non-custodial). Users can participate as depositors, borrowers, or LP stakers. Depositors provide liquidity to the market to earn a passive income, while borrowers can borrow in an overcollateralized fashion. LP stakers provide liquidity and receive a revenue share when staking their LP tokens. [Read More](https://blog.merklescience.com/hacktrack/investigating-the-uwu-lend-hack-and-flow-of-funds) ![](https://blog.merklescience.com/hubfs/Pike%20Fi%20.png) [cryptocrime](https://blog.merklescience.com/hacktrack/tag/cryptocrime), [blockchain](https://blog.merklescience.com/hacktrack/tag/blockchain), [Hack Track](https://blog.merklescience.com/hacktrack/tag/hack-track), [decentralized finance](https://blog.merklescience.com/hacktrack/tag/decentralized-finance) ### [Hack Track: Pike Finance Flow of Funds Analysis](https://blog.merklescience.com/hacktrack/hack-track-pike-finance-flow-of-funds-analysis) May 3, 2024 2:12:32 PM Pike Finance, a platform designed to simplify borrowing and lending digital assets across different blockchains, fell victim to a series of attacks in April 2024. Pike Finance allowed users to interact with their crypto directly on their native blockchains, eliminating the need for a complex "wrapping" process. This innovative approach aimed to streamline DeFi experiences. [Read More](https://blog.merklescience.com/hacktrack/hack-track-pike-finance-flow-of-funds-analysis) ![](https://blog.merklescience.com/hubfs/Hacktrack%202%20%281%29.png) [#News](https://blog.merklescience.com/hacktrack/tag/news), [cryptocrime](https://blog.merklescience.com/hacktrack/tag/cryptocrime), [Hack Track](https://blog.merklescience.com/hacktrack/tag/hack-track), [decentralized finance](https://blog.merklescience.com/hacktrack/tag/decentralized-finance) ### [Hack Track: Mixin Flow of Funds Analysis](https://blog.merklescience.com/hacktrack/hack-track-mixin-flow-of-funds-analysis) Sep 27, 2023 2:03:43 PM Mixin Network, a Hong Kong-based digital asset transactional platform, reported a security breach on [25 September](https://x.com/MixinKernel/status/1706139175018529139?s=20), revealing a loss of approximately $200 million due to a hack of its cloud service provider. The stolen funds accounted for so far are comprised of ETH, USDT (swapped to DAI), and BTC. If the $200M figure stated by Mixin is accurate, it would make this incident the biggest hack of 2023 so far. [Read More](https://blog.merklescience.com/hacktrack/hack-track-mixin-flow-of-funds-analysis) ![](https://blog.merklescience.com/hubfs/Hacktrack%201-1.png) [cryptocrime](https://blog.merklescience.com/hacktrack/tag/cryptocrime), [Crypto](https://blog.merklescience.com/hacktrack/tag/crypto), [Hack Track](https://blog.merklescience.com/hacktrack/tag/hack-track), [decentralized finance](https://blog.merklescience.com/hacktrack/tag/decentralized-finance) ### [Hack Track: Zunami Flow of Funds Analysis](https://blog.merklescience.com/hacktrack/hack-track-alphapo-flow-of-funds-analysis-1) Aug 17, 2023 11:54:37 AM On the 13th of August 2023, at around 10:30 pm UTC, [Zunami](https://www.zunami.io/) Protocol suffered a price manipulation attack and lost approximately $2.1 million. [Read More](https://blog.merklescience.com/hacktrack/hack-track-alphapo-flow-of-funds-analysis-1) ![](https://blog.merklescience.com/hubfs/Hacktrack%20Steadefi.png) [#News](https://blog.merklescience.com/hacktrack/tag/news), [cryptocrime](https://blog.merklescience.com/hacktrack/tag/cryptocrime), [blockchain](https://blog.merklescience.com/hacktrack/tag/blockchain), [Crypto](https://blog.merklescience.com/hacktrack/tag/crypto), [Hack Track](https://blog.merklescience.com/hacktrack/tag/hack-track), [decentralized finance](https://blog.merklescience.com/hacktrack/tag/decentralized-finance) ### [Hack Track: Steadefi Flow of Funds Analysis](https://blog.merklescience.com/hacktrack/hack-track-steadefi-flow-of-funds-analysis) Aug 8, 2023 9:06:00 PM On August 7th, 2023, Steadefi, a sophisticated yield aggregator, fell victim to an assault that resulted in a substantial loss of over $1.14 million. [Read More](https://blog.merklescience.com/hacktrack/hack-track-steadefi-flow-of-funds-analysis)