WazirX, a leading Indian cryptocurrency exchange catering primarily to the domestic market, suffered a major security breach on July 18th, 2024. Hackers managed to siphon off more than $234.74 million worth of crypto assets in over 190 different tokens.
CurioDAO is a multichain platform focused on real-world asset tokenization, enhancing liquidity through various mechanisms such as stablecoins, a launchpad, and Automated Market Makers.
The platform is governed by the Curio Governance Token (CGT), allowing holders to participate in decision-making processes related to the Curio Creator Protocol.
On the 23rd of March 2024, a vulnerability in the voting power privilege access control was exploited, leading to a significant security breach. The attacker gained access to Curio Governance (CGT) tokens, allowing them to increase their voting power within the project's smart contract. With this elevated voting power, the attackers were able to execute the unauthorized minting of a large quantity of CGT tokens.
On November 1st, Onyx Protocol encountered a substantial security breach, leading to a loss of approximately $2.1 million. To carry out the attack, the hackers adeptly leveraged a well-documented rounding-off discrepancy inherent to the widely used CompoundV2 fork.
On October 25th, 2023, LastPass, a widely used password manager, fell victim to a security breach. The breach had significant ramifications, affecting approximately 25 users whose assets were distributed across 80 wallets. This breach resulted in a staggering loss of approximately $4.4 million in various cryptocurrencies. Among the affected blockchain networks were Bitcoin, Ethereum, Binance Smart Chain, Polygon, Solana, Cardano, Litecoin, Arbitrum, and Avalanche.
On September 24th, 2023, Huobi Global's HTX exchange fell victim to a security breach, resulting in a substantial loss of $7.9 million. This incident stemmed from the compromise of the protocol’s hot wallets.
Mixin Network, a Hong Kong-based digital asset transactional platform, reported a security breach on 25 September, 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.
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.
