BITPRISMIA
A former Pump.fun developer, Jarett Dunn, was jailed in London for breaching bail conditions after stealing $2 million from the platform in May 2024, highlighting the growing issue of insider attacks in the crypto industry.
The first half of 2025 has seen unprecedented cryptocurrency hack losses, exceeding the total for all of 2024, highlighting significant security vulnerabilities in the crypto ecosystem.
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BigONE exchange reported a security breach involving its hot wallet, detected by SlowMist, but assured private keys remain secure and services have been restored; this follows a $42 million exploit on GMX, where most funds were returned.
BigONE Exchange suffered a $27 million crypto theft due to a backend server manipulation, with no user assets lost as the exchange pledged full compensation from its reserves.
The BigONE hacker converted $27 million in stolen funds into Bitcoin, Tron, Ethereum, and Solana, highlighting the challenges and implications of tracking stolen crypto assets through on-chain data.
Crypto exchange BigONE confirmed a $27 million hack due to a hot wallet exploit and has vowed to fully compensate affected users while working with security firm SlowMist to track the stolen funds.
BigONE Exchange suffered a supply chain attack resulting in losses exceeding $27 million, but user assets remain safe as the exchange has pledged to cover all losses.
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Hackers exploited a vulnerability in Arcadia Finance's Rebalancer contract on the Base blockchain, stealing approximately $2.5 million in cryptocurrency, marking the platform's second major security incident.