Tag: SlowMist
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The Minting Glitch: How a 5-Year-Old Bug Cost Truebit $26 Million
In early January 2026, a sophisticated adversary identified a critical vulnerability within the purchase and minting contract of the Truebit exchange, effectively transforming the TRU token mechanism into an automated mint for nearly costless assets. By liquidating these illicitly generated tokens back into the Bonding Curve liquidity pools, the attacker exfiltrated an estimated $26 million…
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How a Hidden Backdoor Drained $7M from Trust Wallet
A dangerous vulnerability has been discovered in the Trust Wallet browser extension, potentially allowing attackers to steal users’ cryptocurrency. The issue affected version 2.68, and the wallet’s team officially urged everyone who had installed it to immediately disable the extension and update to version 2.69. The first complaints were reported by researcher ZachXBT, who wrote…
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The Christmas Drain: How a Backdoor in Trust Wallet v2.68 Stole $7M
Blockchain investigator ZachXBT reported on December 25 that, over the preceding hours, numerous Trust Wallet users had experienced unauthorized withdrawals. Affected individuals claimed their assets were drained from their wallets without any form of confirmation. ZachXBT noted that complaints began surfacing shortly after the release of an update to the browser extension. Preliminary estimates, based…
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BigONE Crypto Exchange Hacked for $27 Million: Funds Being Laundered, Users Reassured
The cryptocurrency exchange BigONE has fallen victim to a cyberattack that resulted in the theft of digital assets valued at $27 million. The breach occurred during the night of July 16, when the platform’s security systems detected suspicious activity linked to unusual fund movements within its hot wallet. An ensuing investigation confirmed that the incident…