THORChain exploit tied to malicious node and GG20 flaw

The exploit highlights the critical need for robust security practices in crypto platforms, as trust hinges on operational integrity. The post Polymarket hit by $700K exploit of internal top-up wallet appeared first on Crypto Briefing.

A security research team just used Claude Mythos to identify the first known exploit in Apple’s M5 chip. They needed physical access to the device to use it, the vulnerability has since been patched, and I don’t think it should be seen as a huge threat. But it is a stark warning that in this AI age, attackers can find and exploit system vulnerabilities at a dangerously fast rate. While widely reported, the proof-of-concept exploit was of limited significance because it required direct physical access to the target device; what matters most is that it is a very real illustration of the new security reality. AI doesn’t care whose side you’re on AI boosts productivity for everyone, including attackers. In this case, the technology augmented the human security research team’s efforts, enabling them to identify a weakness in Apple’s security system. This won’t be the first time AI gets used to identify hard-to-find bugs and certainly won’t be the last. This should be a real concern to any p

The incident underscores the critical need for robust operational security in crypto, highlighting vulnerabilities beyond technical exploits. The post Polymarket investigates private key compromise, no contract exploit found appeared first on Crypto Briefing.

THORChain's recovery plan without token dilution could set a new standard in DeFi, emphasizing security and investor confidence over inflationary fixes. The post THORChain proposes recovery plan after May 15 exploit, no new RUNE minted appeared first on Crypto Briefing.

Blockchain investigator ZachXBT first pointed to a possible hack, indicating that $520K were drained so far. Polymarket acknowledged the security event and stressed that it was taking action after the compromise of an alleged private key, explaining that user funds were safe. Polymarket Faces Security Event: No User Funds Affected Polymarket, one of the largest […]

THORChain has faced criticism from crypto security researchers and investors after proposing to continue using its patched GG20 signing framework following a $10.7 million exploit tied to the system. According to a post-mortem report released by THORChain on Wednesday, a…

Polymarket said user funds and market resolution were safe after a suspected private key compromise tied to top-up operations.

THORChain opened ADR028 voting after a $10.7M exploit, proposing POL losses, synth sharing, no new RUNE, and a hacker bounty plan.