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Recent security,incidents.

A regularly refreshed view of reported crypto exploits, wallet compromises, bridge incidents, and related security events. Each item links to the attributed third-party report.

Latest attributed reports

What has been reported

Source feed updated . Items are ordered by their reported publication date.

01

Abracadabra proposes winding down after string of hacks years ago left each $1 "stablecoin" token backed by $0.04 in reserves

Abracadabra, the defi project behind the Magic Internet Money (MIM) stablecoin, is shutting down. It blamed its string of hacks:,, and, which altogether left about $21 million in bad debt. According to the shutdown proposal, 22 million MIM are in circulation, backed by just…

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02

Porsche shuts down its NFT project with the floor price down 96%

When Porsche announced its Porsche 911 NFT project at Art Basel Miami in 2022, it promised holders "he opportunity to co-create Porsche's future in the Web3 universe". Turns out there wasn't much to that future.

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03

Pudgy Penguins company shuts down its Abstract blockchain after losing "8 figures" running it

Igloo, the company behind the Pudgy Penguins NFTs, announced it will shut down Abstract, its Ethereum layer-2 blockchain, on December 15. CEO Luca Netz said the company had lost "8 figures" in the less than two years they were running the chain.

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04

Near Intents exploited for $3.8 million, recovers all assets

Near Intents, a cross-chain swap service, halted operations after an attacker drained around $3.8 million by exploiting a bug in its Omni layer.

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05

Blur NFT marketplace to shut down

Blur, the NFT marketplace that overtook OpenSea in trading volume shortly after its 2022 launch, announced it will shut down its website in a month. They also announced that Blend, Blur's NFT lending platform, will stop matching new loans on the same day. Borrowers have until…

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06

Blur shuts down its Blast blockchain

Blast, the Ethereum layer-2 created by the team behind the Blur NFT marketplace, is shutting down less than three years after launch. In the announcement, they disclosed that its costs now exceed its revenue and that it sees "no credible path" to fixing that. Despite once…

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07

At least $86 million stolen via tampered Ledger hardware wallets resold by CryptoBilis

The users of more than 300 Ledger cryptocurrency wallets have suffered an estimated $86 million to $93 million in losses after thieves drained assets across blockchains including bitcoin, Ethereum, and Tron. Ledger is a popular manufacturer of hardware wallets — a type of…

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08

Single attacker steals $2.25 million from three crypto projects in the "Artificial Superintelligence Alliance"

One attacker stole crypto tokens from three cryptocurrency projects that are part of what's called the "Artificial Superintelligence Alliance" — a group of crypto projects "dedicated to decentralized Artificial General Intelligence". The attack occurred within just one day,…

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09

Projects on the defunct Neutron chain lose $1.8 million to governance attack, Cosmos Hub halts chain

Neutron, a blockchain in the Cosmos ecosystem that entered maintenance mode in June, suffered a governance attack when someone spent $20,200 to acquire enough NTRN governance tokens to pass a vote allowing them to take control of the Neutron-based Astroport and Drop…

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10

Magic Eden users lose NFTs and $1.8 million in wETH to legacy approvals exploit

Exploiters took advantage of a legacy approvals bug in an old payment processor called Limit Break, which the platform had stopped using in late 2024. The bug affected listings on Magic Eden's EVM marketplace, which the company had shut down earlier this year. The attackers were…

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11

Meter token prices crash after unauthorized mint

An exploiter was able to mint unbacked wrapped MTR and MTRG tokens, notionally priced at more than $2.3 million. They sold some of the tokens on a decentralized exchange, crashing the MTRG price by more than 88%. The price of the project's MTR token — which is supposed to…

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12

Payy Network bridge fully drained of $1.8 million

The Payy Network, a stablecoin infrastructure company, disclosed that a bridge contract had been fully drained of funds, netting attackers $1.8 million. They later stated that the theft was "NOT a compromised key, social engineering or exploit of our off-chain infrastructure,"…

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Read reports carefully

Context before conclusions

  1. 01
    Reported losses are estimates

    Asset prices, recoveries, duplicated transfers, and later investigation can change the total.

  2. 02
    An incident is not a complete risk score

    One event does not describe every product, user, contract, network, or current control.

  3. 03
    Use an official response channel

    If you may be affected, verify instructions through the project or provider’s known official channels before signing or transferring anything.

Source and licence

Attribution

Incident titles and summaries are supplied by Web3 is Going Just Great through its public Atom feed and are used under CC BY-SA 3.0. CryptooChai may shorten descriptions, normalize whitespace, reorder items by publication date, and add its own context. Feed-derived excerpts on this page are shared under the same licence.

Source feed: web3isgoinggreat.com/feed.xml