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South Korean prosecutors discovered that approximately $47 million worth of Bitcoin (BTC) they had seized and stored as part of a criminal investigation is no longer accessible, with authorities suspecting a phishing attack may have compromised the digital assets after an agency worker visited a fra

South Korean prosecutors investigating the loss of Bitcoin (BTC) seized in a criminal case after a suspected phishing attack compromised state custody around mid-2025. The Gwangju District Prosecutors' Office recently discovered a substantial amount of confiscated cryptocurrency had disappeared duri

Ethereum DeFi platform Makina Finance lost 1,299 ETH worth approximately $4.1 million on January 20 after hackers manipulated price oracles on its DUSD-USDC liquidity pool hosted on Curve Finance. An MEV builder frontran the attack and captured the majority of stolen funds, complicating recovery eff

Makina Finance, a decentralized finance protocol on Ethereum, lost approximately $4.2 million after an attacker exploited a vulnerable oracle mechanism in its DUSD/USDC stableswap pool, with blockchain security firm CertiK tracing the majority of stolen funds to an MEV builder address. What Happened

Nearly four out of five cryptocurrency projects that suffer major hacks never fully regain their footing, according to Mitchell Amador, CEO of Web3 security platform Immunefi. Amador told Cointelegraph that most protocols enter a state of paralysis the moment an exploit is discovered. "Most protocol