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In the April 2025, UPCX, a great crypto percentage system, are hacked to possess 18.4 million UPC tokens well worth $70 million. The new attacker minted 111 million unclaimed ZK tokens value $5 million of airdrop contracts, increasing the circulating also provide from the 0.45%. By spoofing token metadata and you will tricking smart contracts, it bypassed security checks and withdrew around $220 million. Cetus, a great decentralized replace to the Sui blockchain, educated a big mine when criminals utilized bogus token deals to help you manipulate pool stability and you may drain property. The brand new assailant composed a harmful token with wise deal services one mimicked genuine assets and used it to sidestep interior accessibility regulation. Hacktivist group “Predatory Sparrow” stated obligations, claiming the newest assault is retaliation against the Iranian program.
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