Cyvers in the News

Terra exploited for $6.8m due to reentrancy vulnerability: report

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^{According to Cyvers, hackers have stolen 60 million} ASTRO, 3.5 million USDC, 500,000 USDT and 2.7 Bitcoin BTC-0.93%Bitcoin from the Terra blockchain. The total amount of reported losses has reached roughly $6.8 million.

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^{Cyvers claims that this vulnerability was “revealed in April of this year.”}

WazirX Hit By ₹1,900 Cr Breach; North Korean Hacker Group Suspected Behind Cyber Attack

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^{The breach was first noticed by Cyvers}, a cryptocurrency cybersecurity firm based in Israel, who, after verifying it, immediately reached out to WazirX and also announced the breach on X.

^{Hakan Unal, Senior Security Operation Center Lead at Cyvers}, told the FPJ in an exclusive interview that the breach was detected almost as soon as it was executed, thanks to their advanced Artificial Intelligence-based monitoring systems.

WazirX halts trading after a $234 million hack

^{Web3 security firm Cyvers has detected} “multiple suspicious transactions” involving WazirX’s Safe Multisig wallet on Ethereum.

^{According to the Cyvers report}, “The suspicious address has already swapped PEPE, GALA, and USDT to ETH and continues to swap other digital assets.”