Cyvers in the News

WOOFi launches 10% whitehat bounty following $8.5m exploit of its Arbitrum contact

‍WOOFi’s smart contract for swapping tokens on Arbitrum WooPPV2 suffered an exploit, resulting in a loss of $8.5 million worth of crypto, ^{according to Cyvers Alerts.} Analysts revealed in an X post on Mar. 6 that the hacker funded its operation through a Tornado Cash-related address in Ethereum (ETH) to cover transactional costs.

Indonesian crypto exchange Indodax goes offline after suspected $22M hack

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^{Yosi Hammer, the head of AI at Cyvers} , suspects the involvement of North Korea’s infamous cryptocurrency hackers, the Lazarus group. He told BSCN:“The pattern and the characteristics of the (Indodax) attack highly resemble those of North Korea’s Lazarus Group.”