White | Crypto

CoinGecko and NFT Price Floor data show NFT market cap has cooled since April, while CryptoPunks and BAYC remain top collections by value. Yuga Labs-affiliated developers rescued 68 non-fungible tokens from Flooring Protocol after an exploit put NFTs from collections including Bored Apes and CryptoPunks at risk. Yuga Labs CEO Michael Figge said Monday that the recovered NFTs are now in the company's custody and will be returned once a solution is finalized. Yuga’s pseudonymous vice president of blockchain, 0xQuit, said the recovery covered more than $500,000 worth of NFTs. Read more

A white-hat hacker has helped the creators of Hong Coin by showing them how to exploit a flawed admin function on a smart contract and ultimately refund investors after a decade. A pseudonymous white hat hacker has helped recover $2 million worth of Ether locked in a faulty initial coin offering (ICO) smart contract for almost a decade. In a post to X on Sunday, the white hat, known as “0xflorent,” said they helped recover about 1,003 Ether (ETH) from 48 investors who participated in the Hong Coin (HONG) ICO, a decentralized venture capital fund that never launched due to it failing to reach its funding goal. “The contract held all the investors' ETH and was supposed to auto-refund them,” 0xflorent said. However, “a bug in the refund function quietly broke that, and the funds got stuck.”  Read more

The white hat hacker said the decision to exploit Renegade’s dark pool was made to protect the funds and safety of DeFi users. The team behind the Renegade.fi protocol said a whitehat hacker returned about $190,000 after exploiting one of its Arbitrum-based decentralized dark pools and later complying with instructions in an onchain message to return 90% of the funds. Renegade confirmed the return of funds on Sunday after blockchain analytics platform Blockaid flagged the $209,000 exploit at 8:27 am UTC. The hacker injected malicious logic into a faulty function tied to its V1 Arbitrum dark pool to steal 27 ERC-20 tokens. Data from Arbitrum block explorer Arbiscan shows that the whitehat returned about $190,000 to the Arbitrum wallet address “0xE4A…5CFBE,” which includes $84,370 worth of USDC (USDC), $27,885 in wrapped Bitcoin and $23,950 in wrapped Ether. Read more

Foom Cash lost $2.26 million in an exploit tied to a Groth16 verifier misconfiguration, but a white hat recovered $1.84 million of the funds. A white hat hacker helped Foom Cash recover most of the funds stolen in a $2.26 million exploit, underscoring the growing role of ethical hackers in Web3 incident response. Foom Cash, a decentralized, anonymous lottery protocol based on zero-knowledge proofs, was exploited for $2.26 million in funds. The intervention of an ethical hacker helped the protocol recover $1.84 million, or 81% of the stolen funds, Foom Cash announced on Monday. Read more