USDe

The overall cryptocurrency market experienced a massive downturn this week, despite several massive <a href="https://news.todayq.com/crypto-market-lost-42-6-million-in-hacks-and-scams-in-may-2024/" rel="noopener noreferrer nofollow">cryptocurrency losses</a> in various exploits. Today, on June 24, 2024, CertiK Alert posted on X that this week’s market witnessed a series of significant cryptocurrency exploits, resulting in notable $74 million in financial losses across several platforms. The crypto market lost $74 million this week 
The most recent breach occurred at BtcTurk, where roughly $54 million worth of cryptocurrencies got stolen. CoinStats also suffered a significant hit, losing around $10 million. Additionally, the sports betting platform SportsBet reported a loss of roughly $3.5 million. Farcana was not spared either, with an estimated 23,809,523 FAR tokens stolen.
On June 23, 2024, following the security breach, CoinStats made a post on X stating that they had mitigated a security incident, temporarily shutting down the app. No connected wallets or CEXes were impacted. Thanks to the team’s quick response, only 1.3% of wallets (1,590) were affected, though this number may change.
CoinStats, in its post, also added that if your wallet is affected, move your funds immediately using your exported private key. The extent of moved funds is under investigation, with updates to follow. Crypto attack on June 23, 2024 
Besides this massive attack in the last 7 days, on June 23, 2024, an on-chain analytics firm Lookonchain made a post on X that another massive phishing attack resulted in the loss of $11.1 million. The victim was tricked into giving up 3,657 MKR tokens worth $8.7 million and 2.56 million PT Ethena tokens valued at $2.4 million. The exploiter swiftly sold the 3,657 MKR tokens for 2,502 ETH, causing the price of MKR to plummet by 7%. Additionally, the 2.56 million PT Ethena tokens were swapped for 689 ETH.
Someone lost $11.1M in a phishing attack 5 hrs ago!He was exploited for 3,657
Besides this, on June 23, 2024, another victim lost $11 million worth of aEthMKR and Pendle USDe tokens due to signingmultiple phishing permit signatures. The exploiter made off with 3,657 aEthMKR tokens valued at $8.7 million and 2.56 million Pendle USDe tokens worth $2.4 million. The attacker then sold the 3,657 aEthMKR tokens for 2,502 ETH, causing the price of aEthMKR to drop by 7%. Additionally, the 2.56 million Pendle USDe tokens were swapped for 689 ETH.

Crypto investors lost $74 million this week, shows data

Todayq News

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