MANA Coin, ENA, and 2 Others Under Attack: Hacks on the Rise!

Ozge Saruthan Gedik
By Ozge Saruthan Gedik Add a Comment 1
4 Min Read

On September 19, a series of high-profile incidents in the crypto world exposed ongoing security vulnerabilities. Decentraland’s official Twitter account, linked to the MANA coin project, was hacked, while Ethena Labs reported the theft of its domain registration account. On the same day, it was discovered that the seventh tranche of stolen funds from Indian crypto exchange WazirX was being laundered through Tornado Cash. Additionally, Cencora Inc. was forced to pay $75 million in ransom following a massive cyber attack. These events highlight the critical importance of cybersecurity in the crypto industry.

MANA Coin Project Hit by Twitter Account Hack

On September 19, Decentraland’s official X (formerly Twitter) account was hacked, and a fake airdrop link was posted. This posed a major risk to users, who could have been lured into participating in a fraudulent campaign. Decentraland, the team behind MANA, quickly warned its users to protect their personal information and assets.

Ethena Labs’ Domain Registration Account Stolen

On the same day, Ethena Labs announced that its domain registration account had been compromised. As a result, the company temporarily deactivated its official website. However, Ethena assured users that neither the protocol nor user funds were affected by this breach. They issued a strong warning to avoid interacting with fake websites posing as Ethena.

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WazirX Hackers Launder Funds, Cencora Pays $75 Million in Ransom

Meanwhile, blockchain security firm Paidun revealed that the seventh tranche of stolen funds from the WazirX hack, amounting to 5,000 ETH (around $12 million), had been transferred to a new address and laundered through Tornado Cash, a crypto mixer that anonymizes transactions. This incident underscores the persistent security gaps in crypto exchanges and the need for stronger protection measures.

MANA Coin, ENA, and 2 Others Under Attack: Hacks on the Rise! = The Bit Journal

At the same time, renowned crypto researcher ZachXBT shed light on a massive ransomware attack on pharmaceutical giant Cencora Inc. The company was forced to pay 1,091.5 Bitcoin ($75 million) as ransom, setting a new record for the largest ransom payment in history. The attackers initially demanded $150 million, but negotiations brought the final payment down to $75 million. The payments were made across three different Bitcoin wallets between March 7 and 8, 2024.

Cencora’s silence on the incident has sparked significant criticism within the crypto community, leading to speculation that the full extent of the attack may still be hidden.

Conclusion: Cybersecurity Risks in the Crypto World

The events of September 19 demonstrate the ongoing challenges that crypto platforms face in securing their assets and infrastructure. From social media hacks to ransomware attacks, these incidents serve as a reminder of the ever-present security threats in the digital asset space. As the crypto world evolves, platforms and users alike must remain vigilant and adopt stronger security measures to safeguard their investments.

Disclaimer

The price predictions and financial analysis presented on this website are for informational purposes only and do not constitute financial, investment, or trading advice. While we strive to provide accurate and up-to-date information, the volatile nature of cryptocurrency markets means that prices can fluctuate significantly and unpredictably.

You should conduct your own research and consult with a qualified financial advisor before making any investment decisions. The Bit Journal does not guarantee the accuracy, completeness, or reliability of any information provided in the price predictions, and we will not be held liable for any losses incurred as a result of relying on this information.

Investing in cryptocurrencies carries risks, including the risk of significant losses. Always invest responsibly and within your means.

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Özge is a skilled and passionate content writer with a focus on finance and politics. She is highly knowledgeable in these subjects and able to explain complex concepts in an easy-to-understand manner.In her free time, Özge enjoys reading about the latest developments in the world of finance and politics. She also enjoys hiking and traveling to new places. With her strong writing skills and keen interest in these subjects, Özge is able to produce high-quality content that engages and informs readers.In addition to her writing skills, Özge is a highly organized and detail-oriented individual. She is able to manage multiple projects at once and meet tight deadlines without sacrificing the quality of her work. Özge's ability to research and analyze information makes her an asset to any team looking to produce well-informed and accurate content.
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