{"id":149336,"date":"2023-09-04T13:44:26","date_gmt":"2023-09-04T08:14:26","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=149336"},"modified":"2023-09-04T13:44:26","modified_gmt":"2023-09-04T08:14:26","slug":"over-45m-stolen-with-pepe-exploit-at-the-helm-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/over-45m-stolen-with-pepe-exploit-at-the-helm-crypto-news\/","title":{"rendered":"Over $45M Stolen with Pepe Exploit at the Helm &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p>According to CertiK, a blockchain security firm, the cryptocurrency industry experienced significant damage from malicious actors in August.<\/p>\n<p>It has been reported that over $45 million in digital assets were stolen from victims, with the PEPE exploit being the primary cause, resulting in a loss of $13.2 million.<\/p>\n<ul>\n<li>Data reveals that exit scams accounted for approximately $26 million, while flash loan attacks and exploits took a combined total of nearly $20 million. This brings the total losses in the crypto space to more than $45 million in August alone.<\/li>\n<\/ul>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\"><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/CertiKStatsAlert?src=hash&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\">#CertiKStatsAlert<\/a> \ud83d\udea8<\/p>\n<p>Combining all the incidents in August we\u2019ve confirmed ~$45.8M lost to exploits, hacks and scams.<\/p>\n<p>Exit scams were ~$26M<\/p>\n<p>Flash loans were ~$6.4M<\/p>\n<p>Exploits were ~$13.5M<\/p>\n<p>See more details below \ud83d\udc47 <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/L2gsJYBJ3b\" data-wpel-link=\"external\">pic.twitter.com\/L2gsJYBJ3b<\/a><\/p>\n<p>\u2014 CertiK Alert (@CertiKAlert) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/CertiKAlert\/status\/1697187776641249518?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\">August 31, 2023<\/a><\/p>\n<\/blockquote>\n<ul>\n<li>Notable contributors to this statistic include the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptopotato.com\/zunami-protocol-exploited-for-over-2-million-native-stablecoin-uzd-plunges-99\/\" data-wpel-link=\"internal\">Zunami Protocol<\/a> attack, which led to $2.2 million in losses, and the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptopotato.com\/optimism-based-exactly-protocol-hacked-over-12m-in-ether-drained\/\" data-wpel-link=\"internal\">Exactly Protocol<\/a> exploit, which siphoned off $7.3 million.<\/li>\n<li>However, the most significant incident, the PEPE withdrawal, accounted for $13.2 million in losses, making it one of the most significant exploits in August.<\/li>\n<li>The incident involved a mysterious withdrawal of $16 million from the Pepecoin (PEPE) project\u2019s multi-sig wallet.<\/li>\n<li>Reportedly, three former members of the project planned the theft and subsequently handed over control to the sole remaining one.<\/li>\n<li>As a result, PEPE\u2019s price <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptopotato.com\/pepe-plummets-13-following-mysterious-changes-to-multisig-wallet\/\" data-wpel-link=\"internal\">plunged<\/a> by approximately 15% on Aug. 24, sparked by the community\u2019s fear of a potential rug pull after spotting the sum withdrawn from the Pepe multi-sig wallet and transferred to various exchanges.<\/li>\n<li>PEPE is currently trading at $0.000000816110, down by 8% over the past week, with a 24-hour trading volume of $63,593,981, according to data from CoinGecko.<\/li>\n<\/ul>\n<div class=\"code-block code-block-12\" style=\"margin: 8px 0;clear: both\">\n<div><span style=\"font-size:11px;color: gray\">SPECIAL OFFER (Sponsored)<\/span><br \/>\n<b>Binance Free $100 (Exclusive): <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptopotato.com\/pl\/binancebanner\" data-wpel-link=\"internal\">Use this link<\/a> to register and receive $100 free and 10% off fees on Binance Futures first month<\/b> (<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptopotato.com\/buy-bitcoin-5-easy-steps\/\" data-wpel-link=\"internal\">terms<\/a>).<\/p>\n<p><b>PrimeXBT Special Offer: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptopotato.com\/pl\/primexbt2\" data-wpel-link=\"internal\">Use this link<\/a> to register &amp; enter CRYPTOPOTATO50 code to receive up to $7,000 on your deposits.<\/b><\/p>\n<\/div>\n<\/div>\n<p><!-- AI CONTENT END 1 --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>According to CertiK, a blockchain security firm, the cryptocurrency industry experienced significant damage from malicious actors in August. It has been reported that over $45 million in digital assets were stolen from victims, with the PEPE exploit being the primary cause, resulting in a loss of $13.2 million. Data reveals that exit scams accounted for [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":149337,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-149336","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/149336","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=149336"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/149336\/revisions"}],"predecessor-version":[{"id":149343,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/149336\/revisions\/149343"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/149337"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=149336"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=149336"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=149336"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}