Navigating the Storm: Defi’s Precarious Position Amid a String of Exploits and Market Declines
In the wake of July’s unprecedented wave of decentralized finance (defi) breaches, together with Curve Finance’s staggering $62 million exploit, the defi financial system has...
Sturdy Finance Falls Victim to Exploit, Losing 442 ETH in Latest Defi Hack
Decentralized finance (defi) platform Sturdy Finance was exploited on Sunday night, dropping 442 ether to an attacker. The group behind the venture said that it’s...
Crypto Exchange Bitrue Suffers $23 Million Hack
Singapore-based crypto alternate Bitrue has misplaced hundreds of thousands of U.S. {dollars}’ price of ether and different cash in a hack. The buying and selling...
Sushiswap Smart Contract Bug Results in Over $3M in Losses; Head Chef Says Hundreds of ETH Recovered
According to a number of stories, a bug launched to the decentralized trade (dex) protocol Sushiswap’s sensible contract has resulted in additional than $3 million...
Rogue Validator Exploits MEV Bots on Ethereum, Resulting in $25.3M in Crypto Losses
On April 3, 2023, at Ethereum block peak 16,964,664, a bunch of MEV (Maximal Extractable Value) bots had been exploited for $25.3 million. An evaluation...
Gemini Customer Data Leak Was Advertised for Sale on Hacker Forums for 30 BTC in September
On Dec. 14, 2022, the crypto trade Gemini revealed that some Gemini clients have been the goal of phishing assaults that the agency believes stem...
BNB Chain-Based Defi Protocol Ankr Suffers Major Exploit
Decentralized Web3 infrastructure supplier Ankr has change into the most recent sufferer of a hacking assault concentrating on the defi house. The perpetrators who hit...
Solana-Based Lending App Solend Gets Hacked for $1.26 Million in ‘Oracle Attack’
The Solana-centric lending utility Solend misplaced $1.26 million in an oracle assault, in line with Solend’s official Twitter account on Wednesday. Quite a lot of...
Hacker Siphons Close to $300K in OHM Tokens From the Olympus DAO
On Friday, October 21, a malicious entity siphoned 30,437 OHM tokens from the Olympus DAO after discovering a loophole within the rebase challenge’s sensible contract....
Binance-Backed Blockchain Completes Hard Fork to Mitigate Future Cross-Chain Bridge Hacks
The Bnb Smart Chain commenced the blockchain’s arduous fork on October 12, at block top 22,107,423, with the intention to add a safety patch to...