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Hack

cryptocurrency September 20, 2022

Key Takeaways Wintermute has been hacked for $160 million. The hackers targeted the firm’s DeFi operations. Its centralized activity and over-the-counter services are unaffected. Wintermute founder and CEO Evgeny Gaevoy has said the firm is still solvent and user funds are safe. Share this article URL Copied Advertisements Gaevoy said that the firm would be […]

cryptocurrency June 8, 2022

Key Takeaways EVODeFi, a bridge in the Oasis Protocol ecosystem, may be $66 million short of funds. EVODeFi responded to the turmoil by pausing the bridge on June 7. The Oasis Foundation has issued a statement attributing those losses to FUD rather than protocol failures. Share this article URL Copied Advertisements Rumors of insolvency are circulating […]

cryptocurrency May 30, 2022

Key Takeaways Mirror Protocol suffered a $90 million exploit—seven months ago. The attacker was allowed to unlock collateral from the protocol again and again while paying very little in fees. The attack was only discovered in the last few days. Share this article URL Copied Advertisements Mirror Protocol suffered a $90 million exploit last October, […]

cryptocurrency April 30, 2022

Advertisements Quick take: DeFi hackers have made off with over $10 million in Ethereum (3,540 ETH) from Saddle Finance The loss could have been higher, but white hat hackers from Block Sec Team rescued $3.8 million worth of Ethereum (1,360 ETH) The team at Saddle Finance has confirmed the hack Block Sec is in the […]

cryptocurrency April 28, 2022

Share this article URL Copied Advertisements The DEUS team said that user funds were safe.  DEUS Finance Suffers Flash Loan Exploit  DEUS Finance DAO is the latest DeFi protocol to suffer a major attack.  The multi-chain DeFi project, which runs on Ethereum, Fantom, BNB Chain, and a number of other Layer 1 networks, was targeted […]

cryptocurrency March 30, 2022

Advertisements Summary: The parent company of Axie Infinity is committed to reimbursing players affected by the $625 million hack 173.6k Ethereum and 25.5 million in USD Coin (USDC) were stolen from the Ronin bridge The Ronin Network exploit is the largest DeFi hack to date at $625 million The price of AXS and RON have […]

cryptocurrency December 21, 2021

Key Takeaways The DeFi protocol Visor Finance has been hacked, resulting in over $8 million worth of losses. A hacker is thought to have exploited a reentrancy bug that allowed them to withdraw funds from a pool. The team has announced a token migration after VISR crashed 95%. Share this article URL Copied Advertisements The […]

cryptocurrency December 20, 2021

Key Takeaways An unknown hacker has stolen $30 million from the Fantom-based DeFi project Grim Finance. The hacker exploited a reentrancy bug in the project’s smart contracts. Following the attack, Grim Finance’s total value locked has tumbled from $98.9 million to $4.2 million, while its native token GRIM is down 70%. Share this article URL […]