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Hack

A Hacker Just Drained $500k in Ethereum & Altcoins From a DeFi App

cryptocurrency June 29, 2020

Ethereum’s budding decentralized finance ecosystem has gone parabolic over recent weeks. Advertisements The value of cryptocurrencies locked in DeFi applications has skyrocketed to $1.65 billion, 65% higher than this metric was just 12 days ago. Simultaneously, the number of users leveraging applications like Compound, Maker, and Synthetix has skyrocketed. Unfortunately, a purported hack just took […]

2 Reasons Why Ethereum DeFi Hacker Returned $25 Million in Hacked Funds

cryptocurrency April 21, 2020

The weekend saw an exploit of the dForce DeFi protocol which netted hackers $25 million worth of crypto. This consisted mostly of Ethereum and stablecoins, with Bitcoin bringing up the tail end of assets stolen.But in a stunning turn of events, the attacker has since returned the stolen funds. Observers believe this was due to […]

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