2021-6-1 07:00 |
Following a series of high-profile, multimillion hacker attacks on several decentralized finance (DeFi) platforms based on Binance Smart Chain, the network has issued an official “call for action” to developers. origin »
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In the wake of an increasing number of hacks and attacks on Binance Smart Chain (BSC) protocols, the community is calling for action. The post Binance Smart Chain Claims DeFi Attacks ‘Organized and Targeted’ appeared first on BeInCrypto.
2021-5-31 10:15 | |
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There have been two back-to-back flash loan attacks in a short period of time stemming from two unique Binance Smart Chain decentralized finance (defi) projects. Last Wednesday, the yield-farming platform Pancakebunny lost close to $3 million in a flash loan attack according to reports.
2021-5-25 02:00 | |
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The latest victim in the wave of flash loan attacks targeting the decentralized finance (DeFi) industry is one of its largest players — PancakeBunny. The post PancakeBunny Attacked With Massive $200M Flash Loan Exploit appeared first on BeInCrypto.
2021-5-20 08:06 | |
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In a tweet published in the early hours of today, DODO decentralized exchange said a number of its liquidity pools were attacked yesterday, March 8, 2021. DODO’s V2 CrowdPool Funds Stolen The attacks which drained a reported $2.
2021-3-10 19:28 | |
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DeFi exploits and attacks have become increasingly commonplace as the space evolves and attracts both money and participants. The post Latest Ethereum DeFi exploit sees $14 million stolen from ‘Furucombo’ appeared first on CryptoSlate.
2021-3-1 16:47 | |
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Crypto crime rates are dropping despite a massive increase in attacks targeting the DeFi sector, reports security firm CipherTrace.
2021-1-29 06:26 | |
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Flash loans attacks have received a lot of press attention. But they're not DeFi's biggest vulnerability, says Chainlink's CMO.
2020-11-12 22:50 | |
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The research firm CipherTrace assessed losses of DeFi protocols as a result of malicious actions in 2020. Almost $100 million was stolen from DeFi protocols, and the entire crypto industry lost $468 million due to attacks.
2020-11-16 14:09 | |
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The latest Harvest Finance DeFi incursion has generated overwhelming denigration from crypto pundits on social media. However, it would be more constructive to break the situation down to find out exactly what happened in order to mitigate future attacks.
2020-10-27 10:04 | |
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Several decentralized finance (DeFi) protocols have fallen victim to economic exploits since the start of this year. These have included large-scale attacks on the bZx project, the $25 million exploit on dForce’s lending protocol LendfMe.
2020-10-26 14:33 | |
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Decentralized Finance [DeFi] has been a hotspot for a lot of innovation in the recent past. However, the DeFi ecosystem has had to endure quite a few attacks lately, and issues pertaining to its securThe post For DeFi's security woes, is centralization even an option? appeared first on AMBCrypto.
2020-5-9 21:45 | |
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DeFi player Synthetix reportedly suffered market manipulation attacks on its platform late last year. The incident emphasizes the need for better oracles and infrastructure around decentralized finance.
2020-3-5 23:14 | |
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Flash loan attacks are here to stay and are likely to get more serious. DeFi needs to adapt, says a leading crypto VC.
2020-2-28 20:22 | |
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With so much innovation going on in the space, DeFi has become a big rising star over the years. In a more recent milestone, DeFi apps on the Ethereum network hit an all-time high of $1.21 billion on The post DeFi attacks reignite centralization dilemma, debates on protocol reliability appeared first on AMBCrypto.
2020-2-26 22:30 | |
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Love it or hate it, decentralized finance has been taking the cryptocurrency space by storm in recent times. Using smart contracts on the blockchain, DeFi apps enable lending, borrowing, and a multituThe post DeFi attacks may be 'fundamentally caused by centralization of power' appeared first on AMBCrypto.
2020-2-23 19:30 | |
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Two recent flash loans on the defi platform Bzx have started a fierce debate about the subject of using uncollateralized loans in a quick trade. Essentially these flash loans are providing people with the ability to borrow crypto without relinquishing any collateral.
2020-2-23 02:40 | |
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Recent attacks on the lending platform bZx have left faith in DeFi shattered, but what actually happened? And can the sector bounce back?
2020-2-23 23:00 | |
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Nexus Mutual members voted to pay out two claims following the bZx flash loan attacks – a first for the DeFi insurance pioneer.
2020-2-21 00:15 | |
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Here's a plain-English breakdown of the bZx attacks and their broader implications for the budding DeFi markets.
2020-2-20 01:50 | |
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A breakdown of the role of price oracles in the recent DeFi attacks, plus what DeFi can learn from early exchange hacks.
2020-2-20 23:00 | |
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Today we're breaking down the flash loan attacks that rocked the DeFi community in a way even your grandpa can understand, presented in both audio and full-text format.
2020-2-20 21:50 | |
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Are two recent attacks taking advantage of "flash loans," low liquidity and price oracle issues the first of more to come?
2020-2-19 23:00 | |
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bZx, a DeFi lending protocol, was hit with a series of exploits. The attacks resulted in the loss of 3,581 ETH worth nearly $1 million. A series of unfortunate events On Feb. 14, the bZx team was alerted about a suspicious transaction that allowed the perpetrator to net a whopping $300,000 in profits.
2020-2-19 18:07 | |
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Gauntlet, a simulation platform that builds the financial models of blockchain networks and applications to prepare them against attacks, has joined forces with Stellar Lumens (XLM), Celo, and Compound, a platform for decentralized finance (DeFi).
2019-10-26 09:00 | |
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According to the latest report, a former Coinbase customer service contractor has been arrested in India for their role in a recent data breach incident. This arrest comes after hackers reportedly bribed customer service representatives or contractors to gain access to customer information at the US’s largest cryptocurrency exchange.
Two headlines hit the internet within hours of each other this week, and together they map the current state of DeFi’s security theater. StakeWise DAO executed contract calls to recover approximately $19.
A forfeiture complaint shared by blockchain detective ZachXBT revealed that the $150 million hack suffered by Ripple co-founder Chris Larsen resulted from private keys stored in the password manager LastPass, which was compromised in 2022.
Safe published a preliminary report on Mar. 6 attributing the breach that led to the Bybit hack to a compromised developer laptop. The vulnerability resulted in the injection of malware, which allowed the hack.
Thorchain is experiencing a developer exodus, as hackers from Lazarus Group are using the interoperability-focused blockchain to launder Ethereum (ETH) stolen in the Bybit hack. A Thorchain developer known as TCB announced that Pluto, the protocol’s unofficial lead developer, is stepping down.
Cryptocurrency-related hacks resulted in nearly $74 million in losses in January 2025, marking a staggering ninefold increase from December, according to a new report from Immunefi. The sharp rise came despite a nearly 45% year-over-year decline compared to January 2024, when losses totaled $133 million.
The Singapore High Court has approved Zettai Pte Ltd’s request to convene a meeting with creditors of the crypto exchange WazirX, allowing the company to present its restructuring proposal. The decision is a critical step in Zettai’s efforts to address debts and recover from the $230 million hack of WazirX linked to North Korea’s Lazarus […] The post Singapore court backs WazirX plan for post-hack revival appeared first on CryptoSlate.