Binance Smart Chain sounds alarm over ‘well-organized’ DeFi attacks

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.

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Источник: cryptoslate.com

defi attacks → Результатов: 25

Binance Smart Chain Claims DeFi Attacks ‘Organized and Targeted’

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
binance attacks chain smart claims defi targeted

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Flash Loan Attacks Drain 2 Binance Smart Chain Defi Projects for $6 Million

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	Yield Farming
flash loan million two defi projects attacks

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PancakeBunny Attacked With Massive $200M Flash Loan Exploit

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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Chinese DEX Platform DODO Loses $2.1 Million In Latest DeFi Attack

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	DeFi
dodo march yesterday attacked liquidity pools 2021

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Latest Ethereum DeFi exploit sees $14 million stolen from ‘Furucombo’

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	ETH
defi furucombo latest stolen ethereum exploit sees

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Crypto crime dropped 57% in 2020 but DeFi hacks surged: CipherTrace

Crypto crime rates are dropping despite a massive increase in attacks targeting the DeFi sector, reports security firm CipherTrace.

2021-1-29 06:26
ciphertrace defi crime crypto attacks increase targeting

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Flash Loans Aren’t the Problem, Centralized Price Oracles Are

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	DeFi
loans flash attention biggest chainlink cmo says

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Study: Almost $100 Million Stolen from DeFi Protocols in 2020

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	News
million defi protocols 2020 almost 100 stolen

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Harvest Finance Releases Attack Postmortem After Losing $24 Million

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	Stablecoins
harvest finance situation break constructive down out

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DeFi Protocol Harvest Finance Offers $100,000 Bounty In The Aftermath Of A $24M Exploit

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	DeFi
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For DeFi's security woes, is centralization even an option?

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	Trading View
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Synthetix Reveals $2.5 Million Price Manipulation Attack

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	Synthetix
manipulation synthetix need emphasizes incident year oracles

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The DeFi ‘Flash Loan’ Attack That Changed Everything

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
defi loan flash needs serious says crypto

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DeFi attacks reignite centralization dilemma, debates on protocol reliability

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	Trading View
defi protocol reliability debates centralization reignite attacks

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DeFi attacks may be 'fundamentally caused by centralization of power'

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	Trading View
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Understanding Defi Flash Loans: Complex Attacks, Inflation and Composable Systems

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
loans flash defi people these providing quick

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Are the BZx Flash Loan Attacks Signaling the End of DeFi?

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	#fintech
attacks defi bzx actually shattered happened back

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DeFi Insurance Firm Nexus Mutual Makes Its First Payout Following bZx Attacks

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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Everything You Ever Wanted to Know About the DeFi ‘Flash Loan’ Attack

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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Chainlink’s Sergey Nazarov on What DeFi Can Learn From Early Exchange Hacks

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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The Flash Loan Attacks Explained (for Everybody)

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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Is It Exploitation Season for DeFi?

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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DeFi lending protocol bZx exploit leads to a $1 million loss

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	Hacks
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Gauntlet Joins Forces with Stellar (XLM), Celo and Compound

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	XLM
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North Korean hackers impersonate tech professionals to steal billions in crypto

North Korean hackers have stolen billions in cryptocurrency and sensitive corporate data by impersonating venture capitalists, recruiters, and remote IT workers. Researchers made the revelations during Cyberwarcon, an annual cybersecurity conference, on Nov.

Hacker returns stolen funds to US government in less than 24 hours

The US government successfully recovered nearly $19. 3 million in crypto less than 24 hours after it was mysteriously siphoned from government-associated wallets, according to analysts, including ZachXBT and Arkham Intelligence.

US government-linked address likely exploited for over $20 million in crypto

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Transak hit with data breach affecting 1.14% of its user base

Transak, a company providing fiat-to-crypto services, has reported a significant data breach affecting more than 92,000 users. In an Oct. 21 update, the firm revealed that the breach stemmed from a phishing attack targeting an employee’s laptop, leading to unauthorized access to sensitive user information.

Eigenlayer X account hacked taking advantage of platform design to hide scam link

Eigenlayer’s X account has been compromised, prompting a warning from blockchain security firm PeckShieldAlert. Users are urged to avoid clicking on phishing links from the account. The phishing attempt employs sophisticated tactics.

FBI arrests man for SEC social media hack over fake Bitcoin ETF approval post

The FBI arrested the man allegedly responsible for hacking the US Securities and Exchange Commission’s (SEC) X account and using it to make a fake post about the approval of spot Bitcoin (BTC) exchange-traded funds (ETFs) in the US in January.

The DPRK's Deep Roots in Crypto

Last week, CoinDesk's Sam Kessler reported that developers and IT workers employed by the Democratic People's Republic of Korea – i.e. North Korea – had managed to get themselves hired by a number of crypto projects, giving them two different ways of raising funds for the national regime.

2021-6-1 07:00

defi attacks → Результатов: 25

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