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Warp Finance Re-Launches After Successful Reimbursement of Hacked Funds

Warp Finance, a protocol enabling liquidity provisioning (LP) tokens to be used as collateral for stablecoin loans, is re-launching after a successful recovery and reimbursement of hacked funds. This novel platform was the unfortunate victim of a flash loan attack, an increasingly prevalent problem in the decentralized finance (DeFi) space whereby hackers are able to essentially cheat the protocol and pull large amounts of money out of it. Warp carried out a quick and sweeping […] дальше »

2021-2-10 19:46


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Warp Finance Comes Back with a Vengeance Following Hack

While hacks and other cyberattacks can often be devastating in today’s digital era, decentralized finance (DeFi) startup Warp Finance bounced back from a recent flash loan attack in record time.  Warp Finance’s Warp Protocol allows liquidity provisioning (LP) tokens to collateralize stablecoin loans, a totally novel function that provides its users with significant value. However,Read More дальше »

2021-2-8 21:14


Yearn Finance Consumes Pickle Without Governance Vote

The move follows a hack over the weekend that resulted in the loss of $20 million in stablecoins, however, the community had no say in the decision. Yearn Finance has partnered, or rather absorbed, Pickle Finance in an effort to increase rewards for stakers and reimburse some of the victims of the flash loan attack … Continued The post Yearn Finance Consumes Pickle Without Governance Vote appeared first on BeInCrypto. дальше »

2020-11-26 17:13


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Flash Loan Attack Dupes Origin Protocol of $7 Million Funds, Investigation Underway

Another week, another flash loan attack on a yield-generating blockchain protocol. Origin Protocol Compromised In an announcement made earlier today, the Co-Founder of Origin Protocol, Matthew Liu told the Origin community that Origin Dollar (OUSD) – the yield-generating stablecoin on the protocol – had been hacked. дальше »

2020-11-18 16:00


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Value DeFi Hacker Returns $2 Million Out of Goodwill, New Vaults Coming with “Maximum Security & Audit”

“Do you really know flash loans,” is what the hacker of yet another decentralized finance (DeFi) protocol has to say to the yield aggregating pool, Value DeFi. This cheeky message has been in response to Value DeFi’s tweet just a day before the hack claiming it has flash loan attack prevention. дальше »

2020-11-16 16:46


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