Zabu Finance Exploited on Avalanche For $3.2M

Decentralized finance (DeFi) protocol Zabu has been exploited in what appears to be the first major hack in the Avalanche ecosystem. The post Zabu Finance Exploited on Avalanche For $3.2M appeared first on BeInCrypto.

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Cream Finance Exploited Yet Again, Hacker Stealing $18.8 Million in Ether and AMP

Another day, yet another decentralized finance (DeFi) hack. This time Cream Finance has been exploited for $18. 8 million. Founded by Taiwan Taiwan entertainment star Jeffrey Huang, Cream Finance is a decentralized lending protocol operating on Ethereum, Binance Smart Chain (BSC), and Fantom.

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‘Audited’ DeFi project Popsicle Finance gets exploited for $21 million

Multichain yield platform Popsicle Finance ($ICE) suffered a significant exploit today, resulting in a loss of $21 million. The post ‘Audited’ DeFi project Popsicle Finance gets exploited for $21 million appeared first on CryptoSlate.

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Хакеры украли у DeFi-проекта Popsicle Finance $25 млн

Сервис для доходного фермерства на нескольких блокчейнах Popsicle Finance потерял $25 млн в результате хакерской атаки. Внимание на это обратил исследователь проблем безопасности Мудит Гупта. Popsicle Finance exploited, hacker drained ~$25m.

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DeFi Exploit Streak Hits Polygon, SafeDollar Crashes to Zero

Another decentralized finance protocol (DeFi) appears to have been exploited on Polygon, expanding the list of platforms losing funds. The post DeFi Exploit Streak Hits Polygon, SafeDollar Crashes to Zero appeared first on BeInCrypto.

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DeFi hacks on Binance Smart Chain continue as ‘Impossible Finance’ drained for $500k

Impossible Finance, a decentralized finance (DeFi) protocol on the Binance Smart Chain has been exploited for $500,000 in a flash loan attack.  A flash loan attack is a common type of DeFi exploits in which hackers take an uncollateralized loan from a lending protocol and through a series of technical maneuvers manipulate the market in […] The post DeFi hacks on Binance Smart Chain continue as ‘Impossible Finance’ drained for $500k appeared first on CryptoSlate.

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Impossible Finance Loses $500,000 in Latest DeFi Flash Loan Attack

The latest decentralized finance (DeFi) protocol to join the long list of exploited Binance Smart Chain projects is Impossible Finance. The post Impossible Finance Loses $500,000 in Latest DeFi Flash Loan Attack appeared first on BeInCrypto.

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DeFi Protocol Visor Finance Restores Full User Position Value After $500k Exploit

Decentralized finance (DeFi) protocol for liquidity management that is building on popular DEX Uniswap V3, Visor Finance was exploited over the weekend for $500,000. Last month, Visor began active liquidity management on Uniswap v3 after releasing its NFT Smart Vault that allows DeFi participants to deposit assets and permission them for use on various protocols.

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BurgerSwap on Binance Smart Chain drained of $7.2M after flash loan attack

Binance Smart Chain is under attack, again, after yet another decentralized finance [DeFi] project got exploited in the last 24 hours. On 28 May, BurgerSwap [BURGER] on the BSC was the target of a flaThe post BurgerSwap on Binance Smart Chain drained of $7.

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Another Binance Smart Chain (BSC)-based DeFi Protocol Gets Exploited for Over $30 Million

Spartan protocol team ensures that they will rebuild with a focus on review, unlike Uranium Finance which, after the $50 million exploit, said the project won’t be reborn and is currently activating the distribution of 300k.

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Binance Smart Chain (BSC) Project Uranium Finance Exploited for $50 Million

BSC-based automated market maker Uranium Finance has been exploited for $50 million, reported the project Wednesday morning. The tweet reads, “The only thing that matters is keeping the funds on BSC, everyone please start tweeting this address to Binance immediately, asking them to stop transfers.

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Проект Uranium Finance потерял $50 млн в Ethereum из-за уязвимости

В ночь на 28 апреля криптовалютный проект Uranium Finance подвергся атаке. Предварительный ущерб оценивают в $50 млн. (1/2)‼️ Uranium migration has been exploited, the following address has 50m in it The only thing that matters is keeping the funds on BSC, everyone please start tweeting this address to Binance immediately asking them to stop transfers.

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Dev says $31 million Meerkat Finance exploit was a ‘test’; will return funds

DeFi is “flourished by human greed,” according to a developer for the exploited project.

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DeFi Protocols Cream Finance, Alpha Exploited in Flash Loan Attack; $37.5M Lost

Alpha Finance says the "loophole" has been patched.

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Alpha Finance Exploited in $37.5 Million Attack

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Cream Finance investigating 'potential exploit' involving 13K ETH

According to reports, Cream Finance has likely been exploited, with withdrawals from the Iron Bank temporarily being suspended as well. While details were sparse at press time, the protocol refused toThe post Cream Finance investigating 'potential exploit' involving 13K ETH appeared first on AMBCrypto.

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Yearn Finance Pushes DeFi Insurance Following Flash Loan Attack

Yearn Finance was the latest to be exploited by a flash loan arbitrage attack which effectively gamed the system as no code was hacked. The incident was the latest in a long line of similar exploits that plagued the DeFi sector in 2020.

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Yearn Finance DAI Vault Exploited, Attacker Pockets $2.8M after Draining $11M

Continue reading at Coinspeaker

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Yearn Finance Dai Vault Exploited For $11 Million, YFI Dumps

A developer from Yearn Finance has reported that its v1 yDAI vault was exploited by a malicious actor in the early hours of Feb. 5. He added that the attacker got away with $2. 8 million, and the vault lost $11 million.

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Warp Finance Relaunches With ‘Additional Security’ from Chainlink

Warp Finance suffered an almost $8 million flash loan attack on Dec. 17 as it became the latest in a long list of DeFi protocols to get exploited in 2020. It has now announced that it is back online and ready for business once again.

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Hackers Paradise: Yet Another Defi Protocol Exploited for Nearly $20 Million in DAI

Decentralized finance (defi) protocol Pickle Finance was hacked for $19. 7 million of the stablecoin DAI over the weekend, as the defi industry appears to be turning into a hackers paradise. Pickle’s native token (PICKLE) plunged 62% on the news, falling from $23.

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How YFI competitor Pickle Finance was exploited for $20m in Ethereum stablecoins

Call it a hack or call it an exploit, yesterday an unknown attacker managed to drain $20 million from an Ethereum-based yield aggregator called Pickle Finance into their own address. The post How YFI competitor Pickle Finance was exploited for $20m in Ethereum stablecoins appeared first on CryptoSlate.

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Pickle Finance Loses $20 Million in Latest DeFi Exploit

In the latest of a long string of decentralized finance protocol exploits, Pickle Finance lost as much as $20 million in an attack on its DAI farms this weekend. The DeFi protocol posted that hackers exploited its DAI ‘pickejar’ strategy and that it was looking into the incursion.

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No one is safe: Ethereum DeFi protocol by PayPal co-founder exploited for $7.5m

No one is safe from the ever-growing wave of decentralized finance (DeFi) exploits, not even prominent technologists and investors. The post No one is safe: Ethereum DeFi protocol by PayPal co-founder exploited for $7.5m appeared first on CryptoSlate.

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Defi Protocol That Bragged About Having Flash Loan Attack Prevention Hacked for $6 Million

A decentralized finance (defi) protocol that bragged about having flash loan attack prevention has been exploited for $6 million in DAI, in a flash loan attack. Value Defi, a yield aggregating protocol, boasted of having the “highest security” in a Nov.

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How $150m in Ethereum & DAI was used to steal $7m from a Yearn.finance competitor

It may seem like a broken record at this point but yet another decentralized finance (DeFi) protocol was recently exploited. The post How $150m in Ethereum & DAI was used to steal $7m from a Yearn.

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DeFi platform Akropolis admits being exploited for $2M

Decentralised Finance project Akropolis is the latest victim of a flash loan attack The… The post DeFi platform Akropolis admits being exploited for $2M appeared first on Coin Journal.

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Harvest Finance Increases Bounty to $1 Million to Track the Attacker Who Stole $33.8M

Early Monday, the latest decentralized finance (DeFi) project Harvest Finance, was exploited. It was estimated that $33. 8 million of the funds, about 3. 2% of the total value locked in the protocol before the attack, was lost.

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Harvest Finance Boosts Bounty to $1M for Information Leading to Return of Exploited Funds

Harvest Finance is offering $1 million for information leading to the return of funds from Monday's $24 million exploit.

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Harvest Finance Exploited for $25M

Harvest Finance – a yield farming protocol developed by anonymous developers – was hacked for at least $25M over the […] The post Harvest Finance Exploited for $25M appeared first on DeFi Rate.

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Rug-Pulled on the Latest YFI Clone, Soft Yearn (SFYI), After Rebase Gets Exploited

YFI, the governance token of Yearn Finance, is the most popular DeFi token, which currently has the highest value of $21,465 and is dubbed a “cash generation machine. ” Since its launch in mid-July, many copycats of this popular DeFi token have emerged, such as CREAM, Wifey, YFII, YFL, and others.

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Trader Exploits Opyn ETH Put Options, Runs Off With $370k Collateral; Team Recovers Over $500k

Opyn, a decentralized finance platform, faced a hack in the early morning hours on Wednesday, 5 August 2020 PT, as hackers made away with about $370,000. The hackers exploited a bug in the code to double exercise the oETH (put options) and make away with part of the collateral on the platform. Opyn’s security and […]

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Opyn DeFi Platform Discovers Exploit, Over 370k in USDC Stolen

Opyn decentralized finance (DeFi) platform said that an exploit has affected ETH put contracts, leading to over $371,200 being stolen. Revealed today in a blog post, a user report had alerted the company to hackers who exploited Opyn ETH Put contracts.

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DeFi Protocol Balancer Exploited, Loses Over $500k to Hackers

Balancer Labs, a decentralized finance (DeFi) protocol for programmable liquidity and more, has been exploited by a bad actor who succeeded in stealing over $500k worth of altcoins from its Statera (STA) and STONK (STONK) lending pools, according to reports on June 29, 2020.

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DeFi's Flash Loans: From overtaking Wall St. to assassination markets?

DeFi, a moniker for Decentralized Finance has gained traction over the years, mainly due to its ethos. However, the projects built are still budding and hence products are often exploited. bZx is a prThe post DeFi's Flash Loans: From overtaking Wall St.

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Japan Leads G20 Nations’ Plot of a Global Cryptocurrency Exchange Register

By CCN: The hurdles of using crypto in money laundering are set to increase if plans by G20 countries materialize. Per Nikkei Asian Review, G20 countries are working on a deal aimed at creating a cryptocurrency exchange registry.

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Flash Exploited by Cryptojackers to Mine Monero, Over 100 Instances Flagged by Adobe

Adobe’s Flash Player, once a prominent feature of the last decade to enable millions around the world to play internet games, has made its way to the hackers’ arsenal as they look to leverage all forms of customer-facing software to illegally mine cryptocurrencies, reported Finance Magnates on October 12, 2018.

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