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. origin »

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defi attacks chain smart binance issued network

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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
flash pancakebunny loan exploit 200m massive attacked

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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	Rug Pull
ciphertrace defi crime crypto attacks increase targeting

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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
defi option even security woes centralization issues

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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
defi power centralization may attacks fundamentally caused

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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	wrapped bitcoin
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
following bzx defi attacks insurance mutual nexus

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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
defi bzx attacks budding markets implications broader

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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
defi early hacks learn exchange oracles attacks

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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
attacks loan flash grandpa your understand even

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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	WBTC
price oracle liquidity low issues come loans

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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
bzx defi loss series million lending protocol

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Explosive truth behind crypto bots that front-run thieves to “save” funds — but they decide who gets paid back

Makina Finance lost 1,299 ETH, roughly $4. 13 million, in a flash-loan and oracle manipulation exploit. The attacker drained the protocol's funds and broadcast the transaction to Ethereum's public mempool, where it should have been picked up by validators and included in the next block.

Crypto bots front-running thieves to “save” funds, but also decide who gets paid back

Coinbase Discloses Arrest Of Former Customer Agent Over Data Breach — Report

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.

What’s happening to DeFi? $231M was just drained but $19M clawed back

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.

Ripple co-founder’s $150M hack tied to LastPass password vault breach

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’s internal investigation reveals developer’s laptop breach led to Bybit hack

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 faces developer exodus amid North Korean money laundering scandal

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.

2021-6-1 07:00

defi attacks → Результатов: 25

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