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DeFi protocol bZx falls victim to phishing attack, around $55 million lost
The decentralized finance sector is growing at a breakneck pace. Total value locked in DeFi, at press time stood at more than $250 billion. However, here's the negative side to this ever-increasing ecThe post DeFi protocol bZx falls victim to phishing attack, around $55 million lost appeared first on AMBCrypto. дальше »
2021-11-6 11:30 | |
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Binance Smart Chain project hack leads to theft of $139 million
Another day, another hack on the Binance Smart Chain. The decentralized transaction protocol BXH was attacked on Binance Smart Chain [BSC]. Although the method of the attack is not known yet, the BThe post Binance Smart Chain project hack leads to theft of $139 million appeared first on AMBCrypto. дальше »
2021-10-30 15:00 | |
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Ethereum DeFi Protocol Cream Finance Succumbs To $130 Million Flash Loan Hack
Cream Finance is the latest Ethereum DeFi protocol to suffer another hack. The attackers had used a flash loan attack and made away with $130 million. Cream Finance confirmed the attack via a Twitter post where the project revealed that they were investigating the cause of the hack. дальше »
2021-10-28 20:00 | |
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Binance Smart Chain DeFi protocol PancakeHunny suffers flash loan attack
As the users argue "what's better," Ethereum or Binance Smart Chain, the latter saw another decentralized protocol being exploited. PancakeHunny on BSC was attacked by a flashloan and no, this wasn't The post Binance Smart Chain DeFi protocol PancakeHunny suffers flash loan attack appeared first on AMBCrypto. дальше »
2021-10-21 21:00 | |
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DeFi Protocol pNetwork Loses $12 Million In Tokenized Bitcoin
One of the threats that the crypto community face is the attack of cybercriminals. Many exchanges, projects, and apps often face one vulnerability exploitation or the other. Recently, BSC-based cross-chain pNetwork lost at least $12. дальше »
2021-9-25 00:00 | |
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Another hit on Avalanche as Vee Finance exploited for $35 million
Another decentralized finance (DeFi) protocol on Avalanche (AVAX) chain, Vee Finance, has fallen victim to an attack, merely a week after Zabu Finance got hit. The lending protocol platform has confirmed the exploit on Twitter, which counts as the second major attack in the Avalanche ecosystem. дальше »
2021-9-22 22:00 | |
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$12 million stolen after Binance Smart Chain DeFi pNetwork gets hacked
pNetwork, a cross-chain DeFi protocol built on the Binance Smart Chain (BSC), suffered an attack that drained over $12 million from the protocol. The post $12 million stolen after Binance Smart Chain DeFi pNetwork gets hacked appeared first on CryptoSlate. дальше »
2021-9-21 22:54 | |
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DeFi Protocol Loses Over $12M In Bitcoin In Recent Hack
DeFi bridging Protocol, pNetwork, is the most recent protocol to be targeted by a cyber attack. An unknown hacker has stolen about $12. 7 million worth of tokenized Bitcoin from the Binance Smart Chain-based cross-chain platform. дальше »
2021-9-20 15:10 | |
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Avalanche (AVAX) chain’s Zabu Finance sees a $3.2 million exploit
Zabu Finance, a decentralized finance (DeFi) protocol on Avalanche (AVAX) has recently been exploited for roughly $3. 2 million worth of crypto tokens. The exploited protocol confirmed the attack on Twitter, clarifying that the funds were stolen from its SPORE pool. дальше »
2021-9-14 01:00 | |
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DeFi tool Cream Finance hit for over $18 million. Suffers second hack in six months
Decentralized finance (DeFi) lending protocol Cream Finance has announced it lost millions worth of Amp token (AMP) and Ethereum (ETH) in a recent flash loan attack. The post DeFi tool Cream Finance hit for over $18 million. дальше »
2021-8-31 19:00 | |
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DeFi Project xToken Suffers Second Attack, Loses $4.5 Million to Hackers
Decentralized finance (DeFi) protocol xToken suffered another exploit following a vulnerability in the xSNX contract, which resulted in the loss of $4. 5 million. Cream Finance protocol also lost over $26 million from a flash loan attack. дальше »
2021-8-30 17:00 | |
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Protect your assets with risk control strategies on Huobi Global
Mainstream interest in DeFi is on the rise, but so is DeFi-related crime—and the latest hack may just be the biggest crypto attack in history. On August 10th, Poly Network, a computer protocol The post Protect your assets with risk control strategies on Huobi Global appeared first on AMBCrypto. дальше »
2021-8-17 07:45 | |
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The biggest DeFi hit ever: Poly Network sees $600 million crypto heist
A decentralized finance (DeFi) cross-chain bridging protocol Poly Network recently announced that it has suffered an attack in which the hacker stole over $600 million across three blockchains. The post The biggest DeFi hit ever: Poly Network sees $600 million crypto heist appeared first on CryptoSlate. дальше »
2021-8-11 08:00 | |
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Cross-chain Poly Network Gets Hacked for Over $600M, Exchanges & Stablecoin Issuers Act to Save the Lost Funds
In what appears to be the largest DeFi attack to date, cross-chain protocol Poly Network has been hacked for more than half a billion dollars. “We are sorry to announce that PolyNetwork was attacked on BinanceChain, Ethereum and Polygon,” tweeted the team on Tuesday while sharing the hacker’s address where the assets have been transferred. дальше »
2021-8-10 18:02 | |
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BSC DeFi app ‘Pancakebunny’ releases post-mortem of $2.4 million exploit
In last week’s attack on the Polygon (MATIC) and QuickSwap (QUICK) version of the Binance Smart Chain (BSC) yield farming protocol PancakeBunny, 2. 1 million PolyBunny (polyBUNNY) tokens were minted, resulting in an 82% price plunge from $10 prior to the exploit, to just over $2 post the initial damage. дальше »
2021-7-22 13:00 | |
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DeFi darling ThorChain (RUNE) suffers multi-million dollar exploit
ThorChain, a decentralized finance (DeFi) token swap protocol based on the Cosmos blockchain, lost roughly $4.8 million worth of Ethereum (ETH) from its liquidity pools to a hacker attack today. The post DeFi darling ThorChain (RUNE) suffers multi-million dollar exploit appeared first on CryptoSlate. дальше »
2021-7-17 13:00 | |
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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. дальше »
2021-6-23 01:00 | |
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DeFi Protocol Impossible Finance Suffers $700k Heist
Decentralized finance (DeFi) protocol Impossible Finance (IF) has suffered a flash loan attack, losing $700k to the hackers. The IF team has made it clear that users’ funds are secure and it would fully compensate all those affected by the attack shortly, according to a blog post on June 22, 2021. Impossible Finance (IF) Attacked Read More дальше »
2021-6-23 18:35 | |
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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. дальше »
2021-6-22 09:43 | |
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Binance Smart Chain Faces yet Another Flash Loan Attack: Belt Finance Loses $6.3 Million
Belt Finance, a Binance Smart Chain-based decentralized lending protocol, lost $6.3 million in a flash loan attack last week. The attackers took advantage of a series of inefficiencies in the smart contract to manipulate the price of the set and obtain profit from a series of transactions. This is just the last of a series […] дальше »
2021-6-1 23:00 | |
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BSC’s “Pancake Bunny” Exploited, Community Claims $1 Billion Loss
Binance Smart Chain DeFi protocol Pancake Bunny has been exploited via a flash-loan attack, in what the community initially believed […] The post BSC’s “Pancake Bunny” Exploited, Community Claims $1 Billion Loss appeared first on DeFi Rate. дальше »
2021-5-20 04:44 | |
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DeFi Protocol bEarn Suffers $11M Flash Loan Attack
It's another day, and another DeFi flash loan exploit has reared its head. The latest victim is bEarn, which lost $11 million in stablecoins on May 16. The post DeFi Protocol bEarn Suffers $11M Flash Loan Attack appeared first on BeInCrypto. дальше »
2021-5-17 08:25 | |
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Security Incident: EasyFi to Compensate 100% of the Depositors Net Balances
A Brief History of the Attack A multichain layer 2 protocol on Polygon, Ethereum, and Binance Smart Chain (BSC) network, EasyFi, reported a hack on April 19, resulting in the loss of millions of dollars worth of funds from the official contracts of EasyFi. дальше »
2021-5-10 12:55 | |
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EasyFi Network Details $6M DeFi Hack in Latest Postmortem
In an April 20 blog post, founder and CEO of the EasyFi DeFi protocol, Ankitt Gaur, detailed an attack that resulted in the loss of as much as $6 million from its liquidity pools. The incursion, which happened on April 19, was a targeted attack compromising the admin and mnemonic keys. дальше »
2021-4-20 10:34 | |
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Force DAO, A DeFi Hedge Fund, Loses Over $375k in xFORCE Token Exploit
The decentralized finance hedge fund, ForceDAO, confirmed the protocol suffered an attack on Sunday at around 7. 06 AM UTC. According to a blog post by the ForceDAO team, the attack was instituted by five black hat attackers, with one of the attackers returning the funds. дальше »
2021-4-6 18:52 | |
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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 | |
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Privacy-Centric Cryptocurrency Firo Suffers 51% Attack on Its Network
The proof-of-work (PoW) cryptocurrency Firo announced that its protocol came under a 51% attack, notifying its holders to stop transactions. Formerly known as Zcoin, the privacy coin was reportedly subject of a blockchain reorganization attack. дальше »
2021-1-23 04:00 | |
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Attackers Drain Millions From Cover Protocol, Token Holders Attack Compensation Plan
Decentralized finance insurance project Cover protocol briefly suffered losses when an unknown attacker minted over 40 quintillion Cover tokens. However, after successfully cashing out tokens worth about $5 million, the attacker unexpectedly returned ether tokens valued at about $3. дальше »
2020-12-31 17:05 | |
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Binance Halts COVER Token Trading Following a Smart Contract Exploit
With Cover Protocol, a peer-to-peer coverage market, being the latest decentralized finance (DeFi) protocol to suffer an attack, major cryptocurrency exchange Binance has moved to halt all trading and deposits of the COVER token. дальше »
2020-12-29 07:30 | |
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Ethereum DeFi Protocol Assures “User Funds Are Safe” After Rumored Attack
One of Ethereum and crypto’s “hottest use cases,” decentralized finance, got a big scare on June 17th as some market participants thought that a key application was being attacked by a bad actor. дальше »
2020-6-18 15:00 | |
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Investor Losses His Entire Bitcoin Savings in a Hardware Phishing Scam
In a tragic event, Eric Savics, the host of the ”Protocol Podcast” lost all his bitcoin savings — 12 BTC worth over $100k — that he accumulated over 7 years in a hardware phishing attack. “I had all of my Bitcoin stolen from me in a hardware wallet phishing scam. дальше »
2020-6-14 19:29 | |
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[Update] Research explores how Zcash and other privacy coins can de-anonymize users, suggests defenses
[Update at 14:50 UTC] Benjamin Winston, Director of Security at ECC, told CryptoSlate via a tweet the paper was simply a “review” of existing material and proposes a new attack that is based on a “faulty understanding” of the Zcash protocol by the Hush team. дальше »
2020-5-13 13:00 | |
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‘Hacker’ Trolls Ethereum DeFi Project, Returns some Funds with a Message
The decentralized finance and lending protocol Lendf. me suffered an attack recently. In an interesting turn of events, some of the funds were actually returned with a message for the project. The DeFi community is scrambling to make sense of yet another theft. дальше »
2020-4-21 06:30 | |
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