2021-7-30 11:00 |
DeFi brings an opportunity to access the yields unseen in traditional finance, now with the competitive risk levels.
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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.
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.
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.
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.
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 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 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.