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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


Hackers Double Down On Bitcoin Demanding $11m In Latest Ransomware Attack

Reports have emerged that hackers were paid $11 million in Bitcoin following an attack on JBS USA Holdings, a meatpacking firm that supplies 1/5 of the country’s meat. Following the recent Colonial Pipeline hack debacle, which raised doubts on the story’s legitimacy, observers are watching this latest cyberattack with wariness. Hacker Group REvil Demanded Bitcoin […] дальше »

2021-6-11 03:00


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US officials seized $2.3m in crypto collected in a recent ransomware attack

The crypto industry has always had unfortunate ties to online criminals. In the early days of the crypto industry, criminals made up a large part of crypto users. However, the benefits of cryptocurrencies continue to inspire hackers to demand crypto payments to this day, particularly in ransomware attacks, such as the Colonial Pipeline ransomware attack. дальше »

2021-6-9 14:56


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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