2019-7-6 00:37 |
How $1 billion worth of synthetic KRW-backed Ether was compromised by a trading bot
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Hacked cryptocurrency exchange Poloniex said it has mostly completed restoration efforts and is preparing to resume operations after suffering the major hack on Nov. 10.
A security breach has resulted in the loss of 2,675.73 XMR from Monero’s community crowdfunding wallet. The cause and source of the breach remain unidentified.
Decentralized finance (DeFi) is a rapidly growing sector that offers users unprecedented access to financial services without the need for intermediaries. However, this newfound freedom comes with a cost: DeFi protocols are increasingly being targeted by hackers.
FTX took the decision as a proactive measure to prevent any potential future incidents or additional harm following the recent hack.
Top-100 DeFi tokens had another mixed week, with most of the tokens trading in a similar range as last week with minor price fluctuation.
According to initial analysis by Peckshield, the root cause for the hack was the new CurveLPOracleV2 contract.
Trezor doesn’t plan to introduce any private key recovery tools, as it has provided all possible means to help users secure the seed phrase, CEO Matej Zak said.