White hat hackers have returned $32.6M worth of tokens to Nomad bridge
The cross-chain bridge was drained of its assets in less than three hours. Go to Source Powered by WPeMatico
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Solana’s Investigation Indicates Wallet Exploit Tied to Slope Mobile App
Following the Solana wallet attack, the Solana Status team updated the public and detailed that the wallet addresses affected by the breach were tied to Slope mobile wallet applications. The team further stressed that “there is no evidence the Solana protocol or its cryptography was compromised.” Solana Status Report Says Affected Addresses Were at One … Read more
Cross-Chain Bridge Nomad Loses $190 Million Making It 2022’s Third-Largest Crypto Heist
On Monday, the cross-chain token bridge Nomad was attacked and hackers managed to siphon $190 million from the protocol, draining a great majority of the funds. The Nomad cross-chain bridge attack was the third-biggest crypto heist of 2022, and the ninth largest of all time. Nomad Cross-Chain Bridge Exploited for $190 Million Cross-chain bridges in … Read more
Solana and Ethereum smart contract audits, explained
What are smart contract audits, how do they work, and how do they benefit the crypto projects who get their code scrutinized? Let’s find out. Go to Source Powered by WPeMatico
Crema Finance Hacker Negotiates With Defi Project’s Team, Returns $8 Million in ETH and SOL
Following the hack on July 2, 2022, the team behind the decentralized finance (defi) protocol Crema Finance detailed that after some negotiation, the hacker returned roughly $8 million in crypto assets. According to the team, the hacker agreed to take a white hat bounty worth 45,455 solana. Hacker Returns $8 Million in Crypto to Crema … Read more
Exploit Forces Crema Finance to Temporarily Suspend Services, $8.7 Million Stolen
According to the decentralized finance (defi) protocol Crema Finance, the application was hacked on July 2, 2022. A Twitter account called “Solanafm” says the defi protocol lost around $8.7 million from the attack. Crema Finance Vulnerability Causes Defi App to Lose Millions — 6 Flashloans Executed Another defi protocol has lost funds to a hacker … Read more
Blockchain isn’t as decentralized as you think: Defense agency report
The report published Tuesday highlights several scenarios in which various actors can garner excessive, centralized control of a blockchain system. Go to Source Powered by WPeMatico
IRA Financial Trust to sue Gemini over $36M crypto assets exploit back in February
It’s unclear at the time of publication whether there will be any recourse for investors in recovering the lost funds. Go to Source Powered by WPeMatico
Hacker bungles DeFi exploit: Leaves stolen $1M in contract set to self destruct
A hacker apparently so thrilled by a successful theft left behind over $1 million in a smart contract that was set to destruct, permanently ensuring the crypto could never be moved. Go to Source Powered by WPeMatico
Beanstalk Farms offers plea deal to perpetrators of $76M exploit
Beanstalk Farms offered a whitehat bounty to exploiters and outlined its plans moving forward should it be unsuccessful in its plea. Go to Source Powered by WPeMatico
