Beanstalk Farms loses $182M in DeFi governance exploit
The stablecoin protocol saw its own governance proposal system exploited enabling the malicious actors to extract all of its $182 million in collateral. Go to Source Powered by WPeMatico
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The stablecoin protocol saw its own governance proposal system exploited enabling the malicious actors to extract all of its $182 million in collateral. Go to Source Powered by WPeMatico
According to Sky Mavis, the creators of the blockchain NFT game Axie Infinity, the Ronin network has been attacked, and a hacker has managed to siphon 173,600 in ethereum and 25.5 million usd coin (USDC). The attacker has obtained roughly $620 million worth of crypto assets, and the Ronin bridge and Katana Dex have been … Read more
Early information suggested that the stolen funds belonged to some of the early backers of the project and included team vested tokens. Go to Source Powered by WPeMatico
The addresses linked to the hack attack have managed to steal 206,809 Binance Coin from Qubit’s QBridge protocol. Go to Source Powered by WPeMatico
Multichain is asking users to revoke approvals to protect their assets amid a vulnerability that is currently being exploited. Go to Source Powered by WPeMatico
A bug in the token lending contract of the Solana Program Library (SPL) was recently found and fixed by Neodyme, a security auditing firm. The bug, that was discovered a couple of months back, could have affected several decentralized finance protocols holding more than $2 billion in total value locked (TVL). Their team identified the … Read more
The decentralized autonomous organization (DAO) called Badgerdao has disclosed that it has “received reports of unauthorized withdrawals of user funds.” The analytics team Peckshield estimates that over $120 million was siphoned in the Badgerdao breach. Badgerdao Suffers $120 Million Exploit — Engineers Pause Smart Contracts According to the official Badgerdao Twitter account, the team has … Read more
Ethereum defi protocol Cream Finance suffered an exploit yesterday that allowed attackers to steal $130 million from its holdings. The news was first revealed by Peckshield, a blockchain analytics company that discovered a flash loan had exploited the platform. This is the third hack the protocol has suffered in its history, being exploited for $36 … Read more
On Thursday, the pseudonymous operator of Bitcoin.org told the public on Twitter that the web portal has been “compromised.” The operator, Cobra, explained that the hackers were able to implement a bitcoin doubler scam model and stressed that the site would be down for a “few days.” Website Operator Cobra Warns Bitcoin.org Has Been Compromised … Read more
Vee Finance says it suffered a $35 million attack just a few days after launching the mainnet on Avalanche last week. Go to Source Powered by WPeMatico