Arbitrum airdrop hype grips DeFi world: Finance Redefined
The Arbitrum airdrop has created quite a hype in the DeFi industry, with several fake airdrops and exploits leading up to the distribution. Go to Source Powered by WPeMatico
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The Arbitrum airdrop has created quite a hype in the DeFi industry, with several fake airdrops and exploits leading up to the distribution. Go to Source Powered by WPeMatico
Crystal Blockchain, a company that provides blockchain data and analytics, published a study covering security breaches, fraud, and scams related to cryptocurrency and decentralized finance (defi). According to the study, approximately $16.7 billion in crypto assets have been stolen since 2011. Last year, Crystal’s intelligence team documented 199 incidents resulting in the theft of $4.17 … Read more
The downfall of Mt. Gox continues to highlight the importance of greater transparency and accountability within the cryptocurrency industry. Go to Source Powered by WPeMatico
While Chainalysis suspected the involvement of North Korea in the Euler Finance hack, they highlighted the possibility of misdirection by other hackers. Go to Source Powered by WPeMatico
Chances that the hacker will return the entire loot of $197 million remain slim as no more outbound transactions — other than the 3,000 ETH — were recorded at the time of writing. Go to Source Powered by WPeMatico
DeFi suffered its biggest attack this year with a flash loan attack on crypto lending platform Euler Finance and the hackers are belived to be same that exploited a BSC based protocol in February. Go to Source Powered by WPeMatico
Euler is currently working with law enforcement agencies and blockchain security firms, trying to contact the exploiter to recover the funds. Go to Source Powered by WPeMatico
On March 8, Euler had over $311 million in crypto locked inside its smart contracts. Its total value locked has since fallen to $10.37 million. Go to Source Powered by WPeMatico
Cybersecurity firm Imperva found a vulnerability that could be used to leak user information such as email addresses and phone numbers, which has now been patched. Go to Source Powered by WPeMatico
The majority of the DeFi tokens in the top 100 traded in the red on the weekly charts due to a downturn in the broader financial market. Go to Source Powered by WPeMatico