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Nalezeno "DeFi hacks": 34

DeFi’s ‘unknown and unpredictable’ risks curb institutional use — Fireblocks VP

24.4.2024
Institutions are keen on DeFi, and its use among them is growing, but on-chain risks are hamstringing further adoption, says Fireblocks’ Shahar Madar

Study: Criminals Target Defi Platforms, Steal More Than $67 Million in February Alone

9.3.2024
In February alone, criminals stole digital funds worth over $67 million from decentralized finance (defi) platforms. The latest Immunefi data shows that hacking attacks accounted for more than $65 million, or 97% of the month’s losses. The Ethereum blockchain suffered the most individual...

DeFi Has a Risk Problem and It’s Time to Solve It

20.12.2023

Code Is Not (Always) Law

7.12.2023
Sometimes, the law is the law, industry experts say

North Korean Attackers Linked to $54M CoinEx Hack, Blockchain Data Suggests

13.9.2023
A hot wallet of the crypto exchange used to hold users’ tokens was exploited by attackers on Tuesday

Blockchain Security Firm Quantstamp Hopes to Battle Flash Loan Attacks With New Service

23.8.2023
The service has been released in collaboration with researchers from the University of Toronto

DeFi Definitely Isn't Dead

5.8.2023

Tornado Cash DAO Attacker Starts to Move Ether, TORN Tokens

25.5.2023
The attacker holds over 20 ether in their wallet, and continues to have access to potentially all of Tornado Cash’s treasury funds as of Thursday

DEX Merlin and CertiK Plan to Compensate $2M to Users Impacted in Rugpull

27.4.2023
A rogue developer behind the hyped launch allegedly conducted the rugpull on Wednesday

Crypto exploit losses in January see nearly 93% year-on-year decline

1.2.2023
Around $8.8 million was lost to crypto exploits in January, a massive decline from the figures this time last year

Hacker Siphons Close to $300K in OHM Tokens From the Olympus DAO

21.10.2022
On Friday, October 21, a malicious entity siphoned 30,437 OHM tokens from the Olympus DAO after finding a loophole in the rebase project’s smart contract. Following the exploit, the blockchain security and data analytics company, Peckshield, detailed the hackers stole close to $300K in OHM tokens....

Crypto Hackers Gross Over $3 Billion From 125 Hacks so Far This Year

15.10.2022
Data from blockchain analytics firm Chainalysis shows that October is “the biggest month in the biggest year ever for hacking activity.” The firm added that crypto hackers have grossed over $3 billion across 125 hacks so far this year. Crypto-Hacking Activity Soars in October...

Barely halfway and October’s the ‘biggest month’ in crypto hacks: Chainalysis

13.10.2022
While 2021 was the biggest year on record for crypto hacks, 2022 could “likely” beat the record “at this rate” according to Chainalysis

Defi Attacker Siphons $570,000 From Curve Finance, Crypto Exchange Fixedfloat Freezes 112 Ethereum

10.8.2022
Reports indicate that the decentralized finance (defi) protocol Curve was hacked for $570,000 in ethereum after people noticed that Curve’s front end was exploited. The attackers then tried to launder the funds via the crypto exchange Fixedfloat, and the trading platform’s team...

Harmony’s $100M Hack Was Due to a Compromised Multi-Sig Scheme, Says Analyst

26.6.2022
On June 23, 2022, the Harmony development team announced that $100 million was siphoned from the Horizon bridge, and the organization explained it was working with national authorities and forensic specialists. According to an account published Polygon’s chief information security officer...

Illicit crypto usage as a percent of total usage has fallen: Report

14.6.2022
A rapidly growing crypto market means that hacks and scams are accounting for less overall activity, and their percentage of total usage continues to decline

Report: $1.3 Billion in Crypto Stolen in Q1 2022, 97% Stemmed From Defi Exploits

28.4.2022
According to a research report, $1.3 billion in digital currencies have been stolen during the first quarter of 2022. The study, published by cryptomonday.de researchers, further highlights that 97% of the stolen funds derived from decentralized finance (defi) protocol exploits. Defi Exploits...