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Lodestar announces the mega launch of v1.4.0
3.2.2023
Lodestar has announced the launch of v1.4.0. The update brings several fixes to ensure that it offers security, stability, and the absence of all the vulnerabilities that were publicly reported between 2020 – 2022. Proposed first in November 2021, the mechanism is now ready to be used...
Relying on Centralized Databases Makes Dapps Vulnerable to Data Tampering Says Nate Holiday
15.12.2022
Decentralized applications (dapps) are prone to data tampering because they “are largely built on top of centralized databases and services,” the CEO of Space and Time Nate Holiday has said. The CEO also shared a list of data tampering risks which he said are specific to data...
Lodestar Finance loses $6.9 million to an attacker’s manipulation on GLPOrcale
13.12.2022
Lodestar Finance, one of the best Money Markets in the industry at the moment, has lost nearly $6.9 million funds to an oracle exploit. The hacker has drained all the deposits, forcing the platform to set its interest rate to zero. Negotiations are underway by the platform. Until then, the zero...
Hackers copied Mango Markets attacker's methods to exploit Lodestar: CertiK
12.12.2022
The attacker made close to $6.9 million in profits and left users with a pile of bad debt
This DeFi Protocol Just Got Hacked for $6.9 Million – Here’s What Happened
12.12.2022
Lodestar Finance, a DeFi protocol built on Ethereum’s Arbitrum network, lost $6.9m in an exploit over the weekend where an attacker was able to manipulate a price oracle.
In a statement published on Sunday, the team behind Lodestar admitted that the hack has created “a bad situation” and that...
Hacker Steals $6.9 Million From Arbitrum-Based Defi Protocol Lodestar Finance
11.12.2022
Arbitrum-based lending platform Lodestar Finance was exploited on Dec. 10, 2022, according to a tweet from the project’s Twitter account on Saturday. Community reports detail that Lodestar lost roughly $6.9 million from the vulnerability. Lodestar Finance Loses $6.9 Million in an Exploit,...
Lodestar Finance exploited in flash loan attack
11.12.2022
The main vulnerability behind the attack was within GLP oracle and how it conducts its price