Search
US Justice Department on the hunt for DeFi hackers and thieves: Finance Redefined
19.5.2023
The total value locked in DeFi protocols fell below $50 billion after nearly a month of bullish price action
US Justice Department on the hunt for DeFi hackers and thieves: Report
15.5.2023
The US Justice Department’s top crypto cop said that it was a “pretty significant issue” given the rise of North Korean “state-sponsored hackers.”
Hackers Stole $3.8 Billion From Crypto Firms in 2022, Says Chainalysis
4.2.2023
Blockchain analytics firm Chainalysis says 2022 was “the biggest year ever for crypto hacking,” with $3.8 billion stolen from cryptocurrency businesses. The firm added that decentralized finance (defi) protocol hacks accounted for 82.1% of all cryptocurrency stolen by hackers during...
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...
The 2 Most Common Airdrop Phishing Attacks and How Web3 Wallet Owners Can Stay Protected
18.6.2022
In the world of cryptocurrencies, decentralized finance (defi), and Web3, airdrops have become commonplace in the industry. However, while airdrops sound like free money, there’s been a growing trend of airdrop phishing scams that steal people’s money when they attempt to get...
Polygon pays $2M bounty on bug which could have compromised $850M in user funds
22.10.2021
The white hat hacker speculated that the bug might have been created from "using someone else’s code and not having a 100% understanding of what it does."
Bison Trails launches Binance Smart Chain support
19.8.2021
“Binance Smart Chain is becoming an important hub for developers looking to build applications, as demonstrated by the number of DeFi and NFT projects launched on the platform,” said Aaron Henshaw, CTO of Bison Trails
The perfect storm: DeFi hacks will advance the crypto sector moving forward
17.8.2021
There is a silver lining from the DeFi hacks as new tech develops to protect the sector: "DeFi will be much safer in 12 months from now.”
Poly Network hacker returns nearly all funds, refuses $500K white hat bounty
12.8.2021
"The poly did offered a bounty, but I have never responded to them. Instead, I will send all of their money back," said the hacker
DAO Maker crowdfunding platform loses $7M in latest DeFi exploit
12.8.2021
CipherBlade is conducting an investigation into the hack, and has identified a Binance account associated with the attacker
Hackers stole at least $600M in Poly exploit across three chains
10.8.2021
Paolo Ardoino reported Tether had frozen roughly $33 million in USDT from one of the affected addresses
FORCE token sees volatile 24 hours following coordinated attack on ForceDAO
5.4.2021
The DeFi platform was the victim of an attack shortly after launch, with 183 ETH compromised. After an initial selloff, FORCE tokens are in recovery mode Monday
Smart contract standards: Making DeFi transactions on Ethereum more secure
21.11.2020
A new working group aims to create standards that will ensure secure Ethereum smart contracts are used by businesses and DeFi projects
Report: Crypto crimes declined in 2020, but DeFi hacks are on the rise
10.11.2020
The recent surge in DeFi makes the industry is an attractive target for hackers