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This DeFi Protocol Just Got Hacked for $6.9 Million – Here’s What Happened


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


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,...

Sam Bankman-Fried Posts Cryptic Tweet Thread – Has He Been Hacked?


A strange Twitter thread from FTX co-founder Sam Bankman-Fried is raising eyebrows in the community, with some now wondering if his Twitter account has been hacked. But according to Bankman-Fried himself, he’s just “improvising.” The thread from the former FTX boss, known in crypto circles simply...

Deribit hacked for $28m; Company reserve covers loss


Deribit recently became a victim of the hacking attack as its hot wallet was compromised for funds worth $28 million in value. The Incident reportedly happened in the late evening of November 01, 2022. Deposits have been halted and are estimated to reopen soon after the platform is confident of...

Bitcoin Options Giant Deribit Loses $28 Million in Hot Wallet Hack


The world’s largest bitcoin options exchange, Deribit, was hacked for close to $28 million, according to an update from the company’s official Twitter account on Nov. 2. Deribit says that the firm’s hot wallet was drained just before midnight the day prior. Crypto Derivatives...

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