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DeFi sees its biggest hack in 2023 as Euler loses $197M: Finance Redefined
17.3.2023
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
Web3 Security Company Ironblocks Takes Aim at Spate of DeFi Hacks
15.3.2023
Ironblocks is the latest Israeli startup to build a protocol monitoring solution for crypto
Seoul: Sanctions May Be Ineffective Against North Korea’s Crypto Hacks
14.3.2023
North Korea’s crypto hacking campaign may be impervious to international sanctions, a South Korean government official has claimed.
According to the media outlet Yonhap TV News, an unnamed Seoul-based government official stated:
“The scale of North Korea’s cybercrime-related activities suggests...
Euler Finance blocks vulnerable module, working on recovering funds
14.3.2023
Euler is currently working with law enforcement agencies and blockchain security firms, trying to contact the exploiter to recover the funds
Euler attack causes locked tokens, losses in 11 DeFi protocols, including Balancer
13.3.2023
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
Today in Crypto: Cryptocurrency is 'Inevitable', Two Hacks, OKCoin Pauses USD Deposits, Beatport & Polkadot's Music Platform, Alchemy Notify's Custom Webhooks
13.3.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Cryptocurrency is 'Inevitable', Two Hacks, OKCoin Pauses USD Deposits, Beatport & Polkadot's Music...
Euler DeFi Protocol Exploited for Nearly $185M
13.3.2023
The losses occurred over four transactions in dai (DAI), wrapped bitcoin (WBTC), staked ether (sETH) and USDC
Crypto funding shifts from CeFi to DeFi after major collapses: Finance Redefined
10.3.2023
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
7 DeFi protocol hacks in Feb sees $21 million in funds pilfered: DefiLlama
6.3.2023
DeFi platforms lost over $21 million to hackers throughout February, according to data released by DeFi project aggregator DefiLlama
DeFi to be examined at inaugural CFTC tech advisory meeting: Finance Redefined
3.3.2023
French police arrested two individuals in connection with the Platypus exploit in the month of February
Notorious Monkey Drainer crypto scammer says they’re ‘shutting down’
2.3.2023
The scammer behind the crypto wallet draining kit even recommended an alternative and gave advice to budding cybercriminals
Crypto Crime Hit All-Time High of $20.6B in 2022: Chainalysis
27.2.2023
Kim Grauer, the blockchain sleuthing firm's head of research, told CoinDesk TV sanctioned activity and hacking were the driving forces behind the rise in illicit transaction volumes last year
Uniswap DAO debate shows devs still struggle to secure cross-chain bridges
26.2.2023
Developers face tradeoffs between making bridges upgradeable to fix bugs versus making them decentralized
French police arrest 2 people in connection to Platypus attack
25.2.2023
The French police have arrested two suspects and seized 210,000 euros worth of crypto in connection with the Platypus exploit
Yield platform Stablegains sued for promoting UST: Finance Redefined
24.2.2023
DeFi market saw another exploit this past week on the Platypus protocol, resulting in a loss of over $8 million
Platypus reveals compensation plan for users' funds after attack
23.2.2023
DeFi protocol Platypus seeks to return nearly 78% of the main pool funds by reminting frozen stablecoins
Coinbase discloses recent cyberattack targeting employees
22.2.2023
No customers' funds or information were impacted, according to the company. Coinbase's engineering team believes the attack is associated with a sophisticated phishing campaign
Security team creates dashboard to detect potential NFT hacks in OpenSea
22.2.2023
The team flagged almost $25 million worth of NFTs hacked through offline signatures at the time of writing
Modular blockchains could be the next hot crypto market trend in 2023
20.2.2023
As the crypto industry recovers, a new generation of modular blockchains could replace centralized bridges and exchanges
Platypus to work on compensation plan after $8.5M attack
18.2.2023
According to the DeFi protocol, different parties are currently involved in the funds' recovery process, including legal enforcement officials