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Lightning Network Exploits Continue to Hinder the Bitcoin Scaling Solution
1.11.2020
While bitcoin has run-up to all new price highs in 2020, a great number of crypto supporters have been complaining about the mempool backlog and the high fees needed to send a transaction. Meanwhile, the Lightning Network is far from seeing widespread adoption, and a number of attack vectors have...
Maker DAO Members Voting on a Safeguard Against BProtocol Flash Loan-Type Attack
30.10.2020
The Maker DAO community is voting on a proposal to harden the protocol's governance structure against flash loan voting
‘Convincing’ Phishing Attack Targets Ledger Hardware Wallet Users
27.10.2020
Ledger confirmed that for the last week some customers have been the target of a phishing attack
Harvest Finance: $24M Attack Triggers $570M ‘Bank Run’ in Latest DeFi Exploit
26.10.2020
Harvest Finance has seen its total value locked drop by more than $500 million in the 12 hours since being hit by a flash loan attack
Defi Protocol Harvest Finance Hacked for $24 Million, Attacker Returns $2.5 Million
26.10.2020
Decentralized finance (defi protocol) Harvest Finance was hacked on Monday for $24 million. The attacker targeted the protocol’s liquidity pools, performing an arbitrage attack using a large flash loan – a type of uncollatarized loan – but later returned $2.5 million. In seven...
Uniswap, Curve Daily Trading Volumes Surges Past $2B, Likely Driven by Harvest Attack
26.10.2020
Daily trading volume on Uniswap surged by over 1,200% to a record $2.04 billi on, surpassing the previous record high of $953.59 million registered on Sept. 1 by a big margin
Harvest Finance Token Plummets 65% After Attack Saps DeFi Site of TVL
26.10.2020
A possible exploit in DeFi protocol Harvest Finance has caused the site's TVL to drop sharply, along with the price of its FARM token
Attack of the bots! Paxful fights off thousands of automated threats
24.10.2020
Bad actors allegedly tried to brute force their way into accounts belonging to Paxful's users in an ongoing series of attacks
First ransomware attack in 2020 election hits voting infrastructure in Georgia
23.10.2020
Key voting infrastructure of a county in Georgia has been impacted by a ransomware attack targeting local government networks
Telecoms protocol from 1975 exploited to target 20 crypto executives
20.10.2020
At least 20 crypto executives and customers of an Israeli telecommunications company were targeted in a sophisticated SS7 attack last month
US Government Moves to Regulate Cryptocurrencies After Attorney General Publishes Enforcement Framework
10.10.2020
United States Attorney General (AG) William Barr says the recent publishing of the Cryptocurrency Enforcement Framework will help law enforcement to fight elements using digital currencies for illicit ends. Produced by the AG’s Cyber-Digital Task Force, the framework provides law enforcement...
Congress’ renewed attack on Big Tech may clear the field for decentralization
7.10.2020
The Antitrust Subcommittee looks for new legal tools to rein in Apple, Amazon, Facebook and Google — a clear opening for tech tools built to decentralize
The 51% Attack Nightmare Scenario (Isn’t That Bad)
27.9.2020
An accessible, in-depth look at what's really at risk when Proof-of-Work or Proof-of-Stake blockchains suffer the dreaded 51% attack
Developer reveals 'biggest unsolvable Lightning attack vector'
23.9.2020
Larger payment channels on Bitcoin’s Lightning network could be exploited according to an independent developer
Did Ethereum Learn Anything From the $55M DAO Attack?
20.9.2020
Matthew Leising's new book, "Out of the Ether," tells the story of the attack that almost brought down Ethereum. Here he talks with Dan Kuhn
Uniswap’s Sudden $5B Token Valuation Cements Comeback from `Vampire Mining’ Attack
18.9.2020
Uniswap's surprise token delivery has given the decentralized exchange a market value of more than $5 billion, instantly making it No. 1 in DeFi
Ledger wallet upgrade can prevent ‘dusting attacks’
18.9.2020
Cold wallet maker Ledger adds more privacy protection to its software suite
Defi Boom: Bubble Fears Grow as ‘Toxic’ Community Disagrees on Way Forward
15.9.2020
The decentralized finance (defi) space is headed for an implosion unless the divided community leaders step forward with solutions. This is discernible from September 13 Sunday morning tweets by some influential players in the defi space wherein they attack each other. Waves blockchain creator...
DeFi Lender bZx Reclaims $8M Stolen in Sunday’s Attack
14.9.2020
Decentralized finance (DeFi) lending project bZx has been able to recover about $8 million in cryptocurrency from an attacker who stole the funds after exploiting a code bug over the weekend. See also: Hacker Drains $500K From DeFi Liquidity Provider Balancer
Defi Protocol Bzx Loses $8.1 Million in Third Hack This Year
14.9.2020
So called decentralized finance (defi) lending platform Bzx on Sunday lost $8.1 million in a new hacking attack, the third this year, caused by a flawed code in its smart contracts. The bug allowed the hacker to mint 219,200 LINK tokens (valued at $2.6 million); 4,503 ETH ($1.65 million); 1,756,351...