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Cream Finance Suffers Another Exploit as Attacker Runs Away With USD 100M+
27.10.2021
Ethereum (ETH)-powered decentralized finance (DeFi) project Cream Finance (CREAM) suffered another flash loan attack as the attacker reportedly stole more than USD 100m worth of tokens.
Blockchain analytics and security firm PeckShield flagged the attacker's address, while Cream finance confirmed...
Pnetwork Protocol Gets Hacked, Loses 277 Bitcoin on Binance Smart Chain
21.9.2021
Pnetwork, a multi-chain bridging protocol, announced it was hacked yesterday, losing 277 pbtc (its bridged version of bitcoin) on Binance Smart Chain. The protocol acknowledged that an attacker managed to exploit a bug in its codebase to take control of the stolen bitcoin. The bridging contracts...
Zabu Finance Suffers First Big Exploit in Avalanche Defi, Loses $3.2 Million
15.9.2021
Zabu Finance, a decentralized yield farming protocol on Avalanche, suffered the first big hack related to the chain. The protocol was the victim of an exploit that allowed an attacker to steal $3.2 million in tokens, according to reports. The core of the exploit happened due to a vulnerability...
Defi Platform Cream Finance Hacked, $29 Million Lost
31.8.2021
Cream finance, a defi borrowing and lending protocol, has been the victim of a hack that erased more than $29 million from its vaults. The attacker took advantage of a loophole in the implementation for adding the amp token to the protocol. This is the second time the platform has been involved...
Poly Network Hacker Returns $4.7M in Funds — Attacker Asks Devs to Unlock Frozen Tether Stash
11.8.2021
On Tuesday, the decentralized finance (defi) project Poly Network was hacked for over $600 million in digital assets. The attack was the largest defi hack to date eclipsing all of 2021’s defi hacks combined. The very next day, however, the hacker started to send funds back to the Poly Network...
$85 million ‘Meebits’ NFT project exploited; attacker nabs $700,000 collectible
8.5.2021
The team has paused minting, and will have to use a manual workaround to prevent further exploits
Cryptocurrency Exchange Hotbit Hacked: Systems Paralyzed, 2 Million Users Affected
1.5.2021
A cryptocurrency exchange with about 2 million users worldwide announced that it has “suffered a serious cyber attack.” A number of basic services are paralyzed and the attacker tried to access the exchange’s wallets. Consequently, the platform has shut down, stating that it needs...
After Yearn exploit, attacker funds frozen and reimbursement plans developing
5.2.2021
Seized funds bring the damage down to $9 million as multiple communities ponder the next step in reimbursing user funds
Attackers Drain Millions From Cover Protocol, Token Holders Attack Compensation Plan
30.12.2020
Decentralized finance insurance project Cover protocol briefly suffered losses when an unknown attacker minted over 40 quintillion Cover tokens. However, after successfully cashing out tokens worth about $5 million, the attacker unexpectedly returned ether tokens valued at about $3.2 million before...
Defi Protocol Founder Tricked, Hacked for $8 Million in Personal Funds
16.12.2020
Nexus Mutual founder and chief executive officer Hugh Karp’s personal wallet address has been hacked for more than $8 million. The attacker, a member of the Nexus defi protocol, tricked Karp into signing a transaction that transferred funds to the hacker’s own address. The attacker...
$pickle in a pickle as attacker swipes $20 million in “evil jar” exploit
21.11.2020
The perils of decentralized finance in the spotlight yet again after the latest major DeFi exploit
Hackers Drain $2 Million in DAI From Defi Protocol Akropolis
13.11.2020
Decentralized finance (defi) protocol Akropolis was on Thursday hacked for $2 million in DAI, in the latest flash loan attack to hit the nascent defi industry. The attacker pilfered the platform’s Ycurve pool in batches of $50,000 in the stablecoin DAI. This particular pool allows investors...
Failed Sybil Attack Targeted Monero Users, Privacy Is Safe
11.11.2020
Monero was targeted by an attempted Sybil attack that ultimately failed, according to reports from project developer Riccardo Spagni. AttackerContinue Reading
The post Failed Sybil Attack Targeted Monero Users, Privacy Is Safe appeared first on CoinMarketCap Blog
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...
Defi Platform Bzx Recovers Stolen $8.1 Million From Hacker
17.9.2020
Decentalized finance (defi) protocol Bzx has recovered the $8.1 million it lost to a hacker a few days ago. The company claims it was able to track down the cyber thief, whom it refused to name for legal reasons, through their on-chain activity. Cornered, the attacker returned the loot. “All...
Ethereum Classic 51% Attack: Okex Crypto Exchange Suffers $5.6 Million Loss, Contemplates Delisting ETC
18.8.2020
Cryptocurrency exchange Okex reveals it suffered the $5.6 million loss as a result of the double-spend carried out by the attacker(s) in Ethereum Classic 51% attack. Okex says it fully absorbed the loss as per its user-protection policy while insisting that the attack did not cause any loss to...
Ethereum Classic Attacker Nets USD 1.7m, Bitfinex Loses USD 1m + More News
7.8.2020
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The Ethereum Classic (ETC) attacker made at least USD 1.7m during the second attack on the network yesterday, according to Bitquery...
Ethereum Classic Attacker Successfully Double-Spends $1.68M in Second Attack: Report
7.8.2020
The attacker attempted to double-spend roughly $3.3 million during the second attack
‘Sophisticated’ Hacker Plunders $450,000 From Defi Protocol Balancer
29.6.2020
Decentralized finance (Defi) protocol ​Balancer was on Sunday hacked for more than $450,000 worth of cryptocurrency. In two separate transactions, an attacker targeted two pools containing Ethereum-based tokens with transfer fees – or so-called deflationary tokens. Pools with Sta...
Lendf.Me Attacker Screws Up, Returns All the Stolen Funds
21.4.2020
The person(s) that attacked Lendf.Me, the lending protocol in the "decentralized finance protocol" dForce network - actually returned the money they had stolen, allegedly because they broke the number one rule in hacking: don't reveal your identity.
As reported yesterday, Lendf.Me...