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Attackers Drain Millions From Cover Protocol, Token Holders Attack Compensation Plan
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 leaving a message for the Cover team. Exploit No Longer Possible Immediately after the […]
The post Attackers Drain Millions From Cover Protocol, Token Holders Attack Compensation Plan appeared first on Bitcoin News.
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Flash Loan Attack: Origin Protocol Unveils Compensation Plan that Excludes Founders
The Origin Protocol team has unveiled a compensation plan for its depositors who were adversely affected by the flash loan attack in November. According to the team, there is now a plan to provide compensation equal to 100% of the value deposited to OUSD at the time of the exploit. Two Compensation Plans Still, the […]
The post Flash Loan Attack: Origin Protocol Unveils Compensation Plan that Excludes Founders appeared first on Bitcoin News.
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