DeFi Protocol – DIGIT INFO

Rho Markets returns online with no funds lost after $8M Oracle issue

DIGIT — Mon, 22 Jul 2024 05:35:43 +0000

The MEV bot responsible for profiting nearly $8 million in stablecoins returned the funds but wanted the Rho Markets team to admit it was not a hack or exploit.

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PancakeBunny hacker siphons $2.9M Ether in Tornado Cash

DIGIT — Mon, 08 Jul 2024 10:03:41 +0000

Three years after the PancakeBunny flash loan attack, the hacker moved $3 million in ETH through Tornado Cash.

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Balancer blames ‘social engineering attack’ on DNS provider for website hijack

DIGIT — Thu, 21 Sep 2023 01:35:06 +0000

Blockchain security firms SlowMist and CertiK also believe the crypto wallet drainer, Angel Drainer, was involved in the estimated $238,000 exploit.

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DeFi protocol Balancer frontend is under attack, users urged to stay away

DIGIT — Wed, 20 Sep 2023 00:48:22 +0000

The platform notified its community on Sept. 19 at 11:49 pm UTC, urging users to not interact with Balancer’s protocol until further notice.

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US federal court dismisses lawsuit against DeFi platform PoolTogether

DIGIT — Thu, 08 Jun 2023 08:44:00 +0000

The DeFi community funded the protocol’s legal defense through a $1.4 million nonfungible token sale back in 2022.

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BNB Chain-Based Defi Protocol Ankr Suffers Major Exploit

DIGIT — Fri, 02 Dec 2022 12:30:17 +0000

Decentralized Web3 infrastructure provider Ankr has become the latest victim of a hacking attack targeting the defi space. The perpetrators who hit the platform were able to mint and steal a massive amount of tokens in a multimillion-dollar exploit. Defi Protocol Ankr Hit by Unlimited Mint Bug Exploit Worth Millions Ankr, a decentralized finance (defi) […]

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Aave DAO Approves the Launch of a Collateral-Backed Stablecoin Called GHO

DIGIT — Sun, 31 Jul 2022 22:30:03 +0000

On Sunday, the non-custodial market protocol Aave announced that the Aave DAO has approved a new stablecoin for the ecosystem called “GHO.” Aave Companies proposed the stablecoin during the first week of July and the collateral-backed stablecoin will be pegged to the U.S. dollar’s value. A New collateral-Backed Stablecoin Crafted by Aave Companies Is Due […]

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Inverse Finance exploited again for $1.2M in flashloan oracle attack

DIGIT — Fri, 17 Jun 2022 03:49:51 +0000

No user funds have been affected by the exploit, but Inverse Finance has incurred a debt and offered the attacker a bounty to return the stolen funds.

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Trust in Decentralized Finance Rattled After $100 Billion Left the Defi Economy

DIGIT — Sun, 15 May 2022 14:30:51 +0000

The effect of Terra’s demise continues to shine a light on the fragility surrounding the decentralized finance (defi) ecosystem. Things have changed a great deal following Terra’s aftermath, as the total value locked (TVL) in defi has plummeted from $231 billion to today’s $112.29 billion, losing 51.38% in 42 days. Defi TVL Plunges More Than […]

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Total Value Locked in Defi Takes a Hit Losing $21 Billion in 6 Days

DIGIT — Mon, 11 Apr 2022 18:19:40 +0000

Over the last six days, the total value locked (TVL) in decentralized finance (defi) has dropped 9.21% from a high of $232.88 billion on April 5, to today’s $211.43 billion. The value locked in defi protocols shed 4.40% of that value during the last 24 hours. Value Locked in Defi Shudders This Week While the […]

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