Poly Network hack exposes DeFi flaws, but community comes to the rescue
The DeFi hacker’s initial intentions remain unclear, but they refused to accept a $500,000 bounty after returning all funds. Go to Source Powered by WPeMatico
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Poly Network hacker returns less than 1% of the $600M theft
The returned sum represents only a minor portion of the over $600 million stolen from Poly Network. Go to Source Powered by WPeMatico
Poly Network Hacked for More Than $600 Million — Hacker Trolls Project Saying ‘It Could Have Been a Billion’
On August 10, the decentralized finance (defi) project Poly Network suffered a loss of over $600 million according to various reports. The hack follows a recent Ciphertrace report on how defi-related hacks and fraud in 2021 have already surpassed 2020. The Poly Network hack on Tuesday is well above the entire year’s worth of defi … Read more
Pro-Trump MAGACOIN crypto launch marred by website data breach
Roughly 75 million MAGACOIN were created to support pro-Trump candidates in 2022. Go to Source Powered by WPeMatico
Bondly Finance urges users to stop trading following alleged exploit
The DeFi platform’s native token price dropped more than 60% following a compromise by an unknown party. Go to Source Powered by WPeMatico
Polygon-Based Defi Stablecoin Safedollar Plunges to Zero — Team Is Investigating Exploit
The algorithmic decentralized finance (defi) stablecoin safedollar (SDO) has been attacked, according to statements published on its Telegram channel. The safedollar token did not remain stable following the attack, as the defi stablecoin’s price collapsed to zero. Safedollar Stablecoin Price Collapses A Polygon (MATIC) blockchain-based stablecoin called safedollar (SDO) has lost all of its value, … Read more
Here’s what would happen to Bitcoin if the government tried to take it over
Fear mounted as the FBI announced that it helped Colonial Pipeline retrieve a portion of its BTC ransom payment, but can the government actually take over Bitcoin and the network? Go to Source Powered by WPeMatico
Belt Finance loses millions in latest BSC-based DeFi exploit
Another day, another BSC DeFi protocol gets hacked. Go to Source Powered by WPeMatico
Critical $20M SafeMoon vulnerability? Project devs say no cause for alarm
One blockchain security firm says its audit of the SafeMoon smart contract has unearthed a potential $20 million vulnerability within the viral meme coin. Go to Source Powered by WPeMatico
Binance Smart Chain-based DeFi platform suffers $3M flash loan attack
Funds are safe, Bogged Finance assured after the exploit. Go to Source Powered by WPeMatico