Cover Protocol announces compensation plan following mining contract attack
Cover Protocol will distribute new “coins” to token holders as Binance announces compensation for affected traders. Go to Source Powered by WPeMatico
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Cover Protocol suffers infinite minting attack, price tanks 97%
Cover, the peer-to-peer coverage market, is the latest DeFi project to suffer an attack. Go to Source Powered by WPeMatico
UK Crypto Exchange Exmo Hacked, Estimates Presume Platform Lost $10.5 Million
U.K.-based cryptocurrency exchange Exmo detailed on December 21, 2020, the firm had “detected suspicious withdrawal activity” and halted withdrawals. Exmo said a security audit report revealed “large withdrawals” of bitcoin and five other cryptocurrencies. Analysts estimate that Exmo may have lost over $10 million from the hot wallet breach. On Monday, the U.K.-registered digital currency … Read more
Ledger users threaten legal action after hacker dumps personal data
A cybersecurity expert claimed the affected users would be targeted online and in person now that their personal information had been made public. Go to Source Powered by WPeMatico
After exploit, Warp Finance compensation plan takes promising strides
In a promising sign for the DeFi space, another project devotes itself to complete user compensation following an exploit Go to Source Powered by WPeMatico
Nicehash Crypto Mining Pool ‘Fully’ Reimburses All Users Affected by 2017 Hack
A Slovenian cryptocurrency mining pool and trading platform announced that they’ve managed to fully compensate their users affected by a hacking attack that took place in December 2017, which took over 4,600 bitcoins. Nicehash ‘Fully’ Reimburses Users Affected in 2017 Hack According to the letter published by Martin Škorjanc, CEO of Nicehash, the company “fully” … Read more
Five times crypto got weird in 2020
Crypto is no stranger to weirdos, so here’s a few times the space got strange in 2020. Go to Source Powered by WPeMatico
Founder of DeFi protocol Nexus Mutual gets hacked for $8M
The protocol is safe, but its founder lost his stash of 6% of all tokens. Go to Source Powered by WPeMatico
Origin Dollar compensation plan marks progressing maturation of DeFi space
Traders and developers are trending towards greater DeFi depositor protections in unison Go to Source Powered by WPeMatico
As token price rises and reputation mends, Sushiswap foils midnight exploit
The Uniswap rival manages to fend off an attack in a matter of hours. Go to Source Powered by WPeMatico