Hackers will keep hacking as long as organizations are vulnerable — crypto is not an exception.
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Category: Hackers
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BSC Defi Protocol Burgerswap Loses $7.2 Million from a Flash Loan Attack
Another Binance Smart Chain project has been hit with a flash loan attack according to a post mortem written by the Burgerswap team. The project’s official Twitter account said at around 3 a.m. on Friday, Burgerswap suffered from a flash loan attack with the hackers stealing $7.2 million in funds. Binance Smart Chain Defi Protocol […]Powered by WPeMatico
Flash Loan Attacks Drain 2 Binance Smart Chain Defi Projects for $6 Million
There have been two back-to-back flash loan attacks in a short period of time stemming from two unique Binance Smart Chain decentralized finance (defi) projects. Last Wednesday, the yield-farming platform Pancakebunny lost close to $3 million in a flash loan attack according to reports. The following Sunday, Bogged Finance saw $3 million exploited from a […]Powered by WPeMatico
DeFi hacks and exploits total $285M since 2019, Messari reports
Decentralized finance platforms on the Ethereum network have lost about $285 million to rogue actors since 2019.
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Uranium Finance developer suspected of ‘leaking’ information leading to $50M exploit
A member of Uranium Finance’s developer team said they suspect that the recent hack of the platform may have originated internally. They’ve urged affected users not to contact any other members of the Uranium Finance team.
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Smart contract exploits are more ethical than hacking… or not?
What is certain is that exploits only get points for being less disastrous than their counterpart.
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Over $750 Million in Bitcoin from the 2016 Bitfinex Hack Moved Today
On Wednesday, after bitcoin prices touched a new all-time high, thousands of bitcoins from the August 2, 2016, Bitfinex hack were transferred to unknown wallets. The exact count of BTC moved from the hack is not entirely clear, but one blockchain parser shows that over 12,208 BTC from the 2016 Bitfinex breach worth $754 million […]Powered by WPeMatico
Hackers Target Github Server Infrastructure to Mine Cryptocurrencies
Github services is under investigation after a series of reports on attacks against one of its infrastructures by running unauthorized crypto mining apps. Cybercriminals allegedly exploited some security flaws that could have been exploited to mine cryptos illicitly. Attacks Exploit ‘Github Actions’ According to The Record, a Dutch security engineer, Justin Perdok, detected a cyberattacker […]Powered by WPeMatico
FORCE token sees volatile 24 hours following coordinated attack on ForceDAO
The DeFi platform was the victim of an attack shortly after launch, with 183 ETH compromised. After an initial selloff, FORCE tokens are in recovery mode Monday.
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Furucombo to issue iouCOMBO tokens to repay victims of $15M exploit
Hacked DeFi service Furucombo will issue “iou” tokens as part of its compensation plan to repay 22 affected users.
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