Bug bounties can help secure blockchain networks, but have mixed results
How bug bounties can improve security by using talent from the blockchain community. Go to Source Powered by WPeMatico
hacks
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Arbitrum-based Rodeo Finance exploited for $1.53M, the second time in a week
The exploiter manipulated price oracles to gain the upper hand on trades they executed using the manipulated price. Go to Source Powered by WPeMatico
Mt. Gox repayment date looming: Is Bitcoin in trouble?
As the Mt. Gox repayment deadline scheduled for October approaches, crypto observers expect a major industry event coming up this fall. Go to Source Powered by WPeMatico
Pink, Pussy, Venom, Inferno — Drainers coming for a crypto wallet near you
Crypto wallet drainers, or sweepers, are malicious smart contracts that can quickly empty a crypto wallet of its funds and are a standard tool for phishing scammers. Go to Source Powered by WPeMatico
Gaming gear maker Razer hacked, user data, encryption keys for sale online: Report
The Singapore-U.S. gaming company has responded to reports of 404,000 emails, keys, logins and other info for sale; it hasn’t finished dealing with a 2020 leak yet. Go to Source Powered by WPeMatico
DeFi protocol Arcadia Finance hacked on Ethereum and Optimism for $455k
A loophole in the code allowed the hacker to drain funds worth roughly $455,000 from Arcadia’s Ethereum (darcWETH) and Optimism (darcUSDC) vaults collectively. Go to Source Powered by WPeMatico
Multichain attack triggers Twitter phishing scheme for FTM distribution
A phishing link was included in the tweet and shared with the affected users of the hack, leading them to believe it is associated with Fantom Foundation. Go to Source Powered by WPeMatico
Circle, Tether freezes over $65M in assets transferred from Multichain
Multichain has suspended its operations after an unexplained transfer of crypto assets worth millions of dollars took place on July 6. Go to Source Powered by WPeMatico
DeFi ‘circuit breaker’ could slash hack losses by 70%: Finance Redefined
The top 100 DeFi tokens had a mixed week. Most tokens traded in the same range as the previous week, with a minor bearish correction. Go to Source Powered by WPeMatico
$30B stolen from crypto ecosystem since 2012: Report
The stolen mount represents nearly 3% of the current market cap of listed cryptocurrencies. Go to Source Powered by WPeMatico
