Platypus reveals compensation plan for users’ funds after attack
DeFi protocol Platypus seeks to return nearly 78% of the main pool funds by reminting frozen stablecoins. Go to Source Powered by WPeMatico
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Coinbase discloses recent cyberattack targeting employees
No customers’ funds or information were impacted, according to the company. Coinbase’s engineering team believes the attack is associated with a sophisticated phishing campaign. Go to Source Powered by WPeMatico
Modular blockchains could be the next hot crypto market trend in 2023
As the crypto industry recovers, a new generation of modular blockchains could replace centralized bridges and exchanges. Go to Source Powered by WPeMatico
Platypus attack exploited incorrect ordering of code, auditor claims
The misordered lines caused a solvency check to be performed before the user’s amount, factor, and rewardDebt had been set to zero Go to Source Powered by WPeMatico
SEC’s staking crackdown has uncertain consequences for DeFi: Finance Redefined
The DeFi market’s total value locked surpassed $50 billion for the first time in six months thanks to the bullish burst in the crypto market over the past week. Go to Source Powered by WPeMatico
DeFi exploits and access control hacks cost crypto investors billions in 2022: Report
Cyber criminals used a variety of methods to siphon funds through hacks and exploits in 2022, amounting to over $2.8 billion in losses. Go to Source Powered by WPeMatico
MetaMask issues scam alert as NameCheap hacker sends unauthorized emails
Web hosting company NameCheap detected the misuse of one of its third-party services for sending some unauthorized emails — which directly targeted MetaMask users. Go to Source Powered by WPeMatico
Jump Crypto unveils critical vulnerability on Binance’s BNB Chain
The security flaw would allow the mint of an unlimited amount of arbitrary tokens. The issue was privately disclosed to the BNB team. Go to Source Powered by WPeMatico
Scammers are targeting crypto users with new ‘zero value TransferFrom’ trick
The trick allows the attacker to confirm zero-value transactions from the victim’s wallet, hijacking the user’s transaction history. Go to Source Powered by WPeMatico
DeFi enjoys a prolific start to 2023: Finance Redefined
DeFi marks a perfect entry into 2023 with a bullish January and TVL nearing $50 billion. Go to Source Powered by WPeMatico
