Web3 projects would rather get hacked than pay bounty: Finance Redefined
The top 100 DeFi tokens had a volatile yet bearish week with nearly all the tokens trading in red on the weekly charts. Go to Source Powered by WPeMatico
hacks
Auto Added by WPeMatico
North Korean hacking activity ceases after implementing KYC — Report
Intelligence officials that out of $620 million in crypto stolen by North Korean hackers this year, none were related to South Korea. Go to Source Powered by WPeMatico
Raydium announces details of hack, proposes compensation for victims
The attacker made use of an exploit that allowed entire liquidity pools to be withdrawn as “fees.” Go to Source Powered by WPeMatico
Ankr says ex-employee caused $5M exploit, vows to improve security
The team has alerted relevant authorities and is seeking to prosecute the attacker while also shoring up its security practices. Go to Source Powered by WPeMatico
Crypto on-chain crime drama sees the good guys finally win
The security firm managed to avert a crypto robbery by simply paying a higher gas fee than the exploiter. Go to Source Powered by WPeMatico
Raydium is attacked, loses $2 million
The team said that authority over the automated market maker and farm programs have been paused, “for now.” Go to Source Powered by WPeMatico
Hackers copied Mango Markets attacker’s methods to exploit Lodestar: CertiK
The attacker made close to $6.9 million in profits and left users with a pile of bad debt. Go to Source Powered by WPeMatico
3Commas denies staff members stole API keys
Crypto trading firm also rejects claim that users’ API keys were leaked and urges users to file a police report. Go to Source Powered by WPeMatico
Lodestar Finance exploited in flash loan attack
The main vulnerability behind the attack was within GLP oracle and how it conducts its price. Go to Source Powered by WPeMatico
Abnormal token price movements on Binance not hack-related, confirms CZ
On Dec. 11, Binance issued a notice about abnormal price movements for some trading pairs. As a result, the exchange began an investigation to narrow down suspicious accounts responsible for the issue. Go to Source Powered by WPeMatico