With over $2 billion lost in decentralized finance this year, there exists a huge market opportunity for crypto insurance providers, according to an executive.
Powered by WPeMatico
Category: Nexus Mutual
Auto Added by WPeMatico
DeFi coverage protocol expands protection against centralized exchange hacks
Nexus Mutual is now allowing users to cover their centralized exchange accounts.
Powered by WPeMatico
The Nexus Mutual hacker is now asking for a $2.6M ransom
Attacker demands ten times the $300,000 bounty offered after apparently laundering a third of the stolen loot.
Powered by WPeMatico
Defi Protocol Founder Tricked, Hacked for $8 Million in Personal Funds
Nexus Mutual founder and chief executive officer Hugh Karp’s personal wallet address has been hacked for more than $8 million. The attacker, a member of the Nexus defi protocol, tricked Karp into signing a transaction that transferred funds to the hacker’s own address. The attacker gained remote access to Karp’s computer and modified his Metamask […]
The post Defi Protocol Founder Tricked, Hacked for $8 Million in Personal Funds appeared first on Bitcoin News.
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.
Powered by WPeMatico