Belt Finance to Compensate Users Following $6.3 Million Attack

2021-6-3 14:00

In recent days, the Binance Smart Chain network has been a hotspot for flash loan attacks. There have been multiple attacks on popular liquidity protocols like PancakeBunny and Bogged Finance, resulting in losses worth millions of dollars.

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Источник: btcmanager.com

attacks finance → Результатов: 23

DeFiYield Launches World’s First Smart Contract Audit Archive

As the wave of attacks on unsecured decentralized finance (DeFi) protocols continues, a greater need has arisen for auditing and now there is a new web archive to aid research. The post DeFiYield Launches World’s First Smart Contract Audit Archive appeared first on BeInCrypto.

2021-6-2 09:37	smart contract
archive world defiyield audit launches smart contract

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Binance Smart Chain sounds alarm over ‘well-organized’ DeFi attacks

Following a series of high-profile, multimillion hacker attacks on several decentralized finance (DeFi) platforms based on Binance Smart Chain, the network has issued an official “call for action” to developers.

2021-6-1 07:00	Hacks
defi attacks chain smart binance issued network

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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.

2021-5-25 02:00	Yield Farming
flash loan million two defi projects attacks

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PancakeBunny Attacked With Massive $200M Flash Loan Exploit

The latest victim in the wave of flash loan attacks targeting the decentralized finance (DeFi) industry is one of its largest players — PancakeBunny. The post PancakeBunny Attacked With Massive $200M Flash Loan Exploit appeared first on BeInCrypto.

2021-5-20 08:06
flash pancakebunny loan exploit 200m massive attacked

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Introducing Sigmadex: Bringing financial stability into digital assets

For the crypto finance world, it’s not all roses, as it has been battling its share of problems. From lengthy KYC processes to increased vulnerability to attacks to liquidity issues and many other limitations, the industry is awaiting its knight in shining armor.

2021-4-7 15:00	Cryptocurrency
issues attacks liquidity increased kyc processes lengthy

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Michael Saylor Predicts Massive Investor Shift from Gold to Bitcoin After Buying Another $10M Worth of BTC

Michael Saylor, the ‘bitcoin slayer’ that needs no introduction, continues his attacks on everything non-bitcoin, this time unleashing his wrath on gold. It Feels Great, Says Saylor of Owning More Than 71K Bitcoins In an interview with Andrew Henderson of Nomad Capitalist, a legal finance advisory, Saylor, condemning gold as a “dying asset” and “dead […]

2021-2-3 19:30	MicroStrategy
saylor gold bitcoin michael great bitcoins interview

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Warp Finance to use Chainlink price feeds to resist flash loan attacks

Warp Finance was in the news last month after it took to Twitter to expand on a "complex flash loan attack" it was a victim of. In the said incident, bad actors managed to borrow more than the collateThe post Warp Finance to use Chainlink price feeds to resist flash loan attacks appeared first on AMBCrypto.

2021-1-9 00:30	News
loan warp flash finance price attacks feeds

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Harvest Finance Releases Attack Postmortem After Losing $24 Million

The latest Harvest Finance DeFi incursion has generated overwhelming denigration from crypto pundits on social media. However, it would be more constructive to break the situation down to find out exactly what happened in order to mitigate future attacks.

2020-10-27 10:04	Stablecoins
harvest finance situation break constructive down out

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DeFi Protocol Harvest Finance Offers $100,000 Bounty In The Aftermath Of A $24M Exploit

Several decentralized finance (DeFi) protocols have fallen victim to economic exploits since the start of this year. These have included large-scale attacks on the bZx project, the $25 million exploit on dForce’s lending protocol LendfMe.

2020-10-26 14:33	DeFi
exploit defi finance protocol start included lendfme

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For DeFi's security woes, is centralization even an option?

Decentralized Finance [DeFi] has been a hotspot for a lot of innovation in the recent past. However, the DeFi ecosystem has had to endure quite a few attacks lately, and issues pertaining to its securThe post For DeFi's security woes, is centralization even an option? appeared first on AMBCrypto.

2020-5-9 21:45	Trading View
defi option even security woes centralization issues

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Synthetix Reveals $2.5 Million Price Manipulation Attack

DeFi player Synthetix reportedly suffered market manipulation attacks on its platform late last year. The incident emphasizes the need for better oracles and infrastructure around decentralized finance.

2020-3-5 23:14	Synthetix
manipulation synthetix need emphasizes incident year oracles

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DeFi attacks may be 'fundamentally caused by centralization of power'

Love it or hate it, decentralized finance has been taking the cryptocurrency space by storm in recent times. Using smart contracts on the blockchain, DeFi apps enable lending, borrowing, and a multituThe post DeFi attacks may be 'fundamentally caused by centralization of power' appeared first on AMBCrypto.

2020-2-23 19:30	Trading View
defi power centralization may attacks fundamentally caused

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Gauntlet Joins Forces with Stellar (XLM), Celo and Compound

Gauntlet, a simulation platform that builds the financial models of blockchain networks and applications to prepare them against attacks, has joined forces with Stellar Lumens (XLM), Celo, and Compound, a platform for decentralized finance (DeFi).

2019-10-26 09:00	XLM
gauntlet platform blockchain compound forces xlm celo

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French Finance Minister: Libra Will Take Away State’s Power To Control Currency

French Economy and finance minister Bruno Le Maire attacks Libra again this time claiming that Facebook’s led stablecoin will intrude on one of the most important national government mandates, issuance of currency.

2019-10-17 20:31	Facebook
take libra currency maire french away minister

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French Finance Minister Warns He ‘Cannot Countenance’ Facebook’s Libra

France: government minister attacks Facebook’s Libra once again

2019-10-18 17:42	StableCoin
libra minister facebook france government once again

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France’s Le Maire Attacks Facebook’s ‘Political’ Ambitions With Libra

The French finance minister has said Libra is an "unacceptable" challenge to state sovereignty and suggested political motives behind the project.

2019-10-17 17:00
libra political state challenge unacceptable sovereignty behind

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North Korean hacking groups and copycats are going after financial institutions

State-sponsored and criminal actors are mounting a wide array of cyber attacks against the global finance industry with an aim to steal data and sabotage trading systems, according to new research.

2019-8-1 15:32	Tech
attacks financially-motivated cyber north trading financial institutions

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On Collusion

Special thanks to Glen Weyl, Phil Daian and Jinglan Wang for review Over the last few years there has been an increasing interest in using deliberately engineered economic incentives and mechanism design to align behavior of participants in various contexts.

2019-4-5 04:03
identity mechanism key one system make systems

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Surviving Crypto Bear Market Attacks: Jimmy Song’s Bitcoin Finance Tips

The now infamous drunken BitcoinTalk post titled “I AM HODLING” (circa 2013) speaks to a greater truth: hold on to your Bitcoin. Do Not Let It Go 2013 saw Bitcoin’s value halved, after its first bubble, beginning a long trend bear market.

2019-2-14 03:58	News
bitcoin bear market 2013 beginning bubble saw

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BitMex Insurance Fund Can Finance 51% Attack on Bitcoin Cash For a Year

Hong Kong-based trading platform BitMEX owns so much Bitcoin that it could launch multiple 51 percent attacks against some altcoins for months. Bitcoin Insurance Fund Worth $76 Million Those were the results of calculations from social media commentators this week as it emerged BitMEX’s Insurance Fund now contains 21,350 BTC ($75.

2019-1-24 05:00	litecoin
bitcoin fund bitmex insurance million finance attack

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How Monero Are Improving Human Rights With XMR

Listen Here – https://soundcloud. com/cryptodaily/how-monero-are-improving-human-rights-with-xmr Monero is considered to be the privacy coin, the currency of choice for absolute privacy. Now, privacy doesn’t necessarily mean security and we should remember that 2018 has seen a tonne of ‘Monero mining’ hacks, calling into question some of the projects integrity.

2018-10-12 17:00	monero
monero rights human privacy xmr declaration financial

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Contrary to Popular Opinion, Cryptocurrencies are very secure

In the wake of numerous hacks and attacks on cryptocurrency exchanges, the security of cryptocurrencies is now being questioned. Cryptos have had its fair share of negativity since its arrival in the world of finance.

2018-6-30 13:47
cryptocurrencies contrary popular opinion secure very many

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Allbridge to first begin repaying stuck bridge users after recouping funds

The compensation process is expected to start next week, starting with users who had funds on the bridge “shortly before the shutdown.”

Binance Smart Chain Faces yet Another Flash Loan Attack: Belt Finance Loses $6.3 Million

Belt Finance, a Binance Smart Chain-based decentralized lending protocol, lost $6.3 million in a flash loan attack last week. The attackers took advantage of a series of inefficiencies in the smart contract to manipulate the price of the set and obtain profit from a series of transactions. This is just the last of a series […]

Origin Protocol begins accepting compensation claims following $7M exploit

Co-founder Josh Fraser said he hopes the compensation plan will help build trust among users as the project moves forward.

2021-6-3 14:00

attacks finance → Результатов: 23

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