2021-6-1 07:00 |
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.
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In the wake of an increasing number of hacks and attacks on Binance Smart Chain (BSC) protocols, the community is calling for action. The post Binance Smart Chain Claims DeFi Attacks ‘Organized and Targeted’ appeared first on BeInCrypto.
2021-5-31 10:15 | |
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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 | |
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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 | |
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In a tweet published in the early hours of today, DODO decentralized exchange said a number of its liquidity pools were attacked yesterday, March 8, 2021. DODO’s V2 CrowdPool Funds Stolen The attacks which drained a reported $2.
2021-3-10 19:28 | |
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DeFi exploits and attacks have become increasingly commonplace as the space evolves and attracts both money and participants. The post Latest Ethereum DeFi exploit sees $14 million stolen from ‘Furucombo’ appeared first on CryptoSlate.
2021-3-1 16:47 | |
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Crypto crime rates are dropping despite a massive increase in attacks targeting the DeFi sector, reports security firm CipherTrace.
2021-1-29 06:26 | |
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Flash loans attacks have received a lot of press attention. But they're not DeFi's biggest vulnerability, says Chainlink's CMO.
2020-11-12 22:50 | |
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The research firm CipherTrace assessed losses of DeFi protocols as a result of malicious actions in 2020. Almost $100 million was stolen from DeFi protocols, and the entire crypto industry lost $468 million due to attacks.
2020-11-16 14:09 | |
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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 | |
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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 | |
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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 | |
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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 | |
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Flash loan attacks are here to stay and are likely to get more serious. DeFi needs to adapt, says a leading crypto VC.
2020-2-28 20:22 | |
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With so much innovation going on in the space, DeFi has become a big rising star over the years. In a more recent milestone, DeFi apps on the Ethereum network hit an all-time high of $1.21 billion on The post DeFi attacks reignite centralization dilemma, debates on protocol reliability appeared first on AMBCrypto.
2020-2-26 22:30 | |
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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 | |
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Two recent flash loans on the defi platform Bzx have started a fierce debate about the subject of using uncollateralized loans in a quick trade. Essentially these flash loans are providing people with the ability to borrow crypto without relinquishing any collateral.
2020-2-23 02:40 | |
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Recent attacks on the lending platform bZx have left faith in DeFi shattered, but what actually happened? And can the sector bounce back?
2020-2-23 23:00 | |
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Nexus Mutual members voted to pay out two claims following the bZx flash loan attacks – a first for the DeFi insurance pioneer.
2020-2-21 00:15 | |
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Here's a plain-English breakdown of the bZx attacks and their broader implications for the budding DeFi markets.
2020-2-20 01:50 | |
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A breakdown of the role of price oracles in the recent DeFi attacks, plus what DeFi can learn from early exchange hacks.
2020-2-20 23:00 | |
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Today we're breaking down the flash loan attacks that rocked the DeFi community in a way even your grandpa can understand, presented in both audio and full-text format.
2020-2-20 21:50 | |
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Are two recent attacks taking advantage of "flash loans," low liquidity and price oracle issues the first of more to come?
2020-2-19 23:00 | |
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bZx, a DeFi lending protocol, was hit with a series of exploits. The attacks resulted in the loss of 3,581 ETH worth nearly $1 million. A series of unfortunate events On Feb. 14, the bZx team was alerted about a suspicious transaction that allowed the perpetrator to net a whopping $300,000 in profits.
2020-2-19 18:07 | |
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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 | |
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Quick Take The Monochrome Bitcoin ETF (IBTC) is poised to make history as Australia’s first spot Bitcoin ETF, set to launch on June 4, 2024. Trading on Cboe Australia is scheduled to begin at 10:00 A.
Quick Take Bitcoin continues to make headlines as it flirts with the $70,000 mark. Earlier today, it briefly surpassed $70,200 just before the US markets opened before retreating back to around $69,100.
Consensys, the Solana Foundation and Fireblocks are also among the baker's dozen founding members of Crypto ISAC.
Gala Games said it responded swiftly to the significant security breach on May 20 that resulted in the unauthorized sale of $21 million worth of GALA tokens and the “effective burn” of an additional 4.
Pink Drainer, a notorious crypto wallet-draining service, announces its closure after pilfering over $85 million from more than 21,000 victims in the past year. The post Pink Drainer shuts down after dealing over $85 million in damage appeared first on Crypto Briefing.
North Korean hackers deploy new 'Durian' malware to target South Korean crypto firms, with potential links to the notorious Lazarus Group uncovered. The post Kimsuky hacking group targets South Korean crypto firms with new malware — report appeared first on Crypto Briefing.
On May 1, DeFi protocol Pike Finance corrected its description of a recent exploit and said it was not caused by a USDC vulnerability, as previously stated. According to the company’s latest statement: “The term ‘USDC vulnerability’ was inaccurate for summarizing last week’s exploit.