Solidus Labs: Scams And Rug Pulls Makeup About 8% of All ERC-20 Tokens
The blockchain market integrity and risk monitoring company Solidus Labs reveals it has discovered that rug pulls and scam smart contracts make up for around...
Category : DeFi
Decentralized Finance News (DeFi)
Decentralized Finance (DeFi) is a completely revolutionary concept for the traditional financial system.
DeFi implies that there is no control by any government or financial entity over the finances of individuals. In this case, it is the community itself that regulates itself, setting its own rules, conditions and sanctions.
The DeFi world is growing day by day and more and more projects are being launched in this space.
Keep up to date with all the news about DeFi in this section of The Cryptocurrency Post.
Cosmos Team Discovers a Critical Security Vulnerability in Its System
Following the BNB Chain incident last week, Cosmos developers looked over their IBC code and discovered a significant security flaw that put all IBC-enabled blockchains...
Solana DeFi Platform Mango Markets Losses $100M+ in Exploit
An attacker manipulated pricing oracle data in order to steal over $100 million from the decentralized finance (DeFi) exchange Mango Markets, which is based in...
The $160 Million Wintermute Hack Was an Inside Job, Says a Cyber Sleuth
A cyber sleuth has claimed to have conducted a follow-up analysis on last week’s $160 million hack on the Wintermute algorithm market maker and published...
Wintermute Crypto Market Maker Loses $160 Million in its Defi Hack
Wintermute, a cryptocurrency market maker, was hacked for about $160 million in its Defi activities, according to an announcement made on Twitter Tuesday by the...
New Free DAO (NFD) Token Crashes by 99% After a Flash Loan Exploit, Up to $1.25M Vanished
New Free DAO (NFD) decentralised finance (DeFi) platform was exposed to a flash loan attack early on Thursday, resulting in an estimated loss of $1.25...
Cornerchain (CNR) Token Crashes to Nearly Zero Hours After a 149,000% Increase
Security company PeckShield has reported that CornerChain (CNR), the native cryptocurrency of Corner, a network of blockchains that claims to offer ledger services to businesses,...
Investors Lost $600K to DeFi Project Blur Finance as Developers Disappear
Blur Finance emerges as the most recent blockchain project to fail and disappear with hundreds of thousands of dollars, following the disappearance of other protocols...
Recent Blockchain Bridges Hacks Are a Big Problem to Solve for the Crypto Ecosystem
This year has witnessed crypto heists totalling up to $1.2 billion, which is twice the amount of last year’s record, according to research by the...
Nomad Bridge Loses $190M in a Chaotic Copy-Paste Exploit
Nomad has become the latest token bridge attack this year following the high-profile exploits of the Ronin, Wormhole, and Harmony bridge....