How Hyped-Blockchain Canto Failed to Deliver on DeFi Promises
The decentralized finance (DeFi) sector has been one of the most promising and innovative areas of the crypto space in recent years. However, not all...
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US Justice Department Targets DeFi Hackers and Cryptocurrency Thieves
The United States Department of Justice (DOJ) is intensifying its crackdown on Decentralized Finance (DeFi) hackers and exploiters, as illicit crypto activities have surged over...
DeFi Hacks: $11.6M Stolen from Yearn Finance as Hacker Mints 1 Quadrillion yUSDT
Decentralized Finance (DeFi) protocol Yearn Finance, suffered an attack to the tune of $11.6 million on April 13 following a hacker’s minting of 1 quadrillion...
SushiSwap Team is Working on Recovering Funds After an Exploit of $3.3 Million Made by a Hacker Due to a Bug
Decentralized finance (DeFi) protocol, SushiSwap, also know for having a cross chain swap feature, reportedly lost $3.3 million to hackers on April 19, due to a...
Allbridge Hacker Finally Returns Biggest Part of the $573K Stolen Funds
Hacker of the multichain token bridge Allbridge returned the biggest part of the $573,000 stolen funds as a form of acceptance of a ‘white hat...
Allbridge Offers Bounty to Hacker as Binance Comes to Rescue
Attacked multichain token bridge Allbridge has offered a bounty to the hacker behind the $575,000 exploitation of its core liquidity pools on April 2 as...
DeFi Executives Speak on Launching KYC
Decentralized Finance (DeFi) executives remarked at the World of Web3 (WOW) Summit in Hong Kong on the need to launch “Know Your Customer” (KYC) in...
Hope Finance Loses $2M Amid a Hacking Attempt
In a recent development, the Arbitrum-based DeFi project, Hope Finance, has lost around $2 million due to a hacking attempt. The platform notified its community...
The US Accuses Mango Markets Exploiter of Frauds, Orders His Arrest
Prosecutors in New York have arrested cryptocurrency trader Avraham Eisenberg in Puerto Rico and charged him with fraud for manipulating the Mango Markets exchange and...
Defrost Finance Suffers a Hack, Some Call It a Rug Pull
Defrost Finance, a decentralized leveraged trading platform built on the Avalanche blockchain, reported that both of its versions — Defrost v1 and Defrost v2 —...