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...
Tag : defi
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 —...
Ankr Defi Protocol Suffers a Multi-million Dollar Attack
The BNB chain-based Ankr defi protocol has suffered a significant exploit as a result of a major bug in its code that allowed for limitless...
Solana (SOL) NFT Data Continues to Grow Despite DeFi TVL Falling
Solana DeFi TVL decreased by 70 percent in November, whereas Solana NFT data is still expanding, with an average transaction volume that climbed by 67.7...
Kaspersky Releases a New Consumer Cyberthreat Forecast for 2023
According to a recent study by the cybersecurity company Kaspersky, the Metaverse may become a major target in 2023. This is in addition to malware,...
$3 Million Stolen from Skyward Finance
A security attack cost Skyward Finance, an open-source launchpad built on the NEAR chain, 1.1 million NEAR tokens (about 3 million US dollars). Aurora Lab’s...
CZ Says Binance is Investing Heavily in DeFi
Changpeng Zhao “CZ,” the CEO and founder of Binance, announced the news on Twitter that his business is making a significant investment in DeFi....
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...
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...