From the hack of a DeFi protocol, hackers stole nearly $200 million. Euler, recently got hacked resulting in decreasing its token EUL value by 50%. A Decentralized Finance (DeFi) protocol suffered f...
Tag: Exploit
DeFi Lender Euler Finance Drained of $197M In Flash Loan Exploit
Decentralized finance (DeFi) platform Euler Finance has reportedly suffered an exploit of approximately $196.9 million, per audit platform BlockSec. The attacker nabbed $8.7 million in the decentraliz...
Dogecoin, Zcash, Litecoin resolve possible exploit; 280 other chains may be at risk
Ad Several blockchains contain vulnerabilities under the collective term “Rab13s,” according to a report from blockchain security firm Halborn on March 13. DOGE, ZEC, LTC resolve security issue Halbor...
DeFi Platform Euler Finance Loses $197 Million in Flash Loan Exploit
Defi News It is still unclear what vulnerability was exploited to launch the assault. The attacker employed a chain of six separate flash loans. According to audit platform BlockSec, the decentralized...
Euler Suffers $200M Exploit in Flash Loan Attack
Euler Finance, a DeFi lending and borrowing protocol has been exploited by almost $200 million in a flash loan attack. Contents lost in the attack include $8.7 million in DAI, $18.5 million in WBTC, $...
Euler Finance sees $195 million in crypto drained in exploit…
Today’s hack saw an attacker drain millions in $DAI, $USDC, $StETH and $WBTC in a flash loan attack. In the largest hack so far in 2023, an attacker was able to carry out multiple transactions that ne...
Hackers Exploit Ethereum (ETH) Rival, Normal Activity Paused To Prevent Theft of More Tokens
Layer-1 blockchain Hedera (HBAR) had to pause normal activity this week due to a hack on its smart contract service code. The Ethereum (ETH) competitor acknowledged the exploit in a tweet on Thursday....
Hedera Reveals Mainnet Exploit Led To Loss Of Liquidity Pools Tokens
In a Twitter announcement, Hedera confirmed an exploit in its mainnet, leading to a loss of liquidity tokens. However, the firm noted the exploit did not impact its consensus layer. Network exploitati...
Here’s What We Know About Hedera Exploit
Though the exploit in the Decentralized Finance (DeFi) ecosystem in this first quarter is not so pronounced, we have been seeing protocol exploitations on a consistent basis. One of the latest is the ...
Crypto exploit on Hedera Hashgraph
Important crypto news for Hedera Hashgraph, which stated that the March 9 smart contract exploit had no impact on the network or its level of acceptance. Recall that Hedera Hashgraph is a decentralize...
Community Fears Exploit As Hedera Halts Wallet And App Access
The Hedera network has stopped all access to its wallet and app as it investigates technical irregularities, which could be due to a possible exploit in its smart contracts. As a result of this actio...
Hedera temporarily disables network services after exploit
Hedera has announced that it has turned off network proxies on its mainnet due to an exploit. Critical network services like wallets, decentralized exchanges, and others will be available again once t...
Hedera confirms exploit on mainnet led to theft of service tokens
Hedera, the team behind distributed ledger Hedera Hashgraph, has confirmed a smart contract exploit on the Hedera Mainnet that has led to the theft of several liquidity pool tokens. Hedera said the at...
Hedera halts wallet and app access due to possible exploit
Ad Hedera is turning off access to most services, as announced in a tweet on March 9. Hedera is blocking wallet, app access Hedera said that it will turn off network proxies on its mainnet as it inves...
Hedera Network Suffers Alleged Exploit
Hedera network faces an ongoing exploit targeting the decompiling process in smart contracts. The decentralized exchange (DEX) SaucerSwap Labs has asked users to withdraw their liquidity. SaucerSwap L...
Algorand (ALGO) Foundation Issues Action Statement on Recent Exploit
Algorand Foundation, the not-for-profit organization supporting the Algorand Protocol, has released an action statement in wake of the recent exploit of the ecosystem. Noting that it has been a truly ...
How Someone Borrowed $1.6M With $70 Worth of Collateral: The Tender.Fi Exploit
The hacker who stole $1.59 million worth of crypto assets from Arbitrum-based decentralized finance (DeFi) lending platform Tender.fi has returned nearly all the funds, keeping roughly $97,000 as a bo...
Tenderfi pauses borrowing due to a possible $1.58m exploit
Tender Finance, a DeFi lending and borrowing platform ceased all borrowing moments ago due to an “unusual amount of borrows,” suggesting a possible hack into the protocol. Tenderfi reportedly lost con...
DeFi lender Tender.fi suffers exploit, white hat hacker suspected
An alleged ethical hacker has drained $1.59 million from the decentralized finance (DeFi) lending platform Tender.fi, leading the service to halt borrowing while it attempts to recoup its assets. Web3...
Algorand Wallet MyAlgo Urges Users to Withdraw Funds After $9.2M Exploit
Algorand-centric wallet MyAlgo told users they “strongly advise” withdrawing any funds from mnemonic wallets that were stored in MyAlgo, following reports of an attack worth just under $9.2 million. M...
Platypus Finance creates compensation portal for users following $9.1M exploit
Decentralized finance (DeFi) protocol Platypus Finance has created a portal that enables users to view how much the platform owes them following the recent $9.1 million exploit. On Feb. 16, the DeFi p...
Algorand (ALGO) CTO Gives Update on Recent Exploit Impacting Multiple Accounts
Tomiwabold Olajide Algorand (ALGO) CTO shares update on recent exploit that affected over 25 accounts Algorand CTO John Alan Woods has shared an update on the thefts reported on MyAlgo wallets in the ...
OKX Seizes 2 Million USDT Linked To CELT Exploit, Plans Restitution
The Seychelles-based crypto exchange OKX recently started investigations into the platform following the users’ allegations of market manipulation of the Celestial (CELT) token. In reality, Celestial’...
Algorand Wallet MyAlgo Warns Users to Withdraw Funds After $9.6M Exploit
Algorand-based wallet provider MyAlgo has cautioned users to withdraw assets from all wallets created with a mnemonic phrase as the company continues investigating an exploit that led to a $10 million...
French Police Arrest Hackers Allegedly Associated With Exploit of Avalanche-Based DeFi Protocol
The French National Police have arrested two individuals allegedly behind the $9.19 million hack on Avalanche (AVAX)-based decentralized finance (DeFi) protocol Platypus Finance. The French police als...
Amid Exploit Investigation MyAlgo Warns Users To Withdraw Funds
4 hours ago | 2 mins read Blockchain News MyAlgo tweeted the warning saying that it still didn’t know what caused the wallet intrusions. Socially engineered phishing attempts were the highest likely c...
French Police Arrest Duo Involved in Platypus Crypto Exploit
Of the $9 million in stolen assets, Platypus said it has recovered 2.4 million USDC and 687,000 BUSD; it has also worked with Tether to freeze 1.5 million USDT. French police seized approximately $220...
LaunchZone (LZ) price plunges 82% after a $700K exploit
Little-known BNB Chain-based decentralized finance (DeFi) protocol LaunchZone has been exploited and $700,000 worth of funds stolen. The news has sent the protocol’s native token, LZ, plunging by more...
Jump Crypto and Oasis recover 120k ETH from Wormhole exploit
On Feb. 25, Jump Crypto, a web3 infrastructure firm, announced that it had successfully recovered the 120,000 ETH stolen during the infamous Wormhole exploit in 2022. According to decentralized finan...
Oasis Network Help Jump Crypto ‘Exploit’ Wormhole Hacker
DeFi protocol Oasis Network said it helped Jump Crypto recover some of the stolen funds in the $300 million Wormhole exploit of February 2022, according to a Feb. 24 statement. The platform disclosed ...
Platypus Finance to compensate users affected by exploit, more inside
Platypus Finance has laid out compensation plans for users affected by last week’s $9 million exploit. The platform will ensure a compensation of 63%, which may increase to 78% based on a governance v...