Poolz Finance fell victim to a hack that drained $390,000 earlier today. The DeFi protocol’s hack occurred due to an arithmetic overflow issue. Poolz Finance has removed its liquidity from PancakeSwap...
Tag: Finance
Poolz Finance hacked, token price drops 93%
Hackers on March 15 exploited an arithmetic overflow issue on Poolz Finance, making off with hundreds of thousands of dollars in crypto and causing the platform’s native POOLZ token to lose more than ...
Euler Finance demands 90% funds back from hacker
Euler Finance, a non-custodial lending protocol built on Ethereum, is attempting to negotiate a settlement with the hacker who stole millions of dollars from the protocol. Euler also threatens to sue ...
Nearly $200,000,000 Worth of Crypto Hacked From DeFi Platform Euler Finance
A hacker exploited the decentralized finance (DeFi) platform Euler Finance early Monday morning and stole around $200 million worth of crypto, according to the blockchain security firm SlowMist. Euler...
Euler Finance Offers Hacker Two Choices: $20M Bounty or Legal Action
Defi News Euler Finance has demanded the restoration of 90% of the stolen funds. The hacker would repay $176.4M in response to the request for a 90% money return. Attempting to negotiate with the hack...
Euler Finance Hack Postmortem Reveals 8-Month-Old Vulnerability
A postmortem of Euler Finance’s flash loan exploit has revealed that the vulnerability at the root of the exploit remained on-chain for 8 months. As a result of the vulnerability, Euler Finance lost ...
Conflux (CFX), Fantom (FTM) And TMS Network (TMSN): Bridging The Gap Between Traditional Finance and DeFi
Decentralized finance is revolutionizing the concept of how we interact with capital. With the advent of smart-contract blockchains, many developers offer tools for building DeFi platforms. Conflux (C...
Signature Bank Closure Has Nothing to Do With Crypto, Says Regulator – Finance Bitcoin News
The decision to close down Signature Bank had “nothing to do with crypto,” said the New York State Department of Financial Services, the regulator that took possession of the troubled bank on Sunday. ...
DeFi Hack: Euler Finance Pushes to Recover Funds After Blocking Vulnerable Module
Euler Finance, a lending protocol in the decentralized finance (DeFi) space, which has witnessed several losses of funds through network exploits, has fallen victim to the largest exploit so far in 20...
Curve Finance, Uniswap Trade Volumes Soared Amid USDC Depeg
Several DeFi players have posted some serious figures amid the market’s latest chaos. The trading volume on the decentralized stablecoin exchange Curve Finance hit $6.03 billion on March 11 due to the...
Euler Finance suffers $197M DeFi hack
Euler Finance, a DeFi lending protocol, suffered a flash loan attack on March 13, resulting in the biggest hack of crypto in 2023 so far. The lending protocol lost nearly $197 million in the attack, i...
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...
Cardano (ADA), Solana (SOL) Struggle In Difficult Times, RenQ Finance (RENQ) Holds Fort
The cryptocurrency market is known for its volatility and unpredictability, with prices fluctuating rapidly in response to various factors. Recently, two popular cryptocurrencies, Cardano (ADA) and So...
Lido Finance Faces Regulatory Uncertainty: Should Investors Be Concerned?
Lido Finance, the largest liquidity staking protocol, has been facing regulatory uncertainty in the United States. Despite making a tremendous market entry in the past few years with over $9.8 billion...
Protocols report exposure to the $197 million Euler Finance hack
Some malicious players hacked Euler Finance to steal $197 million funds in total. The hack was carried out in four different transactions for $177 million, with two more attacks that added to the conc...
Euler Finance blocks vulnerable module, working on recovering funds
Decentralized finance (DeFi) lending protocol Euler Finance became a victim of a flash loan attack on March 13, resulting in the biggest hack of crypto in 2023 so far. The lending protocol lost nearly...
Euler Finance faces $197 million hack
BlockSec first broke the news that Euler Finance had been hacked by malicious players. The hacking attempt was reportedly successful since the players were able to take a total of $197 million from th...
Membrane Finance, Polygon Labs & deltaDAO brings EUROe to Gaia-X
Membrane Finance, Polygon Labs, and deltaDAO recently announced a strategic partnership. The parties are bringing the world’s first euro-regulated stablecoin, EUROe, to Gaia-X. After the integration i...
HSBC Acquires Silicon Valley Bank UK — Sale Facilitated by Government, Bank of England – Finance Bitcoin News
The British government and the central bank, the Bank of England, have facilitated a private sale of Silicon Valley Bank UK to HSBC, according to Chancellor of the Exchequer Jeremy Hunt. He stressed t...
Euler Finance Suffers Flash Loan Attack, Loses Millions in Multiple Cryptocurrencies
On March 13, 2023, Euler Finance, an Ethereum-based noncustodial lending protocol, became the victim of a flash loan attack. The attacker managed to steal millions in various cryptocurrencies, includi...
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...
Flash Loan Attack Drains $180 Million From Euler Finance
The decentralized finance (DeFi) sector recorded massive losses in 2022. While many expected a different story in 2023, bad actors have continued their game of exploiting DeFi. Some days back, Hedera ...
DeFi protocol Euler Finance suffers a $197m hack
Decentralized finance (DeFi) platform Euler Finance has been targeted in a flash loan attack, losing $197 million worth of DAI stablecoin, WBTC, stETH, and USDC. Euler Labs is working with security ex...
Crypto Lender Euler Finance Falls Prey To $197 Million DeFi Flash Loan Attack
– Advertisement – Summary: Euler Finance was drained of DAI tokens, staked Ether, USDC, and wrapped Bitcoin after a flash loan attack. On-chain security firms BlockSec and Peckshield said ...
Aave (AAVE), Cosmos (ATOM), RenQ Finance (RENQ), 3 Tokens Ready To Shake The Crypto Market
Three of the most promising new tokens to watch out for are Aave (AAVE), Cosmos (ATOM), and RenQ Finance (RENQ). These tokens are all poised to shake up the crypto market in their own unique ways, off...
Euler Finance: Hacker steals around $197M in 2023’s largest hack
Eurler Finance was targeted by a flash loan attack on 13 March, with the attacker successful in stealing assets worth $197 million. The ongoing attack has already become the largest hack of this year....
Curve Finance achieves record $7b in daily trading volumes
As crypto whales compete for assets after the USDC depeg, the daily trade volume on the DeFi protocol Curve Finance reached all-time highs on March 11, smashing previous records. Since the collapse of...
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...
Euler Finance Suffers a Flash Loan Attack
As if the traditional banking system isn’t causing enough troubles, a DeFi lending protocol called Euler Finance was also hit by a flash-loan attack. The damage equates to almost $200 million worth of...
Algorand Foundation CEO Explains Blockchains Role In Finance
Algorand Foundation CEO Staci Warden talked about blockchain in an interview with Yahoo Finance Live. Warden spoke about the potential of blockchain technology’s role in financial transactions. Algora...