Cetus lost over $220 million after an attacker exploited a flaw in a smart contract math library. The attacker used spoof tokens and overflow bugs to trick the system into giving away real assets.
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Venus Protocol suffers a flash-loan exploit targeting the low-liquidity THENA (THE) token
Venus Protocol got hit by a suspected flash-loan exploit that targeted the low-liquidity token of the DeFi project THENA. Tens of millions of THE tokens were used as collateral, and began being ...
The Echo Protocol hack revealed DeFi’s growing operational security crisis after attackers minted $76.7M fake eBTC using a stolen admin key.
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Echo Protocol, the popular Bitcoin liquidity aggregation and yield infrastructure layer, has suffered an exploit that cost the protocol $76 million. The exploit happened just as Echo Protocol was ...
Unleash Protocol, an intellectual property finance platform built on the Story ecosystem, lost about $3.9 million in a security breach, according to blockchain security firm PeckShield. The attacker ...
The XRP Ledger has a direct answer to that risk: flash loan attacks cannot be executed on the network under its current ...
DeFi however is facing growing pressure with major incidents and exploits becoming larger in terms of losses despite ...
The attacker tricked the Butter Network cross-chain bridge into minting millions more tokens than the legitimate supply of MAPO. MAPO, the native token of the Map Protocol, fell 96% on Wednesday after ...
Rhea Finance and the Russia-linked Grinex exchange were hacked for a combined $21 million over the past two days. At least 12 DeFi protocols and crypto businesses have been attacked in just over two ...
DeFi can't stop bleeding, and Wasabi Protocol is the latest to find out why. The protocol, a perpetuals trading platform built on Ethereum and Base, was drained of about $4.55 million on Thursday ...
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