Key Takeaways Radiant Capital, a decentralized finance (DeFi) platform, recently fell victim to a flash loan attack, resulting in a loss of 1,900 ETH, approximately $4.5 million. The exploit targeted a newly created market for USDC Coin (USDC) on the…
Key Takeaways Orbit Chain, a cross-chain protocol, fell victim to a significant breach as hackers exploited its bridging service, Orbit Bridge, siphoning a total of $82 million. The unauthorized access was confirmed on December 31 at 08:52 PM +UTC, leading…
Three hours before 2024 officially began, hackers took $82 million from the cross-chain protocol Orbit Chain via the bridging service Orbit Bridge.
Key Takeaways Catalyx, a prominent Canadian cryptocurrency exchange, has taken a significant step by suspending all trading activities, deposits, and withdrawals in response to a security breach. The company, CatalX CTS Ltd., suspects the involvement of one of its employees…
KyberSwap's team had to reduce its workforce by half to maintain business operations after the November $48.8 million hack.
Key Takeaways In a groundbreaking development, Shakeeb Ahmed, a senior security engineer for an international technology company, pleaded guilty in a New York court on Thursday in connection with two significant cryptocurrency hacks. Ahmed, arrested in July, was linked to…
Key Takeaways In a recent setback for decentralized finance (DeFi) stalwart Yearn.finance, a scripting error has led to a loss of $1.4 million from its treasury. Earlier this week, a flawed multisignature script caused a substantial portion—63%—of Yearn’s treasury to…
Key Takeaways In a recent turn of events, Venus Protocol, a decentralized finance (DeFi) platform running on the Binance Chain, found itself in the midst of a price oracle hiccup that resulted in borrowed funds totaling approximately $270,000 on December…
Crypto trading platform Cypher has released a strategy to recover from its $1 million exploit, indicating that it will "socialize" losses across the community.
Exactly's TVL stood at over $36 million before the hack but fell to $10 million post-attack
