Approximately $181,000 worth of crypto assets was drained from Yield Protocol’s strategic contracts present on the Arbitrum blockchain. Hackers managed to drain funds by exploiting smart contracts of ...
While AI-powered tools are getting better at coding, errors still occur and can cost millions, as an example from this week ...
The permissionless, collateralized fixed-rate borrowing and lending market restored operations in May and will now switch out user tokens worth $1.5 million. Yield Protocol announced on June 27 that ...
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Lending protocols top DeFi hack targets with 67 historical exploits
Lending protocols are some of the most active DeFi apps. Due to the heavy usage of smart contracts, they are also the most at risk for hacks and exploits. Lending protocols logged the biggest number ...
Sui-based yield trading platform Nemo Protocol has announced a debt token compensation program for users affected by a $2.59 million exploit on September 7. The repayment plan comes after the ...
A couple of weeks ago, the cryptocurrency community witnessed a “peculiar” and complex exploit within the Raft Protocol, which is described as a decentralized finance (DeFi) platform operating on the ...
The blockchain-based perpetual futures swap protocol Levana announced Wednesday that it suffered an exploit that resulted in the loss of about $1.1 million worth of cryptocurrency tokens from its ...
The hacks and thefts are too numerous to remember. The crypto sector is a field littered with poorly crafted security protocols, stolen funds, and apologetic management. Most recently, Exactly ...
Ethical hacking might sound like a contradiction in terms, but it’s actually an important tool when it comes to an organization's cyber security. An ethical hacker, also known as a white hat hacker, ...
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