Allbridge has given the hacker who was responsible for a $573,000 vulnerability on its multichain token bridge an opportunity to reveal themselves as white hats and collect a reward. A person posing as a liquidity provider and swapper drained the pool of $282,889 in Binance USD (BUSD) and $290,868 worth
On March 28, the DeFi project SafeMoon announced on Twitter that a hacker had gained access to the project’s liquidity pool (LP). SafeMoon has stated it is taking action to rectify the situation as quickly as possible but has not provided any other specifics regarding the assault. Several famous people
The bulk of the funds stolen from the decentralized finance (DeFi) platform Euler Finance in March 2023 seems to have been returned to the platform. Even if part of the funds are still with the exploiter, the Euler hacker reportedly surrendered as much as 51,000 ETH on Saturday. On or
Despite technical difficulties, the Arbitrum team was able to successfully complete the airdrop on March 23. Nevertheless, the team now has to deal with the consequences of hacks and thefts on the platform’s users. Arbitrum’s official Discord channel has been hacked, as reported by several prominent members of the crypto
The DeFi ecosystem has once again become a haven for hackers, as lending protocol, Euler Finance was recently hit by a flash loan assault that resulted in a net loss of approximately $19 million. This was the largest heist of 2023 to date. Since the largest decentralized finance (DeFi) theft
BitGo, a popular cryptocurrency wallet, has fixed a serious flaw that could have exposed the private keys of its retail and institutional users. In December 2022, the Fireblocks cryptography research team discovered the vulnerability and informed BitGo of it. BitGo Threshold Signature Scheme (TSS) wallets were susceptible to the flaw,
According to audit platform BlockSec, the decentralized finance (DeFi) platform Euler Finance was the victim of an attack worth over $196.9 million. Hackers made off with $135.8 million worth of Staked Ethereum (stETH), $33.8 million worth of Circle’s stablecoin USDC, and $8.7 million worth of the decentralized stablecoin DAI. Euler
After finding multiple critical vulnerabilities, leading blockchain security company Verichains recommended companies employing Tendermint’s IAVL proof verification to safeguard their assets and reduce exploitation risks. A significant Empty Merkle Tree vulnerability in the IAVL proof on Tendermint Core, a well-known BFT consensus engine, has been disclosed by Verichains as part
With the lure of a $97,000 Ether reward, the hacker responsible for the vulnerability on the decentralized lending platform Tender.fi has returned the stolen assets. At 10:28 am UTC on March 7, an exploit was carried out, and Tender.fi confirmed the event on Twitter shortly afterward, saying that there had
A portion of BitBNS’s money was compromised on February 1, 2022, although the exchange’s founder, Gaurav Dahake, indicated on March 1 that this wasn’t an unusual occurrence. This comes after the cryptocurrency exchange allegedly hid a $7.5 million hack under the pretext of system maintenance, as tweeted by independent crypto
