Abracadabra Money recently faced a security incident involving its gmCauldrons, resulting in a loss of about 13 million MIM. The gmCauldrons, which allow users to leverage gmTokens for borrowing MIM or using yield-bearing LP tokens, are essential to the Abracadabra ecosystem. Despite several audits and ongoing monitoring, the exploit still ...
DeFi lending protocol DeltaPrime has issued an ultimatum to the perpetrators of its recent $4.8 million hack. In a November 13 X post, the protocol’s co-founder, Gavin Hasselbaink, warned that legal action will be taken if the attacker fails to engage in dialogue, and efforts to track down the individual ...
Banana Gun, a cryptocurrency trading bot on Telegram, has announced that it will refund users the $3 million lost during a recent hack involving 11 attackers. BOT INCIDENT RECAP First of all, we’re humbled by the incredible bot activity on Banana Gun, even after last week’s incident. Thank you all ...
WazirX has suffered a major security breach on one of its multisig wallets, resulting in losing $230 million in customer funds. The crypto exchange disclosed the incident in the early hours of Thursday, July 18, and noted that its team is actively investigating the breach. It noted that it has ...
Following the recent security breach on its platform, the Loopring Team has advised users who have experienced asset loss to contact them on their funds. "If you've experienced asset loss during the Loopring Smart Wallet compromise event, please contact us," the Loopring team stated in a recent social media post. ...
Sonne Finance, a DeFi lending protocol, has paused operations of its markets on the Optimism network following an exploit by a hacker who has been able to siphoned off up to $20 million worth of digital assets from the platform. The attack was brought to public attention by blockchain sleuthing ...
An ethical hacker, operating under the ENS name "c0ffeebabe.eth," has managed to recover 2,879 ETH (worth around $5.4 million) from the total assets lost during the recent Curve Finance exploit. DeFi protocol Curve Finance suffered a major hack on July 30, 2023. The hack was carried out in two stages. ...
Conic Finance, a DeFi protocol managed by Curve DEX, has suffered a significant exploit resulting in a hacker making away with 1700 ETH, valued at more than $3.2 million. Security experts from BlockSec revealed that the attacker exploited a reentrancy flaw within Conic Finance to drain funds from the protocol. ...
Rodeo Finance, a DeFi protocol, has suffered an exploit that resulted in a loss of $888,000 from its coffers. The attacker took advantage of a programming flaw in the protocol's Oracle, manipulated an asset's price, and stole more than 472 ETH. PeckShield described the exploit as a "ForceInvestment" hack. The ...
Sturdy Finance, a decentralized finance (DeFi) protocol, recently suffered a security breach that resulted in the loss of 442 ETH, equivalent to over $800,000. The breach was a result of a flaw in the protocol's price oracle, which allowed the hacker to exploit the vulnerability and drain funds from the ...
