Apr 3
Threat Summary Category: DeFi Governance Compromise / Supply Chain Social EngineeringFeatures: Security council takeover, pre-signed transac
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Threat Summary Category: DeFi Governance Compromise / Supply Chain Social EngineeringFeatures: Security council takeover, pre-signed transac
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Balancer DAO Proposes $8M Recovery Plan Following $110M Exploit That Decimated TVL
Balancer DAO is actively deliberating on an $8 million recovery plan in response to a recent $110 million exploit. This security breach significantly impacted the platform, causing a two-thirds reduction in its Total Value Locked (TVL). The proposal aims to address the aftermath of the incident and restore confidence in the protocol.
THREAT SUMMARY Category: DeFi Protocol Exploit — Cryptocurrency Theft / Blockchain VulnerabilityFeatures: Faulty access control, liquidity p
$30 billion lost in blockchain hacks; security concerns rise
The total amount of losses from blockchain-related hacks shot up to a whopping $30 billion since 2012, exposing the vulnerabilities of the underlying technology.
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Multichain Suspends Operations After Fantom Bridge Sees $122 Million Outflows
On Thursday, July 6, the multichain bridge witnessed abnormally large outflows in what seems to be a multi-million dollar exploit of the platform. A few hours later, Multichain protocol announced that they have suspended the operations. As per reports, multi-chain assets worth a staggering $125 million residing on the cross-chain protocol Multichain outflowed several different The post Multichain…
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Just-In: Yearn Finance Suffers Flash Loan Exploit, Is Aave Also Impacted?
DeFi platform Yearn Finance has suffers a flash loan attack, with millions of funds withdrawn by the hacker. The exploit is concentrated on Aave V1 liquid protocol, blockchain security firm PeckShield reported on Thursday. Yearn security team is aware of the issue and working on a fix. PeckShield in a subsequent tweet revealed that the root cause is likely due to the misconfigured yUSDT, which is…
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Just-In: DeFi Giant Balancer Issues Warning As $6.3 Mn Funds Are Now At Risk
Just-In: DeFi Giant Balancer Issues Warning As $6.3 Mn Funds Are Now At Risk
Decentralized exchange Balancer has issued a warning to its liquidity providers, instructing them to remove their funds from five pools containing a total of $6.3 million. What seems to be a component of a broader potential exploit or a technical flaw, Balancer has been prescribing ways to eliminate it. Balancer Under Damage Control On January 6, at 2:03 a.m. UTC, Balancer took to Twitter in…
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BitGet becomes the latest victim to a DeFi exploit as BitKeep loses more than…
BitGet becomes the latest victim to a DeFi exploit as BitKeep loses more than…
BitKeep lost more than $8 million to a DeFi exploit caused by malicious APK packages The BitKeep team assured compensation for users who have lost funds BitKeep, a non-custodial wallet owned by popular crypto derivatives exchange Bitget, lost millions to a hack. Bitget becomes the latest crypto platform to fall victim to a DeFi exploit […]
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