Aug 28, 2023
As another DeFi hack strikes, Balancer loses nearly $900k
The protocol confirmed the DeFi hack on 27 August and urged affected users to withdraw from impacted liquidity pools.
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As another DeFi hack strikes, Balancer loses nearly $900k
The protocol confirmed the DeFi hack on 27 August and urged affected users to withdraw from impacted liquidity pools.
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Zunami protocol loses $2.1 mln in price manipulation hack
Zunami Protocol, a key player in DeFi, grapples with a $2.1 million loss due to a flash loan hack to manipulate prices.
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$800K in ETH drained after Sturdy Finance falls to hack
Sturdy Finance is the latest to fall victim to a hack, with the hacker running away with $800K in Ether. Here’s what transpired…
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SafeMoon [SFM]: Hackers say ‘relax’ as DEX loses millions in exploit
Decentralized exchange SafeMoon was exploited to the tune of $8.9 million earlier today. The hackers took advantage of a public burn bug to drain one of the DEX’s liquidity pools. Decentralized Finance exchange SafeMoon [SFM] has lost millions of dollars following a compromised liquidity pool. which allowed hackers to exploit the BNB Chain-based DEX. The […]
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Euler Finance: Surprise, surprise! Hacker returns this much of stolen funds
Funds worth over $100 million were returned by the exploiter at press time. DeFi protocols have lost more than $240 million in 2023 due to hacks. The $197-million Euler Finance exploit has been getting more dramatic with each passing day. More than 50% of the stolen funds have been returned as per the latest update […]
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DeFi Hack Linked to North Korea
The $197 million DeFi hack on Euler Finance has been linked to North Korea after blockchain investigator Chainalysis identified that 100 ETH from the stolen funds was transferred to an address associated with North Korea-linked actors. While Chainalysis suspected the involvement of North Korea, it highlighted the possibility of misdirection by other hackers. Euler Labs CEO expressed…
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Euler Finance hacker returns $5.4M
The hacker who drained $197 million from Euler Finance in the biggest DeFi hack of 2023 so far reportedly returned around $5.4 million in Ether to the company. The funds were sent in three transactions from the hacker’s address to Euler Finance’s deployer address, but it remains to be seen if the hacker will return the rest of the stolen funds. (Read More)
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RippleX developers propose cross-chain bridge with protection against hacks
RippleX developers have proposed a cross-chain bridge with a new XRPL standard. The developers have addressed concerns related to bridge hacks, in light of the increasing attacks on cross-chain bridges. Developers from XRP Ledger (XRPL) and Ripple development lab RippleX have proposed a cross-chain bridge for XRPL in a bid to expand potential use cases […]
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