Merlin DEX Users to Get $2M Compensation After Rugpull Scam
Blockchain audit firm CertiK will cover the losses of Merlin DEX users affected by a rogue developer who drained the protocol’s liquidity pool. Merlin DEX, a decentralized exchange based on zkSync technology, was exploited for over $1.8 million on Wednesday by a rogue developer with access to the protocol’s smart contracts. The attack happened during […]
Defrost Finance hacker reportedly returns funds
Trading platform Defrost Finance which recently had a network vulnerability has said that the hacker of the V1 platform has reportedly returned the funds. An announcement by Defrost claiming “the hacker engaged in the V1 attack [but not the v2 hack] has refunded the funds” was made just before the action was taken. According to […]
Crypto scammers use black market identities for fraud – CertiK
Blockchain security company CertiK has discovered that crypto scammers have been able to hire people in the black market for the modest sum of $8 to mask their identities while they commit fraud. In a blog post published on November 17, CertiK analysts claimed that they had discovered over 20 underground marketplaces where people could […]
CertiK gives security tips after BAYC’s third hack in 2022
Bored Ape Yacht Club (BAYC) was hacked for the third time this year on June 4th, leading to the loss of about $250,000 worth of NFTs. The sad event prompted Certik to give a few security tips. Hackers obtained access to a BAYC community manager’s Discord account and uploaded a message with a link to […]