Sturdy Finance loses $800K In Oracle Attack
Sturdy Finance, a decentralized lending platform, lost $800,000 in a security breach on Saturday. An unidentified hacker exploited a reentrancy vulnerability and manipulated a faulty price oracle to drain funds from the Protocol. Sturdy Finance, a decentralized lending platform, suffered a major security breach on Saturday, losing 442 ether (ETH), worth about $800,000 at the […]
ParaSpace team, CEO Clash Over Protocol Funds
On May 10, nonfungible tokens (NFT) financialization protocol ParaSpace published several alleged irregularities linking its CEO, founder, and CTO Yubo Ruan to the mismanagement of 2,909 Ether recovered via a white-hat interception on March 18. Ruan denied any misconduct, writing: “manufacturing claims intending to seize control and compel me to resign as CEO. This is […]
KuCoin Recovers Twitter Account After Hackers Scammed Users
KuCoin, a crypto exchange platform, has announced that it has regained control of its official Twitter account after hackers posted a fake giveaway and stole over $22,000 from users. According to a tweet from KuCoin , the hackers compromised the exchange’s Twitter handle for about 45 minutes on April 24th. During that time, they posted […]
Over $5 million exploited in recent DeFi hacks on Aave and Yearn Finance
As DeFi hacks continue to plague the cryptocurrency industry, PeckShield, blockchain security firm reports that Aave and Yearn Finance are the latest protocols to be targeted by exploiters. Aave’s version 1 was impacted, while versions 2 and 3 remained unaffected. The oldest version has been frozen since December 2022, and the team behind the lending […]
Hacked vanity addresses used to steal $500K ARB tokens
In the Arbitrum airdrop hack, an individual reportedly compiled vanity addresses eligible for ARB airdrops, which were then used to steal $500,000 worth of tokens from the layer-2 scaling solution airdrop on March 23. A vanity address is a personalized cryptocurrency address that comprises unique words or phrases chosen by the user to make it […]