Euler finance hacker transfers stolen funds to crypto mixer
Euler Finance hacker has begun transferring assets to the cryptocurrency mixer Tornado Cash hours after a $1 million reward was offered for information leading to the perpetrator’s identification. PeckShield, a blockchain analytics company, tweeted on March 16 that the perpetrator of the flash loan attack on Ethereum’s noncustodial lending protocol was “on the run.” The […]
Hope Finance loses $2M in recent exploit
Arbitrum-based decentralized finance (DeFi) project Hope Finance has lost users’ funds worth about $2 million as a result of a recent smart contract exploit. On February 21, the issue was reported by Web3 security company CertiK in response to a tweet from the Hope Finance account warning customers of the fraud. It is challenging to […]
Defrost Finance reveals refund plans following hack
Decentralized leverage-trading platform Defrost Finance plans to refund the cash to their legitimate owners after retrieving the funds lost in a recent flash loan exploit worth about $12M. Defrost said in a Medium post that it would soon be returning the assets to its original owner and will be using a certain procedure. All Ether […]
Serum Exchange Declared Defunct
Serum exchange has been rendered ‘defunct’ following the collapse of the crypto trading platform, Alameda and crypto exchange FTX The Solana-based decentralized exchange (DEX) has informed its community that its program is now “defunct” due to the failure of its backers, FTX and Alameda.Despite ongoing difficulties, the project’s team expressed that “there is hope” due […]
FTX On The Verge Of Potential Hack Due To Outflows
The people in charge of FTX seemed to confirm rumors that Telegram had been hacked by telling users to delete FTX apps and stay away from its website. Late Friday night, more than $600 million in crypto left the wallets of the bankrupt crypto company. There isn’t a clear reason why.Soon after, FTX announced on […]