Defi Hack Alert: NowSwap suffers a $1 million loss due to a cyber attack
According to PeckShield, the DEX protocol, NowSwap experienced a cyber attack which made the firm lose more than $1 million in money. The hackers made off with 535,000 USDT and 158 WETH. USDTs are converted to ETH using 1inch, a distributed network service, and then transferred to Tornado Cash, an anonymous trading platform run by […]
DAO Maker protocol platform loses $7M in latest DeFi exploit
Dao Maker, a crowdfunding platform was hacked, CipherBlade is conducting an investigation into the hack and has identified a Binance account associated with the attacker. Hackers have taken funds from more than 5,000 user accounts on the DAO Maker crowdfunding website, which is used to raise financing for crypto projects. Hackers were able to withdraw […]