Hack

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2020 Marks A Year Of Exit Scams, Thefts And Security Flaws

1 Dec 2020 3 minute read 0 comments CryptoBrowser

Crypto Exchanges Experienced The Full Range Of Social Engineering Scams, Security Breaches And Vulnerability Exploits The past year has been a rollercoaster ride for the world of cryptocurrencies, as modern economies still suffer from the COVID-19-i...

P2P Insurance Network Cover Protocol Executes Claim for Pickle Finance Hack

25 Nov 2020 1 minute read 0 comments Abhimanyu Krishnan

Decentralized insurance coverage network Cover Protocol announced on Nov. 24 that its users had successfully agreed to payout a coverage for the Pickle Finance hack that occurred on Nov. 23. Cover Protocol will cover some of the funds from the $20 m...

Origin Protocol the hacked DeFi put $1M in bounty to identify the criminals

25 Nov 2020 2 minute read 0 comments alberdioni8406

The late hacked smart Defi Origin protocol is conducting a bounty to help recover the stolen funds, the reward will split $1M in assets if someone could give them leads to identify positively the criminals who caused victims to lose more than $7M in...

$20M Stolen from DeFi Project Pickle Finance

23 Nov 2020 1 minute read 14 comments Abhimanyu Krishnan

A hacker has stolen nearly $20 million from DeFi protocol Pickle Finance, according to an official statement on Nov. 22. The hacker had drained 19,759,355 DAI from the pDAI PickleJar (forked versions of Yearn Finance vaults) on Nov. 21  The team con...

KuCoin Resumes Withdrawal Services Nearly 2 Months After Hack

23 Nov 2020 1 minute read 1 comment Abhimanyu Krishnan

According to a blog post published on Nov. 22, KuCoin has resumed deposit and withdrawal services on the exchange following the $281 million hack it suffered in Sep. 2020.  Deposit and withdrawals on the platform have resumed, but some tokens have a...

Hello, DeFi investors, this is Clem Fandango here. Can you hear me? $pickle was good, but putting the future of finance into fermented cucumber memes might not be the answer.

22 Nov 2020 1 minute read 0 comments Crypto_Clem_Fandangogo

Another day another hack. $pickle was fun while it lasted though, right? I mean,  it's from that TV show, Mick and Rorty or whatever, so it must have been on course for having an intrinsic contribution to the world of decentralised finance.    If, b...

new projects restored on Kucoin - 18 nov update

20 Nov 2020 3 minute read 1 comment VNFC

hello everyone let's see how Kucoin is dealing with their 26 sep hack. we are having an 18 november update, so we can compare the evolution since my 30 october article about this. Since then, when 158 projects were restored, now we have 202 . Almost...

Original Dollar (OUSD) Loses $7M Through Flash Loan Attack

17 Nov 2020 1 minute read 0 comments Abhimanyu Krishnan

The Origin Dollar (OUSD) project has lost $7 million in a flash loan attack, the team announced in a blog post published on Nov 17.  The attacker exploited a reentrancy bug in the protocol’s smart contracts, which took place in the middle of a mint;...

Letter to the Harvest Hacker - Start the Greyhat movement

13 Nov 2020 6 minute read 0 comments VLK

Dear Skilful Harvest/DeFi Hacker, The crypto revolution was started by a bunch of ?benevolent? hackers trying to evade or supersede government regulation and control.    Over time it’s become all the rage, and most of the value locked in it belongs t...

DeFi Protocol Akropolis Loses $2M in Flash Loan Attack

13 Nov 2020 1 minute read 2 comments Abhimanyu Krishnan

DeFi Savings protocol Akropolis revealed on Nov. 12 that it had been subject to a flash loan attack, losing over $2 million as a result. The Akropolis team noticed at 14:36 GMT on Nov. 12 that $2 million in DAI had been siphoned out of a Curve and s...