Hack

289 Articles 6 Followers


$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...

Monero under attack

11 Nov 2020 1 minute read 2 comments Heruvim78

  Monero was under attack in the past 11 days, a Sybil attack trying to subvert the network reputation using a number of pseudo-anonymous identities, but the developers declared the attacker 'incompetent', as the recent updates were crucial in makin...

The DeFi Sector Suffered From Nearly $100 Million In Hacker Attacks In 2020

11 Nov 2020 1 minute read 0 comments CryptoBrowser

The Lack Of Regulations Combined With A Low Level Of Security Are The Main Reasons Behind Hackers Attacks Hackers in the DeFi sector have been increasing their efforts in 2020, as the sector gained much-needed traction and recognition. According to...

Deloitte's 'Test your Hacker IQ' Proves Vulnerable to being Hacked

10 Nov 2020 1 minute read 2 comments Matthew Rosenquist

A website tied to an event that quizzed people on their hacking knowledge, launched by major a security consultancy firm, is itself vulnerable to being hacked.  This incident showcases a number of important lessons for every organization that wants...