Ethereum DeFi project ‘ForceDAO’ gets hacked hours after launch

ForceDAO, a shiny new decentralized finance (DeFi) project, got attacked by five hackers this morning, reviving concerns around the highly experimental sector and the seemingly unending amounts of money flowing into hours-old projects. ATTENTION Our team is aware of the xFORCE contract exploit and has identified the nature of the issue. There are no further […]

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Hackers steal 3000 ETH from Roll, causing social token price dumps of nearly -100%

This Monday, hackers have stolen at least 3000 ETH ($5.7 million) after breaching the security of Roll, a blockchain ecosystem for the issuance of social tokens and NFTs (non-fungible tokens). Around 3:30 EST, Roll reported suffering a security breach on its platform. Accordingly, a hacker managed to compromised Roll’s private keys to its hot wallet. The attacker […]

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Latest Ethereum DeFi exploit sees $14 million stolen from ‘Furucombo’

DeFi exploits and attacks have become increasingly commonplace as the space evolves and attracts both money and participants. The latest of these attacks took place earlier today and saw over $14 million worth of stolen crypto. Furucombo attacked Furucombo, an Ethereum-based transaction “batching” protocol, said this morning that the platform had been exploited and asked […]

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DeFi platform hacks itself to safeguard users’ funds

The developers of Primitive, Ethereum-based decentralized finance (DeFi) permissionless options protocol, “whitehacked” their own platform after a severe exploit was discovered today. “EMERGENCY ALERT @PrimitiveFi has whitehacked our contracts to safeguard user funds after a critical vulnerability was discovered. Further user action is required to safeguard funds,” Primitive tweeted today. 🚨 EMERGENCY ALERT🚨 @PrimitiveFi has […]

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This “ElectroRAT” malware might be silently draining your Bitcoin

A ransomware has affected users of over three apps in the past year and drained their wallets of hundreds of Bitcoin. The rat wants Bitcoin A new bug identified by researchers that mimics a crypto trading program is said to have affected thousands of users in the past year, a report on security publication Bleeping […]

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Here’s how the Parity Ethereum hacker is cashing out his funds

If you were around in 2017, you likely remember the Parity wallet hack. Here’s some context if you don’t. Parity is an Ethereum infrastructure provider that was in 2017 known for its multi-signature wallet. Multisig is a technology that requires multiple key holders to sign off on transactions to verify them, preventing the stealing of […]

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Ledger data leak leaves crypto community furious, here’s what to do next

Ledger, the popular hardware wallet, said today that data belonging to over 1 million customers was leaked on a hacker forum. Ledger users endure data leak Hardware wallet Ledger said today that details of a database compromised in June were dumped on RaidForums, an infamous online hacking forum, over the weekend. The information has been […]

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Seeming oracle attack causes $100m in Ethereum DeFi liquidations

It appears we just saw our latest DeFi exploit/attack, but this one was much different than all the rest. Bitcoin, Ethereum, and the rest of the crypto market spiked dramatically lower on Wednesday evening as buying pressure finally abated. The running theory is that due to it being Thanksgiving, the buying pressure that had come […]

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How YFI competitor Pickle Finance was exploited for $20m in Ethereum stablecoins

Call it a hack or call it an exploit, yesterday an unknown attacker managed to drain $20 million from an Ethereum-based yield aggregator called Pickle Finance into their own address. This attack was quite different and much more complex than the previous DeFi exploits, though, leaving some to ask if it was an inside hack. […]

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No one is safe: Ethereum DeFi protocol by PayPal co-founder exploited for $7.5m

No one is safe from the ever-growing wave of decentralized finance (DeFi) exploits, not even prominent technologists and investors. Today, an up-and-coming DeFi protocol built on Ethereum by prominent Silicon Valley developers such as Yu Pan, a founding member of PayPal and the earliest Youtube employee, was attacked with a flash loan. This is the […]

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