The Memecoin mania on Coinbase-supported Base has produced both enormous gains and the possibility of rug pulls. Memecoins are being accumulated by cryptocurrency traders in place of Bitcoin as a result of their potential for larger gains in comparison to Bitcoin’s declining returns. The top memecoins making news this past weekend include BALD, which soared … Read more
South Korean exchange Upbit suspended trading of Curve Finance (CRV) token after a major exploit on the platform. The exploit was caused by a reentrancy bug that affected certain stablecoin pools, putting over $100 million worth of assets at risk. Upbit temporarily halted CRV deposits and withdrawals to protect users from potential losses. Other exchanges … Read more
Copycat attacks on BNB Smart Chain (BSC) led to the theft of cryptocurrency valued at about $73,000. The attacks targeted BSC’s DeFi pools by taking use of flaws in the Vyper programming language used in some versions (0.2.15, 0.2.16, and 0.3.0). Attackers were able to repeatedly call a contract’s function and access cash without authorization … Read more
According to preliminary assessments, the anticipated losses are now in excess of $42 million, with assets worth $100 million at stake. On Sunday, July 30, Curve Finance, the Ethereum-based second-biggest DEX after Uniswap, was the victim of a massive exploit. The exploit often occurred as a result of a weakness in its programming language Vyper. A total … Read more
In the wee hours of Monday morning, the Hacker who was responsible for the theft at Euler Finance finally handed over the remaining sum of $31 million, marking the successful completion of the recovery efforts. The decentralized lending platform was the target of a flash loan attack on March 13, which resulted in the platform … Read more
As Ethereum (ETH) gets ready for its much-anticipated upgrade, which is now being referred to as “Shapella,” the network has come up against a new obstacle in the type of malicious threats on Miner Extractable Value (MEV) bots exchanges. These attacks have caused the network to face new difficulties. An attack of this kind was … Read more
On Monday, March 27, the attorneys representing Sam Bankman-Fried (SBF), the disgraced founder of FTX, said that they had reached (1) a compromise with the US authorities over the new court orders. This new turn of events occurs as the court has brought up the possibility of SBF being detained in jail pending the trial’s … Read more
The cryptocurrency market was jolted earlier this month by a massive hack using decentralized finance (DeFi), which resulted in the hacker’s theft of approximately $200 million by compromising the Euler Finance protocol. But, according to the most recent information (1) available, the hacker has now been releasing portions of the monies. https://twitter.com/dcfgod/status/1640419007823003673 According to data … Read more
According to the documents obtained from the Serbian Business Registry, Terraform Labs co-founder Do Kwon founded (1) an organization in Serbia for less than one dollar a few weeks after being notified with an Interpol red notice. Do Kwon is noted to have received assistance from local supporters in Serbia in establishing a shell corporation … Read more
Verichains, a leading blockchain security solution, recently made an important discovery regarding the widely used Threshold Signature Scheme (TSS). TSS is the feature of a blockchain that empowers a group of stakeholders to jointly issue a payment signature without disclosing the secret signing key. TSS is a multiparty protocol suite that is frequently used in … Read more