The industry for decentralized finance (DeFi) was shaken up by yet another significant attack during the last week of March. The hack on the DeFi protocol Euler Financial, which resulted in the loss of an enormous $196 million, is now the largest DeFi hack that has occurred in 2023. When investigating the specifics of the … Read more
In response to the recent $9.1 million security breach, Platypus Finance has established a compensation webpage for its customers. Users are able to check how much the platform owes them by using this portal, which operates in accordance with the decentralized finance (DeFi) protocol. The Platypus team clarified that in the event that customers uncover … Read more
The two individuals believed to have exploited the Platypus Protocol have been taken into custody by the French National Police. The police department confirmed the arrest after it was announced (1) on the official Twitter handle of the organization. The authorities did not reveal the names of the individuals or the charges that have since … Read more
Hackers took advantage of a flaw in the liquidity pool of the decentralized finance (DeFi) platform Acala, which is based in Polkadot, and caused its aUSD stablecoin to fall by 99%. This caused the list of not-so-stable stablecoins to gain a new entry. According to data provided by CoinGecko, the value of the stablecoin dropped … Read more
Attacks on the non-fungible token (NFT) community’s most recent targets include NFT influencer Zeneca and NFT registration service PREMINT. Users were duped into linking their wallets by a phony airdrop for the influencer’s “Zen Academy Founders Pass” tied to Zeneca’s social media pages late on Tuesday. Everyone wants to be doing something special for the … Read more