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Tag: DeFi hacks

How Crypto, AI are Influencing Future of Finance – CryptoCurrencyWire

In recent years, the landscape of cryptocurrency has witnessed significant transformations. In addition to the stimulus-fueled boom of 2021, venture capital (VC) companies invested...

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Total Value of Crypto Stolen From DeFi Platforms in 2023 Plummets by 63.7% Year-on-Year: Chainalysis – The Daily Hodl

Blockchain analysis firm Chainalysis says the value of crypto assets that cybercriminals stole in 2023 went down by more than 50% compared to 2022,...

Socket Resumes Operations After Users Lost $3.3M To Exploit – The Defiant

Hackers took advantage of a faulty Socket smart contract that was updated three days agoSocket, a cross-chain interoperability protocol, has resumed operations after suffering...

Web3 Projects Lose $2,020,000,000 in 2023 to Hacks, Rug Pulls and Phishing Attacks: Crypto Security Firm – The Daily Hodl

Web3 projects lost more than $2 billion in 2023 to hacks, rug pulls and phishing scams, according to the blockchain security firm Beosin. In a...

Hacker pleads guilty to $12M Solana DeFi hacks in first smart contract fraud conviction

Shakeeb Ahmed, a security engineer who exploited two Solana DeFi apps, has pleaded guilty, according to statements from authorities on Dec. 14.Damian Williams, United...

DeFi Hacks Usually Come Down to Poor Security: Halborn COO – Decrypt

The tech industry has had its eyes fixed on artificial intelligence, and cybersecurity professionals are lining up to find vulnerabilities and patch security holes...

DeFi revenue remains resilient despite Curve Finance hack

Decentralized finance (DeFi) services revenue is rising, despite the recent US$73 million hack on Curve Finance, a stablecoin-focused decentralized exchange (DEX) and lending protocol.Over...

Axie Infinity: A Guide on How to Play and Earn

The Vietnamese play-to-earn captured the headlines in 2021 but still remains a mega-hitFor anyone interested in web3, Axie Infinity is a name that carries...

Still no Bitcoin ETF, Azuki enraging its holders, and Poly Network hacked again

Story OneStill no Bitcoin ETFEven though major banks now offer digital asset solutions, what's missing so far in the US is a Bitcoin Spot...

Atomic Wallet Hacked: Largest Victim Reportedly Lost 2.8M USDT

The non-custodial decentralized crypto wallet Atomic Wallet – with a reported user base of over five million customers – said some of its...

The Viability of FDIC and SIPC in DeFi – The Daily Hodl

HodlX Guest Post  Submit Your Post   In the US, government-supported organizations protect most traditional finance users by providing a sort of insurance on their deposits. Among other...

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