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Tag: Exploit

DeFi Uncovered: Experiments in Money and Value

DeFi exists on a wide spectrum of innovation and decentralization. In an environment where anyone can codify their view in a smart contract,...

Probing the edge between integrability and quantum chaos in interacting few-atom systems

Thomás Fogarty1, Miguel Ángel García-March2, Lea F. Santos3, and Nathan L. Harshman41Quantum Systems Unit, Okinawa Institute of Science and Technology Graduate University, Onna,...

AfricCypt founders deny stealing billions from customers, claim $5 million lost in a hack.

Raees Cajee, the co-founder of South African crypto investment platform AfriCrypt, has denied claims after it was reported that he and his brother ran off with billions in investor funds. Instead, he asserted that the platform lost $5 million in a hack. As reported previously, AfriCrypt, an asset manager purporting to offer daily returns of […]

Testnet of trading and lending protocol Lendefi now live on Binance Smart Chain (BSC)

The team of Lendefi, a protocol delivering leveraged trading and secured lending for cryptocurrency markets, today announced that its protocol has now been deployed on the Binance Smart Chain testnet. Utilizing an undercollateralized loan model, Lendefi facilitates a trustless relationship between lender and borrower, managed by the protocol to remove counterparty risk. “This milestone takes […]

The post Testnet of trading and lending protocol Lendefi now live on Binance Smart Chain (BSC) appeared first on CryptoNinjas.

Ethereum Classic devs announce upcoming hard fork

Ethereum Classic gets a major upgrade in July. Here’s how it will save users on gas fees.

Overwatch Glitch Shoots Roadhog Into Air, Keeps Him Alive

Overwatch Glitch brings an interesting issue for fans and developers to take a look at.As Overwatch players compete in any game mode, they...

Not So Safe: SafeDollar Stablecoin Falls to $0 After Exploit

Polygon-based DeFi protocol SafeDollar fell to $0 after attackers exploited an infinite mint vulnerability.

What Are Flash Loans? The DeFi Lending Phenomenon Explained

Flash loans are like lending on steroids, and they’ve taken the cryptocurrency world by storm. Here's how they work.

Polygon Based Defi Protocol Becomes Latest Victim of Exploit, Price Crashes to Zero

Polygon-based defi project Safedollar became the latest victim of an exploit earlier today as hackers managed to exploit a security vulnerability in the algorithmic stablecoin’s liquidity pool. The security breach crashed the price of the defi protocol to zero. Hackers managed to initiate an infinite mint and drained $250,000 worth of stablecoins from the liquidity

The post Polygon Based Defi Protocol Becomes Latest Victim of Exploit, Price Crashes to Zero appeared first on Coingape.

Why knowledge graphs are key to working with data efficiently, powerfully

Where does your enterprise stand on the AI adoption curve? Take our AI survey to find out. This post is by Dr....

SafeDollar ‘stablecoin’ drops to $0 following $248,000 DeFi exploit on Polygon

The price of SafeDollar (SDO), an algorithmic decentralized finance (DeFi) stablecoin based on the Polygon (MATIC) blockchain, has plummeted to literally zero as a result of what appears to be an exploit today.

The post SafeDollar ‘stablecoin’ drops to $0 following $248,000 DeFi exploit on Polygon appeared first on CryptoSlate.

DeFi Exploit Streak Hits Polygon, SafeDollar Crashes to Zero

Another decentralized finance protocol (DeFi) appears to have been exploited on Polygon, expanding the list of platforms losing funds.

The post DeFi Exploit Streak Hits Polygon, SafeDollar Crashes to Zero appeared first on BeInCrypto.

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