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Hacking

Multichain under fire from users as hacking losses grow to $3M

Hackers have continued to exploit a critical vulnerability in the cross-chain router protocol (CRP) Multichain that first appeared on Jan 17.Earlier this week, Multichain urged users to revoke approvals for six tokens to protect their assets from being exploited by malicious individuals. However Multichain's announcement on Jan. 17 encouraged more hackers to try the exploit. … [Read more...] about Multichain under fire from users as hacking losses grow to $3M

Recounting 2021’s biggest DeFi hacking incidents

Compound Finance is just one of the latest victims of DeFi hacking incidents in 2021. On Sept. 30, its errant token distribution bug within the Proposal 062 exposed a flaw in which $70 million–$85 million in excess COMP tokens were wrongly distributed to users. Yet, an extra $65 million was placed in a vulnerable vault a few days later, resulting in at least $150 million in … [Read more...] about Recounting 2021’s biggest DeFi hacking incidents

Smart contract exploits are more ethical than hacking… or not?

There has been a lot of talk about the recent “hacks” in the decentralized finance realm, particularly in the cases of Harvest FInance and Pickle Finance. That talk is more than necessary, considering hackers stole more than $100 million from DeFi projects in 2020, accounting for 50% of all hacks this year, according to a CipherTrace report.Related: Roundup of crypto hacks, … [Read more...] about Smart contract exploits are more ethical than hacking… or not?

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Recent Posts

  • Kaspa (KAS) Has Tied with Ethereum Classic (ETC) Among HiveOS Miners
  • New lolMiner 1.70 and BzMiner v13.4.0 Bring More NEXA Performance Improvements
  • SRBMiner-MULTI v2.2.0 Released with Dynex Mining Support for AMD, Nvidia and Intel GPUs
  • Better Mining Efficiency of ZIL with ASICs and Old Low-VRAM GPUs on Ezil.me
  • Now You Can Mine KASPA (KAS) on f2pool With 500K KAS Contest for Miners

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