The attacker used service accounts to drain the project’s bonding curve contracts. The platform quickly restored its services and promised to reimburse affected users.
Plans to burn ill-gotten crypto that can't be returned to victims — instead of dumping it on the market — is attracting praise from some corners of the industry.
The hacker exploited a flaw within the Velocore DEX market maker pool contract. The attack led to Linea blockchain halting block production, sparking debate in the community about the principles of decentralization.
The hacker exploited a flaw within the Velocore DEX market maker pool contract. The attack led to Linea blockchain halting block production, sparking debate in the community about the principles of decentralization.
The attacker used service accounts to drain the project’s bonding curve contracts. The platform quickly restored its services and promised to reimburse affected users.
Plans to burn ill-gotten crypto that can't be returned to victims — instead of dumping it on the market — is attracting praise from some corners of the industry.
Five months after ending its Solana staking service, Lido faces a new hurdle: a suspected bug in the withdrawal mechanism is hindering users' ability to withdraw their stSOL funds.
After the rough week, the NFT platform is set to relaunch, focusing on enhanced security and user compensation. The hack has reignited the debate about vulnerabilities and centralization in blockchain networks, but also effectively pushed Munchables to the top of the news.
According to the agency, cryptocurrency-related investment fraud rose by 53% in 2023, accounting for around 86% of all investment fraud losses in the U.S.
With substantial losses incurred due to a recent SIM swap attack and rug-pull, the importance of adopting secure practices and conducting thorough due diligence is as relevant as ever.
