Exploit

Exploit

Finance

Exploit Involving Aave and Yearn Helped Users Make Money

The exploiter paid back Aave users’ USDT debts on its v1 markets, making the total USDT borrowed stand at zero.

(Getty Images)

Finance

DeFi Protocol Yearn Finance Impacted in Nearly $11M Exploit That Occurred Via Aave Version 1

The exploiter was able to steal millions of U.S. dollar-pegged stablecoins, data shows.

Cypher Protocol suffers exploit (Clint Patterson/Unsplash)

Tech

Huobi and Gala Games to Give $50M to Victims of pGala Scheme

The firms will compensate the scheme’s victims while fighting for millions in damages from the cross-chain bridge that covered up the token-printing scheme.

Money (Alexander Grey/ Unsplash)

Tech

Safemoon LP Exploited for $8.9M; SFM Tokens Remain ‘Safe,' CEO Says

A publicly available token burn function in the contract allowed attackers to manipulate the protocol, some said.

(Zoltan Tasi/Unsplash, modified by CoinDesk)

Finance

Algorand Wallet MyAlgo Advises Users to Withdraw Funds After $9.6M Exploit

John Woods, chief technology officer of the Algorand Foundation, said 25 wallets were affected.

Two RPC interfaces for Polygon and Fantom were impacted in a DNS hijack attack. (Mika Baumeister/Unsplash)

Videos

Duo Involved in Platypus Crypto Exploit Arrested by French Police

Two people alleged to be behind an attack on the decentralized finance (DeFi) protocol Platypus have been arrested, according to a tweet by France's police department. The flash loan exploit drained the protocol of over $9 million in assets and knocked Platypus USD (USP) off its peg. "The Hash" panel shares their insights as French police aren’t naming the suspects or announcing the charges at this time.

Recent Videos

Tech

DeFi Protocol Platypus to Repay at Least 63% of User Funds After $9M Hack

The Avalanche-based protocol worked with crypto exchange Binance to identify the exploiter responsible for last week's attack.

The exploit of Platypus Finance is the latest example of crypto's rampant problem with hackers. (Meg Jerrard/Unsplash)

Tech

BlockTower Capital Loses $1.5M in DeFi Market Aggregator Dexible Exploit: Blockchain Data

The hacker exploited a weakness in a smart contract code, allowing them to drain funds from certain crypto wallets. Crypto “whales” accounted for 85% of the losses.

(Shutterstock)

Markets

USP Stablecoin Loses Dollar Peg as DeFi Protocol Platypus Suffers $8.5M Attack

The flash loan attack caused Platypus Finance’s native stablecoin to fall to 48 cents from $1. The potential loss is $8.5 million, according to blockchain security firm CertiK.

(Getty Images)

Finance

Orion Protocol Loses $3M of Crypto in Trading Pool Exploit

Wallets associated with the event are sending ether through mixer Tornado Cash.

(Orion Protocol, modified by CoinDesk)