Blockchain News

Loopscale Recovery: Solana Protocol Secures Additional $2.14M After Devastating DeFi Exploit

In a significant development for the decentralized finance (DeFi) space, particularly within the Solana ecosystem, the Loopscale protocol has announced a positive step towards restitution following a recent security incident. The news centers around the ongoing efforts for Loopscale recovery, providing a glimmer of hope for users affected by the exploit. Understanding the Recent Loopscale […]

Blockchain News

Shocking Crypto Exploit: MEV Bot ‘Yoink’ Steals $200K in ETH from Wayfinder Airdrop

In a startling turn of events in the crypto world, a sophisticated MEV (Maximal Extractable Value) bot, ironically named “Yoink,” has successfully executed a heist, making off with approximately 119 ETH, equivalent to a staggering $200,000. This audacious act targeted Wayfinder’s PROMPT token airdrop, exposing a critical vulnerability in the distribution process. The incident, first […]

Ethereum News

Urgent Alert: $13 Million Crypto Hack Strikes Abracadabra DeFi, Platform Offers Huge Bug Bounty

Hold onto your hats, crypto enthusiasts! The DeFi world has just witnessed another dramatic turn of events. Abracadabra DeFi, the platform known for its MIM stablecoin and innovative lending solutions, has confirmed a significant security breach. Get ready for a deep dive into the latest DeFi exploit rocking the crypto sphere. What Happened? Abracadabra DeFi […]

Blockchain News

Urgent: GMX Assures Users After $13M Abracadabra DeFi Exploit

In the fast-paced world of decentralized finance (DeFi), security is paramount. Recent news of a $13 million exploit targeting a smart contract linked to both GMX, a decentralized derivatives exchange, and Abracadabra, the platform behind the MIM stablecoin, sent ripples through the crypto community. The burning question on everyone’s mind: Was GMX itself compromised? Let’s […]