Ethereum News

Cetus Exploit: Massive $61M Crypto Fund Conversion to ETH Unveiled by On-Chain Data

In a significant development following a major security incident, a wallet reportedly connected to the **Cetus exploit** has executed a massive conversion of stolen assets. This **crypto exploit** saw millions in various digital currencies moved, and now, the trail continues with a large portion being swapped into Ethereum (ETH). What Did the On-Chain Data Reveal? […]

Blockchain News

Massive Cetus Protocol Hack Shocks Sui Blockchain Ecosystem

The world of decentralized finance (DeFi) on the Sui blockchain was recently shaken by a significant security incident. Reports indicate that the Sui-based decentralized exchange (DEX), Cetus Protocol, has been the target of a major cryptocurrency exploit, resulting in substantial losses. This event underscores the persistent security challenges faced by platforms in the rapidly evolving […]

Ethereum News

ZKsync Makes Strategic Move: Converts Exploit ETH to ZK Tokens

Big news is circulating in the ZKsync ecosystem following a crucial community vote. The zero-knowledge rollup project, ZKsync, has received community approval for a significant proposal. This decision authorizes the ZKsync Security Council to take ETH that was successfully retrieved after the April exploit involving unclaimed airdrop tokens and convert it into ZK tokens. This […]

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 […]