Hold onto your crypto wallets! The DeFi world is buzzing after KiloEx, a prominent decentralized exchange, became the latest victim of a significant crypto hack. A staggering $7 million vanished from their vaults in a sophisticated exploit, sending shockwaves through the community. But KiloEx isn’t backing down – they’ve issued a bold ultimatum to the […]
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 […]
In a whirlwind of events in the decentralized finance (DeFi) space, Abracadabra, the platform known for its algorithmic stablecoin MIM, has been thrust into the spotlight following a recent $13 million exploit. But amidst the crypto chaos, a beacon of hope emerges. Abracadabra has swiftly announced a robust plan to repay its users, promising to […]
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 […]
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 […]
In a shocking turn of events for the decentralized finance (DeFi) space, smart contracts associated with popular platforms GMX and Abracadabra have been targeted in a significant exploit. Blockchain security firm PeckShield sounded the alarm on X, reporting a loss of approximately 6,260 ETH, translating to a staggering $13 million. This urgent news has sent […]
Is your DeFi portfolio safe? Alarming reports are circulating within cryptocurrency communities regarding a potential exploit of Hyperliquid’s liquidity pool (HLP). Depositors are reportedly facing significant losses, raising serious questions about the platform’s security and the broader risks within decentralized finance. Let’s dive into the details of this developing situation and understand what it means […]
Exciting news for the WEMIX community! After a temporary halt due to a security incident, the WEMIX team is gearing up to bring back its highly anticipated NFT bridge service. If you’ve been eagerly waiting to seamlessly transfer your digital assets, the wait is almost over. Let’s dive into what this relaunch means for you […]
Hold onto your hats, crypto enthusiasts! The usually smooth path of Ethereum’s development has just hit a snag. News broke out on X (formerly Twitter) from Cointelegraph about a concerning incident impacting the highly anticipated Pectra upgrade. An unknown attacker has reportedly exploited a vulnerability on the Sepolia testnet, causing disruptions and leading to something […]
Hold onto your crypto wallets! Just when you thought the decentralized finance (DeFi) space was becoming a bit more predictable, news breaks of a concerning security incident on Arbitrum, a leading Ethereum Layer-2 scaling solution. Blockchain security firm CertiK has sounded the alarm, reporting a live Arbitrum exploit targeting signature verification processes. This isn’t just […]
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