Losses from crypto rug pulls outpaced DeFi exploits in May: Beosin
Over $45 million was lost to exit scams in May while exploits on DeFi protocols racked up less than half that amount over the same period.
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The 10 largest crypto hacks and exploits in 2022 saw $2.1B stolen
Just the top 10 major cryptocurrency exploits garnered over $2 billion for malicious actors in a year that was marred with bankruptcies and collapses.
$100M drained from Solana DeFi platform Mango Markets, token plunges 52%
The platform’s treasury was drained of over $100 million worth of cryptocurrency after an attacker manipulated price data of its native token to take out loans against their holdings.
Inverse Finance exploited again for $1.2M in flashloan oracle attack
No user funds have been affected by the exploit, but Inverse Finance has incurred a debt and offered the attacker a bounty to return the stolen funds.