Flash Loan Attack Hits Shibarium Bridge, Draining $2.4 Million
The Shibarium bridge, which connects Shiba Inu’s layer two (L2) network to Ethereum, was targeted in a flash loan exploit that drained around $2.4 million in ether ( ETH) and…
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Crypto Hacks and Scams Cost $300 Million in August
In August, approximately $310.9 million was lost to exploits, hacks, and scams. However, digital assets worth $10.3 million were recovered, resulting in a net loss of $300.6 million. According to…
US Justice Department on the hunt for DeFi hackers and thieves: Report
The U.S. Justice Department’s top crypto cop said that it was a “pretty significant issue,” given the rise of North Korean “state-sponsored hackers.”
Polygon-Based Decentralized Exchange Quickswap Loses $220K in Flash Loan Exploit
On Monday, the Polygon-based decentralized exchange (dex) Quickswap lost $220K in a flash loan exploit and following the attack, the team detailed the Quickswap Lend platform will be terminated. Quickswap…
Bored Ape Yacht Club’s Apecoin DAO Airdrops Millions of Apecoins to NFT Owners
During the last 24 hours, the cryptocurrency community has been discussing the launch of a new token called apecoin (APE), released by the newly-formed Apecoin DAO. At launch, the token…