Crypto lender Geist Finance shuts down permanently over Multichain hack
The $29 million TVL lending platform is shutting down because its oracles are misreporting Multichain token values after the exploit.
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The $29 million TVL lending platform is shutting down because its oracles are misreporting Multichain token values after the exploit.
A skilled computer security engineer has been charged with wire fraud and money laundering related to an attack on a decentralized exchange.
Chainalysis told Cointelegraph that it was “describing it as a possible rug pull” based on an analysis of Multichain’s spurious transactions and internal problems.
Threads are already seeing potential crypto scammers arrive on the platform as Crypto Twitter personas warn of impersonators on the app.
The Poly Network has been exploited again, this time due to compromised private keys according to blockchain security firm Dedaub.
The statement is the first major update from the wallet provider since the exploit in early June, but users are still in the dark about the actual cause.
An attacker manipulated a “claim multiple” bug in a Level Finance smart contract to steal more than 214,000 LVL tokens from the exchange.
Singapore-based crypto exchange Bitrue has lost millions of U.S. dollars’ worth of ether and other coins in a hack. The trading platform suspended withdrawals until early next week to conduct…
Victims of the SushiSwap exploit have a chance of getting their funds back, whether they were preemptively taken by white hat hackers, or stolen by malicious actors. Returning User Funds...
The bounty, which was offered via an on-chain message, was about $97,000, or 6% of the exploit amount.