Jake Paul-endorsed SafeMoon gets hacked after introducing a bug in upgrade
A public burn function introduced in the latest upgrade allegedly allows users to burn tokens from other addresses.
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A public burn function introduced in the latest upgrade allegedly allows users to burn tokens from other addresses.
The exploiter originally drained $195 million worth of ETH and tokens from the protocol but has now returned around $138 million.
ETH worth over $101 million had been returned to the lending protocol as of March 25. The exploiter still controls part of the stolen assets.
The phishing message on Discord offered “the opportunity to re-claim an additional stake in Arbitrum DAO Governance” while citing issues during the initial token claim drive.
Chances that the hacker will return the entire loot of $197 million remain slim, as no more outbound transactions — other than the 3,000 ETH — were recorded at the…
DeFi suffered its biggest attack this year with a flash loan attack on crypto lending platform Euler Finance and the hackers are belived to be same that exploited a BSC…
Euler is working with law enforcement agencies and blockchain security firms to contact the exploiter and recover the funds.
On March 8, Euler had over $311 million in crypto locked inside its smart contracts. Its total value locked has since fallen to $10.37 million.
French police arrested two individuals in connection with the Platypus exploit in the month of February.
Developers face tradeoffs between making bridges upgradeable to fix bugs versus making them decentralized.