Main hacker in Transit Swap exploit agrees to return remaining funds
Under the agreement, more than $2 million would be returned to Transit Swap users.
Auto Added by WPeMatico
Under the agreement, more than $2 million would be returned to Transit Swap users.
Majority of the DeFi tokens in Top-100 traded in red barring a few, thanks to the weekend rout in the market correction towards the end of the week.
After a brief network suspension as the result of a cross-chain hack, the activity on the BNB Chain is back online.
“We are deeply sorry,” stated Transit Swap while revealing that a bug in the code allowed a hacker to make away with an estimated $21 million.
The Hong Kong-based group documented its reproduction of the hack on its a tech and security oriented blog, seeking insights into Web3’s attack surface spectrum.
An investigation of MEVbots’ contract revealed a backdoor that allows the creators to drain Ether from its users' wallets.
A new report suggests the Ethereum staking ecosystem could become a formidable industry impacting a wider crypto economy.
The growth of decentralized finance, or DeFi, has made the blockchain industry especially vulnerable to scams and attacks.
The vulnerability in private keys generated by the popular Profanity vanity key generator was noted in January and has already been implicated in at least one major hack.
The CEO of Wintermute has stated that they are “open” to treating the hack as a white hat hack and would speak to the attacker.