Smart contract exploits are more ethical than hacking… or not?
There has been a lot of talk about the recent “hacks” in the decentralized finance realm, particularly in the cases of Harvest FInance and Pickle Finance. That talk is more …
FORCE token sees volatile 24 hours following coordinated attack on ForceDAO
Hackers made off with 183 Ethereum (ETH), worth roughly $386,000 at the time of writing, following a coordinated attack on DeFi platform ForceDAO Sunday. Following an initial selloff, ForceDAO’s native …
Default auditing for DeFi projects is a must for growing the industry
The radical opportunity presented by decentralized finance has garnered significant attention from investors and speculators alike. The total value locked in DeFi protocols grew over 2,500% in 2020, from around …
Furucombo to issue iouCOMBO tokens to repay victims of $15M exploit
Decentralized finance transaction combination tool Furucombo will compensate the victims of a recent “evil contract” exploit that cost the protocol $15 million in stolen funds. Following an internal call with …
How wallet platforms are taking on exchanges
One of the biggest trends in recent months has seen Bitcoin flow out of exchanges into wallets. Generally, this is interpreted as a bullish sign — indicating that investors are …
Step by step: How crypto fraud and security breaches are investigated
It’s every exchange’s worst nightmare: Falling victim to a security breach. An incident can disrupt a trading platform’s operations for weeks, affect customer confidence and damage a carefully cultivated reputation …
Creditors of Mt. Gox Bitcoin exchange to vote on draft refund plan
The trustee of hacked and now-defunct cryptocurrency exchange Mt. Gox has posted another update on the long-running process of refunding the exchange clients. Nobuaki Kobayashi, a Tokyo attorney appointed to …
Finance Redefined: One hack to bring down a whole market, Feb 10–17
Finance Redefined is Cointelegraph’s DeFi-centric newsletter, delivered to subscribers every Wednesday. The Alpha Homora and Cream Finance hack has made a gigantic mark in the DeFi space this week. It …
US charges three North Korean hackers over crypto attacks and WannaCry ransomware
On Wednesday, the U.S. Department of Justice announced charges against three North Korean operatives. Making the announcement, Assistant Attorney General John C. Demers condemned the North Korean program, the most …
Yearn.Finance puts expanded treasury to use by repaying victims of $11M hack
Major decentralized finance protocol Yearn.Finance (YFI) has restored its yDAI vault in the aftermath of a $11 million exploit by hackers. Yearn announced Tuesday that they opened a Maker vault …