Approximately $181,000 worth of crypto assets was drained from Yield Protocol’s strategic contracts present on the Arbitrum blockchain. Hackers managed to drain funds by exploiting smart contracts of ...
The permissionless, collateralized fixed-rate borrowing and lending market restored operations in May and will now switch out user tokens worth $1.5 million. Yield Protocol announced on June 27 that ...
Welcome to The Protocol, CoinDesk's weekly wrap-up of the most important stories in cryptocurrency tech development. This is Margaux Nijkerk and Sam Kessler, CoinDesk’s Tech team. LIDO AVOIDS MAJOR ...
The crypto market news today just got another security wake up call. Solv Protocol, holding over $1.7 billion in Bitcoin reserves, lost $2.7 million after a ...
A couple of weeks ago, the cryptocurrency community witnessed a “peculiar” and complex exploit within the Raft Protocol, which is described as a decentralized finance (DeFi) platform operating on the ...
The hacks and thefts are too numerous to remember. The crypto sector is a field littered with poorly crafted security protocols, stolen funds, and apologetic management. Most recently, Exactly ...
The blockchain-based perpetual futures swap protocol Levana announced Wednesday that it suffered an exploit that resulted in the loss of about $1.1 million worth of cryptocurrency tokens from its ...
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