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The attacker behind a $573,000 exploit on the multi-chain token bridge, Allbridge, has been offered a chance by the firm to come forward as a white hat and claim a bounty.Blockchain security firm Peckshield first identified the attack on April 1, warning Allbridge in a tweet that its BNB Chain
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At press time Raydium’s liquidity pools held over $37 million in total value locked (TVL), roughly three quarters of the TVL held by Orca, Solana’s top decentralized exchange, according to DeFiLlama. Its native token RAY was worth 23 cents Thursday, per CoinGecko; it has slid two percent in the past
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The hacker behind the exploit of the decentralized finance lending platform Tender.fi has returned the stolen funds for a $97,000 bounty reward in Ether (ETH). The exploit was executed at 10:28 am UTC on March 7, with Tender.fi confirming the incident on Twitter soon after, citing “an unusual amount of borrows”
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The report looks into a particular case of one ransomware strain, Deadbolt, which was active in 2022. Unlike the most infamous ransomware groups like Conti, attacking large organizations for big ransoms, Deadbolt operators chose to target small businesses and individuals and over 2022, received over $2.3 million from around 4,923
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The alleged exploiter of the decentralized finance protocol Mango Markets, Avraham Eisenberg, is seeking to keep his share of crypto gained from his so-called “highly profitable trading strategy.”On Feb. 15, attorneys for Eisenberg filed a motion in a New York District Court objecting to a lawsuit from Mango that asks
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Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.Uniswap, one of the leading decentralized exchange platforms, is integrating debit and credit card support for its users. It will allow Uniswap users to buy
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“This is an absolutely baseless extortion attempt. The individual is falsifying information to come across as legitimate, and they're just trying to extort money out of companies. I'm sure we're not the first company on their list or the only scam they have running,” Jeff Lunglhofer, chief information security officer
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Polkadot, a protocol that connects blockchains, has announced its latest initiative to help its ecosystem fight scams. According to the company, relying on security-minded individuals within its community to fight scams has proven to be an effective method of safeguarding its ecosystem. To incentivize the members of its community to continue
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Forget March Madness, Mango Madness is in season this time of year. The Solana-based lending protocol has been a spectacle unlike any
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Web3 bug bounty and security services platform Immunefi has closed a $24 million Series A funding round, putting the company on track to scale its in-house capacity amid widespread vulnerabilities in the blockchain industry.The funding round was led by the San Francisco-based venture firm Framework Ventures, with additional participation from
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