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Platypus Finance, a decentralized finance protocol on the Avalanche blockchain, has recovered 90% of its assets following a recent security breach involving flash loan attacks. Platypus Finance, a DeFi protocol operating on the Avalanche blockchain, announced the recovery of 90% of the assets lost to a security breach last week. On
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Decentralized finance (DeFi) protocol Platypus Finance said it had recovered 90% of assets that were stolen in a security breach last week.According to the October 17 announcement, developers said the protocol's net loss was limited to "18,000 Avalanche," worth $167,400 at the time of publication. As the hacker voluntarily returned
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Avalanche-based Web3 social media app Stars Arena announced that it has secured the funding to cover the $3 million hole left by an exploit on Oct. 6. The team also added that it will re-open the smart contract once a full security audit has occurred. In an announcement on X,
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Avalanche-based decentralized social media protocol Stars Arena received funding to cover up a loss from an earlier hack that caused the project to lose nearly $3 million. Stars Arena announced the news in a social media update. While the platform does not mention the source of the funding, the announcement says
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Stars Arena, a decentralized social media platform built on the Avalanche network, has suffered a major security breach, resulting in the loss
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According to multiple reports, iToken, formerly known as Huobi Wallet, fell victim to a crypto heist in the last week, leading to
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The Stars Arena team has addressed a code flaw in their Avalanche-based social media platform, dismissing critics who they claim are spearheading a “coordinated FUD.” In an Oct. 5 post on X (Twitter), the Stars Arena account said the exploit, which saw attackers extract $2,000, was fixed, adding, “don’t get this
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Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.In this week’s newsletter, September became the biggest month of crypto exploits in DeFi, with over $300 million in losses, and the popular
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The Stars Arena Web3 social media app on Avalanche has lost some of its funds due to a malicious attack, according to social media reports. Stars Arena user Lilitch.eth discovered the exploit on Oct. 5 and announced it on X (formerly Twitter), claiming that over $1 million was lost. The Stars
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Mixin Network has temporarily suspended its deposit and withdrawal services following a major attack, jeopardizing over $200 million in crypto assets. A defi protocol Mixin Network has verified a report from blockchain security firm SlowMist, confirming a hack involving over $200 million. 🚨SlowMist Security Alert🚨On September 23, the Mixin Network cloud service
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