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The hacker was able to withdraw more tokens than were initially deposited. There appears to be a rising case of DeFi exploits and multichain lending protocol Hundred Finance may be the latest victim. According to a recent announcement by the protocol, attackers found a loophole to successfully manipulate the exchange rate
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Ethermint enables the use of Ethereum smart contracts within the Cosmo ecosystem and is employed by several chains, including Cronos, Kava, and Canto. Source
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On April 12, the day before the exploit, 27% of the total USDT pool was loaned out, but at press time the amount of USDT borrowed on Aave’s v1 protocol now stands at $0.00. Roughly $1.31 million USDT is available for liquidity, according to the website for Aave’s v1 USDT
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The MetaPoint exploit once again casts doubt on the fortification of blockchain technology after the platform lost more than 2,500 BNB. Metaverse platform MetaPoint recently experienced an exploit that cost roughly $1 million in Binance Coin (BNB). According to reports, the cyber attackers made away with 2,515 BNB, raising concerns about
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Terraport Finance, the recently launched decentralized finance (DeFi) project on the Terra Classic network has been hacked, with 15 billion LUNC drained from the protocol. 15 billion LUNC and 9.7 million TERRA wiped from liquidity wallet In a tweet on April 10, 2023, Terraport Finance announced a breach in the protocol’s liquidity
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“It should be well known, with a lot of funds raised, a lot of developers and reputable investors, a lot of hype around it and relevant to what’s happening in crypto at the moment,” Ilya said. Projects satisfying these criteria right now include zksynk, StarkNet and LayerZero, and everything related
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‘White hat’ hackers are working to recover more of the stolen funds as of Monday. Source
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A bug on a smart contract on the decentralized finance (DeFi) protocol SushiSwap led to over $3 million in losses in the early hours of April 9, according to several security reports on Twitter. Blockchain security companies Certik Alert and Peckshield posted about an unusual activity related to the approval function
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Maximal Extractable Value (MEV) bots who were trying to perform “sandwich trades” got outsmarted by a rogue validator, leading to a loss of $25 million worth of digital assets. In a tweet, blockchain security firm CertiK highlighted that bots trying to execute sandwich transactions — spotting when traders are trying to
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