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Crypto exchange Binance is refunding users 1 million Tether ($1 million) over its handling of the CyberConnect (CYBER) token incident.As narrated by the exchange on Sept. 7, a price discrepancy on listed CYBER tokens occurred the week prior due to a liquidity crunch constricting CYBER cross-chain bridges on Korean cryptocurrency
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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.Over two weeks after Curve Finance’s multiple pool exploits, the DeFi protocol has assured the hack victims that it is assessing each impacted
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Curve Finance, a decentralized finance (DeFi) platform for lending stablecoins, has officially stated its intention to reimburse users who were impacted by the recent breach resulting in a $62 million loss from the system. According to a post by Curve Finance, ongoing investigations are yielding progress, with approximately 79% of the
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Crypto wallet Trust Wallet disclosed a security vulnerability that resulted in nearly 170,000 losses for some users. The vulnerability has been patched, according to the company.Trust Wallet found out about the issue through its bug bounty program. A security researcher reported a WebAssembly (WASM) vulnerability in the open-source library Wallet
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Trust Wallet, a popular crypto wallet owned by Binance, has disclosed a WebAssembly (WASM) vulnerability in its open-source library, Wallet Core, that affected some users. A security researcher reported the vulnerability through Trust Wallet’s bug bounty
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“Customers … are responsible for any activity that occurs when those devices or passwords are compromised,” Coinbase told Ferguson in an email, according to the court filing. It added, “Please note you are solely responsible for the security of your email, your passwords, your 2FA codes and your devices.” Source
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Two “whale” addresses appeared to be impacted by the attack, according to Kyber, which plans to reimburse the losses. Kyber said it discovered the exploit, which let attackers insert a “false approval, allowing a hacker to transfer a user’s funds to his address,” on Sept. 1 and “neutralized” the threat
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“The Horizon bridge incident resulted in the loss of $99,340,030.00 worth of digital assets across approximately 65,000 wallets and 14 different asset types,” the developers said Wednesday in a proposal posted on the protocol's governance forum. “The Harmony team feels it is important for the overall strength of the ecosystem
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Sky Mavis, the developer of play-to-earn game Axie-Infinity, will reimburse victims of the $620 million Ronin bridge hack. Original Source
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The round along with Sky Mavis and Axie Infinity funds will be used to refund users. Source
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