Decentralized Exchange MM.Finance Suffers $2M Exploit
Cronos-based DeFi project MM.Finance has suffered an exploit to its front-end, losing $2 million. Source
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Suffers
Attackers Steal $80 Million From Rari Capital’s Fuse Platform, Fei Protocol Suffers From Exploit – Bitcoin News
Jamie Redman Jamie Redman is the News Lead at Cryptox.trade News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than
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DeFi Stablecoin Platform Beanstalk Suffers ~$80M Hack
Another DeFi platform took a major hit today, as the decentralized, credit-based stablecoin Beanstalk (with it’s stablecoin $BEAN) has broken it’s peg following a roughly $80M hack. Speculation has been left, right and center and a number of sleuths have been tracking the movement of funds and studying the exploit that
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Axie Infinity’s Ronin Network Suffers $625M Exploit
While the Ronin sidechain has nine validators requiring five signatures for withdrawals meant to protect against these types of attacks, the blog post notes that “the attacker found a backdoor through our gas-free RPC node, which they abused to get the signature for the Axie DAO validator.” Source
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Sudan's Central Bank Warns Against Using Crypto as Economy Suffers: Report
The central bank said that cryptos carry high risks, which includes financial crimes, piracy and the loss of value. Source
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Stablecoin Cashio Suffers 'Infinite Glitch' Exploit, TVL Drops by $28M
Cashio's CASH token has lost almost all its value, as of the time of writing. Source
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Polygon network suffers from extended service outage after upgrade
Layer-2 Ethereum scaling solution Polygon has not produced a new block for over 11 hours, with developers attributing the issue to a technical upgrade on the network.On March 10 at 4:20 pm UTC, Polygon (MATIC) network developers notified users on the project’s forum that there would likely be downtime starting
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Blockchain Bridge Wormhole Suffers Possible Exploit Worth Over $326M
The leader in news and information on cryptocurrency, digital assets and the future of money, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CryptoX is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies
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Ethereum Suffers Worst Month in Nearly 2 Years, SOL Falls Even Harder
Ether (ETH), the native token of the Ethereum blockchain, has suffered its biggest monthly price decline since March 2020, tumbling alongside bitcoin in one of worst-ever starts to a year in cryptocurrency markets.Ether is down 31% in January, while bitcoin (BTC) has fallen 22%.The sell-off also claimed some of the
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Qubit Finance suffers $80 million loss following hack
High-profile hacks have become more prevalent throughout the cryptocurrency market, and Qubit Finance is one of the latest decentralized finance (DeFi) protocols to be exploited by hackers.Hackers were able to access and steal over $80 million from Qubit Finance which is based on Binance Smart Chain the protocol confirmed via
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