Aave hacked via periphery contract — $56K stolen from ‘tip jar’
Aave, which contains assets worth over $11 billion, moved to reassure users that the attack placed no user funds at risk.
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Aave, which contains assets worth over $11 billion, moved to reassure users that the attack placed no user funds at risk.
Promoters once claimed that Merlin Chain had Bitcoin’s seal of approval but investors are tiring of its ‘layer 2’ gimmick.
— DeFi, Jump Crypto
Blockchain researchers are following evidence that suggests Jump liquidated DeFi positions and is sending proceeds to centralized exchanges.
— Compound DAO, DeFi
In what has been branded a 'governance attack,’ controversial Proposal 289 passed a Compound Finance DAO vote with a margin of 52% to 48%.
As well as admitting the error, the white hat requests that Rho Markets suggest what it's going to do to prevent it from happening again.
DeFi darlings Dough Finance, Ethena, and Minterest were hit by major incidents last weekend proving again that the sector can be a minefield.
The technique, known as a 'front-end' attack is a relatively common vector for crypto hackers and has impacted multiple projects in the past.
Linea claims to be 'home to the most innovative web3 projects' but its largest project, ZeroLend, is a low-effort Aave fork.
Solana’s third largest perps platform, 01 Exchange, is a ‘dead’ project but holds $43M mostly made of neglected Alameda Research funds.
Attack transactions show the UwU hacker used ‘flash loans’ which can be used to manipulate asset prices on DeFi apps.