Curve hacker not in the clear despite returning $50M of stolen funds
Curve reportedly sent the hacker a message telling them they could keep 10% of the stolen funds if they returned the rest.
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Curve reportedly sent the hacker a message telling them they could keep 10% of the stolen funds if they returned the rest.
— DeFi
DeFi 2023 was supposed to solve the problem of centralized crypto collapses in 2022 like FTX, Celsius, Voyager, and Terra LUNA.
Most DeFi protocols are controlled by a small number of smart contracts whose keys are held by one person or a tiny group of insiders.
— BarnBridge, Crypto
DeFi protocol BarnBridge DAO immediately halted operations after a lawyer warned that token-holders could be personally liable.
Arcadia Finance has said that it's in contact with the exploiter who drained $455,000 in a hack made possible through code vulnerabilities.
Since teasing a new version of its decentralized exchange protocol, Uniswap has been accused of co-opting the community's open-source ethos.
Threats against DeFi protocols can come from all sides and include hackers, governance attacks, and potentially vulnerable third-party code.
A mass sell-off of Multichain's MULTI token was sparked by rumors that its team had been arrested and that its assets may be compromised.
The Uniswap governance forum is again debating whether to activate the protocol’s 'fee switch,' which would finally see it accrue revenue.
Will the second $1,000 crypto phone in the past five years do better than its predecessor, the Finney? Early indicators aren't too promising.