Seneca Stablecoin Hacker Returns Stolen Funds After Exploit
Seneca stablecoin protocol suffers $6.4M breach due to smart contract flaw. Swift response prompts partial recovery, highlights decentralized protocol security challenges.
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Seneca stablecoin protocol suffers $6.4M breach due to smart contract flaw. Swift response prompts partial recovery, highlights decentralized protocol security challenges.
KyberSwap exchange was hacked for US$48 million, not only demanding control over Kyber's assets, but also seeking authority over the entire protocol and company.
The FTX hacker appears to have moved some of the stolen bridged assets to OKX.
The law reportedly dropped the CRV price from $0.625 to $0.464 over the week.
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It appears that most of the funds transferred off the bankrupt exchange were not moved under the direction of the Bahamian government.
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Hacker warned of legal consequences by Wintermute if stolen funds not returned.
Since the crypto industry expanded its growth, it has become the favorite place for hackers to commit exploits.
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