ParaSwap Community Votes to Compensate Hack Victims
ParaSwap's community has agreed to use treasury funds to compensate victims of the Augustus V6 contract vulnerability, highlighting the project's commitment to its users' security.
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ParaSwap's community has agreed to use treasury funds to compensate victims of the Augustus V6 contract vulnerability, highlighting the project's commitment to its users' security.
Blast ecological Web3 game platform Munchables suffered a hacker attack. The hacker made a profit of approximately 17,413.96 ETH and lost over 62 million W.
2022 was the worst year ever for cryptocurrency theft, with $3.7 billion stolen. However, by 2023, stolen funds decreased by approximately 54.3% to $1.7 billion.
Curve Finance mitigates a $73.5M hack through community-led efforts, enhancing user trust while highlighting security needs.
KyberSwap's unfortunate fall to a $50 million DeFi hack underscores the persistent challenges faced by decentralized platforms in safeguarding user assets. The aftermath sees users scrambling to secure their holdings, and the protocol grappling with a significant reduction in Total Value Locked. The hacker's bold message adds a layer of uncertainty, signaling potential negotiations in the aftermath of the exploit.
The breach has since been resolved, and Bitfinex assures customers that no funds were lost.
According to Peckshield, the breach has incurred a financial loss of approximately $2 million.
This figure was disclosed by Dunamu, the operator of Upbit, to Park Sung-jung, a member of the National Assembly's Science, Technology, Information, Broadcasting and Communication Committee today.
In 2009, Satoshi Nakamoto released the Bitcoin white paper and open source code, and since then, there has been an open spirit in the crypto industry. From the very beginning, anyone can copy the code, change the way of marketing, launch "own" coin and network