Lossless also plans to ship a security tool that will reportedly aid DeFi projects in preventing hacks and exploits on their platforms.
Hackers News
A computer hacker is any skilled computer expert that uses their technical knowledge to overcome a problem. While "hacker" technically has a neutral connotation, the term was changed by popular culture, which defines a hacker as someone with technical knowledge who uses bugs or exploits to break into computer systems.
The recent outburst of interest in cryptocurrencies triggered some hackers to begin looking through different crypto exchange services. The latest news on hackers show that no one is protected from their interventions. There were already several cases of exchanges hacks. For example, in January 2018 cryptocurrency exchange service Coincheck was hacked and approximately 500 million NEM tokens were removed from exchange, amounting about $385 million stolen. Although Coincheck was capable to compensate all users with its own capital, there is no confidence that bigger incidents won’t take place.
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Cointelegraph spoke to the hacker for insights on the timeline of events, as well as the wider implications of bounty programs on DeFi’s security landscape.
9340Kraken has urged BATMTwo ATM owners and operators to change the admin QR code for their ATMs to avoid potential attacks.
5899NFT collector revealed to be Snoop Dogg, hybrid NFTs are coming, and an investor lost $300,000 in tokens to hackers.
5104Vee Finance says it suffered a $35-million attack just a few days after launching its mainnet on Avalanche last week.
9047SushiSwap’s CTO will instruct their lawyer to “file an IC3 complaint with the FBI” if the suspected hacker doesn’t return the funds.
6398Solana’s validators are preparing a new release after the network was brought down by a sudden surge in transaction volume, while Ethereum evaded a malicious attack.
30299Zabu confirmed that the attacker successfully pulled out 4.5 billion tokens in Zabu Farm Contract and stole around $600K.
9076Cream Finance has identified the AMP integration error that caused a nearly $19 million loss for the protocol and aims to pay users back.
5135The Cream Finance hacker gained $18.8 million by exploiting a reentrancy bug in the AMP token in a set of 17 transactions.
9651Bilaxy cryptocurrency exchange is yet to announce the value of funds lost to a hacking incident that occurred on Saturday.
8763Changing an intelligence agency's perspective on crypto crime is the next step toward a successful crypto investigation.
1891“Binance Smart Chain is becoming an important hub for developers looking to build applications, as demonstrated by the number of DeFi and NFT projects launched on the platform,” said Aaron Henshaw, head of engineering at Coinbase Cloud.
1897The security researcher found a flaw in a Dutch auction smart contract that could have resulted in the loss of 109,000 ETH.
6756“Poly Network has no intention of holding Mr. White Hat legally responsible," said the team.
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