Justin Sun, Tron...
The controversial Binance Smart Chain is back on the news. Apparently, the Dapps it hosts have been the target of eight flash loan hacks in the last few days. Unofficially, it’s rumored that the amount lost is close to a whopping one billion dollars. Binance thinks “well organized hackers are targeting BSC now.” Twitter is skeptical, but that...
Cross-protocol flash loans are coming to Cream Finance. Protocol-to-Protocol Flash Loans on Cream Finance The lending protocol will allow other protocols to borrow from its pools through its Iron Bank feature....
Cream Finance was drained of $37.5 million earlier this morning. Cream Finance Exploited The DeFi space has suffered yet another attack. This time, the Cream Finance protocol was affected. The team confirmed that it was investigating "a potential...
An attacker targeted DeFi protocol Alpha Finance for a sum of $37.5 million earlier this morning. The exploit was found in the protocol's Alpha Homora V2 product--not Cream Finance, as many suspected. Another DeFi Exploit The DeFi space has suffered yet another attack. ...
Origin Protocol suffered a devastating flash loan attack in November, resulting in $7 million worth of losses. Now, the team has relaunched its stablecoin, OUSD, which was affected by the incident. Origin Revamps Stablecoin Origin Protocol allows DeFi users to capture yield on their holdings in Tether (USDT),...
However you look at it, 2020 was a year of seismic change for the crypto industry and beyond. The Black Swan that swept the world caused immense devastation, upending life for millions of people on every corner of the globe. To date, Coronavirus has claimed over 1.5 million lives, to say nothing of the economic...
Origin Protocol has been drained of $7 million. The incident occurred late last night as part of a sophisticated attack involving a 70,000 ETH flash loan. Origin's co-founder Matthew Liu...
The latest flash loan attack in the decentralized finance world has caused a total loss of $6 million.
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