Exploits


Tech

Compound Founder Says $80M Bug Presents ‘Moral Dilemma’ for DeFi Users

While Robert Leshner seemed to briefly threaten users with the IRS, the reality is that he – and the rest of the Compound Labs community – are now relying on the goodwill of users.

Compound founder Robert Leshner shoots a shotgun. (Robert Leshner)

Tech

DeFi Money Market Compound Overpays Millions in COMP Rewards in Possible Exploit; Founder Says $80M at Risk

Compound erroneously paid out millions in liquidity mining rewards following an update to one of its smart contracts. In one transaction, $27 million was claimed.

(Kelly Sikkema/Unsplash)

Tech

Vee Finance Hit for $35M in Second Major Exploit on Avalanche

The platform was attacked for a total of 8804.7 ETH (around $26 million) and 213.93 BTC (around $9 million).

(Clint Patterson/Unsplash)

Tech

Avalanche-Based Zabu Finance Sees $3.2M Hack

The attacker used Zabu’s “Transfer Tax” mechanism to mint tokens, sending their value to zero.

hacker hands

Markets

Poly Network Sends Bounty as Attacker Holds $141M Hostage

Ethereum blockchain transaction records confirm the transfer of 160 ETH (about $480,000) to the "Poly Network Exploiter 2" wallet address.

poly network attacker exploit hacker

Markets

Poly Network Attacker Threatens to Delay Return of Funds

"WHAT A FUNNY GAME," the Poly Network attacker wrote into a transaction on the Ethereum blockchain.

poly network attacker exploit hacker

Markets

Poly Network Hack Not Over as Attacker Prolongs Return of Funds

The attacker now says they are considering accepting the $500,000 bounty offered by Poly Network as a reward for returning the funds, and using it to pay anyone else who can hack the DeFi site.

Screengrab from message encoded into the Ethereum blockchain by the Poly Network attacker.

Tech

Crypto Panhandlers Beg Poly Network Attacker for Share of $613M Haul

First came the attack. Then came the moochers.

UK - London - Busker's pitch coins

Markets

Thorchain's RUNE Token Tumbles After 2nd Exploit in 2 Weeks

The latest exploit cost the blockchain protocol $8 million.

Lately, Thorchain has had to battle with attackers everywhere.