Exploits


Finance

Huobi Exchange Users Furious After GALA Holdings Are Converted to ‘Meme Token’

The move came after a bug forced a bridging service to relaunch the wrapped version of GALA that trades on Binance Smart Chain, sparking widespread confusion.

(Piotr Swat/Shutterstock)

Markets

$1B Crypto Hack Fears Spur 20% GALA Plunge, but Firm Implies It Attacked Itself as a Safeguard

"All GALA tokens on Ethereum as well as the underlying bridge collateral are SAFE," an affiliated firm tweeted.

GALA price crashes after exploit speculation. (TradingView)

Opinion

With Hacks at a Record High, Crypto Needs to Find Better Ways to Keep Users Safe

Nearly $3 billion has been lost to protocol exploits so far in 2022, more than double last year’s total, according to blockchain security firm Peckshield.

(Adam Levine/CoinDesk)

Finance

DeFi Protocol Solend Struck by $1.26M Oracle Exploit

The Stable, Coin98 and Kamino lending pools have all been disabled.

(Kevin Ku/Unsplash)

Tech

Rogue Actor Disrupts Lightning Network With a Single Transaction

The individual exploited a Bitcoin block parsing bug that had a downstream effect on certain Lightning nodes.

Man staring out window at lightning storm (Grant Faint/Getty Images)

Tech

Attacker Behind $14.5M Team Finance Exploit Returns $7M

On-chain data shows that four projects affected in the attack received the stolen tokens over the weekend.

(Kevin Ku/Unsplash)

Finance

Crypto Launchpad Team Finance Suffers $14.5M Exploit

The platform has paused all activity till the exploit has been mitigated.

(Kevin Ku/Unsplash)

Tech

Compound Pauses YFI, ZRX, BAT and MKR Supply to Protect Against Potential Exploits

Attackers have recently been exploiting DeFi protocols by manipulating thinly traded tokens and eventually draining liquidity.

(Getty/Seksan Mongkhonkhamsao)

Tech

Polygon-Based DeFi Platform QuickSwap Closes Lending Service After Exploit

Over $220,00 in tokens was stolen on Monday with the use of a flash loan.

Attackers drained all liquidity from the affected QuickSwap pool. (Shutterstock)