In May, cybercriminals were less successful in their attacks on decentralized platforms, resulting in losses attributed to hacks and fraud incidents amounting to approximately $ 52.4 million. During the same period last year, digital assets worth $ 59.3 million were lost to similar attacks. Gala Games, which incurred a loss of $ …
Unknown attackers recently siphoned digital assets valued at just under $ 1.6 million from the decentralized finance protocol, Pike Finance. The protocol announced it is offering a 20% reward for the return of the funds, while an ongoing investigation into the incident continues. USDC Vulnerability The decentralized finance (defi) protocol, Pike Finance, said on …