Several reports that have recently surfaced have revealed the extent of losses that crypto platforms and users faced during 2023 as a product of exploits and hacks. TRM Labs’ latest report states that the number ascended to $ 1.7 billion, while De.fi, another Web3 security firm, states that this number reaches higher, to $ …
Luke Dashjr, bitcoin developer and Mummolin’s CTO, has reiterated his negative opinion about Ordinal inscriptions, stating these leverage and exploit a vulnerability in the Bitcoin Core full node software implementation. Dashjr also hinted at correcting this “exploit” in an upcoming version of the Bitcoin node software. Luke Dashjr Divides BTC Community, States Inscriptions Could Be […]
In the month of September, digital assets worth approximately $ 332 million were siphoned from trading platforms via methods that include flash loan attacks, exit scams, and exploits. The value of digital assets stolen through exploits rose from $ 13.5 million in August to nearly $ 330 million in September. Mixin Kernel …
According to cybersecurity firm Certik, nearly $ 1 billion in cryptocurrency has been pilfered due to scams, rug pulls, and exploits throughout 2023. The company highlighted that the combined incidents in August alone led to a loss of $ 45.8 million. Certik Analysis: Cryptocurrency Losses Near $ 1 Billion The digital security …
In the wake of July’s unprecedented wave of decentralized finance (defi) breaches, including Curve Finance’s staggering $ 62 million exploit, the defi economy has plummeted into a gloomy state. Hovering perilously close to dipping beneath the $ 40 billion threshold, the total value locked (TVL) in defi hangs on by a thread. Concurrently, …