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“# Finance Redefined: Near’s $800M fund, Miami embraces crypto, Oct. 22–29 ” Welcome to the latest edition of Cointelegraph’s decentralized finance (DeFi) newsletter. The DeFi space was full of fundraising this week. Read on to discover where the venture capital firm led by Reddit’s co-founder is making notable investments. What you’re about to read is…
“# THORChain concludes 2 security audits following summer exploits ” Cross-chain liquidity protocol THORChain has fully recovered from two summer exploits that compromised millions of dollars in user funds after the company announced Thursday that it had received passing grades in a new security audit. The simultaneous audits, which were carried out by cybersecurity companies…
“# BREAKING: Cream Finance appears to have suffered major loss in flash loan hack ” Decentralized lending platform Cream Finance appears to have suffered a severe exploit on Wednesday, with an attacker stealing over $100 million worth of funds through a large flash loan attack. Blockchain data analytics company PeckShield first identified the flash loan…
“# Immunefi to bolster DeFi security service with new funds ” DeFi security platform Immunefi has announced a $5.5 million funding from a panoply of eleven institutional investors including Blueprint Forest, Electric Capital, Framework Ventures and Bitscale Capital, in addition to a series of private individuals. Immunefi will utilize the funds to advance its services…
“# YouTube channels hacked and rebranded for live-streaming crypto scams ” A new report shared by Google’s Threat Analysis Group (TAG) highlights an ongoing phishing campaign against YouTube creators, typically resulting in the compromise and sale of channels for broadcasting cryptocurrency scams. The TAG attributes the attacks to a group of hackers recruited in a…
“# CoinMarketCap hack reportedly leaks 3.1 million user email addresses ” CoinMarketCap, a price-tracking website for cryptocurrencies, has reportedly fallen victim to a hack that leaked 3.1 million user email addresses. The information came into light after the hacked email addresses were found to be traded and sold online on various hacking forums, and revealed…
“# Polygon pays $2M bounty on bug which could have compromised $850M in user funds ” White hat hacker Gerhard Wagner has earned $2 million after reporting a solution to a potentially costly “double-spend” bug on the Polygon network. In an Oct. 21 blog post from Immunefi, a security service that helps facilitate bug reports…
“#Twitch hacked as creator payments, source code leaked: report” Amazon-owned streaming giant Twitch has reportedly been hit with a hack and had its source code, internal security tools and data on how much it pays creators leaked online. An anonymous hacker posted 125 GB of Twitch data posted on the online message board 4chan, Video…
“# DeFi security project ‘Lossless’ helps recover $16.7M from Cream Finance hack ” Lossless, a decentralized finance, or DeFi, security outfit has assisted in the recovery of 5,152.6 Ether (ETH) siphoned during the Cream Finance exploit that occurred in August. Tweeting on Monday, Lossless identified white hat security expert Pascal Caversaccio as being pivotal to…
“# White hat hacker paid DeFi’s largest reported bounty fee ” Belt Finance, an automated market maker (AMM) protocol operating a yield optimization strategy on Binance Smart Chain (BSC), claims to have paid the largest bounty in the history of decentralized finance (DeFi) to a white hat hacker who averted a $10-million bug crisis. Industry…