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“# 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…
“# Vulnerable: Kraken reveals many US Bitcoin ATMs still use default admin QR codes ” Kraken Security Labs has said that a “large number” of Bitcoin ATMs are vulnerable to hacking as the administrators never changed the default admin QR code. In a Sept. 29 blog post, Kraken posted research from its Security Labs team…
“# Nifty News: Snoop’s $17M NFT collection, movie sold as NFT, QAnon espouser sells tweets ” Hip-hop icon Calvin Cordozar Broadus Jr., also known as Snoop Dogg, has revealed himself to be the pseudonymous NFT collector “Cozomo de’ Medici.” While Snoop has not provided further clarification beyond a Sept. 21 tweet unveiling his digital identity,…
“# DeFi platform Vee Finance exploited for $35M on Avalanche blockchain ” Decentralized finance (DeFi) platform Vee Finance reported $35 million losses in the latest exploit, just a few days after launching the mainnet on the Avalanche network. After pausing services due to suspicious activity on Sept. 20, Vee Finance confirmed that its platform was…
“# SushiSwap’s token launchpad, MISO, hacked for $3M ” Joseph Delong, chief technology officer of decentralized finance (DeFi) platform SushiSwap, announced that a hacker compromised the supply chain of its token launchpad platform, MISO. According to Delong, the “anonymous contractor with the GH handle AristoK3 injected malicious code into the Miso front end,” replacing the auction…
“# Solana and Arbitrum knocked offline while Ethereum evades attack ” Surging Ethereum rival, Solana (SOL), has shed 15% of its value over the past 24 hours after suffering a denial-of-service disruption. On Sept. 14 at 12:38 pm UTC, Twitter account Solana Status announced that Solana’s mainnet beta had been suffering intermittent instability over a…
“# Zabu token price flatlines after $3.2M attack on Avalanche blockchain ” Zabu Finance, a DeFi application on the Avalanche blockchain, has reportedly been exploited for crypto tokens worth $3.2 million. The removal of a large number of tokens eventually reduced the value of Zabu tokens to zero. Zabu Finance announced the exploit by asking…