Thieves compromised BitKeep cryptocurrency wallets after creating an “unofficial” Android app, resulting in the theft of money from user wallets. According to blockchain security services provider …
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Types of blockchain bridges explained
There are multiple types of blockchain bridges, including unidirectional bridges, bidirectional bridges, federated bridges, also known as trusted bridges, sidechain bridges, and cross-chain bridges.
Defrost Finance Hacked in Attack Some Say May Have Been a Rug Pull
The total value of funds locked on the protocol had dropped to less $93,000 on Dec. 25 from about $13 million, Defi Llama data show.
Cross-Chain DEX Rubic Loses Over $1.4M Due To Exploit; $1.3M Already In Crypto Mixer
“Our contract became compromised because the USDC address was whitelisted to interact directly with Rubic,” the company’s official Twitter account stated, explaining the root cause of the issue.
4 Security Threats to Blockchain Networks You Need to Know About
Thinking of investing in cryptocurrency? You first need to know about the security risk posed to blockchain networks.
DeFi flash loan hacker liquidates Defrost Finance users causing $12M loss
Blockchain investigator PeckShield found that the hacker manipulated the share price of LSWUSDC, leading to a gain of roughly $173,000 for the hacker.