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Category DeFi exploits

MainNewsDeFi exploits
Decentralized Exchange Velocore Confirms Breach, Reports $6.8 Million in Financial Losses

Decentralized Exchange Velocore Confirms Breach, Reports $6.8 Million in Financial Losses

The decentralized exchange Velocore confirmed a breach on its platform on June 2, during which attackers stole ethereum tokens worth an estimated $...
Middle East-Focused Crypto Exchange, Rain, ‘Likely Exploited’ for $14.8 Million, Says Zachxbt

Middle East-Focused Crypto Exchange, Rain, ‘Likely Exploited’ for $14.8 Million, Says Zachxbt

The cryptocurrency exchange Rain, which focuses on the Middle East, was likely exploited for $14.8 million on April 29, according to online crypto ...
Crypto Money Laundering Plummets By 29% In Latest Chainalysis Findings

Crypto Money Laundering Plummets By 29% In Latest Chainalysis Findings

According to a recent report published by crypto analytics firm Chainalysis, money laundering involving crypto assets has experienced a notable dec...
Defi Platform Levana Protocol Says $1.14 Million Was Lost During an ‘Oracle Attack’

Defi Platform Levana Protocol Says $1.14 Million Was Lost During an ‘Oracle Attack’

The decentralized finance platform Levana Protocol confirmed on Dec. 27 that unknown attackers had drained approximately $1.14 million from the liq...
Kyberswap Exploit Fallout: Platform’s Workforce Cut by 50%

Kyberswap Exploit Fallout: Platform’s Workforce Cut by 50%

The CEO of Kyberswap, the decentralized finance aggregator, revealed on Christmas Day that the platform recently laid off 50% of its workforce. The...