Focuses on the measures and practices employed to protect decentralized finance platforms and user assets from exploits and theft.
Decentralized exchange Ostium has paused all trading operations following reports of a significant oracle exploit affecting its liquidity vault. Initial estimates place the losses between $18 million and $22 million, prompting urgent security reviews and advice for users to revoke contract approvals.
Contrary to fears of an AI-fueled 'hackpocalypse,' data suggests that DeFi hacks and stolen value are actually declining. Learn why the predicted surge in sophisticated AI attacks has not materialized.
Humanity Protocol is enhancing operational security measures after a $36 million exploit, shifting focus from smart contract flaws to human behavioral vulnerabilities in a changing threat landscape.
A recent $1 million loss highlights the persistent danger of approval phishing in crypto. Learn how these scams work and crucial steps to protect your assets from wallet drainers.
BonkDAO, the decentralized autonomous organization governing the popular memecoin Bonk, has reported a significant loss of $20 million due to a sophisticated governance attack. The organization is actively collaborating with law enforcement to track down the perpetrators and recover the stolen assets.
Decentralized prediction market Polymarket has suffered a significant hack, losing $3.1 million in user funds just days after assuring users of full reimbursement. The incident raises further concerns about platform security and transparency.
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