Euler Finance was exploited in a flash loan attack that drained hundreds of millions of decentralized stablecoins and synthetic ERC-20 tokens.
Ethereum-based noncustodial lending protocol Eurler finance faced a flash loan attack on March 13, with the attacker managing to steal millions in Dai, staked Ether (StETH) and wrapped Bitcoin (WBTC).According to on-chain data, as per the last update, the exploiter carried out multiple transactions, stealing nearly $196 million. The ongoing attack has already become the largest hack of 2023.
https://cointelegraph.com/news/euler-finance-hacked-for-over-195m-in-a-flash-loan-attack
Topic: DeFi hacks [history] - page 7. (Read 19555 times)
https://thesis.neworder.network/#defi-landscape-consolidation-of-power-amongst-a-few-dominant-players
"Even as the number of DeFi applications has increased to around 1400 dapps, the top five Dapps still control a sizable portion of the total market. This occurrence is largely due to certain applications dominating specific sectors within the DeFi market. For example, Uniswap is the dominant player in the decentralized exchange (DEX) market, holding a market share of 59% by volume, an increase from 43.2% since the bear market. This pattern of dominance can be seen across other categories as well, with Lido leading in the liquid staking market, dYdX in the derivatives market, and MakerDAO in the lending and borrowing market. As most demand is concentrated among a few applications, these apps have an incentive to build out app-specific blockchains in order to extract as much value as possible from the blockchain and into the application itself."
"Even as the number of DeFi applications has increased to around 1400 dapps, the top five Dapps still control a sizable portion of the total market. This occurrence is largely due to certain applications dominating specific sectors within the DeFi market. For example, Uniswap is the dominant player in the decentralized exchange (DEX) market, holding a market share of 59% by volume, an increase from 43.2% since the bear market. This pattern of dominance can be seen across other categories as well, with Lido leading in the liquid staking market, dYdX in the derivatives market, and MakerDAO in the lending and borrowing market. As most demand is concentrated among a few applications, these apps have an incentive to build out app-specific blockchains in order to extract as much value as possible from the blockchain and into the application itself."
On March 9, Hedera successfully disabled IP proxies, cutting off network access.
The network’s token, Hedera (HBAR), has dropped 9% in the previous 24 hours.
The developers of the Hedera Hashgraph distributed ledger have revealed that some tokens from the network’s liquidity pool were stolen due to a smart contract vulnerability on the Hedera Mainnet. The hacker, according to Hedera, went after tokens in DEXs’ liquidity pools that used code adapted from Ethereum’s Uniswap v2 and deployed on its Hedera Token Service.
https://thenewscrypto.com/hacker-steals-tokens-from-hedera-exploiting-smart-contract-vulnerability/
The network’s token, Hedera (HBAR), has dropped 9% in the previous 24 hours.
The developers of the Hedera Hashgraph distributed ledger have revealed that some tokens from the network’s liquidity pool were stolen due to a smart contract vulnerability on the Hedera Mainnet. The hacker, according to Hedera, went after tokens in DEXs’ liquidity pools that used code adapted from Ethereum’s Uniswap v2 and deployed on its Hedera Token Service.
https://thenewscrypto.com/hacker-steals-tokens-from-hedera-exploiting-smart-contract-vulnerability/
https://beincrypto.com/hacker-returns-stolen-funds-defi-lending-tender-fi/
White Hat Hacker Rewarded $97,000, Returns Stolen Funds to DeFi Lending Platform Tender.fi
The hacker behind the exploit of the decentralized finance lending platform Tender.fi has returned the stolen funds for a $97,000 bounty reward in Ether.
DeFi lending platform Tender.fi sees $1.59 million of assets drained by an alleged white hat hacker taking advantage of a misconfigured oracle.
According to the DeFi data analytics platform DefiLlama, the total value hacked in DeFi amounts to more than $5 billion.
White Hat Hacker Rewarded $97,000, Returns Stolen Funds to DeFi Lending Platform Tender.fi
The hacker behind the exploit of the decentralized finance lending platform Tender.fi has returned the stolen funds for a $97,000 bounty reward in Ether.
DeFi lending platform Tender.fi sees $1.59 million of assets drained by an alleged white hat hacker taking advantage of a misconfigured oracle.
According to the DeFi data analytics platform DefiLlama, the total value hacked in DeFi amounts to more than $5 billion.
The next month of 2023 has ended, during which 7 Defi projects were attacked by hackers: BonqDAO, Orion, dForce Network, Platypus Finance, Hope Finance, Flexible, LaunchZone.
According to Defi Llama for the month of February 2023, Defi projects lost a total of $21.41 million in assets.
According to Defi Llama for the month of February 2023, Defi projects lost a total of $21.41 million in assets.
Quote from: https://defillama.com/hacks
Arbitrum DEX ArbiSwap Rug Pulls Users for Over $100K
ArbiSwap’s native ARBI tokens fell from $1.5 to a fraction of a cent in the past 24 hours.
https://www.coindesk.com/tech/2023/03/02/arbitrum-dex-arbiswap-rug-pulls-users-for-over-100k/
ArbiSwap’s native ARBI tokens fell from $1.5 to a fraction of a cent in the past 24 hours.
https://www.coindesk.com/tech/2023/03/02/arbitrum-dex-arbiswap-rug-pulls-users-for-over-100k/
https://cointelegraph.com/news/700-000-drained-from-bnb-chain-based-defi-protocol-launchzone
$700,000 drained from BNB Chain-based DeFi protocol LaunchZone
BNB Chain-based DeFi protocol LaunchZone claims an exploit led to $700,000 of funds being drained from its liquidity pool, with its native token plunging in value.
"$700,000 worth of funds has been drained from BNB Chain-based decentralized finance (DeFi) protocol LaunchZone, with the project alleging an attacker carried out an exploit.
Details remain scarce after more than 80% of funds in the LaunchZone liquidity pool were drained on Feb. 27. A message on the project’s official Telegram group warned users not to buy tokens until more information has been gathered:"
$700,000 drained from BNB Chain-based DeFi protocol LaunchZone
BNB Chain-based DeFi protocol LaunchZone claims an exploit led to $700,000 of funds being drained from its liquidity pool, with its native token plunging in value.
"$700,000 worth of funds has been drained from BNB Chain-based decentralized finance (DeFi) protocol LaunchZone, with the project alleging an attacker carried out an exploit.
Details remain scarce after more than 80% of funds in the LaunchZone liquidity pool were drained on Feb. 27. A message on the project’s official Telegram group warned users not to buy tokens until more information has been gathered:"
Suspects in $9M DeFi platform Platypus attack arrested in France
French police have arrested suspects alleged to have stolen over $8 million from the decentralized finance (DeFi) platform Platypus Finance.
https://coingeek.com/suspects-in-9m-defi-platform-platypus-attack-arrested-in-france/
French police have arrested suspects alleged to have stolen over $8 million from the decentralized finance (DeFi) platform Platypus Finance.
https://coingeek.com/suspects-in-9m-defi-platform-platypus-attack-arrested-in-france/
https://www.coindesk.com/markets/2023/02/16/usp-stablecoin-loses-dollar-peg-as-defi-protocol-platypus-suffers-85m-attack/
USP Stablecoin Loses Dollar Peg as DeFi Protocol Platypus Suffers $8.5M Attack
"The flash loan attack caused Platypus Finance’s native stablecoin to fall to 48 cents from $1. The potential loss is $8.5 million, according to blockchain security firm CertiK.
Decentralized finance (DeFi) protocol Platypus Finance suffered a flash-loan attack on Thursday, blockchain security firm CertiK tweeted. The potential loss in the exploit is $8.5 million.
Platypus USD (USP), the protocol’s stablecoin, lost its price peg to the dollar as a result of the exploit, falling to 48 cents from its $1 anchor, according to CoinGecko.
"For now all operations are paused until we get more clarity," a Platypus team member posted in the protocol's Discord server."
USP Stablecoin Loses Dollar Peg as DeFi Protocol Platypus Suffers $8.5M Attack
"The flash loan attack caused Platypus Finance’s native stablecoin to fall to 48 cents from $1. The potential loss is $8.5 million, according to blockchain security firm CertiK.
Decentralized finance (DeFi) protocol Platypus Finance suffered a flash-loan attack on Thursday, blockchain security firm CertiK tweeted. The potential loss in the exploit is $8.5 million.
Platypus USD (USP), the protocol’s stablecoin, lost its price peg to the dollar as a result of the exploit, falling to 48 cents from its $1 anchor, according to CoinGecko.
"For now all operations are paused until we get more clarity," a Platypus team member posted in the protocol's Discord server."
Norwegian Authorities Seize $5.9M From Crypto Game Axie Infinity Hack
The economic crime unit said it is the biggest crypto seizure ever made by Norwegian police.
https://www.coindesk.com/policy/2023/02/16/norwegian-authorities-seize-59m-from-crypto-game-axie-infinity-hack/
The economic crime unit said it is the biggest crypto seizure ever made by Norwegian police.
https://www.coindesk.com/policy/2023/02/16/norwegian-authorities-seize-59m-from-crypto-game-axie-infinity-hack/
https://thenewscrypto.com/defi-protocol-dforce-exploited-of-3-65-million-by-hacker/
DeFi Protocol dForce Exploited of $3.65 Million by Hacker
"Initial funding of 0.99ETH was transmitted from the DeFi system RAILGUN Project.
dForce said the assault, which affected just its wstETH/ETH-Curve vault, had been stopped.
To the tune of $3.6 million in cryptocurrency, an assault on the reentrancy vulnerability of the decentralized finance (DeFi) protocol dForce has resulted in the theft of funds. Curve Finance is an automated market maker (AMM) platform. That uses the Arbitrum and Optimism blockchains, and its vault was the target of the hack."
DeFi Protocol dForce Exploited of $3.65 Million by Hacker
"Initial funding of 0.99ETH was transmitted from the DeFi system RAILGUN Project.
dForce said the assault, which affected just its wstETH/ETH-Curve vault, had been stopped.
To the tune of $3.6 million in cryptocurrency, an assault on the reentrancy vulnerability of the decentralized finance (DeFi) protocol dForce has resulted in the theft of funds. Curve Finance is an automated market maker (AMM) platform. That uses the Arbitrum and Optimism blockchains, and its vault was the target of the hack."
CoW Swap hacker milks over 550 BNB using ‘solver’ exploit
Security firm PeckShield reported that the hacker successfully drained roughly 551 BNB off CoW Swap into Tornado Cash, which was worth around $181,600 at the time of writing.
https://cointelegraph.com/news/cow-swap-hacker-milks-over-550-bnb-using-solver-exploit
Security firm PeckShield reported that the hacker successfully drained roughly 551 BNB off CoW Swap into Tornado Cash, which was worth around $181,600 at the time of writing.
https://cointelegraph.com/news/cow-swap-hacker-milks-over-550-bnb-using-solver-exploit
reserve
2023 DeFi hacks. Continuation
1 post has exhausted the limit of information, the continuation will be in this post
January 4, 2023
RTFKT COO Nikgopalani $0,173M
https://bitcointalksearch.org/topic/m.61547671
January 12, 2023
LendHub loses $6M
https://bitcointalksearch.org/topic/m.61703100
February 1,2023
BonqDAO protocol suffers $120M
https://bitcointalksearch.org/topic/m.61691280
February 3,2023
Orion Protocol $3M
https://bitcointalksearch.org/topic/m.61709050
February 9,2023
CoW Swapl $0,182M
https://bitcointalksearch.org/topic/m.61740866
February 10,2023
DeFi Protocol dForce $3,65M
https://bitcointalksearch.org/topic/m.61746599
February 16,2023
DeFi Protocol Platypus $8,5M
https://bitcointalksearch.org/topic/m.61802035
February 27,2023
DeFi Protocol LaunchZone $0,7M
https://bitcointalksearch.org/topic/m.61837040
March 13,2023
Euler Finance $196M
https://bitcointalksearch.org/topic/m.61904478
March 13,2023
PeopleDAO $0,12M
https://bitcointalksearch.org/topic/m.61916813
March 26,2023
Kokomo Finance $4M
https://bitcointalksearch.org/topic/m.61998945
March 29,2023
DEFISafeMoon $8,9M
https://bitcointalksearch.org/topic/m.62004227
April 4, 2023
Exploiter Front Runs $25M
https://bitcointalksearch.org/topic/m.62037817
April 10, 2023
SushiSwap $3,3M
https://bitcointalksearch.org/topic/m.62067347
April 13, 2023
Yearn Finance $11M
https://bitcointalksearch.org/topic/m.62115758
April 16, 2023
Hundred Finance Protocol $7.4M
https://bitcointalksearch.org/topic/m.62151334
April 25, 2023
zkSync DEX Merlin $1.82M
https://bitcointalksearch.org/topic/m.62152558
May 1, 2023
Level Finance $1M
https://bitcointalksearch.org/topic/m.62189833
May 10, 2023
Deus Finance $6M
https://bitcointalksearch.org/topic/m.62225011
May 20, 2023
Swaprum $3M
https://bitcointalksearch.org/topic/m.62333807
May 25, 2023
ZachXBT: $31.6M
https://bitcointalksearch.org/topic/m.62299944
May 30, 2023
Jimbos Protocol: $7.5M
https://bitcointalksearch.org/topic/m.62334136
June 12, 2023
Sturdy Finance: $0.8M
https://bitcointalksearch.org/topic/m.62406071
June 14, 2023
Hashflow: $0.6M
https://bitcointalksearch.org/topic/m.62409187
June 27, 2023
Chibi Finance: $1M
https://bitcointalksearch.org/topic/m.62475146
July 04, 2023
Poly Network: $5M
https://bitcointalksearch.org/topic/m.62503144
July 07, 2023
Multichain Fantom Bridge: $126M
https://bitcointalksearch.org/topic/m.62515049
July 12, 2023
Arcadia Finance: $0.455M
https://bitcointalksearch.org/topic/m.62539307
July 17, 2023
Rodeo Finance: $0.888M
https://bitcointalksearch.org/topic/m.62572884
July 21, 2023
Conic Finance: $3.2M
https://bitcointalksearch.org/topic/m.62582178
July 26, 2023
Era Lend: $3.4M
https://bitcointalksearch.org/topic/m.62604116
August 1, 2023
Curve Finance: $52M
https://bitcointalksearch.org/topic/m.62631337
August 2, 2023
Kannagi Finance: $3.4 M
https://bitcointalksearch.org/topic/m.62636636
August 8, 2023
decentralized exchange Cypher: $1 M
https://bitcointalksearch.org/topic/m.62669792
August 14, 2023
Steadefi: $1.1 M
https://bitcointalksearch.org/topic/m.62704762
August 14, 2023
Aave’s Earning Farm: $0.287 M
https://bitcointalksearch.org/topic/m.62704762
August 14, 2023
Uwerx: $0.327 M
https://bitcointalksearch.org/topic/m.62704762
August 14, 2023
Zunami Protocol: $2.1 M
https://bitcointalksearch.org/topic/m.62704762
August 30, 2023
Exactly Protoco: $7.3 M
https://bitcointalksearch.org/topic/m.62769424
August 30, 2023
Magnate Finance: $6.4 M
https://bitcointalksearch.org/topic/m.62769424
September 05, 2023
Stake.com: $41 M
https://bitcointalksearch.org/topic/m.62804160
September 20, 2023
Harbour: $0,25 M
https://bitcointalksearch.org/topic/m.62875589
September 20, 2023
MBL Computer: $0,8 M
https://bitcointalksearch.org/topic/m.62875589
September 27, 2023
Mixin Network: $200 M
https://bitcointalksearch.org/topic/m.62908895
October 08, 2023
Galxe platform: $0,15 M
https://bitcointalksearch.org/topic/m.62980429
October 11, 2023
Star arena: $0,274 M
https://bitcointalksearch.org/topic/m.62980886
October 12, 2023
Platypus Finance: $2 M
https://bitcointalksearch.org/topic/m.62983709
to be continued..
__
hacked DeFi bridges
https://gist.github.com/cwhinfrey/9fd1bbc31bbcff08fca242b90c7f875d
1 post has exhausted the limit of information, the continuation will be in this post
January 4, 2023
RTFKT COO Nikgopalani $0,173M
https://bitcointalksearch.org/topic/m.61547671
January 12, 2023
LendHub loses $6M
https://bitcointalksearch.org/topic/m.61703100
February 1,2023
BonqDAO protocol suffers $120M
https://bitcointalksearch.org/topic/m.61691280
February 3,2023
Orion Protocol $3M
https://bitcointalksearch.org/topic/m.61709050
February 9,2023
CoW Swapl $0,182M
https://bitcointalksearch.org/topic/m.61740866
February 10,2023
DeFi Protocol dForce $3,65M
https://bitcointalksearch.org/topic/m.61746599
February 16,2023
DeFi Protocol Platypus $8,5M
https://bitcointalksearch.org/topic/m.61802035
February 27,2023
DeFi Protocol LaunchZone $0,7M
https://bitcointalksearch.org/topic/m.61837040
March 13,2023
Euler Finance $196M
https://bitcointalksearch.org/topic/m.61904478
March 13,2023
PeopleDAO $0,12M
https://bitcointalksearch.org/topic/m.61916813
March 26,2023
Kokomo Finance $4M
https://bitcointalksearch.org/topic/m.61998945
March 29,2023
DEFISafeMoon $8,9M
https://bitcointalksearch.org/topic/m.62004227
April 4, 2023
Exploiter Front Runs $25M
https://bitcointalksearch.org/topic/m.62037817
April 10, 2023
SushiSwap $3,3M
https://bitcointalksearch.org/topic/m.62067347
April 13, 2023
Yearn Finance $11M
https://bitcointalksearch.org/topic/m.62115758
April 16, 2023
Hundred Finance Protocol $7.4M
https://bitcointalksearch.org/topic/m.62151334
April 25, 2023
zkSync DEX Merlin $1.82M
https://bitcointalksearch.org/topic/m.62152558
May 1, 2023
Level Finance $1M
https://bitcointalksearch.org/topic/m.62189833
May 10, 2023
Deus Finance $6M
https://bitcointalksearch.org/topic/m.62225011
May 20, 2023
Swaprum $3M
https://bitcointalksearch.org/topic/m.62333807
May 25, 2023
ZachXBT: $31.6M
https://bitcointalksearch.org/topic/m.62299944
May 30, 2023
Jimbos Protocol: $7.5M
https://bitcointalksearch.org/topic/m.62334136
June 12, 2023
Sturdy Finance: $0.8M
https://bitcointalksearch.org/topic/m.62406071
June 14, 2023
Hashflow: $0.6M
https://bitcointalksearch.org/topic/m.62409187
June 27, 2023
Chibi Finance: $1M
https://bitcointalksearch.org/topic/m.62475146
July 04, 2023
Poly Network: $5M
https://bitcointalksearch.org/topic/m.62503144
July 07, 2023
Multichain Fantom Bridge: $126M
https://bitcointalksearch.org/topic/m.62515049
July 12, 2023
Arcadia Finance: $0.455M
https://bitcointalksearch.org/topic/m.62539307
July 17, 2023
Rodeo Finance: $0.888M
https://bitcointalksearch.org/topic/m.62572884
July 21, 2023
Conic Finance: $3.2M
https://bitcointalksearch.org/topic/m.62582178
July 26, 2023
Era Lend: $3.4M
https://bitcointalksearch.org/topic/m.62604116
August 1, 2023
Curve Finance: $52M
https://bitcointalksearch.org/topic/m.62631337
August 2, 2023
Kannagi Finance: $3.4 M
https://bitcointalksearch.org/topic/m.62636636
August 8, 2023
decentralized exchange Cypher: $1 M
https://bitcointalksearch.org/topic/m.62669792
August 14, 2023
Steadefi: $1.1 M
https://bitcointalksearch.org/topic/m.62704762
August 14, 2023
Aave’s Earning Farm: $0.287 M
https://bitcointalksearch.org/topic/m.62704762
August 14, 2023
Uwerx: $0.327 M
https://bitcointalksearch.org/topic/m.62704762
August 14, 2023
Zunami Protocol: $2.1 M
https://bitcointalksearch.org/topic/m.62704762
August 30, 2023
Exactly Protoco: $7.3 M
https://bitcointalksearch.org/topic/m.62769424
August 30, 2023
Magnate Finance: $6.4 M
https://bitcointalksearch.org/topic/m.62769424
September 05, 2023
Stake.com: $41 M
https://bitcointalksearch.org/topic/m.62804160
September 20, 2023
Harbour: $0,25 M
https://bitcointalksearch.org/topic/m.62875589
September 20, 2023
MBL Computer: $0,8 M
https://bitcointalksearch.org/topic/m.62875589
September 27, 2023
Mixin Network: $200 M
https://bitcointalksearch.org/topic/m.62908895
October 08, 2023
Galxe platform: $0,15 M
https://bitcointalksearch.org/topic/m.62980429
October 11, 2023
Star arena: $0,274 M
https://bitcointalksearch.org/topic/m.62980886
October 12, 2023
Platypus Finance: $2 M
https://bitcointalksearch.org/topic/m.62983709
to be continued..
__
hacked DeFi bridges
https://gist.github.com/cwhinfrey/9fd1bbc31bbcff08fca242b90c7f875d
Orion Protocol Hacked, $3 Million Lost: Here's How
PeckShield, a reputable cryptocurrency security research team, unveils the design of alleged attacks against Orion Protocol. Meanwhile, its team says only internal funds were at risk. Orion Protocol hacked for $3 million thanks to well-known bug: PeckShield According to the statement shared by PeckShield representatives on Twitter, Orion Protocol, a popular liquidity machine for CEXes and DEXes, suffered a hacker attack today, Feb. 3, 2023.
PeckShield, a reputable cryptocurrency security research team, unveils the design of alleged attacks against Orion Protocol. Meanwhile, its team says only internal funds were at risk. Orion Protocol hacked for $3 million thanks to well-known bug: PeckShield According to the statement shared by PeckShield representatives on Twitter, Orion Protocol, a popular liquidity machine for CEXes and DEXes, suffered a hacker attack today, Feb. 3, 2023.
https://twitter.com/peckshieldalert/status/1620452597105676291?
"#PeckShieldAlert ~24 exploits grabbed $8.8M in January 2023.
As of January 31st, 2023, ~$2.6M worth of stolen funds (~2,668 $BNB & 1,200 $ETH) were transferred into Mixers (TornadoCash, Fixedfloat, and sideshift[.]ai)."
https://crypto.news/lendhub-loses-6m-to-hackers/
LendHub loses $6m to hackers
According to a report issued by the team on Friday, DeFi digital asset lending firm LendHub has lost $6 million in digital assets on its network.
"#PeckShieldAlert ~24 exploits grabbed $8.8M in January 2023.
As of January 31st, 2023, ~$2.6M worth of stolen funds (~2,668 $BNB & 1,200 $ETH) were transferred into Mixers (TornadoCash, Fixedfloat, and sideshift[.]ai)."
https://crypto.news/lendhub-loses-6m-to-hackers/
LendHub loses $6m to hackers
According to a report issued by the team on Friday, DeFi digital asset lending firm LendHub has lost $6 million in digital assets on its network.
The BonqDAO protocol lost $120 million as a result of a hacker attack, where the hacker used the method of manipulating the price of the ALBT token, so he informed the protocol that the cost of the ALBT token is equal to 5 billion MATIC, which the protocol actually agreed with, despite the fact that the BonqDAO protocol has an oracle from Chainlink.
Source: https://cointelegraph.com/news/bonqdao-protocol-suffers-120m-loss-after-oracle-hack
https://twitter.com/BonqDAO/status/1620908233761378304
https://twitter.com/peckshield/status/1620926816868499458
Source: https://cointelegraph.com/news/bonqdao-protocol-suffers-120m-loss-after-oracle-hack
https://twitter.com/BonqDAO/status/1620908233761378304
https://twitter.com/peckshield/status/1620926816868499458
https://cointelegraph.com/news/hackers-takeover-azuki-s-twitter-account-steal-over-750k-in-less-than-30-minutes
Hackers breach Azuki’s Twitter account, stealing $758K in 30 minutes
Most of the funds stolen were from a single wallet, with $751,321.80 in USDC drained from the malicious link.
https://twitter.com/emilyrosemcg/status/1619046380533854209?
"AZUKI OFFICIAL TWITTER ACCOUNT IS HACKED.
DO NOT CLICK LINKS FROM OUR ACCOUNT.
PLEASE RETWEET."
Hackers breach Azuki’s Twitter account, stealing $758K in 30 minutes
Most of the funds stolen were from a single wallet, with $751,321.80 in USDC drained from the malicious link.
https://twitter.com/emilyrosemcg/status/1619046380533854209?
"AZUKI OFFICIAL TWITTER ACCOUNT IS HACKED.
DO NOT CLICK LINKS FROM OUR ACCOUNT.
PLEASE RETWEET."
Another Defi Hack
https://bitcointalksearch.org/topic/defi-hacks-history-5267124
https://twitter.com/BonqDAO/status/1620908233761378304
"Bonq protocol was exposed to an oracle hack, where exploiter increased the ALBT price and minted large amounts of BEUR. The BEUR was then swapped for other tokens on Uniswap. Then, the price was decreased to almost zero, which triggered the liquidation of ALBT troves."
BonqDAO protocol suffers $120M loss after oracle hack
https://cointelegraph.com/news/bonqdao-protocol-suffers-120m-loss-after-oracle-hack
Subscribe to the project's twitter and discord. If the project does not die, they will publish an article on how they will recoup the losses.
https://bitcointalksearch.org/topic/defi-hacks-history-5267124
https://twitter.com/BonqDAO/status/1620908233761378304
"Bonq protocol was exposed to an oracle hack, where exploiter increased the ALBT price and minted large amounts of BEUR. The BEUR was then swapped for other tokens on Uniswap. Then, the price was decreased to almost zero, which triggered the liquidation of ALBT troves."
BonqDAO protocol suffers $120M loss after oracle hack
https://cointelegraph.com/news/bonqdao-protocol-suffers-120m-loss-after-oracle-hack
Subscribe to the project's twitter and discord. If the project does not die, they will publish an article on how they will recoup the losses.
https://techcrunch.com/2023/01/24/north-korea-fbi-harmony-horizon-crypto/
FBI accuses North Korean government hackers of stealing $100M in Harmony bridge theft
"The FBI accused two groups of North Korean government hackers of carrying out last year’s heist of $100 million in crypto stolen from a company that allows users to transfer cryptocurrency from one blockchain to another.
On Monday, the FBI announced that the Lazarus Group and APT38 — two groups linked to the North Korean government by both cybersecurity companies and government agencies — were responsible for the hack against the Horizon bridge, created by the U.S. company Harmony, in June 2022."
FBI accuses North Korean government hackers of stealing $100M in Harmony bridge theft
"The FBI accused two groups of North Korean government hackers of carrying out last year’s heist of $100 million in crypto stolen from a company that allows users to transfer cryptocurrency from one blockchain to another.
On Monday, the FBI announced that the Lazarus Group and APT38 — two groups linked to the North Korean government by both cybersecurity companies and government agencies — were responsible for the hack against the Horizon bridge, created by the U.S. company Harmony, in June 2022."
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