A community for the latest discussions about the cutting edge of crypto design, it's culture and significant crypto news. Decentralize everything. Check out our [Community Guidelines](https://relevant.community/crypto/post/6122269e61d1cd005a877277/62427d3ed587ad005b647828)
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© 2020 Relevant Protocols Inc.
A community for the latest discussions about the cutting edge of crypto design, it's culture and significant crypto news. Decentralize everything. Check out our [Community Guidelines](https://relevant.community/crypto/post/6122269e61d1cd005a877277/62427d3ed587ad005b647828)
48409 Members
We'll be adding more communities soon!
© 2020 Relevant Protocols Inc.
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>"Popular DEX QuickSwap said Monday that it had closed its lending protocol QuickSwap Lend following a flash loan exploit."
>"Popular DEX QuickSwap said Monday that it had closed its lending protocol QuickSwap Lend following a flash loan exploit."
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A cross-chain bridge is a technology that allows communication between two separate blockchain networks, such as transferring and swapping assets, calling functions in contracts from other blockchains, and more. Bridges, in other words, _...Read More_
A cross-chain bridge is a technology that allows communication between two separate blockchain networks, such as transferring and swapping assets, calling functions in contracts from other blockchains, and more. Bridges, in other words, _...Read More_
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Lending protocol Moola Market is the latest to fall victim to a “highly profitable trading strategy”, and the first CELO protocol on the rekt.news leaderboard (#63). Similarly to last week’s Mango Markets case, the exploit was carried out _...Read More_
Lending protocol Moola Market is the latest to fall victim to a “highly profitable trading strategy”, and the first CELO protocol on the rekt.news leaderboard (#63). Similarly to last week’s Mango Markets case, the exploit was carried out _...Read More_
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TempleDAO’s STAX, was hacked yesterday for approximately $2.3M worth of LP tokens. TempleDAO launched as one of many OHM-forks in the run-up to last year’s market top, before pivoting to stablecoin farm when the Olympus model crumbled. _...Read More_
TempleDAO’s STAX, was hacked yesterday for approximately $2.3M worth of LP tokens. TempleDAO launched as one of many OHM-forks in the run-up to last year’s market top, before pivoting to stablecoin farm when the Olympus model crumbled. _...Read More_
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"To top off yesterday's rumours, exploits and SEC action, Solana’s flagship margin trading protocol also got rekt, losing 9 figures to a well-funded market manipulator. The attacker managed to spike the price of Mango Markets’ native token _...Read More_
"To top off yesterday's rumours, exploits and SEC action, Solana’s flagship margin trading protocol also got rekt, losing 9 figures to a well-funded market manipulator. The attacker managed to spike the price of Mango Markets’ native token _...Read More_
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"On the 4th of October, ~$1.1M was stolen from Sovryn, a “DeFi” protocol on the controversial “Bitcoin smart contract network”, RSK (apparently “the most secure smart contract network in the world”)."
"On the 4th of October, ~$1.1M was stolen from Sovryn, a “DeFi” protocol on the controversial “Bitcoin smart contract network”, RSK (apparently “the most secure smart contract network in the world”)."
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"Over half a billion stolen from the BNB bridge. If a chain can be stopped and started at a moment's notice, can it really be considered decentralized?"
"Over half a billion stolen from the BNB bridge. If a chain can be stopped and started at a moment's notice, can it really be considered decentralized?"
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Sunday morning notifications of a cross-chain protocol losing millions. Just like the good old days. _...Read More_
Sunday morning notifications of a cross-chain protocol losing millions. Just like the good old days. _...Read More_
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"The evolution of “threat detection” is exposing another chink in Web 3’s armor though - protocols’ ability to react to threats when they are identified, something known as incident response."
"The evolution of “threat detection” is exposing another chink in Web 3’s armor though - protocols’ ability to react to threats when they are identified, something known as incident response."
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>"A bug in the protocol’s newly-deployed iBTC-aUSD liquidity pool left the door wide open for hackers to exploit."
>"A bug in the protocol’s newly-deployed iBTC-aUSD liquidity pool left the door wide open for hackers to exploit."
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All are inevitable reactions to an indiscriminate attack, where nobody knows who’s safe, and who’s next. Approximately 8,000 addresses on the Solana network have been compromised, draining a total of ~$5.3M.
All are inevitable reactions to an indiscriminate attack, where nobody knows who’s safe, and who’s next. Approximately 8,000 addresses on the Solana network have been compromised, draining a total of ~$5.3M.
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>"Twitter has erupted with reports of compromised wallets being drained of Solana and USDC, with no method or attacker yet identified."
>"Twitter has erupted with reports of compromised wallets being drained of Solana and USDC, with no method or attacker yet identified."
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The vultures had a busy night. Nomad Bridge has been torn apart, with $190M of liquidity drained in a savage attack lasting two and a half hours.
The vultures had a busy night. Nomad Bridge has been torn apart, with $190M of liquidity drained in a savage attack lasting two and a half hours.
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>"Another token bridge appears to have been exploited for nearly $200 _...Read More_
>"Another token bridge appears to have been exploited for nearly $200 _...Read More_
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Another day another exploit.
Another day another exploit.