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Attackers Steal $1.6 Million in Digital Assets From Defi Protocol Pike Finance

Attackers Steal .6 Million in Digital Assets From Defi Protocol Pike FinanceUnknown attackers recently siphoned digital assets valued at just under $1.6 million from the decentralized finance protocol, Pike Finance. The protocol announced it is offering a 20% reward for the return of the funds, while an ongoing investigation into the incident continues. USDC Vulnerability The decentralized finance (defi) protocol, Pike Finance, said on May 1 […]

USDC overtakes USDT: Compliance is key to stablecoin dominance

Hacker Steals $6.9 Million From Arbitrum-Based Defi Protocol Lodestar Finance

Hacker Steals .9 Million From Arbitrum-Based Defi Protocol Lodestar FinanceArbitrum-based lending platform Lodestar Finance was exploited on Dec. 10, 2022, according to a tweet from the project’s Twitter account on Saturday. Community reports detail that Lodestar lost roughly $6.9 million from the vulnerability. Lodestar Finance Loses $6.9 Million in an Exploit, TVL Drained, LODE Drops by 53% Another decentralized finance (defi) platform, Lodestar Finance […]

USDC overtakes USDT: Compliance is key to stablecoin dominance

Cross-Chain Bridge Nomad Loses $190 Million Making It 2022’s Third-Largest Crypto Heist

Cross-Chain Bridge Nomad Loses 0 Million Making It 2022’s Third-Largest Crypto HeistOn Monday, the cross-chain token bridge Nomad was attacked and hackers managed to siphon $190 million from the protocol, draining a great majority of the funds. The Nomad cross-chain bridge attack was the third-biggest crypto heist of 2022, and the ninth largest of all time. Nomad Cross-Chain Bridge Exploited for $190 Million Cross-chain bridges in […]

USDC overtakes USDT: Compliance is key to stablecoin dominance