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Olympus DAO Hacked for 30,000 OHM Worth $300,000, Perpetrator Returns Funds Within Hours

The Daily Hodl
Olympus DAO Hacked for 30,000 OHM Worth 0,000, Perpetrator Returns Funds Within Hours
Altcoins
Olympus DAO Hacked for 30,000 OHM Worth 0,000, Perpetrator Returns Funds Within Hours

The hacker who exploited an Olympus DAO (OHM) smart contract for $300,000 worth of assets is already returning the stolen funds. According to blockchain security analytics firm PeckShield, an error in one of Olympus DAO’s smart contract bonds resulted in a $292,000 exploit earlier today. “It seems the related OlympusDAO’s BondFixedExpiryTeller contract has a redeem() […]

The post Olympus DAO Hacked for 30,000 OHM Worth $300,000, Perpetrator Returns Funds Within Hours appeared first on The Daily Hodl.

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Aave mulls Chainlink integration to return MEV fees to users

Aave mulls Chainlink integration to return MEV fees to users

Hacker Siphons Close to $300K in OHM Tokens From the Olympus DAO

Bitcoin.com
Hacker Siphons Close to 0K in OHM Tokens From the Olympus DAO
89% down
Hacker Siphons Close to 0K in OHM Tokens From the Olympus DAOOn Friday, October 21, a malicious entity siphoned 30,437 OHM tokens from the Olympus DAO after finding a loophole in the rebase project’s smart contract. Following the exploit, the blockchain security and data analytics company, Peckshield, detailed the hackers stole close to $300K in OHM tokens. Hacker Exploits Smart Contract’s ‘BondFixedExpiryTeller’ Parameter, $292,000 in OHM […]
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Aave mulls Chainlink integration to return MEV fees to users

Aave mulls Chainlink integration to return MEV fees to users

Despite the Crypto Market Downturn, DAO Treasuries Grew by $700 Million Since January

Bitcoin.com
Despite the Crypto Market Downturn, DAO Treasuries Grew by 0 Million Since January
$700 million
Despite the Crypto Market Downturn, DAO Treasuries Grew by 0 Million Since JanuarySince January 2022, the entire crypto economy has shed $1.36 trillion in value, as the market capitalization dropped from $2.34 trillion to today’s $979 billion. While the crypto economy is down in value, trade volumes are lower, and the value locked in decentralized finance (defi) has shed billions, treasuries held by decentralized autonomous organizations (DAOs) […]
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Aave mulls Chainlink integration to return MEV fees to users

Aave mulls Chainlink integration to return MEV fees to users

Terra Proposal Seeks to Expand UST Stablecoin to 5 Different Defi Protocols

Bitcoin.com
Terra Proposal Seeks to Expand UST Stablecoin to 5 Different Defi Protocols
Astroport
Terra Proposal Seeks to Expand UST Stablecoin to 5 Different Defi ProtocolsOn January 6, Terra Research announced a proposal to expand the network’s stablecoin asset terrausd (UST) across a number of different protocols on Polygon, Ethereum, and Solana. Terra’s governance blog post discusses how the proposal to leverage $139 million of UST can bolster “awesome use-cases” in the world of decentralized finance (defi). Terra Research Proposes […]
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Aave mulls Chainlink integration to return MEV fees to users

Aave mulls Chainlink integration to return MEV fees to users

An In-Depth Look at Olympus DAO Protocol and the Not-So-Stable Stablecoin OHM

Bitcoin.com
An In-Depth Look at Olympus DAO Protocol and the Not-So-Stable Stablecoin OHM
bitcoin.com
An In-Depth Look at Olympus DAO Protocol and the Not-So-Stable Stablecoin OHMIn mid-October, Bitcoin.com News reported on how decentralized finance (defi) or algorithmic stablecoins have seen significant demand in 2021. One particular stablecoin called OHM is quite different from the traditional reserve currency defi protocols today, as OHM is a free-floating currency backed only by what’s held in the Olympus DAO treasury. OHM may not be […]
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Aave mulls Chainlink integration to return MEV fees to users

Aave mulls Chainlink integration to return MEV fees to users

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