Category: Exploit

Transaction batching protocol Furucombo suffers $14 million “evil contract” hack

Transaction batching protocol Furucombo suffers $14 million “evil contract” hack

The latest attack relied on user permissions granted to the protocol 29138 Total views 37 Total shares The latest “evil contract” exploit has netted an attacker over $14 million in stolen funds.  Furucombo, a tool designed to help users “batch” transactions and interactions with multiple decentralized finance (DeFi) protocols at once, fell victim to the […]

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As faith in audits falter, the DeFi community ponders security alternatives

As faith in audits falter, the DeFi community ponders security alternatives

As the attacks launched against popular decentralized finance (DeFi) protocols grow ever-more complex, the efficacy of audits from major security companies have in turn come under scrutiny — and some members of the DeFi community have already begun building homegrown alternatives. “I think that now, after all the hacks we’ve had, we basically understand that […]

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