Category: Hack

Phishing attack uses PancakeSwap and Cream domains to steal money

Phishing attack uses PancakeSwap and Cream domains to steal money

Two BSC-based projects have been attacked by replacing their websites with a malicious interface. 4705 Total views 25 Total shares Two decentralized finance projects are reportedly being targeted by a DNS spoofing attack. According to reports from Monday morning U.S. time, PancakeSwap and Cream Finance, two projects deployed on Binance Smart Chain, are phishing users into entering […]

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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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Cover Protocol announces compensation plan following mining contract attack

Cover Protocol announces compensation plan following mining contract attack

Cover Protocol will distribute new “coins” to tokenholders as Binance announces compensation for affected traders. 4032 Total views 19 Total shares Peer-to-peer coverage market Cover Protocol has published a compensation plan for tokenholders and liquidity providers affected by the recent hack. As part of the process, the Cover Protocol team took a snapshot at block height […]

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