DeFi Hacks News

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Inside the Hunt for the Jay Pegs Auto Mart Thief and 865 ETH

It took the team at Jay Pegs Auto Mart basically zero time to identify and find the hacker responsible for stealing the proceeds from their auction of DONA tokens on SushiSwap’s MISO platform Thursday night. “It only took us five minutes to figure out who

cream

CREAM Finance Attack Leads to $23 Million Loss in AMP and ETH

New token standards introduce complexity that DeFi applications are still learning how to grapple with. Prime example: Money market CREAM Finance was hit with a reentrancy attack on Aug. 30 that allowed attackers to drain $22.8 million in Flexa’s AMP token and $4.2 million worth

poly network

Poly Network Hacked For Over $600M In Biggest DeFi Exploit Ever

At 6am ET on August 10, over half a billion dollars worth of crypto assets were stolen from Poly Network, a cross-chain protocol that facilitates token swaps across multiple blockchains including Ethereum, Binance Smart Chain and Polygon. With the total drained at $600M, this is

DeFi Traders Lost More Than $11M Across Two Weekend Hacks

Over the weekend, DeFi traders lost more than $11M across two hacks on Binance Smart Chain (BSC).  On July 10, Anyswap, a decentralized cross-chain protocol, suffered a hack worth nearly $8M of USDC and MIM (Magic Internet Money), a lesser known stablecoin. The exploit happened

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