Defrost Finance breaks silence on ‘exit scam’ accusations, denies rug pull
Defrost Finance, the decentralized trading platform that suffered a $12 million exploit in the days leading up to Christmas, has denied allegations that it had “rugged” its users as...
Alameda wallets become active days after SBF bail, community mulls foul play
The crypto wallets associated with now-bankrupt trading firm Alameda Research, the sister company of FTX, were seen transferring out funds just days after the former CEO Sam Bankman Fried...
Here’s how Defrost Finance plans to refund users following $12M hack
After recovering the funds lost in a recent flash loan exploit, decentralized leverage-trading platform Defrost Finance is planning to return the funds to their rightful owners, according to a...
BitKeep CEO says some users’ private keys remain at risk after exploit
According to a letter posted on Chinese blockchain news publisher Odaily.com on Dec. 27, Kevin Como, the anonymous CEO of BitKeep, warned that users’ private keys are still at...
Bitcoin mining pool BTC.com reports $3M cyberattack
Major cryptocurrency mining pool BTC.com has suffered a cyberattack resulting in a significant loss of company and customer funds.The attack occurred on Dec. 3, with attackers stealing around $700,000...
Defrost v1 hacker reportedly returns funds as ‘exit scam’ allegations surface
On Dec. 26, blockchain security firm CertiK issued a warning alleging that Defrost Finance, a decentralized leverage-trading platform on the Avalanche blockchain that recently suffered an exploit, is an...
LastPass attacker stole password vault data, showing Web2’s limitations
Password management service LastPass was hacked in August 2022, and the attacker stole users’ encrypted passwords, according to a Dec. 23 statement from the company. This means that the...
DeFi flash loan hacker liquidates Defrost Finance users causing $12M loss
Defrost Finance, a decentralized leveraged trading platform on Avalanche blockchain, announced that both of its versions — Defrost v1 and Defrost v2 — are being investigated for a hack....
Web3 projects would rather get hacked than pay bounty: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.Uniswap, one of the...
LastPass attacker stole password vault data, showing Web2’s limitations
Password management service LastPass was hacked in August 2022, and the attacker stole users’ encrypted passwords, according to a Dec. 23 statement from the company. This means that the...
