Team Finance hacker returns $7M to associated projects after exploit

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Four projects have received some $7 million worth of tokens from the hacker behind the $14.5 million Team Finance exploit on Oct. 27. Over the weekend, the attacker confirmed in...

Compound pauses 4 tokens to avoid price manipulation: Finance Redefined

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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.After the Mango Markets...

After Mango Markets exploit, Compound pauses 4 tokens to protect against price manipulation

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Decentralized lending protocol Compound has paused the supply of four tokens as lending collateral on its platform, aiming to protect users against potential attacks involving price manipulation, similar to...

Mango Market exploiter brags after rug-pulling Mango Inu ‘shitcoin’

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In just over a week after pulling off the $117 million exploit of Mango Markets, Avraham Eisenberg is now boasting about making $100,000 rug-pulling a “shitcoin” called Mango Inu,...

FTX to give a ‘one-time’ $6M compensation to phishing victims

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Cryptocurrency exchange FTX will provide around $6 million in compensation to victims of a phishing scam that allowed hackers to conduct unauthorized trades on certain FTX users’ accounts. FTX founder...

Unsung hero saves DeFi protocol from potential exploit: Finance Redefined

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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.The last week’s headline...

Gate.io users at risk as scammers fake giveaway on hacked Twitter account

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Hackers took over the official Twitter account of crypto exchange Gate.io, putting over 1 million users at risk of losing funds to an ongoing fraudulent Tether (USDT) giveaway.Social media...

Ethereum Alarm Clock exploit leads to $260K in stolen gas fees so far

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A bug in the smart contract code for the Ethereum Alarm Clock service has reportedly been exploited, with nearly $260,000 said to have been swiped from the protocol so...

Moola Market attacker returns most of $9M looted for $500K bounty

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An attacker has returned just over 93% of the more than $9 million worth of cryptocurrencies they exploited from the Celo blockchain-based decentralized finance (DeFi) lending protocol Moola Market.At...

Crypto hacks are set to hit all-time highs in 2022, analyst explains

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Reducing the amount of hacking by improving cybersecurity should be considered a top priority for the crypto industry, said Kim Grauer, director of research of blockchain intelligence firm Chainalysis. As...