Actions for Crypto Users After the Balancer DEX Exploit On Aug. 27, 2023, Balancer was exploited for roughly $2 million, due to a vulnerability in some of their staking pools.
DeFi Hack on Exactly Protocol Shows the Sector’s Challenges The newly introduced Exactly Protocol was hacked for roughly $7 million in ETH on Aug. 18. To understand what happened, let’s walk through how attackers made off with crypto from Exactly’s platform.
Vyper, Reentrancy, Curve Finance and the Danger to DeFi The Curve Finance exploit is one of the biggest thefts in crypto so far by August 2023, but that isn’t the only reason this attack is notable. What happened has broad implications for DeFi platforms and the industry-wide goal of creating secure, blockchain-based finance options in web3.