On Aug. 27, 2023, Balancer was exploited for roughly $2 million, due to a vulnerability in some of their staking pools.
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.
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.
Crypto thefts that impact web3 users through scams such as phishing, hacks, and rug pulls were rampant in 2022. Here's a list of the top 11 scams that resulted in over $100 million in losses.
Reporting on FTX's bankruptcy and Sam Bankman-Fried is everywhere - but so are inaccuracies and misinformation on this topic. This article dives into the details and explains why FTX really imploded.