OnyxDAO Loses $3.8 Million in Precision Exploit Targeting Forked Compound V2 Code
The decentralized finance ecosystem suffered another blow on September 26, 2024, as OnyxDAO, a DeFi lending protocol built on forked […]
Security
Protecting Your Crypto Assets From Permit Phishing and Oracle Exploits in a Surge of Attacks
September 2024 delivered a brutal sequence of security incidents across the cryptocurrency ecosystem, with losses exceeding $70 million from centralized
Banana Gun Telegram Bot Exploit Exposes $3 Million in User Funds Through Oracle Vulnerability
The decentralized trading landscape faced a stark reminder of its security vulnerabilities this week as Banana Gun, a popular Telegram-based
Crypto Security Best Practices After September 2024 Exchange Hacks: A Practical Guide
September 2024 delivered a brutal reminder of the persistent risks in cryptocurrency storage and trading. With over $120 million stolen
BingX Exchange Loses $44 Million in Hot Wallet Breach: What Went Wrong
The cryptocurrency exchange landscape suffered another major setback in September 2024 when Singapore-based platform BingX fell victim to a sophisticated
Smart Contract Vulnerabilities in the Spotlight as DeFi TVL Surges Past Federal Reserve Rate Cut
On September 23, 2024, Ethereum traded at $2,648, having gained over 15% in just seven days following the Federal Reserve’s
Exchange Hot Wallet Breaches Expose Critical Gaps in Centralized Crypto Security Infrastructure
The September 2024 hacking spree that saw more than $120 million drained from crypto platforms has laid bare a uncomfortable
Post-Rate-Cut Crypto Rally Creates Perfect Storm for Security Exploits as Bitcoin Holds $63,330
The Federal Reserve’s landmark 50-basis-point rate cut on September 18, 2024, sent immediate shockwaves through the cryptocurrency market. By September
Crypto Security Best Practices in a High-Threat Environment
The cryptocurrency ecosystem in September 2024 faces an evolving threat landscape that demands constant vigilance from investors and platform operators
Penpie Reentrancy Exploit Exposes Critical DeFi Vulnerabilities Across Yield Protocols
The September 2024 Penpie protocol exploit, which resulted in the loss of approximately $27 million in Ethereum, serves as a