Tag: decentralized finance
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Rekt: Polter Finance
Source URL: https://www.rekt.news/polter-finance-rekt Source: Rekt Title: Polter Finance Feedly Summary: After losing roughly $8.7 million to a textbook case of oracle manipulation, Polter Finance is scrambling to clean up the mess. Their unaudited protocol left key vulnerabilities wide open, and now they’re facing the fallout. Another day, another lesson in DeFi’s recklessness. AI Summary and…
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Rekt: Infiltrating Cosmos
Source URL: https://www.rekt.news/infiltrating-cosmos Source: Rekt Title: Infiltrating Cosmos Feedly Summary: North Korean devs secretly coded part of Cosmos Hub’s Liquid Staking Module. Key figures allegedly hid this, sparking major security concerns. Now the community scrambles to audit, remove & mitigate risks. How secure is your slice of the crypto universe? AI Summary and Description: Yes…
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Rekt: Radiant Capital – Rekt II
Source URL: https://www.rekt.news/radiant-capital-rekt2 Source: Rekt Title: Radiant Capital – Rekt II Feedly Summary: Radiant Capital gets a $53M haircut. Thought multi-sigs were safe? Think again. Radiant’s “robust" 3/11 setup crumbled like a house of cards. Exploited twice in 2024, the future of Radiant looks about as bright as a black hole. AI Summary and Description:…
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Rekt: Bedrock – Rekt
Source URL: https://www.rekt.news/bedrock-rekt Source: Rekt Title: Bedrock – Rekt Feedly Summary: Bedrock just got a lesson in why you should always double-check your math homework. In a twist that would make even a quantum physicist’s head spin, their uniBTC vault decided to play fast and loose with exchange rates, turning Ethereum deposits into a $2m…
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The Register: Victims lose $70k to one single wallet-draining app on Google’s Play Store
Source URL: https://www.theregister.com/2024/09/26/victims_lose_70k_to_play/ Source: The Register Title: Victims lose $70k to one single wallet-draining app on Google’s Play Store Feedly Summary: Attacker got 10k people to download ‘trusted’ web3 brand cheat before Mountain view intervened The latest in a long line of cryptocurrency wallet-draining attacks has stolen $70,000 from people who downloaded a dodgy app…
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Rekt: DeltaPrime – Rekt
Source URL: https://www.rekt.news/deltaprime-rekt Source: Rekt Title: DeltaPrime – Rekt Feedly Summary: Another day, another private key compromise. DeltaPrime Blue on Arbitrum suffers $5.98 million loss in private key compromise. Whispers of a notorious nation-state hacker group are already circulating through the cryptosphere. AI Summary and Description: Yes Summary: The text discusses a significant security breach…