The centralized cryptocurrency lending platform Celsius Network could lose more than $50 million as a result of unauthorized withdrawal of funds from the Badger DAO DeFi protocol. This assumption was made by users of Reddit and Twitter. The project was hacked on December 2. PeckShield experts estimated the damage at more than $120 million. They…
The Cayman Islands-registered cryptocurrency exchange BitMart has reported the hacking of the Ethereum and Binance Smart Chain (BSC) hot wallets. Hackers withdrew more than $150 million from the platform. PeckShield specialists were among the first to pay attention to the attack. On the night of December 4-5, they noted a number of suspicious transactions from…
Users of the decentralized finance protocol Badger DAO reported unauthorized withdrawal of funds. The estimated damage from hacking may exceed $100 million. The project team suspended all smart contracts and launched an investigation. Presumably, the hack was the result of an exploit in the user interface. Some protocol clients have paid attention to requests for…
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Since 2020, users have suffered losses in excess of $12 billion due to fraud and theft on DeFi platforms, with most of the losses – $10.5 billion – occurring in 2021. This is stated in the research of the analytical company Elliptic. According to experts, only $721 million of this amount was subsequently reimbursed. The…
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The hacker withdrew $31 million worth of crypto assets from the Polygon-based MonoX platform. Igor Igamberdiev, an analyst at The Block, drew attention to this. According to the researcher’s observations, the attacker stole: 5.7 million MATIC tokens (worth approximately $10.5 million); 3900 WETH ($18.2 million); 36.1 WBTC ($2 million); 1200 LINK ($31 000); 3100 GHST…
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