NFT Marketplaces
Scams now plague the NFT space. What can be done to stop them?
The big-money world of NFTs is also attracting hackers, thieves and con artists. How do you know if that Ape NFT or digital Banksy is fake?
Anthony Georgiades
Lens
NFT Marketplaces
The big-money world of NFTs is also attracting hackers, thieves and con artists. How do you know if that Ape NFT or digital Banksy is fake?
Anthony Georgiades
Risks in DeFi
This follows an attack on Cream Finance that also resulted in a $130M hack.
Timmy Shen
Crypto Trading and Strategies
Behind this year’s giddy markets, evil and tragedies abound. Just in time for Halloween, Forkast.News shakes out the skeletons in crypto’s closet.
Monika Ghosh
DeFi News
This appears to be the third hack for the protocol this year — yet the biggest one so far.
Timmy Shen
DeFi News
Technical woes continue to beset decentralized finance (DeFi) protocol Compound this week as a hack resulted in 202,472 COMP, or US$68 million at the time, being transferred from its reservoir to its Comptroller where the funds remain vulnerable to being drained by subsequent transactions. Fast facts Yearn.Finance developer Banteg tweeted about the hack late Sunday […]
Lachlan Keller
Risks in DeFi
SushiSwap, a Japanese decentralized exchange, has dismissed the claims of a white hat hacker who says two contracts on the exchange have a vulnerability that puts US$1 billion worth of user assets at risk. Fast facts An anonymous white hat hacker published a report on Thursday claiming there is a loophole in the emergency withdrawal […]
Monika Ghosh
DeFi News
Decentralized finance platform Vee Finance, which is based on the Avalanche blockchain, has suffered from a hack that saw the loss of Ether and Bitcoin tokens worth US$35 million, the lending platform announced on Tuesday. Fast facts Vee Finance suspended the platform’s contracts as well as its deposit and borrow function to protect user assets […]
Monika Ghosh
Crypto Trading and Strategies
Scams and fake news have long dogged the crypto world. This week saw two major blockchain companies and a global retailer get swept up by hack rumors or hoaxes.
Lachlan Keller
Regulatory News
A Canadian-American citizen, who laundered tens of millions of dollars for cybercriminals including North Korea’s military intelligence agency hackers, has been sentenced to 11 years in prison, the U.S. Department of Justice announced. Fast facts Ghaleb Alaumary, 36, pleaded guilty to money laundering in 2020 and has been asked to pay US$30 million in restitution […]
Monika Ghosh
DeFi News
C.R.E.A.M. Finance suffered a flash loan exploit that was much larger than earlier estimates
Timmy Shen