Thunder Terminal successfully thwarted a $240,000 exploit targeting 114 wallets, ensuring user funds’ security. The incident involved an attacker gaining access to a MongoDB connection URL, executing withdrawals on behalf of users. The on-chain trading platform Thunder Terminal successfully thwarted a $240,000 exploit that targeted 114 wallets on its platform, assuring users that their funds…
Kyber Network has asked all of its users to promptly withdraw all their funds without clicking on any suspicious links or DMs. KyberSwap, a decentralized exchange (DEX) protocol, has reportedly experienced a $47 million exploit, based on on-chain data. The funds were associated with its Elastic Pools liquidity solution. Unexpectedly, funds from wallets linked to…
SAND555 I covered Southern Copper Corporation (NYSE:SCCO) just over a year ago, when I rated the stock a hold – citing concerns with falling commodity prices and potential to miss earnings targets. The stock is up about 60% since then. I am again rating the stock a hold – but for different reasons this time…
The protocol will attempt to “socialize” all losses across its platform. Cypher, the Solana-based trading platform, has announced how it intends to recover from its $1 million exploit. In a recent publication, the firm noted that its plan will take place over four stages. Firstly, the protocol will attempt to “socialize” all losses across its…
Upbit noted that CRV has experienced increased volatility. South Korean exchange Upbit has halted trading of the Curve Finance (CRV) token after the project suffered a major exploit over the weekend. According to an Upbit announcement, the exchange temporarily halted CRV deposits and withdrawals to safeguard all transactions and protect users from potential losses. How…
As per the preliminary audits, the estimated losses are already north of $42 million with assets worth $100 million under risk. Curve Finance, the Ethereum-based second-largest decentralized exchange (DEX) after Uniswap, suffered a major exploit on Sunday, July 30. The exploit happened typically due to a vulnerability in its programing language Vyper. Due to the…