Cover Protocol

white hat on computer Voatz security research

Markets

Who Insures the Insurer? Cover Protocol Attack Exposes DeFi’s Promise and Peril

DeFi insurer Cover Protocol, designed to reduce smart-contract failure risks, was exploited by a bug in its smart contract on Monday morning.

white hat on computer Voatz security research

By Michael J. Casey

Dec 28, 2020 at 8:10 p.m. UTC

Dec 28, 2020

InsuranceHackDeFiCover Protocol

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Tech

Cover Protocol May Launch New Token Following Attack

Cover Protocol announced it’s exploring launching a new COVER token after its current one was abused in a minting attack by a “white hat” hacker on Monday morning.

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Dec 28, 2020 at 5:30 p.m. UTC

Dec 28, 2020

HacktokenDeFiCover Protocol

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Markets

Cover Protocol Attack Perpetrated by 'White Hat,' Funds Returned, Hacker Claims

The exploiter has cashed out over $4 million including about 1,400 ether, one million DAI and 90 WBTC.

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By Kevin Reynolds David Pan

Dec 28, 2020 at 2:24 p.m. UTC

Dec 28, 2020

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