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Exploit

The exploit of Platypus Finance is the latest example of crypto's rampant problem with hackers. (Meg Jerrard/Unsplash)
Technology
Exploit
DeFi Protocol Platypus to Repay at Least 63% of User Funds After $9M Hack
The Avalanche-based protocol worked with crypto exchange Binance to identify the exploiter responsible for last week's attack.
The exploit of Platypus Finance is the latest example of crypto's rampant problem with hackers. (Meg Jerrard/Unsplash)
By Krisztian Sandor
Feb 23, 2023 at 6:04 p.m. UTC
Feb 23, 2023
ExploitDecentralized FinanceStablecoinAvalancheBinance
(Shutterstock)
Technology
Exploit
BlockTower Capital Loses $1.5M in DeFi Market Aggregator Dexible Exploit: Blockchain Data
The hacker exploited a weakness in a smart contract code, allowing them to drain funds from certain crypto wallets. Crypto “whales” accounted for 85% of the losses.
(Shutterstock)
By Krisztian Sandor
Feb 17, 2023 at 5:29 p.m. UTC
Feb 17, 2023
ExploitHackBlockTower Capital
(Getty Images)
Markets
Exploit
USP Stablecoin Loses Dollar Peg as DeFi Protocol Platypus Suffers $8.5M Attack
The flash loan attack caused Platypus Finance’s native stablecoin to fall to 48 cents from $1. The potential loss is $8.5 million, according to blockchain security firm CertiK...
(Getty Images)
By Krisztian Sandor
Feb 16, 2023 at 9:34 p.m. UTC
Feb 16, 2023
ExploitDecentralized FinanceDeFiAvalancheFlash LoansAttacksStablecoin
(Orion Protocol, modified by CoinDesk)
Finance
Exploit
Orion Protocol Loses $3M of Crypto in Trading Pool Exploit
Wallets associated with the event are sending ether through mixer Tornado Cash.
(Orion Protocol, modified by CoinDesk)
By Danny Nelson
Feb 2, 2023 at 6:13 p.m. UTC
Feb 2, 2023
Exploit
Aave is Finnish for "ghost." (MidJourney/CoinDesk)
Markets
Aave
DeFi Protocol Aave Clears Bad CRV Token Debt from Exploit Attempt
The maneuver comes ahead of the activation of a major tech upgrade of the protocol called Aave v3.
Aave is Finnish for "ghost." (MidJourney/CoinDesk)
By Krisztian Sandor
Jan 26, 2023 at 6:30 p.m. UTC
Jan 26, 2023
AaveDecentralized FinanceliquidationExploitTrading
(Towfiqu Barbhuiya/Unsplash)
Finance
Dex
Raydium Exchange Exploiter Sends $2.7M to Tornado Cash
The exploiter sent a total of 42 transactions amounting to 1,774.5 ETH on Thursday.
(Towfiqu Barbhuiya/Unsplash)
By Oliver Knight
Jan 19, 2023 at 12:44 p.m. UTC
Jan 19, 2023
DEXExploitTornado CashSanctions
Defrost Finance suffered a $12 million exploit (Getty Images)
Finance
Exploit
Defrost Finance Denies Rug Pull Allegations Amid $12M Exploit
The group says it’s retrieved all the funds after offering a bounty to the hacker.
Defrost Finance suffered a $12 million exploit (Getty Images)
By Oliver Knight
Dec 30, 2022 at 3:02 p.m. UTC
Dec 30, 2022
ExploitAttackHackDeFi
(Towfiqu Barbhuiya/Unsplash)
Finance
Ankr
DeFi Protocol Ankr Says Ex-Employee Caused $5M Exploit
The company is working with law enforcement to prosecute the attacker.
(Towfiqu Barbhuiya/Unsplash)
By Oliver Knight
Dec 21, 2022 at 3:56 p.m. UTC
Dec 21, 2022
AnkrDeFiExploit
(Getty Images)
Finance
Exploit
Solana-Based Raydium Exchange Victim of 7-Figure Exploit
Currently, about $2 million of different cryptocurrencies are sitting in the attacker’s account.
(Getty Images)
By Sam Kessler
Dec 16, 2022 at 3:13 p.m. UTC
Dec 16, 2022
ExploitSolanaDeFi
DeFi Protocol Ankr Says It Will Reimburse Users Affected by $5M Exploit
Video
Defi
DeFi Protocol Ankr Says It Will Reimburse Users Affected by $5M Exploit
Decentralized finance (DeFi) protocol Ankr said it will reimburse the users impacted by the $5 million exploit that occurred on its platform Friday. "The Hash" panel discusses...
DeFi Protocol Ankr Says It Will Reimburse Users Affected by $5M Exploit
By CoinDesk Inc
Dec 2, 2022 at 6:57 p.m. UTC
Dec 2, 2022
DeFicdtvHash clipAnkrExploit