UniBtc Hack Analysis
Bedrock is a multi-asset liquidity re-hypothecation protocol that allows the collateralization of assets like wBTC, ETH, and IoTeX through its non-custodial platform. It was developed in collaboration with RockX and…
Bedrock is a multi-asset liquidity re-hypothecation protocol that allows the collateralization of assets like wBTC, ETH, and IoTeX through its non-custodial platform. It was developed in collaboration with RockX and…
On September 3, 2024, Onyx DAO, a protocol derived from Compound Finance, suffered a severe breach. This incident led to a loss of approximately $3.8 million in various cryptocurrencies, primarily…
Overview of Penpie Protocol Penpie is a next-generation DeFi platform integrated with Pendle Finance, designed to boost yield and veTokenomics for its users. By locking PENDLE tokens, Penpie enables participants…
Convergence Finance is a DeFi protocol known for its innovative approach to liquidity aggregation and staking rewards. Shortly after a post-audit modification, the platform suffered a significant security breach on…
Overview of the Seneca Protocol The Seneca Protocol is a decentralized finance (DeFi) platform that provides a collateralized debt position (CDP) system for borrowing senUSD, a stablecoin pegged to $1.…
Super Sushi Samurai Hack Analysis Super Sushi Samurai is an innovative on-chain idle game set in the immersive world of Mizu-Edo, powered by the Blast Network. The game uniquely combines…
From an outsider’s perspective, returning millions of dollars worth of funds after successfully pulling off a complicated exploit is, at best, admirable, and at worst, foolish. What could be the motivation behind such a decision?
Beanstalk protocol got hacked for around $74M through exploiting the governance mechanism & stealing all the BEANS & Curve LP tokens stored in the Beanstalk protocol.
Rari capital got hacked for around $79M through a classic re-entrancy attack. Rari is a fork of compound finance which had this bug fixed earlier. It is not the first time Rari has been a victim of a hack.
On 21sth November 2021, Pickle finance was hacked, where an attacker was able to drain $19M DAI from the pDai jar. The attack exploited multiple inconsistencies & flaws in the logic of the pickle jar contract.