Ethereum-based DeFi platform Makina Finance has lost 1,299 ETH, worth around $4 million, after hackers successfully manipulated prices on one of its USDC liquidity pools. According to PeckShield and ...
QuickSwap, a decentralized-finance (DeFi) platform that's based on the Polygon blockchain, closed its lending services for users following a flash-loan exploit for over $220,000 worth of tokens on ...
In July 2024, Dough Finance, a Florida-based DeFi platform promising leveraged “looping” returns, fell prey to a flash-loan exploit that drained $2.5 million from user accounts. The exploit not only ...
Decentralized finance protocol Bunni suffered an $8.4 million exploit on September 2, after a sophisticated attacker leveraged a flash loan to manipulate liquidity pools on both Ethereum and Unichain.
Technical weaknesses in smart contracts, such as reentrancy and flash loan exploits, have led to substantial financial losses in the crypto space. Targeted security solutions, like SphereX and GoPlus, ...