Latest News and Articles about DeFi Exploit
Balancer’s $128M Exploit: $8M Recovery Plan and KYC Controversy in DeFi
Balancer’s $128 Million v2 Exploit Reimbursement Plan: Recovery in Progress Balancer, a cornerstone of decentralized finance (DeFi), suffered a devastating blow on November 3 when a massive $128 million exploit struck its v2 platform, shaking trust among users and exposing critical vulnerabilities. Now, the protocol is rolling out a reimbursement plan to return roughly $8 […]
Read MoreBalancer DAO’s $128M Hack: Bounty Offer Sparks DeFi Security Debate
Balancer DAO’s $128M Hacker Gambit: Bounty Deal or Dangerous Precedent? What do you do when a hacker drains $128 million from your decentralized finance platform? If you’re Balancer DAO, you don’t rush to the authorities—you slide into the thief’s blockchain DMs with a deal. This jaw-dropping move follows a massive exploit of Balancer’s system earlier […]
Read MoreUniLend Finance Exploit: $197K Stolen in DeFi Hack on Ethereum
UniLend Finance Exploit: $197,000 Stolen in Latest DeFi Security Breach on Ethereum UniLend Finance, a decentralized finance (DeFi) protocol on Ethereum, suffered a significant exploit on January 12, resulting in a loss of approximately $197,000. The attackers exploited a vulnerability in the “redeem process” of the protocol, demonstrating the ongoing security challenges within the DeFi […]
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