The Ethereum layer-2 blockchain Optimism witnessed a significant security breach involving multichain lending protocol Hundred Finance. According to the protocol, the losses amount to $7.4 million.
Hundred Finance disclosed details of the exploit...
Near protocol allocates $800 million to its DeFi ecosystem, and Immunefi raises $5.5 million to advance its security service — all of this and more coming to you in this week’s Finance Redefined.
The massive multi-million dollar exploit of the decentralized finance Poly Network sent shockwaves through the nascent industry, but there appears to be a happy ending.
The cross-chain DeFi protocol THORChain has suffered its second security breach in less than a month - this time, the attackers stole millions of dollars in crypto.
Following a second exploit in 9 days, over 14 tokens listed on the ChainSwap bridge have plunged 99%. The company insists: funds from individual wallets are safe.
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