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exploits

Hacker
Compound Pauses YFI, ZRX, BAT and MKR Supply to Protect Against Potential Exploits
Attackers have recently been exploiting DeFi protocols by manipulating thinly traded tokens and eventually draining liquidity.
Hacker

CDCROP: Circling the drain water down washed away (Shutterstock)
Polygon-Based DeFi Platform QuickSwap Closes Lending Service After Exploit
Over $220,00 in tokens was stolen on Monday with the use of a flash loan.
CDCROP: Circling the drain water down washed away (Shutterstock)

Markets Daily Podcast Cover
Crypto Update | Blockchain Bridges Keep Getting Attacked. Here's How to Prevent It
With both bitcoin and ether trading in a tight range over the past week amid swirling macroeconomic conditions, plus a look at how to hack a blockchain bridge, CoinDesk’s “Markets Daily” is back with the latest news roundup.
Markets Daily Podcast Cover

CDCROP: Former FBI detective Chris Tarbell who shut down Silk Road and hacktivist group LulzSec (Naxo Labs)
DeFi Exchange Mango's $114M Exploit Was 'Market Manipulation,' Not a Hack, Ex-FBI Special Agent Says
Chris Tarbell, co-founder of crypto investigative firm Naxo, discusses why the theft was more about manipulating the platform's native token than hacking the system.
CDCROP: Former FBI detective Chris Tarbell who shut down Silk Road and hacktivist group LulzSec (Naxo Labs)

CDCROP: Sliced mango served up on a table (Desirae Hayes-Vitor/Unsplash)
DeFi Exchange Mango Markets Will Soon Start Refunding Users for $114M Exploit
The exploiter had come forward and returned most of the stolen funds a few days ago.
CDCROP: Sliced mango served up on a table (Desirae Hayes-Vitor/Unsplash)

Bridge (Unsplash modified by CoinDesk)
First Mover Asia: Why Bridges Are So Vulnerable to Exploit; Bitcoin Falls Under $19K
One crypto developer says that centralization and reliance on private key holders are to blame, not the inherent technology and logic behind the bridges themselves.
Bridge (Unsplash modified by CoinDesk)

CDCROP: Hacker binary attack code (Markus Spiske/Unsplash)
Celo Protocol Moola Market Loses Over $10M in Market Manipulation Attack
Over 93% of the stolen funds were returned to the protocol shortly after the attack, developers said.
CDCROP: Hacker binary attack code (Markus Spiske/Unsplash)

CDCROP: Kim Grauer director of research (Chainalysis)
Bridge Security Is ‘Unresolved Technical Challenge,’ Chainalysis Research Director Says
Kimberly Grauer said on CoinDesk TV's “First Mover” program that industry figures must work together to make the software safer.
CDCROP: Kim Grauer director of research (Chainalysis)

CDCROP: Sliced mango served up on a table (Desirae Hayes-Vitor/Unsplash)
$114M Mango Markets Exploiter Outs Himself, Returns Most of the Money
Avraham Eisenberg defended his actions after returning $67 million. The Mango DAO plans to vote on how to divvy up the funds next week.
CDCROP: Sliced mango served up on a table (Desirae Hayes-Vitor/Unsplash)

CDCROP: Harvard campus in Boston (Getty Images)
Blockchain Bridges Keep Getting Attacked. Here's How to Prevent It
Crypto bridges are soft targets providing some of crypto's largest exploits this year.
CDCROP: Harvard campus in Boston (Getty Images)