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Hacks, bugs, scams and other things in Moneytech and Web3 that did not go as it was expected
Hacks, bugs, scams and other things in Moneytech and Web3 that did not go as it was expected
Wintermute promised that everything would be fine with their clients' funds after hack. And, so far, they have kept their promises.
The cross-chain exploit of the BSC Token Hub bridge led to the creation of extra BNB. Binance asked the validators to shut down the BNB Smart Chain (BSC). After the BSC exploit, a hard-fork was performed.
Hacker Avraham Eisenberg, as part of a team of other hackers, stole more than $100 million from the Solana-trading platform Mango and called it “a highly profitable trading strategy.”
Alex Harutunian
Hacker Avraham Eisenberg, as part of a team of other hackers, stole more than $100 million from the Solana-trading platform Mango and called it “a highly profitable trading strategy.”
Alex HarutunianWintermute promised that everything would be fine with their clients' funds after hack. And, so far, they have kept their promises.
Alex Harutunian
The cross-chain exploit of the BSC Token Hub bridge led to the creation of extra BNB. Binance asked the validators to shut down the BNB Smart Chain (BSC). After the BSC exploit, a hard-fork was performed.
Alex Harutunian
GMX, a popular decentralized exchange, was manipulated in September, resulting in a loss of Liquidity Providers’ funds of $565,000. Just after two weeks, GMX successfully listed its tokens on Binance.
Alex Harutunian
MEV bot earned more than $1 million on successful arbitrage. But, almost an hour later, a hacker stole all the funds.
Alex Harutunian
Profanity - vanity address generator for Ethereum – has a vulnerability that threatens Ethereum users.
Alex Harutunian
Algorithmic market maker in digital assets – Wintermute – has been hacked. Hackers used a vulnerability in the wallet used for DeFi proprietary trading operations and stole $160M.
Alex Harutunian
Back in March, the Ronin network was breached, causing losses estimated above $600 million. At the time of the event, Sky Mavis only had 9 validator nodes; now, they have 18, including Google Cloud, to prevent another incident like this.
Alex Harutunian