Wintermute reveals $160M hack in DeFi operations

Crypto market maker Wintermute’s CEO Evgeny Gaevoy revealed that the firm was hacked for $160 million in its DeFi operations. We’ve been hacked for about $160M in our defi operations. Cefi and OTC operations are not affected — wishful cynic (@EvgenyGaevoy) September 20, 2022 According to Gaevoy, around 90 assets were hacked, with only two … Read more

Over $86.6M worth of NFTs has been stolen since 2022

Recent research from Comparitech shows that NFT thefts are becoming more frequent than ever— and more profitable. The company has kept track of NFT thefts ever since the non-fungible token standard was first introduced and recorded the first stolen NFTs as early as 2020. Since then, over $86.6 million of tokens have been stolen. At … Read more

Deus DAO suffers another flash loan exploit, loses over $16M

Deus Finance DAO has suffered another exploit and lost $13.4 million worth of ETH to a hacker less than a month after being hacked in a similar flash loan attack for roughly $3 million. Deus DAO lost over $16 million to the two attacks Blockchain security company PeckShield first reported the exploit claiming that although … Read more