Jun 2, 2023
Losses from crypto rug pulls outpaced DeFi exploits in May: Beosin
Over $45 million was lost to exit scams in May while exploits on DeFi protocols racked up less than half that amount over the same period.
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Losses from crypto rug pulls outpaced DeFi exploits in May: Beosin
Over $45 million was lost to exit scams in May while exploits on DeFi protocols racked up less than half that amount over the same period.
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Breaking: Cream Finance Faces Second Flash Loan Attack in 2021, Loses $18 Million
Breaking: Cream Finance Faces Second Flash Loan Attack in 2021, Loses $18 Million
Cream Finance, the Defi lending protocol has become a victim of another flash loan attack in which the losses are estimated to be about $18 million. According to early reports from Wu Blockchain, there were two attackers behind the exploit that carried out the heist in 17 transactions. Source: EtherScan Panic Shield, blockchain security, and the analytic firm were the first to detect the attack…
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