Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => Topic started by: Oxumare on November 13, 2020, 09:09:24 AM

Title: Akropolis Platform Hacked
Post by: Oxumare on November 13, 2020, 09:09:24 AM
The yCurve pools of the Akropolis were hacked, resulting in the loss of $ 2 million worth of DAI.Staking Pools are safe. Friends who have investments on this platform should check it.After this event, the AKRO token lost more than 25% in value.( For those who don't know, Akropolis decentralized finance  platform) https://coinmarketcap.com/currencies/akropolis/

Title: Re: Akropolis Platform Hacked
Post by: hair on November 13, 2020, 04:20:28 PM
it looks like hackers are getting smarter at hacking crypto. is crypto security vulnerable now?
Title: Re: Akropolis Platform Hacked
Post by: Oxumare on November 14, 2020, 02:49:16 PM
Considering that crypto coins are based on software and there are many platforms in this market,hacking attacks are inevitable.
But such attacks can be avoided by taking the necessary security measures.
Do you think exchanges and cryptocurrencies are taking the necessary precautions for these hacking attacks?
Title: Re: Akropolis Platform Hacked
Post by: hair on November 15, 2020, 01:39:48 PM
Do you think exchanges and cryptocurrencies are taking the necessary precautions for these hacking attacks?
yes of course it is very necessary, like Ethereum freezing hackers' wallets, I think that kind of action can be a solution
Title: Re: Akropolis Platform Hacked
Post by: Oxumare on November 16, 2020, 12:05:21 PM
Do you think exchanges and cryptocurrencies are taking the necessary precautions for these hacking attacks?
yes of course it is very necessary, like Ethereum freezing hackers' wallets, I think that kind of action can be a solution

Especially Defi platforms have been experiencing these hacking attacks recently.
We read a hack news every day. Today, I learned that Walletreum, defined as an innovative and efficient crypto asset management tool, has been hacked.Some investors claim it was a fraudulent attempt in which the founders fled by taking the funds.
Title: Re: Akropolis Platform Hacked
Post by: hair on November 16, 2020, 12:18:41 PM
Today, I learned that Walletreum, defined as an innovative and efficient crypto asset management tool, has been hacked.Some investors claim it was a fraudulent attempt in which the founders fled by taking the funds.
A lot of speculation is spread, if that true then DeFi's reputation on the ethereum network will decrease and investors will prefer to invest in top coins rather than DeFi
Title: Re: Akropolis Platform Hacked
Post by: Oxumare on November 18, 2020, 12:42:42 PM
A lot of speculation is spread, if that true then DeFi's reputation on the ethereum network will decrease and investors will prefer to invest in top coins rather than DeFi

DeFi projects have been the most talked about projects of recent times, so we often talk about DeFi tokens.Because the money in the market is invested in Defi projects.This causes hacking attacks.Nowadays, exit scam events are another issue that I come across in Defi projects.
Title: Re: Akropolis Platform Hacked
Post by: hair on November 18, 2020, 02:17:05 PM
DeFi projects have been the most talked about projects of recent times, so we often talk about DeFi tokens.Because the money in the market is invested in Defi projects.This causes hacking attacks.Nowadays, exit scam events are another issue that I come across in Defi projects.
Whether DeFi reputation will decline? due to the many DeFi funds being stolen. of course it will course it will harm many people
Title: Re: Akropolis Platform Hacked
Post by: hasyurt on November 18, 2020, 08:57:11 PM
The Akropolis cannot recover from this bad situation anytime soon. Akropolis tokens were stolen when Kucoin was hacked. For some reason, the attacks on Defi projects have started to be more and more recently. I wonder what coin developers will do in this situation.
Title: Re: Akropolis Platform Hacked
Post by: Oxumare on November 19, 2020, 09:46:40 AM
The Akropolis cannot recover from this bad situation anytime soon. Akropolis tokens were stolen when Kucoin was hacked. For some reason, the attacks on Defi projects have started to be more and more recently. I wonder what coin developers will do in this situation.

I think the codes are copy-paste. (I'm not saying for the Acropolis)But recently, all of the projects that came out of the market and were hacked after 3 days had software vulnerabilities.They take the codes of other Defi projects and add them to their projects in order to get to the market quickly.
Title: Re: Akropolis Platform Hacked
Post by: gospodin on November 23, 2020, 09:41:40 AM
actually this is not a hacking attack. flash loan attack to which other defi platforms are also exposed. For this reason, it is not correct to call them hacking.
Title: Re: Akropolis Platform Hacked
Post by: Oxumare on December 03, 2020, 04:47:15 PM
actually this is not a hacking attack. flash loan attack to which other defi platforms are also exposed. For this reason, it is not correct to call them hacking.

You are right.I came across a new news today.Compounder.finance is a project traded on decentralized exchanges with the acronym CP3R. They stole $ 12 million in total.It was that Compounder.finance's Treasury was entirely under the control of the developer team. (I think this event is called rug pull)Twitter accounts were deleted, Telegram accounts were closed.
 
Title: Re: Akropolis Platform Hacked
Post by: ustcoin on December 03, 2020, 07:57:18 PM
actually this is not a hacking attack. flash loan attack to which other defi platforms are also exposed. For this reason, it is not correct to call them hacking.

This is the first time I've heard of such a thing. I understood that the hacker had a certain stock exchange or the Acropolis wallet was hacked and the acro token was stolen. Thanks for the information.
Title: Re: Akropolis Platform Hacked
Post by: gospodin on December 04, 2020, 10:46:59 AM
actually this is not a hacking attack. flash loan attack to which other defi platforms are also exposed. For this reason, it is not correct to call them hacking.

This is the first time I've heard of such a thing. I understood that the hacker had a certain stock exchange or the Acropolis wallet was hacked and the acro token was stolen. Thanks for the information.
Turkish information about flash loan: https://muhabbit.com/defi-flashloanlar/?doing_wp_cron=1607074920.1128160953521728515625
I guess the strongest platform against the flash loan: chainlik (link)
he/she's not a hacker, just software developer and a very smart person:))