Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => DeFi tokens => Topic started by: RSRS on August 01, 2021, 08:41:55 AM
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Table of Contents
DeFi Hacks and Exploits in Q1
February 4: Yearn Finance (YFI) Flash Loan Attack
February 13: Alpha Homora Flash Loan Attack
February 27: Furucombo’s Smart Contract Exploit
March 8: DODO DEX Exploit
March 4: Meerkat Fiance $31M Exploit
March 5: PAID Network Infinite Mint Attack
March 15: Roll’s Hot Wallet Breach
DeFi Hacks in Q2
April 3: ForceDAO Launch Day Exploit
April 28: Uranium Finance $50M Hack
April 19: EasyFi’s $80 Million Attack
May 1: Spartan Protocol Flash Loan Attack
May 8: Rari Capital‘s $11 Million Evil Contract Exploit
May 20: PancakeBunny’s $200M Flash Loan Exploit
May 22: Bogged Finance $3M Flash Loan Attack
May 28: BurgerSwap $7.2M Flash Loan Attack
May 30: Belt Finance $6.3M Flash Loan Exploit
June 16: Alchemix Reverse Rug Event
June 21: Impossible Finance $0.5M Flash Loan Exploit
Comparison: 2020 vs 2021
Factors Leading to These Events
Flash Loan Attacks
Smart Contract Bugs
Rug Pull or Exit Scams
Binance Smar Chain (BSC) Hacks
DeFi Exploits in 2021 have already crossed the figures recorded in 2020. With the amount of money locked on DeFi protocols is increasing by many folds, criminals are also attacking them to get away with the bunch of money.
More Information (https://cryptonews.net/en/news/defi/1247369/)