Hacks

Creamed Cream – Learn the Secret Recipe (Cream Hack Analysis)

Cream Finance was hacked again on 27th October 2021. Likely for the final time. The attacker stole $130m+ worth of assets from Cream’s lending protocol. The attack was executed over multiple transactions due to block gas limits, but the bulk of it happened in this transaction. This was one of the most sophisticated and cleanly

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Poly Network Hack Analysis – Largest Crypto Hack

On 10th August 2021, Poly Network suffered from a hack that caused a loss of over 600 million dollars. The hack happened across multiple blockchains including Ethereum, Binance Smart Chain, and Polygon. This is the largest crypto hack yet. Poly Network is a Blockchain interoperability project that allows people to send transactions across blockchains. One

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Cover protocol hack analysis: Infinite Cover tokens minted via an exploit

A bug was exploited in the Cover protocol’s liquidity mining/farming contract called Blacksmith. Multiple hackers used the bug to mint practically infinite tokens. The biggest hacker burned most of the hacked tokens and returned 4350 ether but there still are around 70 thousand Cover tokens in circulation that were created using this exploit and shouldn’t exist. The original hacker has cashed out about 1400 ether, 1 million DAI, 3k LINK, and 90 WBTC, about $4.4 million in total already.

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