Hacks

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 …

Poly Network Hack Analysis – Largest Crypto Hack Read More »

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.

bZx Hacked Again! Hacker made more than 2378 ETH – Analysis

Someone has duped bZx once again (second time in one week). This time, the hacker got away with a lot more. The hacker seems to have gotten away with more than 2378 ETH, which is equivalent to 635k USD at current prices. The hack was very similar to the last hack and executed in a single transaction on …

bZx Hacked Again! Hacker made more than 2378 ETH – Analysis Read More »