Tags : Exploit


Airdrop Ethics: VC Agency Attracts Ire Following $2.5M Ribbon Finance

On Friday afternoon, decentralized finance (DeFi) customers found a researcher for Divergence Ventures, a crypto enterprise agency, was receiving a whole bunch of ETH from wallets promoting not too long ago airdropped RBN tokens – an indication of an airdrop exploit to which Divergence later admitted. The episode presents the largely unregulated, permissionless DeFi neighborhood […]Read More


DeFi Protocols Cream Finance, Alpha Lose $37.5M in Exploit; ‘Prime

Decentralized finance protocols (DeFi) Cream Finance and Alpha Finance have been victims of an exploit Saturday morning leading to a lack of funds totaling $37.5 million, in keeping with transaction details on Etherscan. Two hours later Cream stated its contracts have been “functioning as regular” and markets had been enabled. Alpha Finance then posted its […]Read More